Kohl’s (KSS) slashes profit forecast on inflation worries; stock up 4%
Highlights: Kohl’s Corporation (NYSE: KSS) posted net sales of US$5.47 billion in the first quarter of 2022. KSS’s revenue of US$3.71 billion is down from the previous year’s US$3.88 billion. The retailer cuts its full-year p...
- May 19, 2022 01:01 PM PDT
- Team Kalkine Media
5 penny stocks to watch in June: PVL, SNRG, GOFF. CHKR & FDOC
Highlights Permianville Royalty Trust (NYSE: PVL) stock has a P/E ratio of 38.84 and a dividend yield of 7.17%. Susglobal Energy Corp (OTC: SNRG) company has a free float of 82.61 million and outstanding shares of 101.25 million. Goff Corp&rsq...
- May 19, 2022 12:34 PM PDT
- Versha Jain
How soon will FAANG stocks see a bull run?
Highlights: FAANG stocks plummeted close to 37% in 2022, the year of the tech rout. The S&P 500 tumbled 16% YTD in 2022. FAANG stocks’ combined market valuation is US$7 trillion. It has been a roller coaster ride for investors a...
- May 19, 2022 10:22 AM PDT
- Team Kalkine Media
Will Russia’s decision to legalize cryptos reenergize the market?
Highlights Russia plans to legalize cryptocurrencies for making payments. The Russian Central Bank would soon formulate a crypto rule. The sanctions may have pushed Russia to rethink its earlier opposing stance. Russian ...
- May 19, 2022 10:07 AM PDT
- Versha Jain