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Why Is Everyone Talking About Costco Stock?
Costco (NASDAQ: COST) operates on extremely narrow profit margins, yet it generates one of the highest inventory turnover ratios in its industry.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used ...The Motley Fool
Wed, Jun 4
Economic Indicator
Global PMIs: Front-loaded factory output unwinds – Standard Chartered
Manufacturing PMIs deteriorated at a faster rate in May versus April amid fading boost from front-loading. Coincident indicators were downbeat, but the US-China tariff truce helped to improve outlook.Fxstreet
Wed, Jun 4
Stocks
Dollar Tree down after forecasting sharp drop in second-quarter earnings
** Shares of discount retailer Dollar Tree DLTR.O down as much as 10.2% at $86.89 in early trading** Co estimates Q2 adjusted earnings per share from continuing operations that excludes its Family Dollar business to be down as much as 45% to 50% on cost pressures, including higher tariffs, compared ...Reuters
Wed, Jun 4
Other
Pakistan 'ready but not desperate' for talks with India, says foreign minister
By Asif Shahzad ISLAMABAD, June 4 (Reuters) - Pakistan is "ready but not desperate" for talks with arch-rival India, its foreign minister said on Wednesday, underlining the lack of a thaw in relations between the nuclear-armed neighbours following their worst military conflict in decades....Reuters
Wed, Jun 4
Stocks
Dollar Tree forecasts weak second-quarter profit on tariff uncertainty
June 4 (Reuters) - Discount store operator Dollar Tree DLTR.O forecast its second-quarter adjusted profit to be down as much as 50% from a year ago, accounting for cost pressures due to tariffs and the pending Family Dollar sale. The Donald Trump administration's rollercoaster tariff sw...Reuters
Wed, Jun 4
Other
Deals of the day-Mergers and acquisitions
June 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Investors gave a thumbs-down to Toyota Motor's $33 billion take-private offer for Toyota Industries , highlighting concerns minority shareholders...Reuters
Wed, Jun 4
Commodities
Brazil aims to ease chicken trade bans in coming weeks, minister says
BRASILIA, June 4 (Reuters) - Brazil hopes to significantly ease trade restrictions on its chicken exports later this month, after a four-week observation period following a bird flu outbreak on a commercial farm in mid-May, Agriculture Minister Carlos Favaro said Wednesday. Some 21 countries have im...Reuters
Wed, Jun 4
Commodities
Australia and EU determined to seal trade deal, Australian minister says as talks revive
By Kirsty Needham SYDNEY, June 4 (Reuters) - Australia and the European Union have revived talks for a sweeping free trade agreement, after Australia's trade minister Don Farrell met with the European Commissioner for Trade Maroš Šefčovič in Paris on Wednesday.The meeting on the sidelines of ...Reuters
Wed, Jun 4
Stocks
US STOCKS SNAPSHOT-Wall Street opens slightly higher after private payrolls data
June 4 (Reuters) - U.S. stocks inched up in choppy trading on Wednesday after weaker-than-expected private payrolls data deepened concerns about the Trump administration's erratic trade policies pressuring the labor market.The Dow Jones Industrial Average .DJI rose 54.5 points, or 0.13%, at the ...Reuters
Wed, Jun 4
Stocks
CANADA STOCKS-TSX opens flat ahead of BoC's rate decision and US tariff deadline
June 4 (Reuters) - Canada's main stock index opened muted on Wednesday, as investors awaited possible tariff negotiations between the U.S. and its trading partners, as well as the Bank of Canada's interest rate decision.At 9:32 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX...Reuters
Wed, Jun 4
Stocks
Dollar Tree Inc reports results for the quarter ended April 30 - Earnings Summary
Dollar Tree Inc DLTR.OQ reported quarterly adjusted earnings of $1.26 per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $1.43. The mean expectation of twenty three analysts for the quarter was for earnings of $1.20 per share. Wall St...Reuters
Wed, Jun 4
Stocks
Sprinklr Inc reports results for the quarter ended April 30 - Earnings Summary
Sprinklr Inc CXM.N reported quarterly adjusted earnings of 12 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 10 cents per share. Wall St...Reuters
Wed, Jun 4
Other
Britain aiming to increase tenfold drone deliveries to Ukraine, Healey says
BRUSSELS, June 4 (Reuters) - British defence secretary John Healey on Wednesday said Britain would increase tenfold the number of drones it would deliver to Ukraine, aiming for 100,000 drones.Speaking ahead of a meeting by NATO defence ministers, Healey added that Russia could sustain its current ra...Reuters
Wed, Jun 4
Stocks
Thor Industries Inc reports results for the quarter ended April 30 - Earnings Summary
Thor Industries Inc THO.N reported quarterly adjusted earnings of $2.53 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $2.13. The mean expectation of fifteen analysts for the quarter was for earnings of $1.78 per share. Wall Stre...Reuters
Wed, Jun 4
Stocks
REV Group Inc reports results for the quarter ended April 30 - Earnings Summary
REV Group Inc REVG.N reported quarterly adjusted earnings of 70 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of four analysts for the quarter was for earnings of 57 cents per share. Wall Str...Reuters
Wed, Jun 4
Stocks
Why Iron Mountain Stock Rallied 10% in May
Shares of Iron Mountain (NYSE: IRM) jumped 10.1% in May, according to data provided by S&P Global Market Intelligence. A big catalyst was the real estate investment trust's (REIT) strong first-quarter results. Capitalizing on the growing demand for data storageIron Mountain got off to a "strong star...The Motley Fool
Wed, Jun 4
Other
Trump calls China's Xi tough, 'hard to make a deal with'
June 4 (Reuters) - U.S. President Donald Trump called China's Xi Jinping tough and "extremely hard to make a deal with" on Wednesday, exposing frictions after the White House raised expectations for a long-awaited phone call between the two leaders this week. "I like Presi...Reuters
Wed, Jun 4
Commodities
China increases scrutiny over rare earth magnets with new tracking system
BEIJING, June 4 (Reuters) - China has introduced a tracking system for its rare earth magnet sector, three sources said, as its export restrictions on them begin to cut off customers around the world.The national tracking system, which went into effect last week, requires producers to submit extra i...Reuters
Wed, Jun 4
