Stocks closed down Thursday soon after Walt Disney released worse-than-expected results into a market already weakened by disappointing results from Cisco and a rise in the dollar as European debt troubles continued to roil currency markets. Cisco and Disney fell, Chevron rose.
Stocks declined ahead of the close Thursday, as Walt Disney released worse-than-expected results into a market already weakened by disappointing results from Cisco and a rise in the dollar as European debt troubles continued to roil currency markets. Cisco and Disney fell.
Children's clothing retailer Gymboree has agreed to be bought by asset management firm Bain Capital for $1.8 billion in what would be the sixth-largest private equity deal of the year.
Herein are Wednesday's biggest winners and losers. Find out why shares of Chico's and Jazz Pharmaceuticals popped.
Stocks were higher heading into the close Wednesday in thin trading Wednesday as investors shrugged off tepid reports from retailers. Exxon fell.
With financial regulatory reform now law, the 'Fast' desk discusses how it will affect the credit card company's bottom line in the future.
Online shoppers are like nomads visiting multiple Web sites before making a purchasing decision. Studies show retail Web sites that offer superior customer service, including live help tools, see high customer satisfaction. Just how successful is live help?
Cramer makes the call on viewers' favorite stocks.
Trader commentary is a bit incredulous this morning over what is going on in Germany. For example, the restrictions on naked short selling of CDS has no teeth because most CDS is traded out of London, and Germany has no jurisdiction there. Even the French aren't going along with this.
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.
The markets appear to be holding on to their gains, despite a disappointing January New Home Sales report. Once again, traders are awaiting Fed Chairman Ben Bernanke’s semi-annual report on monetary policy in front of the House Financial Services Committee. However, they suspect that his comments will lack new insights.
Stocks opened lower on Thursday as investors shrugged off an encouraging jobless report and news of a bailout for Greece. How should investors be positioned? Maury Fertig, chief investment officer at Relative Value Partners and Ryan Detrick, chief technical strategist at Schaeffer’s Investment Research discussed their market outlooks.
So maybe the snowstorm that struck the Northeast wasn't the Grinch that stole a profitable Christmas away from retailers after all.
Maybe Bernanke really does have some clout: ever since Monday, when Bernanke engaged in unusual jawboning in support of the dollar, the dollar has stabilized and is even in a mild uptrend.
S&P 500 futures drop a few points as October Housing Starts and Permits were a bit below expectations, while the Consumer Price Index was a bit hotter than expected.
The low volume nature of the nearly 8-month old market rally has been an ongoing concern, but now the absence of institutional players could be an issue.
Stocks fell for a second day Thursday after the Federal Reserve announced plans to start unwinding some stimulus measures and a report showed existing-home sales fell last month.
Stocks retreated Thursday after the Federal Reserve announced plans to start unwinding some stimulus measures and a report showed existing-home sales fell last month.