Visa and MasterCard are in talks with Fidelity to replace AmEx, Bloomberg cited the sources as saying.» Read More
Wall Street has been busy figuring out where and when consumers will spend their rebate checks, even as the latest consumer sentiment numbers show U.S. consumers are more distressed than they've been since 1982.
With consumers under siege from skyrocketing fuel and food prices, what’s the best way to play a penny–pinching population?
This story about rice shortages -- which we covered yesterday and has today reached the "general" media -- is a good example of how the public can misunderstand an event. There are two things going on here...
Looking for a retail trade that could make the competition green with envy. Commander Planet to the rescue!
No reason to panic just yet but on Wednesday Sam's Club began limiting purchases of rice to only four bags per customer. What’s going on?
Corporate earnings put investors in a buying mood and sent the Dow soaring. What's the "Word on the Street?"
General Electric stunned the Street with an unexpected drop in quarterly profit. What's the "Word on the Street?"
The Dow rose Thursday after the semiconductor sector received an upgrade and Wal-Mart reported higher sales for March. What's the "Word on the Street?"
The Dow and S&P 500 snapped a two-day losing streak Thursday, led by technology stocks after an upgrade on the chip sector.
Retailers had a rough time last month as high gas prices and economic jitters took a toll on shoppers. But there are a few trades to be had if you've got the guts.
Stocks advanced Thursday, helped by an upgrade on the chip sector and increased forecasts from two Dow components.
Retail sales results were almost universally in the red in March--but--retail stock prices were trading in the green. Why? Many on Wall Street were prepared for the weakest sales results in 13 years and that is indeed what we got on Friday.
Retail analysts had been expecting weak sales in March, but an early Easter holiday, chilly weather and recession-wary consumers combined to deliver March sales that were even drearier than expected.
Stocks opened higher Thursday after a better-than-expected report on jobless claims, and raised outlooks from Dow components DuPont and Wal-Mart.
The dollar is weak again; Band of England lowered rates, but Europe has been weak right from the open and that weakness has spilled over into our futures. Elsewhere: 1) March retail sales were again fairly sluggish...
There are few names in the sector he'll recommend. Here are three.
The news was not particularly good today, and so a modest drop was certainly a decent performance. Consider: 1) semis weak on AMD's poor guidance 2) materials mixed on Alcoa below estimates 3) Fed minutes full of concern about economic slowdown
1st paragraph of story should go here
The vacancy rate at U.S. strip malls rose to the highest level since 1996 in the first quarter of 2008, while that for big malls reached levels unseen since 2002, research firm Reis said on Friday.
Both Wal-Mart and Home Depot are breaking out ahead of sales data next week. What's the trade here?