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"Talking Squawk" coming at ya! From your Fed-Chairman-Ben-Bernanke-to-English-Dictionary to the Back-to-the Future move at P&G, this blog is where to get everything "Squawk Box."
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Wall Street analysts got ahead of themselves with upbeat expectations, said AlixPartners' Managing Director Steve Nevill, noting that unemployment remained high, and consumers were still worried about their prospects.
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A number of top U.S. retailers reported disappointing April sales as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.
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*Costco, L Brands miss estimates. May 9- Costco Wholesale Corp and Victoria's Secret parent L Brands Inc reported smaller-than-expected sales gains in April, when consumer mood swooned on concerns about the job market recovery.
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*Buckle, Zumiez shares rise as sales top views. That was less than the 4.3 percent increase Wall Street expected. Wall Street got ahead of itself with upbeat expectations, said AlixPartners' Managing Director Steve Nevill, noting that unemployment remained high and consumers were still worried about their prospects.
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Target is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physical stores.
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May 8- Target Corp is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physical stores rather that seeing them buy from online rivals. Target said its new program relies on shoppers using their Facebook accounts.
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The Senate's passage of an Internet sales tax bill is bringing retailers one step closer to a level pricing playing field, says Stacey Widlitz, a retail industry analyst.
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WASHINGTON, May 6- The U.S. Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the Republican-controlled House of Representatives.
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WASHINGTON, May 6- The U.S. Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the Republican-controlled House of Representatives.
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WASHINGTON, May 6- The U.S. Senate on Monday cast a majority of votes to give states the power to enforce their sales tax laws on online purchases, but the bill was expected to stall later in the Republican-controlled House of Representatives. The Senate had cast more than 60 votes for the legislation with voting still under way.
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*Senate approval of measure expected on Monday. WASHINGTON, May 6- The U.S. Senate was expected to vote on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation was likely to stall in the Republican-controlled House of Representatives. The Senate uncharacteristically by-passed this step.
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*Senate approval of measure expected on Monday. WASHINGTON, May 6- The U.S. Senate was expected to vote on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation was likely to stall in the Republican-controlled House of Representatives. The Senate uncharacteristically by-passed this step.
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CHICAGO, May 3- With consumer stocks blazing this year, it makes sense for investors to focus on retailers as the U.S. economy continues an inchworm-like recovery. But retail is a fickle business. The sectors have gained 14 percent and 17 percent year to date, respectively, through May 1, according to Standard& Poor's.
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May 3- Best Buy Co Inc:. *BB&T raises price target to $31 from $28. Reuters Station users, click. 1568.
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Best Buy's move to exit Europe has many on Wall Street hoping the big box retailer does the same in China.
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May 1- Balfour Beatty PLC:. *Credit Suisse cuts to underperform from neutral; target price to 200 p from. Reuters Station users, click. 1580.
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*has completed the acquisition of a 50% equity and loan note interest in the Tameside General Hospital PFI Project from Balfour Beatty Infrastructure Investments Limited, a subsidiary of Balfour Beatty plc for.
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LONDON, May 1- Balfour Beatty PLC:. *Has sold its 50% interests in four pfi schools projects to its. *Sale for combined proceeds of 42.5 million, generating a gain on disposal of.
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Stocks reversed their early losses to finish higher on the final day of the month, with all three major averages posting robust gains for April, despite some weak corporate earnings and mixed economic data.
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*Symantec shares have their own flash crash. NEW YORK, April 30- U.S. stocks rose moderately on Tuesday, with the S&P 500 ending at another all-time closing high on a jump in Apple and encouraging economic data.