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Services Sector Update: Ascena Retail Group Inc (ASNA), J C Penney Company (JCP), Chico’s FAS, (CHS), Louisiana-Pacific (LPX), Big Lots, Inc. (BIG)

Wall Street was hit by a combination of unrelated events Wednesday resulting in a selloff in the main indexes. Stocks were already down more than 1% amid fears surrounding a precipitous selloff in Chinese shares and lingering nervousness over Greece then a trading halt hit. At 11:32 a.m. Eastern, the…

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4 High-Profit Margin Stocks: Ubiquiti Networks Inc (UBNT), New York Community Bancorp, (NYCB), Corning Incorporated (GLW), FleetCor Technologies, (FLT)

Financial managers and analysts can discern how profitable a company is based on profitability ratios. A company is profitable when its expenses and other costs associated with producing products or offering services for customers is lower than its related earnings and income. A company may not generate profit but be…

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Sector Update Consumer: Rocket Fuel Inc (NASDAQ:FUEL), GoPro (GPRO), Quiksilver, Inc. (ZQK), Travelport Worldwide (TVPT), Domtar (UFS)

Consumer stocks were finishing narrowly lower, trimming earlier declines, with shares of consumer staples companies in the S&P 500 slipping about 0.2%. Shares of consumer discretionary firms in the S&P 500 were declining 0.4%. In company news, Rocket Fuel Inc (NASDAQ:FUEL) a most important programmatic marketing platform supplier that uses…

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European Stocks Surge: Nokia Corporation ,(NYSE:NOK), Alcatel Lucent SA ,(NYSE:ALU), Weatherford International ,(NYSE:WFT), BP ,(NYSE:BP)

European stocks surged Wednesday on renewed optimism about a possible deal between Greece and its creditors. ‘The markets don’t like uncertainty and some of that uncertainty is now starting to lift.’ —Philip Lawlor, a partner at London-based Smith & Williamson Investment The latest climb extends a roller-coaster ride for European…