Tuesday Morning Corp. stock price

Tuesday Morning Corp. latest news:


  • 02/20/2018 09:26:09

    Domino's Pizza same-store sales miss estimates, sending shares lower

    Domino's Pizza Inc(DPZ) on Tuesday reported fourth-quarter same-store sales that missed estimates, fueling worries that the delivery chain's sales could be weakening and sending shares lower in morning trading.

  • 02/20/2018 09:25:50

    UPDATE 2-Domino's Pizza same-store sales miss estimates, sending shares lower

    Feb 20 (Reuters) - Domino's Pizza Inc on Tuesday reported fourth-quarter same-store sales that missed estimates, fueling worries that the delivery chain's sales could be weakening and sending shares lower in morning trading.

  • 02/20/2018 09:17:45

    Walmart's stock is on track for its worst point drop in its history as a publicly traded entity

    Shares of Walmart Inc. late-Tuesday morning were getting walloped, with the retailing giant on pace to log its worst dollar decline of all time and its worst percentage drop since October of 2015, according to FactSet data. The world's largest retailer was under heavy selling pressure after it said online sales growth slowed during the fourth quarter. That marks a turn from three quarters of strong online growth, for the Bentonville, Ark.-based company as it attempts to wage war against rival and retailing behemoth Amazon.com Inc. . Walmart has been a publicly traded company since the early 1970s. On the upside, Walmart reported that sales in existing stores rose 2.6% in the fourth quarter, representing its 14th consecutive quarter of growth. Walmart's decline was weighing on the broader market, yanking the Dow Jones Industrial Average , where it is a component, down by about 70 points, while the S&P 500 index's consumer-staples sector, as measured by the Consumer Staples Select Sector SPDR ETF , was also getting whacked, with declines there weighing on the broad-market S&P 500. Nearly all the components of the XLP, referring to its ticker, were trading in negative territory. Most recently, the Dow was off 130 points, or 0.5%, the S&P 500 index was down 0.2% at 2,726, while the technology-laden Nasdaq Composite Index was up 0.3% at 7,264, bucking the overall Walmart-driven slide for U.S. equities. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/19/2018 21:19:12

    Nikkei drops on profit-taking

    Japan's Nikkei share average dropped on Tuesday morning as investors wasted no time to lock in profits from the previous day's rally.

  • 02/06/2018 20:34:51

    Asian shares mirror Dow comeback, dollar steady

    U.S. stocks are reversing course Tuesday morning after sharp losses in the first few minutes of trading, raising hopes of a halt to a global sell-off in the stock market.

  • 02/06/2018 18:00:55

    Asian stock indexes reflect Dow rally in early trading

    U.S. stocks are reversing course Tuesday morning after sharp losses in the first few minutes of trading, raising hopes of a halt to a global sell-off in the stock market.

  • 02/05/2018 17:17:19

    Japan's Nikkei share average falls to lowest level since late October

    TOKYO, Feb 6 (Reuters) - Japan's Nikkei share average dived on Tuesday morning to a level not seen since late October after Wall Street plunged overnight on concerns about rising bond yields and potentially rising inflation.

  • 01/30/2018 09:14:51

    GrubHub stock drops after Barclays cautions on valuation, competitive pressures

    Shares of GrubHub Inc. fell 3.8% in Tuesday morning trading after analysts at Barclays downgraded the stock to underweight from equal weight. The analysts, led by Deepak Mathivanan, like GrubHub's prospects in the long run but worry about the stock's high valuation relative to internet peers and the "incremental competitive risks" brought upon by Uber Technologies Inc.'s and Amazon.com Inc.'s efforts in food delivery. GrubHub shares have performed better than the S&P 500 Index over the past three months, Mathivanan wrote. The stock now trades at 21 times estimates for 2019 earnings before interest, taxes, depreciation and amortization, making it more expensive on that metric than several other internet stocks that Mathivanan tracks. He also thinks that competitor UberEats has been growing nicely over the last year or two. GrubHub shares are up 75% over the past 12 months, with the S&P 500 up 24% in that time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 09:07:03

    HelloFresh stock soars after preliminary revenue numbers beat estimates

    Shares of European meal-kit firm HelloFresh SE are up 4.9% in Tuesday trading after the company, which trades in Germany, announced preliminary revenue for its December quarter ahead of analysts' expectations. HelloFresh said it generated between €250 million and €253 million in revenue for the December period. The FactSet consensus estimate, which consists of figures from two analysts, called for €238 million. The company also said that it grew its active-customer base by 69%, to 1.45 million, during the quarter. HelloFresh went public just a few months after fellow meal-kit firm Blue Apron Holidings Inc. sputtered following its own IPO. With shares of HelloFresh up 22% from their November IPO price, European investors have been more receptive to the meal-kit listing than U.S. investors have been to Blue Apron's public debut. Whereas Blue Apron's revenue is projected to have contracted during the December quarter, HelloFresh grew revenue by about 58% during the latest period. Blue Apron's stock is down 70% from its June IPO price, including a 2.2% drop in Tuesday morning trading. The S&P 500 Index is up 18% since Blue Apron went public in June.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/23/2018 08:30:17

    AMD, Nvidia stocks rise after Morgan Stanley says Ethereum rally will help results

    Shares of Advanced Micro Devices Inc. and Nvidia Corp. are up 2.4% and 1.5%, respectively, in Tuesday morning trading after Morgan Stanley analyst Joseph Moore penned an upbeat note about their cryptocurrency mining businesses. He initially expected that mining revenue would "decelerate meaningfully" beginning in the fourth quarter, but he's more optimistic now given higher Ethereum prices. He increased his quarterly revenue estimates for both firms by $100 million, though he cautions that at AMD especially, the mining business could be masking weakness in other areas of the company. "Certainly a shortage in AMD graphics cards is limiting traction in the longer-lived gaming business," he wrote. Analysts at Susquehanna Financial Group also talked up the two firms' crypto businesses in a note last week. AMD shares are up 31% over the past 12 months, while Nvidia shares have gained 125%. The Philadelphia Semiconductor Index is up 50% in that time, compared with a 25% gain for the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 12:03:08

    Why Citigroup Won't Miss That $22 Billion

    Citigroup(C) Inc. on Tuesday posted one of its largest quarterly losses ever, dragged down by a $22 billion write-down related to the recently passed tax overhaul. This helped its shares to rise by around 1% in morning trading. No, this isn't "opposite day."

  • 01/16/2018 09:04:23

    Ciena stock rises after Goldman Sachs upgrades to buy

    Shares of telecom equipment supplier Ciena Corp. rose 3.2% in Tuesday morning trading following an upgrade to buy from analysts at Goldman Sachs. "We view Ciena as a key beneficiary of a more bullish outlook on US carrier capital expenditures, improving competitive environment, and a lower bar of expectations as investors adjust to an environment of decelerating optical market growth," wrote the analysts, led by Doug Clark. Ciena has heavy exposure to AT&T and Verizon, he wrote. Stein thinks that tax reform and 5G investments could also provide a boost to the stock. Ciena shares have lost 7.5% in the past 12 months, while the S&P 500 has gained 23%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 08:53:25

    Nvidia stock rises after analysts praise automotive opportunities

    Nvidia Corp. shares are up 2% in Tuesday morning trading after a pair of analysts expressed their optimism about the company. "Despite our view that 2018 will be a year of growing pains for semis, Nvidia's strength in AI today, and autonomous driving in the future, make it the king of this jungle in our view," wrote SunTrust Robinson Humphrey analyst William Stein. He's impressed with the company's recently announced partnerships with companies in the automotive space, including Volkswagen and Uber. "While autonomous driving technology was the hottest topic at the [CES] event, we also noticed that much of the discussion centered around co-pilot technology, including the Nvidia-powered Volkswagen ID Buzz," Stein wrote. He also likes the in-car infotainment system that Nvidia designed for Mercedes, as well as the company's discussion of its first Drive Xavier processors. Separately, analysts at Mizuho raised their price target on shares to $240 from $225, also citing automotive opportunities. Nvidia shares have gained 119% in the past 12 months, compared with a 23% rise for the S&P 500 Index and a 45% gain for the Philadelphia Semiconductor Index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 08:21:39

    Qualcomm stock rises after Instinet upgrades to buy

    Shares of Qualcomm Inc. rose 2.9% in Tuesday morning trading after analysts at Instinet upgraded the stock to buy from neutral. The analysts, led by Romit Shah, believe that Broadcom Ltd.'s attempt at a hostile takeover will light a fire under a management team they consider having been "unassertive" at times. "We expect the company to more aggressively focus on driving shareholder value in order to remain a standalone franchise," Shah wrote, including by closing the acquisition of NXP Semiconductors . He added that, while "not necessarily an immediate catalyst," Qualcomm might also consider settling its legal battle with Apple Inc. . "This would likely come as the strongest counter to Broadcom's attempt to buy the company," Shah wrote. Qualcomm also gave an overview of its 2017 financials in a filing released Tuesday. The company said it generated $23.2 billion in non-GAAP revenue for the year, above the FactSet consensus estimate of $22.8 billion. The company also sent a letter to shareholders asking them to reject Broadcom's takeover bid. Qualcomm shares have gained 4.6% so far this year, compared with a 4.9% rise for the S&P 500 Index and a 6.8% gain for the Philadelphia Semiconductor Index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 07:36:57

    Amazon stock rises after BMO raises price target to new Street high

    Shares of Amazon.com Inc. gained 1.8% in Tuesday morning trading after analysts at BMO Capital Markets raised their price target on shares to $1,600, the highest among analysts tracked by FactSet. The analysts, led by Daniel Salmon, are upbeat about Amazon's advertising opportunities and believe that the ad business represents an $18 billion total addressable market "in the midterm." He thinks Amazon could eventually generate 22% of its total gross merchandise value from direct response ads. Separately, analysts at Oppenheimer raised their price target to $1,450 and named Amazon their "top large-cap pick" for the year. "Amazon is best positioned among our large-cap universe to benefit from secular trends - shift to e-commerce, public cloud, automation and digital advertising - further supported by an improving global macroeconomic backdrop and domestic tax reform," wrote the analysts, led by Jason Helfstein. Amazon shares have gained 11.6% so far this year, compared with a 4.8% gain for the S&P 500 Index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/02/2018 09:40:43

    Could Iran protests spark rise in oil prices?

    Oil prices edged toward levels not seen since mid-2015 on Tuesday morning after Iran protests conjured speculation about geopolitical instability.        

  • 01/02/2018 09:04:44

    Oracle falls after report that Amazon, Salesforce are developing own databases

    Oracle Corp. shares declined Tuesday after a report that Amazon.com Inc. and Salesforce.com Inc. are looking to end their respective deals for Oracle database software. The Information reported that Amazon and Salesforce are both developing their own internal solutions that will allow them to stop using Oracle's ubiquitous database offering, according to anonymous sources. While Amazon and Salesforce are customers of Oracle, they are rivals as well, especially with Amazon moving more into enterprise software through its Amazon Web Services segment, and Oracle co-founder Larry Ellison has targeted both in barbed comments, with Amazon in special focus as of late. The Information reported that Salesforce's internal database was code-named "Sayonara," Japanese for goodbye, and that Amazon called one of its database products "RedShift" in reference to Oracle. Oracle stock was trading about 1% higher Tuesday morning before the report hit, but shares dropped to a daily loss of about 0.7% after the news hit.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/26/2017 09:22:42

    Stitch Fix stock jumps to new all-time high

    Shares of Stitch Fix Inc. jumped 10.3% in Tuesday morning trading, to reach a new all-time intraday high. Tuesday's rally more than makes up for share price losses incurred last week after the company reported its first quarterly earnings as a public company. The online clothing retailer went public in mid-November, and shares are up 82% from their IPO price of $15. The S&P 500 is up 4% since Stitch Fix's IPO. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/19/2017 13:08:09

    Carnival's Q4 Earnings Lift Cruise Stocks

    Shares of Carnival Corporation CCL jumped on Tuesday morning after the company reported better than expected fourth quarter 2017 earnings helping lift the rest of the cruise industry including Norwegian Cruise Line NCLH and Royal Caribbean RCL Carnival reported adjusted Q4 earnings of 0

  • 12/19/2017 08:11:32

    Square stock falls after Morgan Stanley cites 'balanced' risk/reward

    Shares of Square Inc. fell 0.8% in Tuesday morning trading after analysts at Morgan Stanley reiterated their equal-weight rating but raised their price target from $26 to $40. The analysts, led by James Faucette, model Square's revenue growing by 36% annually through 2020, above consensus figures. Faucette sees room for upside if Square has better-than-expected success moving upmarket, to larger sellers, but he notes that there are also a number of potential downsides. These include the possibility of volatility in the credit markets, which could hurt Square Capital, the company's lending business, as well as the potential for larger players to adopt more competitive pricing, which could limit further share gains for Square. "A narrowing gap between the base case and bull case limits further upside and keeps risk/reward balanced," he wrote. Shares have gained 175% so far this year, compared with a 20% rise for the S&P 500 Index . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/19/2017 05:36:28

    24-hour flash sale: JetBlue fares as low as $39 one way; routes limited

    JetBlue rolled out a 24-hour flash sale Tuesday morning that dropped round-trip fares below $150 on dozens of the carrier’s non-stop routes.        

  • 12/12/2017 09:48:40

    AMD, Nvidia stocks fall as analyst says AI will need different chips in 2018

    Shares of Advanced Micro Devices Inc. and Nvidia Corp. fell 1.7% and 1.3%, respectively, in Tuesday morning trading, after analysts at Susquehanna suggested that application-specific integrated circuits (ASICs) could become more important than graphics processing units (GPUs) for 2018. "Nvidia was in the right place at the right time," wrote the analysts, led by Christoper Rolland, as its GPUs made for gaming purposes proved useful for complex artificial-intelligence tasks as well. "However, our discussions with numerous thought leaders in the industry suggest ASICs may replace much of today's GPU infrastructure over time," he added. Plus, GPUs could become less useful for the mining of cryptocurrencies in 2018, according to Rolland. AMD shares have fallen 12% so far in 2017, compared with an 80% gain for Nvidia shares. The S&P 500 is up 19% this year, while the Philadelphia Semiconductor Index has gained 37%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/12/2017 09:05:31

    Imperva stock falls after JP Morgan downgrades to underweight

    Shares of security-software firms Imperva Inc. , Check Point Software Technologies Ltd. , and Fortinet Inc. fell 3.5%, 0.3%, and 0.1%, respectively, in Tuesday morning trading, after analysts at JP Morgan downgraded the stocks. The analysts, led by Sterling Auty, now rate Imperva at underweight and both Check Point and Fortinet at neutral. Auty points to "sales execution issues" for Check Point and Imperva; he thinks it's unlikely that Check Point will go back to "winning consistent market share" and worries about the web-application firewall aspect of Imperva's business. Fortinet, meanwhile, has seen "turnover in the sales and marketing ranks" that has been weighing on results, Auty wrote. He noted that market-research firm Gartner now predicts core security spending to grow at a 6% annual clip through 2021, below a previous forecast for 6.5% growth. Imperva shares have risen 4.7% so far in 2017, compared with 40% and 25% rises for Fortinet and Check Point respectively. The S&P 500 is up 19% this year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/12/2017 08:13:47

    Verizon stock jumps toward 11-month high after Instinet upgrade

    Verizon Inc. shares surged 1.9% in Tuesday morning trading, putting them on course to close at the highest level since January, after analysts at Instinet upgraded the stock to buy from neutral. "Better visibility into subscriber growth, rising average revenue per user, and cost control fuels our confidence earnings per share growth will resume in 2018," wrote the analysts, led by Jeffrey Kvaal. He believes the company, which announced a new streaming arrangement with the NFL on Monday, could launch an over-the-top streaming service by the end of the year and has some advantages over its peers in doing so. "Unlike AT&T it need not bundle to reduce churn or be overly mindful of its existing video base as its pay-TV base is minimal relative to rivals," he wrote. The firm raised its price target on Verizon shares to $61, from $47. Verizon's stock has fallen 1.3% so far in 2017, compared with a 19% gain for the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/05/2017 20:38:00

    Asian markets extend losses after dismal session on Wall St

    U.S. stock indexes held steady in Tuesday morning trading as some of the year's biggest winners picked themselves back up following recent stumbles.

  • 12/05/2017 10:16:05

    UPDATE: Revance stock surges and Allergan drops on positive results for wrinkle injection

    Revance Therapeutics Inc. shares surged nearly 38% in extremely heavy morning trade Tuesday after the company reported positive results for its wrinkle-relaxing injection in two late-stage clinical trials. If approved, the product, DaxibotulinumtoxinA for Injection (RT002), would be the first of its kind to last six months. Products currently on the market, including Allergan's market-leading Botox, last three to four months. Allergan shares dropped 3.2% in extremely heavy morning trade on Tuesday. In two trials, Revance's product showed highly statistically significant improvement relative to the placebo in reducing frown lines or wrinkles between eyebrows. The product is also being tested in a long-term safety trial, with results expected in the second half of next year; if the trial is successfully completed, Revance expects to file for approval in the first half of 2019 and, if it's approved, launch the product in the U.S. in 2020. Botox has been a wildly profitable product for Allergan, since patients largely pay out-of-pocket for it, and analysts have noted that new rivals could pose a long-term risk for the company. Revance's latest data are "better than their Ph 2 on several metrics," said EvercoreISI analyst Umer Raffat. But, with regard to being able to claim six months of effectiveness, Raffat said, "I think there's a case to be made for that, but that's not a layup." Raffat also noted that the product would likely be priced higher than Botox. In a statement to MarketWatch, Allergan called the Revance results "underwhelming." "Allergan does not expect Revance's toxin to enter the market until mid-2020, and we do not believe this data will support a longer duration claim," a company spokesperson said, adding that "based on the profile demonstrated in this data, Allergan does not view this toxin as being differentiated from Botox." Revance shares have surged 45.5% over the last three months to $35.80, compared with a 7.4% rise in the S&P 500 and a 11.7% rise in the Dow Jones Industrial Average .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/05/2017 09:38:07

    Bounceback for tech stocks helps push US indexes higher

    U.S. stock indexes held steady in Tuesday morning trading as some of the year's biggest winners picked themselves back up following recent stumbles.

  • 12/04/2017 19:32:14

    Nikkei falls hit by tech shares, offsets gains in financials

    TOKYO, Dec 5 (Reuters) - Japan's Nikkei share average dropped on Tuesday morning with semiconductor equipment manufacturers' stocks hit by weakness in U.S. tech shares overnight, undercutting gains in financial stocks as banks and brokers.

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