U.S. stocks traded in a narrow range on Thursday as investors eyed slightly lower bond yields and mostly shook off the morning's mixed economic data.» Read More
Companies with happy workers can outperform the broader market handily, while companies with less-than-happy employees see shares fall short.
Activist investor Robert Chapman tells CNBC negative reports about Lumber Liquidators only encouraged him to raise his bet.
Beyond raising wages in retail, Wal-Mart's latest move will have an even bigger impact on the future of retail.
Mobile remains the top priority for retailers, but it comes with a major caveat.
NEW YORK, March 5- Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits. Citigroup and Costco have not disclosed terms of the deal, and outsiders can only...
Pay raises and cheap gasoline make low-end retailers like Wal-Mart and Kohl's better buys than those at the high end, several analysts say.
Jim Cramer sees six issues that could spell disaster ahead for the economy if not addressed now.
Best Buy beat the Street's earnings estimates, but revenue came in light. The "Fast Money" traders take their positions in the name.
U.S. stocks pulled back from recent highs to close lower, as investors weighed soft auto sales and looked ahead to domestic data.
*Best Buy climbs after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. It's predicated on the fact that when you get up around new highs market participants tend to get a little vertigo, "said Art Hogan, chief market strategist at Wunderlich Securities in New York.
Best Buy reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012.
Michael Lasser, UBS Retail analyst, provides analysis on Best Buy's quarterly numbers.
Insight on Best Buy's earnings, with CNBC's Courtney Reagan , who spoke with CEO Hubert Joly.
March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, on Tuesday reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012.. Chief Executive Officer Hubert Joly said on a conference call that Best Buy planned this year to start a cost-cutting effort to save $400...
*Best Buy climbs in premarket after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. "The market is naturally settling in, taking a breather until the scales tip either way to commence the next move to continued to new heights or a consolidated pullback," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
U.S. stock index futures fell on Tuesday, ahead of auto sales and amid earnings from big-name retailers like Best Buy and Dick's Sporting Goods.
Some of the names on the move ahead of the open.
*Best Buy climbs in premarket after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. *Electronics retailer Best Buy climbed 4.8 percent to $40.50 in premarket trade after it reported quarterly results, announced a special dividend and the resumption of its share repurchase plan.
March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a better-than-expected quarterly profit, helped by improved sales of higher-margin products such as large-screen TVs and mobile phones during the holiday shopping season. The company's shares rose 4.6 percent at $40.40 in premarket trading, after Best Buy said it would buy back $1...
March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a 2 percent rise in quarterly same-store sales, helped by higher sales of large-screen televisions and mobile phones in the holiday shopping season. Net income attributable to Best Buy shareholders jumped to $519 million, or $1.46 per share, in the fourth quarter ended Jan. 31, from $293...