Some of the names on the move ahead of the open.» Read More
And the coolest of all is this company.
S&P futures had dropped a point or so as initial jobless claims for the week came in a bit heavier than expectations, 436,000 vs. 422,000 consensus. Prior week was revised upward to 410,000, from 407,000. Also: good news, nad news for retail.
A shakeout in teen retailers, private equity eyes retail acquisitions and holiday sales beat forecasts.
Monthly sales reports from retailers in November are expected to be strong, fueled by early holiday promotions and strong sales over the Thanksgiving weekend. A breakdown of the expected results.
Check out this new segment we're calling the Street Sheet: your complete guide for tomorrow's trading.
Stocks declined, but ended significantly off session lows, as financials gained and the dollar slipped, although investors remained concerned about the effectiveness of Europe's attempt to contain sovereign debt troubles. HP and Home Depot fell, while AmEx and BofA rose.
Stocks came back from session lows as financials gained, although the market remained lower amid continuing fears about Europe's ability to harness a credit crisis despite a weekend bailout agreement for Ireland. HP and Home Depot fell, while AmEx and BofA rose.
Stocks sank Monday as a strong start to the December holiday shopping season failed to counter investor concerns about the wider implications of debt burdens throughout Europe even as a final agreement was reached on Ireland's bailout fund. HP and Boeing slumped, while Bank of America rose.
The boost to stocks as European Union officials endorsed the $115 billion debt bailout has proved short-lived. The euro has weakened, the dollar strengthened (to a 2-month high), and most major bourses in Europe are down about 1 percent after being up overnight
As shoppers rush to the malls, private equity is also taking greater interest in teen retail names, Lori Wachs, president of Cross Ledge Investments, told CNBC on Friday.
Sure, there are a slew of black Friday TV commercials and you'll be inundated with glossy newspaper insert ads. But that's not all retailers are doing this year to get your attention — everyone from big box stores to boutiques is pulling out all the stops to deliver deals directly to consumers, to compel them to spend.
Investors are wondering which retailer could be the next takeover target, given J. Crew Group said Tuesday it will be taken private. The traders weigh in.
Times are tough, and retailers are getting creative, wrapping their marketing campaigns in some unlikely packaging this year, from new “grab-and-go” gift shops at Macy’s to new flexible payment options at Sears.
What follows is a roundup of corporate earnings reports for Thursday, Nov. 18.
Stocks surged to two-year highs on Thursday as all the major indexes rose beyond their closing highs for the year in the wake of the Federal Reserve's decision to buy $600 billion in Treasury bonds to boost the economy and news that President Obama said he was open to extending the Bush-era tax cuts to all income levels. JPMorgan and BofA gained.
Stocks continued to soar to new highs for the year Thursday, with banks getting a boost from news the Fed will allow "healthy" institutions to raise their dividends. BofA and JPM gain.
Stocks gained after President Barack Obama said he was open to extending the Bush-era tax cuts to all income levels. Boeing and Caterpillar gained.
Retailers largely reported better-than-expected sales in October, providing some momentum heading into the Christmas holiday shopping season.
Fed policy captures traders' attention. Also: October retail same-store sales were a mixed bag: some tricks, some treats. It's important to note that estimates have been coming down all month, and only about half have beat the consensus.
In a bid to capture younger shoppers and recoup market share lost to stores like H&M, Forever 21 and Zara—which churn out runway-inspired looks at bargain prices—JCPenney bowed in-store shops from Spanish chain Mango; Macy's rolled out the Material Girl line from Madonna; and Sears unveiled “Now+Here,” a fast-fashion junior and apparel department.