Semi-Automatic Guns 'Small' Part of Dick's (DKS) Business, Guidance Appears Intact
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Wal-mart (WMT) Sells Out of Rifles as Many Expect Revamped Gun Legislation
December 19, 2012 3:52 PM ESTWal-mart (NYSE: WMT) took the opposite action of Dick's Sporting Goods (NYSE: DKS) when it comes to selling sporting rifles: none.
Bloomberg notes today that the large retailer is out of semi-automatic rifles at many locations. In... More
Market Wrap: Boehner's 'Other' Plan; Massive Media Measurement Merger; Dick's Halts Rifle Sales
December 18, 2012 6:00 PM ESTMarket wrap-up for December 18th
End of the Day: S&P 500 up 16.4 to 1,446.79; Dow Jones up 115.6 to 13,350.96; Nasdaq up 43.9 to 3,054.53
The following is a brief summary of events moving markets today:
* House Speaker John Boehner proposed a "Plan B" for the fiscal cliff. The announcement, made before his GOP constituents, was made in the event both parties not be able to come to an agreement on... More
UPDATE: Is Selling Guns Toxic? Dick's (DKS) Stops Selling Rifles in All Stores
December 18, 2012 11:23 AM EST(Updated - December 18, 2012 11:30 AM EST)
Gun maker stocks have pushed lower yet following reports that Dick's Sporting Goods (NYSE: DKS) has suspended rifle sales in all of its stores following Friday's Sandy Hook school killings that left 28 dead, including 20 children.
Smith & Wesson... More