BING-JHEN HONG Costco Wholesale Corporation (NASDAQ:COST) finally pulled the trigger on a membership fee increase after almost a full year of speculation over the topic. The price for the Gold Star membership is increasing to $65 from $60, while the price of the Executive membership is increasing to $130 fromContinue Reading
Shares of Costco Wholesale Corporation (NASDAQ:COST) were trading more than 1% higher as an analyst note from Stifel noted the company’s increased market share in both the grocery and gas categories, accompanied by a 6% hike in its price target. According to Stifel’s data, Costco (COST) and Amazon (AMZN) currentlyContinue Reading
fotofrog/E+ via Getty Images The Consumer Staples Select Sector SPDR Fund ETF (NYSEARCA:XLP), with 5.8% weightage on the S&P 500, bagged a gain of ~2% in Q2, compared to broader market (SP500) gains of ~4.6%. Consumer staple (XLP) was the fourth-best performer in Q2, only lagging behind technology (XLK), utilitiesContinue Reading
