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Australian retail sales rose less than forecast in October as consumers cut back on household goods purchases after months of heavy spending, reinforcing expectations the central bank will keep rates on hold this week.
You heard me rant here on this blog about Lululemon failing to answer questions about its Vitasea line and whether or not it truly contains seaweed. They were late in issuing a press release and defending their products but finally, in his first public comments, CEO Bob Meers joined us live on CNBC to defend the athletic wear company.
Global sales of semiconductors rose by 5 percent in October from a year earlier, fueled by stronger-than-expected demand for personal computers, , the Semiconductor Industry Association said.
Post an image of scantily clad supermodels, like I'm doing here, or run a video of the same and you are virtually guaranteed to get air time. CNBC will never get tired of airing stories about Victoria's Secret and its iconic runway show.
Oh darn, the buzz in Hollywood was so optimistic when the writers and producers returned to the bargaining table on Monday. It seemed sure they'd wrap everything up by Christmas, in time for a nice Hollywood ending. But this must be the third act, things just took a dramatic turn, making it unclear how it'll all end.
Two top traders offered a mixed bag of stocks, across several sectors, to help investors prepare for market turbulence in the week ahead.
German retail sales posted their steepest decline in October since a value-added tax increase sent them plunging at the start of the year, in a sign that consumers are increasingly worried about higher energy and food prices.
British grocer Tesco could position its Fresh & Easy chain among the top 10 supermarket retailers in the United States by 2015, with U.S. sales of $10 billion, TNS Retail Forward saidin a report on Thursday.
J. Crew Group reported quarterly net profit that topped Wall Street estimates, helped by a 21 percent rise in revenue, and it raised its outlook for the fiscal year.
U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.
So is this is a tradable bottom or just a head fake? Bulls point to the still-huge short position in financials, the large cash positions, and the hopes that the strength of the rally will suck in other players looking for a last year-end play to add a point or two to their bottom line profits.
The rally held. This was an important day, a day where the "sell in the last hour" juggernaut was broken, at least for the moment. There are many reasons, but short covering is the key: 1) Short covering in financials.
As we wrap up this year, we are close to seeing U.S. auto sales fall to their lowest point in nine years. It has me wondering about what's spooking vehicle buyers? Is it the economy? Is this simply the natural ebb and flow of demand for new cars, trucks and SUV's?
U.S. online shoppers spent a record $733 million in a single day on "Cyber Monday," according to market research firm comScore.
After spending all of Friday and much of this holiday weekend at the largest mall on the East Coast, I have to say that the holiday traffic wasn't bursting the mall at its seams but it seemed healthy. On Friday alone, the King of Prussia mall in Pennsylvania, had between 170,000 to 175,000 shoppers walking and shopping its stores.
The best stock picks for the holiday season don't come from Cramer. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
A late-day selloff pushed the major stock averages down 10% from their highs, meaning the market is now officially in a correction.
News doesn't get worse than this for a company like Yahoo. On a day that's arguably one of the most important for online shoppers during the holiday shopping season, the so-called "Cyber Monday," Yahoo's shopping and transaction algorithm appears to be down.
Cyber Monday may not be the biggest day for online shopping, but it certainly gets the most attention. Here's what the experts are telling CNBC about how sales are going so far.
A retailers ability to attract youth and wealth can make their stock all the more attractive to investors according to Christine Chen, vice president of equity research for specialty retailing at Needham and Company.