More Americans filed for unemployment benefits than in previous weeks last week. 399,000 filed for unemployment claims, up from 375,000 the previous week and the highest in six weeks. This increase usually happens every year as companies let go of thousands of workers following the holiday sales season. The Labor Department tries to take this [...]
Dick’s Sporting Goods Inc. (NYSE:DKS) is up 7.83% in pre market trading at $39.25. Investors are flocking to DKS after the company announced a share repurchase program worth $200 million. Dick’s also narrowed earnings guidance range and updated their same store outlook which according to the company have been affected by the mild winter. DKS [...]
US stock futures were following Europe’s lead higher this morning after Spain and Italy’s successful bond auctions. Traders were also waiting for a string of economic reports and are watching the ECB taking place this morning in Europe. Dow futures are currently up 50 points to 12,438. Nasdaq 100 futures are adding 15 points to [...]