"Halftime Report" trader Joe Terranova added a luxury retail stock trading at a bargain basement P/E.» Read More
CNBC screened the large cap S&P 500 index to see where the hottest parts of the dividend stock market have been.
The five-week long month of March is shaping up to be significant for retailers, not only because of an earlier Easter.
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.
About 20 percent of the stocks in the S&P 500 could be due for a pullback, according to analysts' price forecasts.
As it begins testing off-price locations, Macy's faces headwinds that its competitors didn't have to grapple with.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of the names on the move ahead of the open.
Some fashion firms have seen their shares rise by nearly 50 percent in the past year; others have had their stock prices plummet.
Feb 5- Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter, disappointing investors used to the luxury accessories retailer's spectacular growth over the past three years. Shares of the company, founded by fashion designer Michael Kors, fell as much as 6 percent on Thursday. Michael Kors has a history of beating estimates...
Feb 5- Luxury accessories retailer Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter after North American same-store sales in the holiday shopping period rose at the slowest pace since the company went public in 2011.. Michael Kors increased discounting and offered more promotions in the quarter, in contrast to Coach...
Feb 5- Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter as heavy discounting and increased promotions weigh on the luxury accessories retailer's margins. Analysts have expressed concerns about Michael Kors' recent spike in discounting and promotions, in contrast to rivals Coach Inc and Kate Spade& Co..
Daniel So, Strategist at CMB International Securities, says Coach reminds him of the embattled fashion group Esprit and it needs to fend off competition from rivals like Michael Kors carefully.
*Alibaba shares, Qualcomm shares tumble after results. NEW YORK, Jan 29- U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over U.S. monetary policy. While the afternoon rise in crude was not huge, it was enough to...
*Alibaba shares tumble after results, Yahoo follows. The S&P 500 index was up 0.9 percent in the afternoon after a decline of as much as 0.6 percent earlier in the session and oil futures turned positive on a day when strong job market data contrasted with disappointing reports from Alibaba and Qualcomm. The market has been advancing and retreating within a range...
*Alibaba shares tumble after results, Yahoo follows. NEW YORK, Jan 29- U.S. stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm. Shares in Chinese internet giant Alibaba Group dropped 9 percent to $89.46 after revenue missed...
Jan 29- A holiday-season splurge in handbag sales has given Coach Inc and Kate Spade& Co new impetus to cut back on promotions, confident that Americans are more willing to splash out on luxury. Kate Spade announced plans to discontinue its low-margin brand while Coach, its larger competitor, surprised Wall Street by revealing an increase in demand for its...
Same-store sales are trending positive at Coach's 20 newly revamped stores, which were designed to channel a "modern" feel.
*Alibaba shares tumble after results, Yahoo follows. The decline took shares of Yahoo, which said earlier this week it will spin off its Alibaba stake, down 5.9 percent to $43.72. "Alibaba is growing more slowly than thought, and it's a stock a lot of people want to own," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.
*Alibaba shares tumble after results, Yahoo follows. The decline took shares of Yahoo, which said recently it will spin off its Alibaba stake, down 8.2 percent to $42.66. "Alibaba is growing more slowly than thought, and it's a stock a lot of people want to own," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.
The handbag, accessories and footwear company earned $183.5 million, or 66 cents per share, for the period ended Dec. 27.