Latest News

Finish Line Sees Q4 EPS Above Street
Business News / Markets

Finish Line Sees Q4 EPS Above Street

Finish Line (FINL) surged in recent pre-market trade after it reported Monday preliminary results for the three months ended March 3 and said it has entered into a merger agreement with JD Sports Fashion. The company said non-GAAP EPS is expected to be between $0.58 and $0.59 up from its prior guidance of $0.50 to $0.58, which is just above […]

Short Run Impact of Budget Indicates 2.6% Year Over Growth in Federal Consumption
Markets / Stocks

Short Run Impact of Budget Indicates 2.6% Year Over Growth in Federal Consumption

Wells Fargo said the short run economic impact of the budget deal suggests 2.6% year over year growth in real federal consumption and investment for 2018 and 2.4% real government spending in 2019 but there is upside risk to that outlook. In total, the spending package would add 0.2% to headline GDP in 2018 under these assumptions and likely closer […]