The retailers reported about as expected this morning. The good stores beat and guided to a decent Q4. Target mentioned consumer sentiment a few times, guided revenue lower, and announced a huge capex expansion for next year, suggesting estimates will...

 

 

In an unexpected development, Doug McMillon announced he will step down as CEO of Walmart at the end of...

 

 

Asked about his Hollywood success, screenwriter William Goldman famously said, “Nobody knows anything.”

This year, Wall Street forecasters face unique challenges: economic data has been unavailable for six weeks, consumer...