Amazon Misses, But Online Retail Going Strong
Yes, Amazon.com (AMZN) suffered a big earnings miss, and its stock plummeted on Friday. Here’s what the e-commerce company is doing right for the long term.
Yes, Amazon.com (AMZN) suffered a big earnings miss, and its stock plummeted on Friday. Here’s what the e-commerce company is doing right for the long term.
EQM Indexes LLC, (“EQM Indexes”), a San Diego-based provider of index benchmarks for Exchange Traded Products (ETPs), has launched an index that tracks the online retail market segment. The IBUYXT Index (the “Index”) tracks the combined performance of a basket of 40 to 50 global stocks that derive significant revenue from online retail and virtual commerce including the online retail, online marketplace, and online travel market segments.
The mall isn't dead, it has just moved online. — EQMIndexes (@EQMIndexes) January 13, 2016
Currency-hedged ETFs have been around since 2010, but with the US dollar so strong relative to other currencies they have been gaining in popularity with investors seeking to reduce the currency risk in their portfolios.
The market refrain "Sell in May and go away" failed to apply again this year, as the stock market continues to teeter at record highs. The notion that investors should take their profits ahead of warmer weather and return presumably when markets are lower in the fall has not worked in the last couple of years.
Methode Electronics (MEI) surged to a 12-year high last week after soaring 32.5% on strong earnings results. The company reported a profit of $0.36/share, which was far above analyst forecasts for $0.21.
Since Marissa Mayer became CEO of Yahoo (YHOO) a little over a year ago on July 17,2012, Yahoo has acquired a whopping 19 companies. Yahoo has been on a shopping spree, snapping up companies in four key areas: core content, social, gaming, and video/conference calls.
Founded in 1973, The Men's Wearhouse (MW) is a specialty retailer of men's suits and a provider of tuxedo rental products in the US and Canada.
Lumber Liquidator Holdings (LL) is the largest specialty retailer of hardwood flooring and related products in North America, operating 290 retail locations. The company markets its products to homeowners or contractors under several proprietary brands including its flagship brand, Bellawood. Lumber Liquidators was founded in 1994, by now Chairman Tom Sullivan, and its is headquarters is in Toano, Virginia.
Chicago-based Strategic Hotels & Resorts (BEE) is a luxury hotel real estate investment trust (REIT). Strategic Hotels & Resorts has an ownership interest in 18 hotels and resorts which focus on the upper-upscale and luxury lodging market.