The retail sales figures added to recent data pointing to underlying strength in the world's biggest economy, boosting risk assets such as Asian shares, but investors remain nervous about oil demand from the United States and China amid slowing consumption in Europe.» Read More
Retail stocks have soared almost 45% this year including, Ross Stores and TJX, but is there still room to run in these high flyers? David Abella, Rockdale Investment Mgmt. senior equity analyst, weighs in.
“Part of the problem is people think we’re not back to where we were before the crisis," says one economist. "I think we’re working through this. There’s no pushing us off the recovery track.”
Charles Leyland, Managing Director at Leyland Private Asset Management discusses Billabong shares falling after a profit downgrade, and says that certain retail stocks carry substantial risk. However, he does say that we could see some opportunities emerge in retail stocks.
An elephant at the Buffalo Zoo has found her hidden talent — painting. For the holidays, she’s painting wine glasses and ornaments. How she do it without breaking them? Read on!
As Blackberry maker Research In Motion gears up to release its fiscal third-quarter earnings, pressure is rising on the telecommunications company to deliver. Mike Abramsky, managing director and software and wireless research analyst at RBC Capital Markets, weighed in.
Best Buy's efforts to boost sales — particularly on Black Friday — by deep discounting took a heavy toll on gross profit margins, resulting in the retailer missing quarterly earnings estimates, Brian Nagel, senior research analyst at Oppenheimer & Co., told CNBC Tuesday.
You may feel like a million bucks after striking that power deal. But here's the cold hard truth about what you're worth — and just in time for the holidays!
With the poor job market and uncertain recovery, hundreds of thousands of Americans have put off moving out on their own — and that's depriving the economy of a lot of activity. The New York Times reports.
Discussing whether the auto industry is forming a sales bubble or if it really is on the road to recovery, with Jeremy Anwyl, Edmunds.com CEO.
We're positive and we're looking for a double digit increase in sales for 2012, said Roger Penske, Penske Automotive chairman/CEO. Discussing the strong truck demand, with Steve Clough, Arrow Truck Sales president.
RIMM reports earnings have fallen over one million units since last quarter. Is there reason for investors to be concerned? Matthew Hoffman, Cowen & Company senior research analyst weighs in.
The Street Signs team reports on an all-time sales record for lotteries.
CNBC's Brad Goode reports from Los Angeles on why worldwide box office summer sales have slightly risen.
Closing Bell host, Maria Bartiromo with a look at the video game retailer.
Some college athletic departments are figuring out the answer to juicing revenue — beer.
Discussing whether earnings will continue to beat expectations this week, with Hank Smith, Haverford Investments, and Stephen Wood, Russell Investments.
A look at what's driving auto sales, with CNBC's Phil LeBeau.
Scott Minerd of Guggenheim Partners on why people will flee the euro and go to a safe haven like US Treasurys, since the United States is 'the least dirty shirt in the bag.'
Discussing the automaker's Q2 earnings and overall U.S. sales forescast, with Alan Mulally, Ford Motor Company president & CEO, and CNBC's Phil LeBeau.
CNBC's Darren Rovell reports the athletic giant is posting record results, and shows off new products using free technology.