US Jobless Claims Rise, but Don't Sound Alarm Yet
American Eagle Outfitters Inc
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Customer reviews influencing what retailers do more than ever before. The culprit: social media and the risks that negative comments can go viral quicker than ever before.
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"We're close to it. The market fluctuates, and I think it's going to rise and we'll probably see it soon," one pro said.
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Feb 22- Abercrombie& Fitch Co on Friday reported a drop in comparable sales during the holiday quarter on weakness at its overseas stores and in its Hollister chain, and the youth retailer warned of a sluggish start to the new fiscal year.
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Feb 11- Leading clothing retailers like Gap Inc, American Eagle Outfitters are forecast to report larger fourth-quarter profits in the coming weeks, the latest evidence that smart inventory management and lower costs helped overcome sluggish holiday sales for most in the industry.
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NEW YORK, Jan 15- The Dow and S&P 500 edged higher on Tuesday after stronger-than-expected retail data, though tech heavyweight Apple dragged on the market for a third day. Apple was the biggest weight on both the S&P 500 and Nasdaq 100 after reports on Monday of cuts to orders for iPhone parts.
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NEW YORK, Jan 15- U.S. stocks were nearly flat on Tuesday as tech heavyweight Apple dragged on the market as it extended losses into a third day, while economic data helped retailers advance. Apple was the biggest weight on both the S&P 500 and Nasdaq 100 after reports on Monday of cuts to orders for iPhone parts.
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NEW YORK, Jan 15- U.S. stocks pared losses and pulled near the unchanged mark on Tuesday as tech heavyweight Apple came off earlier lows and economic data helped retailers advance. Apple fell for the third day in a row as the biggest drag on both the S&P 500 and Nasdaq 100 after reports on Monday of cuts to orders for iPhone parts.
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The behavior of teen retail stocks can be fickle, reports CNBC's Courtney Reagan.
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Central bankers on both sides of the Atlantic could stir the markets Thursday. The European Central Bank and Bank of England both meet ahead of the U.S. open, but more interesting to them are the comments expected from two Fed hawks - Kansas City Fed President Esther George and St. Louis Fed President James Bullard.
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Retail sales reports from a handful of retailers on Thursday will provide another peek at holiday spending and help gauge how consumer spending is shaping up. But the expected dour reports may not foreshadow a poor 2013 for retailers.
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The mobile shopping app Kickshop rewards consumers for just being in a store.
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Topshop has its sights set on expansion plans in the US and Asia, and that could be a big worry for some US retailers.
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Among retailers poised for a profitable holiday shopping season, several names look to stand out in the sector, Durban Capital’s Steve Kernkraut said Thursday on CNBC.
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As Black Friday kicks into full swing, one analyst detailed four retail stocks that are the early morning winners with the most traffic so far.
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Three retail companies are poised to cash in big on Black Friday, J Rogers Kniffen CEO Jan Kniffen said Wednesday on CNBC.
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Some corporate governance experts argue that Say on Pay has had little if any impact on reining in what public companies decide to pay their leaders.
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U.S. meteorologists expect a natural horror show of high wind, heavy rain, extreme tides and maybe snow to the west beginning early Sunday, peaking with the arrival of Hurricane Sandy on Tuesday and lingering past Halloween on Wednesday.
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The storm has a 70 percent chance of smacking the Northeast and mid-Atlantic next week with gale-force winds, flooding, heavy rain and maybe even snow, forecasters said adding, it has all the earmarks of a billion-dollar storm.
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NEW YORK-- Shares of American Eagle Outfitters tumbled Tuesday, after the teen retailer's profit prediction for the current quarter disappointed investors. THE SPARK: American Eagle Outfitters said it's on track to meet its previous fiscal third-quarter profit prediction of 37 cents or 38 cents per share.
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No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.