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2018-08-21 11:59:18 TJX TJX $105.92 / +4.24 (+4.17%) , KSS Kohl's $78.20 / -0.66 (-0.84%) … 11:59 08/21/18 08/21 11:59 08/21/18 11:59	Fly Intel: Wall Street's top stories at midday Stocks opened higher and remained in positive territory throughout the morning. The averages drifted and extended their gains while moving closer to new all-time highs. The S&P is just slightly below its all-time highs reached back in January and the Dow is less than 1% from its own record. ECONOMIC EVENTS: In the U.S., no economic data of note was reported. COMPANY NEWS: Shares of two retailers are moving in opposite directions following their quarterly reports, as TJX (TJX) rises and Kohl's (KSS) slips. The parent of TJ Maxx and Marshalls reported a better than expected same-store sales increase of 6% and raised its full-year profit outlook. Kohl's also increased its full-year earnings view, but by an amount that was smaller than its second quarter earnings beat, which left some question about its assumptions for the second half of the year... Medical device maker Medtronic (MDT) is up 4% near noon after its quarterly results beat estimates and the company increased its organic revenue growth guidance for the fiscal year... Shares of several discount brokerage operators - including E-Trade (ETFC), TD Ameritrade (AMTD) and Charles Schwab (SCHW) - are lower this morning after CNBC reported that JPMorgan (JPM) plans to launch a new app next week that provides a portfolio building tool and at least 100 free trades in the first year. MAJOR MOVERS: Among the noteworthy gainers was Tilray (TLRY), which rose 10% after it signed an agreement to supply the province of Ontario with cannabis products in anticipation of the launch of the adult-use market. Also higher were Premier (PINC) and Toll Brothers (TOL), which gained a respective 14% and 12% after reporting quarterly results. Among the notable losers was HP Enterprise (HPE), which slipped 4% after Bernstein analyst A.M. Sacconaghi, Jr. downgraded the stock to Market Perform from Outperform and lowered his price target on the shares to $18 from $20. Despite a robust IT spending environment, the analyst does not see upside to near-term expectations. Also lower were Coty (COTY) and J. Jill (JILL), which fell a respective 9% and 7% after reporting quarterly results. INDEXES: Near midday, the Dow was up 86.73, or 0.34%, to 25,845.42, the Nasdaq was up 56.60, or 0.72%, to 7,877.60, and the S&P 500 was up 11.24, or 0.39%, to 2,868.29. TJX TJX $105.92 / +4.24 (+4.17%) KSS Kohl's $78.20 / -0.66 (-0.84%) MDT Medtronic $93.85 / +3.79 (+4.21%) ETFC E-Trade $59.43 / -1.81 (-2.96%) AMTD AMTD IDEA Group $56.70 / -3.46 (-5.75%) SCHW Charles Schwab $50.40 / -1.03 (-2.00%) JPM JPMorgan $115.95 / +1.33 (+1.16%) TLRY Tilray $39.81 / +3.9 (+10.86%) PINC Premier $43.68 / +5.33 (+13.90%) TOL Toll Brothers $38.80 / +4.08 (+11.75%) HPE HP Enterprise $15.99 / -0.72 (-4.31%) COTY Coty $11.13 / -1.285 (-10.35%) JILL J.Jill $7.01 / -0.61 (-8.01%)	21 Aug 21 Aug 21 Aug 21 Aug 21 Aug 21 Aug 21 Aug 23 Aug 28 Aug 28 Aug 05 Sep 12 Sep 12 Sep 14 Sep 12 Oct 26 Feb

2018-08-21 11:59:18

TJX

$105.92 / +4.24 (+4.17%)

, KSS

Kohl's

$78.20 / -0.66 (-0.84%)

… 11:59

08/21/18

08/21

11:59

08/21/18

11:59

Fly Intel: Wall Street's top stories at midday

Stocks opened higher and remained in positive territory throughout the morning. The averages drifted and extended their gains while moving closer to new all-time highs. The S&P is just slightly below its all-time highs reached back in January and the Dow is less than 1% from its own record. ECONOMIC EVENTS: In the U.S., no economic data of note was reported. COMPANY NEWS: Shares of two retailers are moving in opposite directions following their quarterly reports, as TJX (TJX) rises and Kohl's (KSS) slips. The parent of TJ Maxx and Marshalls reported a better than expected same-store sales increase of 6% and raised its full-year profit outlook. Kohl's also increased its full-year earnings view, but by an amount that was smaller than its second quarter earnings beat, which left some question about its assumptions for the second half of the year... Medical device maker Medtronic (MDT) is up 4% near noon after its quarterly results beat estimates and the company increased its organic revenue growth guidance for the fiscal year... Shares of several discount brokerage operators - including E-Trade (ETFC), TD Ameritrade (AMTD) and Charles Schwab (SCHW) - are lower this morning after CNBC reported that JPMorgan (JPM) plans to launch a new app next week that provides a portfolio building tool and at least 100 free trades in the first year. MAJOR MOVERS: Among the noteworthy gainers was Tilray (TLRY), which rose 10% after it signed an agreement to supply the province of Ontario with cannabis products in anticipation of the launch of the adult-use market. Also higher were Premier (PINC) and Toll Brothers (TOL), which gained a respective 14% and 12% after reporting quarterly results. Among the notable losers was HP Enterprise (HPE), which slipped 4% after Bernstein analyst A.M. Sacconaghi, Jr. downgraded the stock to Market Perform from Outperform and lowered his price target on the shares to $18 from $20. Despite a robust IT spending environment, the analyst does not see upside to near-term expectations. Also lower were Coty (COTY) and J. Jill (JILL), which fell a respective 9% and 7% after reporting quarterly results. INDEXES: Near midday, the Dow was up 86.73, or 0.34%, to 25,845.42, the Nasdaq was up 56.60, or 0.72%, to 7,877.60, and the S&P 500 was up 11.24, or 0.39%, to 2,868.29.

TJX