Major retailers are going through big changes amid online sales growth.» Read More
Not very of late. But Cramer’s predicting a rebound.
Warm weather, an early Easter and a more confident consumer appear to have boosted retail sales in March, with many of the retailers who have reported results so far topping analysts' estimates.
There are exactly five sectors where analysts have, on average, raised their earnings estimates during the last month, and exactly five sectors where analysts have negatively revised their consensus estimates.
If you're looking for a trading idea, you might want to check out regional banks or the retailers. Find out why!
What follows is a roundup of corporate earnings reports for Thursday, March 11.
Buzz on the Street suggests the gov't is going to off-load some of its stake in Citi after the lock-up expires. If the gov't is selling, should you be buying?
U.S. retailers posted their best monthly sales performance in February since just before the recession started in 2007, as leaner inventories resulted in more sales at full price. Brian Tunick, managing director and specialty retail analyst at JPMorgan said he sees consumers continuing to make a comeback.
Greece will sell about 5 billion euros of 10 year bonds (at about a 6.3 percent yield) — it is well oversubscribed. They need to refinance up to 23 billion euros of maturing debt coming in the Apr/May time frame. 2. Retail sales for February have topped expectations. 3. Wal-Mart increased its dividend to $1.21 from $1.09 per year. Over 60 companies in the S&P 500 have increased their dividend since the start of the year. 4. A bankruptcy judge gave the management of General Growth Properties won a four month extension to keep control of the bankruptcy restructuring.
Although another winter storm is bearing down on the Northeast US, there are very few coats or gloves remaining on retailers' shelves.
Find out what top analysts are saying about China Digital, retailers and more. How should you be positioned, now?
January retail same store sales: how could the numbers be so far off? Retailers, for the most part, reported numbers higher than expected, in some cases WAY HIGHER than expected. How could sell-side analysts, who provide the estimates, be so far off? There's two problems...
S&P 500 futures lost about 4 points on the disappointing weekly initial jobless claims number. Sovereign debt issues, which popped up again yesterday, are back down in a big way today: Portugal down 3.2 percent, Spain down 2.6 percent, Greece down 1.7 percent. European banks are weak.
Attention Super Bowl Advertisers: Are you mobile Web-enabled? Consumers are surfing the Web from their phones more often. If you are spending the money on advertising during the Big Game, it's worth considering whether your site is optimized for smartphones.
It's time for retailers to wake up. Fashion shoppers are abandoning basics and looking for unique, stylish items, and stores that break the recessionary trend of playing it safe will reap the rewards, analysts said.
With Intel considered a barometer for the entire tech sector, how should you place your bets only hours ahead of Intel results.
When it comes to the jobs report, good news is bad news and bad news is bad news, says Gary Kaminsky. What does he mean?
Stocks struggled Thursday as the dollar rose and investors remained skittish ahead of Friday's jobs report. GE, Bank of America and Ford were among the day's gainers. Alcoa skidded.
Stocks skidded Thursday as the dollar rose, putting pressure on stocks that outweighed encouraging reports on employment and retail sales. Bank of America, Sears and Bed, Bath & Beyond were among the early leaders, while Alcoa stumbled.
Markets overseas fell in Thursday trading, with China’s Shanghai Composite falling nearly 2 percent for its biggest drop in nearly 2 weeks. This came as China’s central bank made a surprising short-term tightening move by raising rates on its 3-month bills for the first time in over 4 months.
Stocks opened lower on Wall Street as a rising dollar pressures commodity prices and outweighed another round of positive news in the job market.