CNBC's Tyler Mathisen looks back at the week's top business and financial stories.» Read More
Richard Hastings, senior retail analyst at Bernard Sands, told CNBC’s “Squawk Box” that the buying power of the bottom one-third of consumers is falling.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
Chunky smoothie sounds like an oxymoron. Yet Jamba Juice will be turning out just this product in its effort to tap into the breakfast market. The company has found an original way to keep granola bits crunchy while putting them into its yogurt shakes. JMBA's also adding stuffed pockets with fillings and meals-in-a cup that can be eaten with a spoon. Why mess with the traditional smoothie business?
Consumers just don't share the same fears as traders on Wall Street. Plus, en fuego tech stocks to own.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.
U.S. stocks are ready to rise at the open after equities markets worldwide set records of their own on the back of Wall Street's big rally.
Japanese clothing retailer Fast Retailing said its quarterly net profit fell 3% and it cut its full-year forecast for a third time due to losses at subsidiaries and a recent slump in same-store sales.
Retailers, including industry leader Wal-Mart Stores , reported June sales that topped Wall Street's lowered expectations on Thursday, raising hope for the back-to-school shopping season.
A source very close to the situation confirmed to me that Pershing Square Capital--a fund run by activist investor Bill Ackman--has been buying stock in discounter Target and has accumulated more than five percent of outstanding shares. The Securities and Exchange Commission filing of that purchase is expected to be made next week.
At this point, most every business observer seems familiar with the anonymous Web antics of Whole Foods Market CEO John Mackey. While corporate-law experts debate the legality of his acts, investors are asking what it all means for the company's value. Andrew Wilkinson, senior market analyst at Interactive Brokers, joined "Power Lunch" to offer the options market's view of Whole Foods.
The verdict on June retail sales: they could have been worse. Bear Stearns Retail Analyst Christine Augustine joined "Morning Call" to explain why Thursday's lukewarm figures are actually good news -- and to name the factors driving the sector.
An explosive bid for Canada's Alcan is giving a positive psychological lift to stocks as traders watch a flood of monthly sales reports from retailers.
Dutch retail sales increased by 1.9% compared with the same period a year earlier, the Central Bureau for Statistics (CBS) said Thursday.
It has been a tough few months for short-sellers of retail stocks. Buyout activity has helped buoy up stock prices in the sector until Tuesday when it took a turn, and retail stocks were bathed in red following profit warnings from Sears and Home Depot.
With most retailers to report their sales from the previous month Thursday, Christine Chen, vice president of equity research-specialty retail at Needham & Co., foresees low sales numbers for adult/"missy" retailers, despite June being a clearance month.
The U.S. stock market headed toward an indifferent opening with futures bouncing above and below fair value after Tuesday's selloff. A new round of subprime debt fears on Wall Street spurred selling in equities markets around the world.
It has been a tough time to be short retail stocks, even with same store sales likely to be even weaker than expected. Today though the short call is working and many of those short sellers may be willing to step back from the ledge given word from Home Depot and Sears that their earnings will disappoint. That word is countering the positive force of the rumor mill of retail buyouts that have buoyed stock prices despite slumping sales.
Inventories of unsold goods at U.S. wholesalers rose 0.5 percent in May, boosted by a buildup in a range of goods including automobiles, metals and electrical supplies, government data showed Tuesday.
The market is on Fed watch today as traders await a speech by Fed Chairman Ben Bernanke on inflation. Stocks are weaker ahead of the open this morning after some negative earnings news. European markets are trading lower and Asia was mixed overnight.
Australia's largest supermarket chain, Woolworths, reported a 9.6% jump in fourth-quarter sales, and upgraded its full-year profit outlook, as it continues to take market share from struggling rival Coles Group.