6 trades on big day for chip makers Intel, Qualcomm and Broadcom all saw big gains on Wednesday, and "Fast Money" traders discussed which names have more room to run.
| By: Jacob Pramuk
UPDATE 1-Brazil's Senate passes savings bill key for Rousseff BRASILIA, May 27- Brazil's Senate on Wednesday approved an austerity measure that cuts pension benefits as part of President Dilma Rousseff's drive to reduce a widening fiscal deficit and regain investors' confidence in the once-booming economy. On Tuesday, the Senate approved a similarly watered-down version of another measure curbing unemployment...
Kors plunges 23% as revenue growth slows Michael Kors Holdings reported its slowest quarterly revenue growth since it went public in December 2011 as demand for its handbags and accessories weakened.
UPDATE 1-Michael Kors posts slowest revenue growth since going public May 27- Michael Kors Holdings Ltd reported its slowest quarterly revenue growth since it went public in December 2011 as demand for its handbags and accessories weakened in North America. Michael Kors' revenue rose 17.8 percent in the fourth quarter, slowing sharply from the growth of 29.9-74.4 percent it posted for the past 13 quarters. Michael Kors has been...
South Carolina unemployment unchanged in April COLUMBIA, S.C.- There was no change in South Carolina's unemployment rate last month, according to data released Wednesday by state officials. Workforce officials say that overall employment in South Carolina set a record last month, at more than 2.1 million people. "The positive economy in South Carolina is drawing more and more people into the workforce as...
Source: The Associated Press
| By: By MEG KINNARD, Associated Press
4 trades ahead of big retail earnings Costco, Tiffany and Michael Kors all report earnings on Wednesday, and "Fast Money" traders discussed how to play their stocks.
| By: Jacob Pramuk