Business


Trump eyes Supreme Court after appeals court rejects travel ban

US President Donald Trump today criticised a federal appeals court one day after it handed him another legal setback by refusing to revive his US travel ban on people from six Muslim-majority nations, and appeared poised for the nation's top court to weigh in.


Ascena could close 250 to 650 stores in next few years

Ascena could close 250 to 650 stores in next few years

While it's not clear how many stores of each brand will close, CNN Money reports that Chief executive David Jaffe told investors last week that 250 stores will be closed because of a consistent decline in traffic. this week filed for Chapter 11 bankruptcy protection. Other chains have closed stores because they've entered bankruptcy proceedings, such as Payless ShoeSource Inc.



JetBlue Airways May traffic up 3.8%

The stock grew about 52.88% in the past 5 years, this positive value indicates that the stock constantly performed well in previous years as well. Donald Smith & holds 3.65% or 6.06 million shares in its portfolio. State Street owns 8.07M shares for 0.02% of their portfolio. The company was maintained on Monday, January 30 by Imperial Capital. The rating was downgraded by JP Morgan to "Overweight" on Tuesday, January 12.



Stock Churning Higher Mid-Day Ascena Retail Group, Inc. (NASDAQ:ASNA)

Ascena Retail Group Inc. closed its last trading session at $2.2 with the gain of 8.64%. The lowest EPS estimate is $0.08 and the highest is $0.15. ( ASNA ) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Ascena Retail Group Inc.


Tech falls on Wall St: Aus shares to open lower

Tech falls on Wall St: Aus shares to open lower

Investors are also looking for more details on the central bank's plans to trim its $4.5 trillion balance sheet. However, technology stocks staged a recovery on Tuesday. Shares of Bank of America BAC.N , Wells Fargo WFC.N and JPMorgan JPM.N were up about 1 percent. Restaurant chain operator Cheesecake Factory CAKE.O was down 8.8 percent at $53.30 after it warned of a decline in comparable store sales in the current quarter.