Shares of Target (NYSE: TGT) rose 4.4% on Wednesday after the discount retail chain announced that CEO Brian Cornell would remain at its helm for the next three years. Cornell, 63, was approaching Target's retirement age of 65, but he doesn't want to retire just yet. Read More...
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J.P. Morgan Says Now Is the Time to Pull the Trigger on Energy Stocks; Here Are 2 Names to Consider
Sounding a note of musical irony, Van Morrison sang, “My Mama told me there’d be days like this.” And in an distinctly unironic note, top analysts may start saying the same thing. With rising inflation, rising interest rates, and a falling stock market, we’re in for more volatile days like this. Looking at the big picture from JPMorgan, Dubravko Lakos-Bujas, the firm’s global head of equity macro research, notes the energy crisis – the natural gas shortages in Europe, the high price of oil world
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