Market Extra: Apple hit by more signs of downbeat quarter
Apple’s downtrodden stock slides below $400 mark as more analysts predict a weak quarter and less chance of a dividend announcement by then. A warning from a chip supplier doesn’t help.
Market Extra: With Target warning, investment case is mixed
Joining a slew of other retailers, Target Corp. on Tuesday cut its first-quarter sales and profit forecast as it blamed disappointing demand for seasonal and weather-sensitive merchandise such as sporting goods, apparel and patio.
Market Extra: Apple targets cut as quarterly results loom
Three brokers cut their price targets on Apple Inc. — a week ahead of what is expected to be a challenging earnings report.
Market Extra: Saks faces muted ‘wealth effect’
The wealth effect for Saks may be delayed by rising income tax and other fiscal concerns for its high-end shoppers, J.P. Morgan says.
Market Extra: An analyst makes a bull case for Home Depot
Home Depot Inc., already the best-performing Dow member in the past 12 months, looks to have more upside, an analyst says.