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TSX:HBC 1 February 2026

Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Global has begun closing sales at 34 Saks Off 5th stores, with 23 more set to shut by Feb. 2, leaving 12 outlets open. The company, in Chapter 11 bankruptcy, is also closing all Neiman Marcus Last Call locations. Gift cards and rewards now have new expiration dates, and all closing-sale purchases are final. Saks is halting new gift card sales and winding down its Off 5th online operations.
1 February 2026

Stock Market Today

  • Faces and Fed: 'Magnificent Seven' Earnings and Powell's Final Meeting Put Market to Test
    April 26, 2026, 5:47 AM EDT. Investors eye a stock market near all-time highs, testing if it can sustain gains amid key events. The 'Magnificent Seven' tech giants-Alphabet, Amazon, Meta Platforms, Microsoft, Apple-report earnings this week, with each under pressure to demonstrate revenue growth amid heavy AI investments. The S&P 500 and Nasdaq recently hit record levels, rising 9% and 15% in April, respectively, defying geopolitical tensions and AI disruption fears. Microsoft's results are particularly anticipated to influence tech-sector confidence. Meanwhile, the Federal Reserve holds what could be Jerome Powell's final meeting before Kevin Warsh's chairmanship, amid concerns over inflation, gas prices, and future interest rate moves. Market watchers note a disconnect between external risks and price momentum, driven by mega-cap tech's rally.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 26.04.2026

26 April 2026
LIVEMarkets rolling coverageStarted: April 26, 2026, 12:00 AM EDTUpdated: April 26, 2026, 5:53 AM EDT Faces and Fed: 'Magnificent Seven' Earnings and Powell's Final Meeting Put Market to Test April 26, 2026, 5:47 AM EDT. Investors eye a **stock market near all-time highs**, testing if it can sustain gains amid key events. The **'Magnificent Seven' tech giants**-Alphabet, Amazon, Meta Platforms, Microsoft, Apple-report earnings this week, with each under pressure to demonstrate **revenue growth amid heavy AI investments**. The S&P 500 and Nasdaq recently hit record levels, rising 9% and 15% in April, respectively, defying geopolitical tensions and AI disruption fears.
Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

26 April 2026
Lockheed Martin was named among firms awarded up to $3.2 billion for President Trump’s Golden Dome space-based missile interceptor plan, Space Systems Command said. The company reported weaker first-quarter results, with $18 billion in sales and negative free cash flow. Space Force aims to show initial interceptor capability in 2028. Golden Dome’s total cost is projected at $185 billion.
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