Stores, suppliers fight over price hikes as inflation squeezes shoppers

A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022. Lucy Nicholson | Reuters Long before shoppers fill up their carts with hot dogs or detergent, supermarkets and suppliers negotiate — and sometimes clash — over how much the products should cost. Those delicate discussions spilled … Read more

JPMorgan Chase, Goldman Sachs, Conagra Brands and more

Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares of JPMorgan Chase fell nearly 4% and hit a 52-week low after the bank reported … Read more

JPMorgan, Taiwan Semiconductor, Ericsson and more

Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase was down 2.9% in premarket trading after falling 12 cents shy of estimates with a quarterly profit of $ 2.76 per share. It also announced it was temporarily suspending share buybacks. CEO Jamie Dimon said inflation, waning consumer confidence and … Read more

Another hot inflation report Q2 earnings make for difficult week ahead

Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Consumer inflation data and the start of the second quarter earnings season could be two catalysts that make for a bumpy ride in markets in the week ahead. PepsiCo’s earnings are the first major report of the week Tuesday, and Delta Air Lines … Read more

Goldman Sachs says buy these high dividend growth and yield names to fight inflation

Companies looking to return cash to shareholders this year through dividends and share buybacks could be good opportunities for investors, Goldman says.

Where will Americans spend their next dollar? CEOs are getting worried

At what point do consumers say enough is enough when it comes to paying more for goods and services? The question is top of mind for C-suite executives, regardless of industry, as inflation surges to levels not seen in decades. And as earnings season begins, so are the concerns about balancing the rising costs and … Read more

Conagra, Levi Strauss, Rite Aid and others

Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal year ending in May. Conagra’s results are being hit by higher transportation and raw materials costs. Levi Strauss (LEVI) – Levi Strauss beat estimates by 4 … Read more

Markets will be looking for clues from the Fed ahead, as historically strong month gets underway

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 29, 2022. Brendan Mcdermid | Reuters The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher … Read more

Strategists say investors should proceed carefully, but there are stocks to buy in turbulent market

Stocks are getting whipsawed, but some strategists say there are still places to put money to work in this market.