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Shoe Carnival shares soar after profit and sales beat expectations

“Shoe Carnival shares have rallied 38.7% for the year to date while the S&P 500 index SPX, +0.11% is up 2.1% for the period” writes Tonya Garcia for marketwatch.com. Wedbush rates Shoe Carnival shares outperform with a $47 price target, up from $45.SCVL, +3.95% shares soared 14.1% in Friday premarket trading after the retailer reported third-quarter profit and sales that beat expectations in after-hours. Source: marketwatch.com Share This:

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A study suggests that women are becoming more attracted to men who put family before their careers

“In a world where more and more women pursue careers, it looks like the “family man” is becoming an increasingly desirable option among women” writes Business Insider Deutschland for businessinsider.com. In a world where women are becoming more focused on their careers, family focus is becoming an increasingly sought-after trait in a male partner. Source: businessinsider.com Share This:

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Canopy Growth’s stock falls after losses widen, revenue misses expectations

“CGC, -1.79% tumbled 7.5% in premarket trade Wednesday, after the Canada-based cannabis company reported a wider fiscal second-quarter loss and revenue that rose less than expected” writes Reporter Editor for marketwatch.com. Sales of oils represented 34% of product revenue, compared with 18% a year ago. Source: marketwatch.com Share This:

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Walmart earnings: Expectations for e-commerce growth are sky-high

“Walmart beat FactSet earnings expectations for 11 of the last 12 quarters” writes Tonya Garcia for marketwatch.com. Walmart U.S. e-commerce growth was 40% in the second quarter, and UBS analysts think the market will be looking for 40%-plus in the third quarter.Cowen rates Walmart WMT, -1.13% shares as outperform with a $115 price target, equal to 11% above its current trading level. Walmart overlap in the third quarter was 82.7%, according to analysts, down from 84.9% in the fourth quarter of 2017.Cowen analysts, writing after last month’s investment community meeting,…

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If the German economy squeezes, EUR/USD will squeeze, regardless of expectations

“There is also a contagion effect: if the German economy squeezes, other countries could suffer” writes Yohay’s Google Profile for forexcrunch.com. Also, if the German economy squeezes, it is bad newsregardless of expectations.Therefore, a positive growth rate will be needed to support the common currency amid the Italian crisis and the dollar’s strength.The German economy probably shrank in Q3. Source: forexcrunch.com Share This:

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Consumer sentiment tops expectations in November, stays on pace for best year since 2000

“The University of Michigan’s consumer sentiment index hit 98.3” writes Fred Imbert for cnbc.com. A preliminary reading on consumer sentiment for November released on Friday came in slightly above expectations.”The stability of consumer sentiment at high levels acts to mask some important underlying shifts.The latest look at consumer sentiment comes shortly after the U.S. midterm elections. Source: cnbc.com Share This:

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Dropbox reports Q3 revenue of $360.3M, up 26% YoY and beating expectations, says it had 12.3M paid users, up from 10.4M a year ago; stock up 8%+ after hours

“In addition, the company announced a feature to help business users manage their workflows and another to help with project management” writes Finanzen Net Gmbh for businessinsider.com. One other worry: the company stopped disclosing its growth in business users after the first quarter, he said. Source: businessinsider.com Share This:

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$9.95 billion Dropbox beats Wall Street expectations, but analysts still aren’t sure if it can crack the enterprise space

“In addition, the company announced a feature to help business users manage their workflows and another to help with project management” writes Rosalie Chan for businessinsider.com. One other worry: the company stopped disclosing its growth in business users after the first quarter, he said. Source: businessinsider.com Share This:

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Dropbox earnings handily beat expectations, stock gains in late trading

“After the company issued its fourth-quarter and full-year guidance on the earnings call the stock was trading up roughly 8%” writes Tech Reporter for marketwatch.com. On the earnings conference call, Dropbox said it expects fourth-quarter sales of $367 million to $370 million.Revenue growth decelerated to 26% from the 27% Dropbox reported after the June quarter this year. Source: marketwatch.com Share This:

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Shoemaker Crocs rockets 27% as demand for clogs drives surprise profit

“Shares of shoemaker Crocs rallied 27 percent Thursday after CEO Andrew Rees said strong clog sales helped the company post a surprise profit in the third quarter” writes unknown author for cnbc.com. Crocs posted earnings per share of 7 cents against expectations of a loss per share of 2 cents, according to analysts polled by Refinitiv.Clog revenue, which represents about half of the company’s total, grew by 12.7 percent, exceeding the expectations of company executives and Wall Street analysts.This growing demand, which exceeded our expectations, gives us confidence going into…

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