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$JCP 3Q15 inventory is up 9.3% YoverY of which 40% increase is in basic merchandize, which has no seasonality and half of the remaining increase, which is 30% of the total, is investment in dotcom inventory. The remainder of the increase is in growth businesses such as athletic apparel, footwear & handbags & key value items across the entire store.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.
$KMI will report its 4Q results today. Any idea what to expect?
Music enthusiasts get a late Christmas present from $AAPL! GarageBand and Logic Pro X both will get updates and it is big! While it won’t have a huge impact on the stock price, Apple is up a little nevertheless.
$UNH finishes 2016 Strong. Having high hopes for UnitedHealth in 2017.
Denial is the first step to acceptance and $JPM was no exception. Racial discrimination against over 50,000 mortgage borrowers and caught red-handed, but still denying it. But at least the bank said it will pay $55 million as settlement for this issue.