Ross Stores Inc (ROST.OQ)
NEW YORK, Dec 4 A proposal driven by President Donald Trump to overhaul the country's tax system has passed a major hurdle in U.S. Congress, raising investor hopes that corporate earnings will get a boost.
NEW YORK, Dec 1 A proposal driven by President Donald Trump to overhaul the country's tax system is moving through U.S. Congress, lifting the overall stock market and raising hopes that corporate earnings will get a boost.
* Ross Stores reports third quarter earnings, updates fourth quarter guidance
NEW YORK (Reuters Breakingviews) - The Amazon vortex won’t suck in everyone. That's the verdict of investors in the retail sector. Among potential competitors to the e-commerce juggernaut founded by Jeff Bezos, some – including Ross Stores, Home Depot and AutoZone – may have the wherewithal to withstand Amazon. The market is conferring on them valuations commensurate with, or better than, the one accorded to Amazon.