Markets

Ulta Salon, Cosmetics & Fragrance Gains After Raising Q3, Full-Year and Long-Term Sales Guidance

Ulta Salon, Cosmetics & Fragrance (ULTA) stock rose more than 7% after the beauty products company said it expects Q3 comparable sales and earnings to be higher than its previous guidance, raised its full-year forecast and expectations for long-term revenue growth. For Q3, the company said it expects sales toRead More

Stock Indexes Decline as Lowest Average Claims in 43 Years Gives Fed Rate-Hike Ammunition

Stock indexes declined after the average number of Americans filing jobless claims fell to the lowest level in almost 43 years, giving the Federal Reserve more ammunition to raise interest rates before the end of the year. The rolling four-week average of jobless claims dropped to 249,250, the lowest sinceRead More

Vera Bradley Taking Action to Address Potential Data Breach Involving Payment Cards at Stores

Vera Bradley (VRA) said it is investigating a potential security breach involving customer data at its retail stores over the summer. The company said it was informed of a potential issue by law enforcement on Sept. 15. and hired a computer security firm to assess the size and scope ofRead More

Oil Prices Advance Pre-Bell; WTI Trades Above $50 Per Barrel

West Texas Intermediate (WTI) crude oil futures for delivery in November were 1.3% higher at $50.45 per barrel during Monday’s pre-market trading session while Brent crude futures for delivery in December were 1.3% higher at $52.62 per barrel. The pre-bell price gains come despite a slight rise in the valueRead More

Netflix Up More Than 3%

Netflix (NFLX) is up more than 3% after the company signed a deal with iPic Entertainment, a luxury-theater chain with 15 U.S. locations, to screen 10 movies simultaneously with their release online. Under the deal, the 10 Netflix films will screen at iPic theaters in L.A. and New York City,Read More

Red Robin Gourmet Burgers Closes Fast-Casual Prototypes as Part of “Strategic Reevaluation”

Red Robin Gourmet Burgers (RRGB) said Wednesday it closed nine of its Red Robin Burger Works fast-casual prototype stores on Sept. 30 and will rebrand the remaining three as “part of a strategic reevaluation of the company’s alternative fast casual platform.” The stores were first introduced in 2011 and meantRead More