Fourth-quarter sales were much better than expected for the world's largest home improvement retailer, and analyst Brian Nagel at Oppenheimer says housing trends will keep the momentum going. Read More
Consumer stocks performed well Monday, with Macy’s and Home Depot among those that hit new 52-week highs, but pricing pressures might slow the rally. Read More
I’m a big proponent of rightsizing personal finances to match one’s goals and desired lifestyle, with the ultimate aim of a seamless transition to retirement. That’s right: retirement. Read More
The "buy American stocks" trade is gaining backers by the day as US economic indicators continue to show improvement and investors become less-focused on Europe. Read More
Sears Holdings' announcement that it will close between 100 and 120 locations should not really be a surprise. Since the combination of Sears and Kmart, management has focused on everything BUT the most important item: the customer. Stock buybacks and cost cutting have ruled while Target, Kohl's and Wal-Mart have focused on sprucing up stores and grabbing a larger share of the consumer wallet. Read More
With excess cash on hand from years of cautious spending and slower store growth, retailers in 2012 will focus on returning capital to investors via share buybacks and dividends, according to a Credit Suisse report out today. Read More