Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations. Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its…
Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear: Value players are winning both the wealthy and the cash-strapped. Walmart and TJX, T.J. Maxx’s parent company, stood apart from the pack this week by…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday ‘s key moments. 1. Stocks moved higher Monday, with all three indexes again touching fresh record intra-day highs due to easing trade tensions between the United States and China. But for Jim…
