Check out the companies making headlines in after-hours trading. Ulta Beauty — Ulta shares dropped 8% after the beauty products retailer reported weak earnings results . For its fourth quarter, Ulta posted earnings of $8.01 per share, falling short of the $8.03 per share that analysts polled by LSEG were expecting. The retailer’s revenue of…
Wall Street is in denial about the market’s strength, Jim Cramer said, arguing that investors are dismissing falling oil prices and what he calls the “presidential put.” “When in doubt in this market, check the direction of oil. Ignore those who scoff at every word out of the president’s mouth,” said Cramer Wednesday on “Mad…
With No. 1 Texas set to face No. 3 Ohio State in the biggest game of the year — and with the showdown airing on FOX — we asked Joel Klatt to do something special: build his all-time Texas Longhorns football team. From legends like Tommy Nobis and Vince Young to modern stars, Klatt had…
Investors have become “too optimistic” and are increasingly ignoring downside risks across equity and credit markets, according to a Bank of America analyst, who highlighted two key defensive trades being handed “on a platter.” Speaking to CNBC’s “Squawk Box Europe” on Wednesday, Sebastian Raedler, head of European equity strategy at the bank, said European quality…
