Turning Point Therapeutics, Lululemon, HR and others

Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments. lululemon (LULU) – Lululemon shares rose … Read more

Macy’s (M) reports Q1 2022 earnings beat, raises forecast

A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Macy’s on Thursday reported fiscal first-quarter profits and sales ahead of analysts’ expectations, as shoppers returned to malls to shop for new outfits, luggage and luxury goods in spite of decades-high inflation that has … Read more

Abercrombie & Fitch (ANF) reports Q1 2022 loss

A person carries a bag from the Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017. andrew kelly | Reuters Abercrombie & Fitch shares fell more than 25% in premarket trading Tuesday after the retailer reported an unexpected loss in its fiscal first quarter, with freight and product costs weighing … Read more

Retail giants report earnings, stay away from ‘toxic’ stocks

CNBC’s Jim Cramer said Friday that he’s breathing a sigh of relief as beaten-down stocks ‘have already taken enough hits,’ allowing investors to trade in a safer environment next week – though they still need to tread carefully. “When we’ve been beaten down to these levels, we reach a point where stocks that would normally … Read more

Walmart unveils activewear line with Michelle Smith, Stacey Griffith

Fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith are debuting their activewear line, Love & Sports, at Walmart. The line is designed to be fashion-forward, with vibrant colors and unique fabrics. walmart Over the past two years, fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith have touched dozens of fabrics, spitballed brand names … Read more