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This morning. Yield curve continues to flatten and of course the fed minutes are on the way 2 00 p. M. Eastern time. Road map begins with target shares plunging after the Company Issues guidance. Call will begin in just over an hour. Goldman sachs downgrading equities saying theres no particular reason to own them. And fed minutes are coming out later today as the dollar hits a sevenweek high. Four years ago today facebook went public at the nasdaq. Shares priced at 38, now closer to 120 on a day where Mark Zuckerberg is set to meet with some u. S. Conservatives. First up, mixed picture on retail, target beats on quarterly profit but revenues and comps miss, Current Quarter guidance, lows better than expected results, comps up 3 surpassing home depot for the First Time Since 2010. And staples beats on the top and bottom line. Hard to remember a time where lowes its routinely the bridesmaid here, not this time, jim. Used to be for about four or five years during a period before frank bl
New-yorkUnited-statesJapanShanghaiChinaTexasAlaskaWashingtonBeijingBostonMassachusettsLondonIncrease production to meet demand. Roadmap begins with shares of gap falling hard after the retailer reported slumping sales, stocks down more than 40 over the past year. Could it be time to buy . Allergan is on the move this after the companys Earnings Report and announcement of a 10 billion Share Buyback program. What is behind this big move . Well discuss. And valeants new ceo joe papa joined jim on mad money last night. Well see what he had to say about generating cash and buffetts right hand man charlie munger. Gap poised to open at fouryear lows on the companys fifth Quarterly Sales decline. Comps down 5 . The retailer also issuing some disappointing Profit Guidance for q1 saying its looking to streamline some operations and evaluate banana and old navy primarily outside of north america. Old navy down 10, gap down 4, banana down 7. We were looking for increases in some of these comps. Yeah, this is just one of those cases where this is part of this overall we have way too many
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