SAVANNAH, Ga. _ Citi Trends Inc. on Wednesday reported fiscal first-quarter net income of $11.3 million. Citi Trends shares have fallen almost 8 percent since the beginning of the year. Keywords: Citi Trends, Earnings Report.
Investors are paying close attention to this reporting season which will give insights into how profitability is holding up following the tax hike.
The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.
Hopes are high for Indonesia's Joko Widodo, and he now faces the task of implementing reforms while appeasing coalition partners.
As the slowdown in Singapore's housing market deepens, investors are questioning when the government may relax its anti-speculation curbs.
"Sell deficits, buy surpluses" was a winning strategy for emerging markets in 2013, but the new mantra may be "sell commodities, buy manufacturers."
This year has been tough for dollar bulls betting on stellar greenback gains, but they're not giving up.
The historic mandate won by India's BJP party has amped up enthusiasm for Indian stocks, with banks raising their targets for the Sensex index.
India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes to attract investment.
Small business owners who use credit cards for business funding can garner debt stability never before possible, says guest columnist Odysseas Papadimitriou.
Retail stocks update: If February same store sales were so strong, how come the S&P Retail Index (RLX) is only up 0.8 percent and is LAGGING the rest of the market? So I have been asked. Here is the answer...
On the surface, the retail sales reports were good this morning. February retail same-store sales were up 4.3 percent, according to RetailMetrics, well above expectations of a gain of 3.8 percent. This is good news, but there's a problem: there's fewer and fewer retailers reporting monthly numbers.
Analyst Patrick McKeever of MKM put together a list of his potential takeover targets within the hot retail sector. Click here and check it out.
Using coded email messages referring to securities and money as "frequent flyer miles" and "potatoes," a high-ranking UBS investment banker and a trader made $870,000 in illegal profits from trades on tips about six UBS healthcare client acquisitions, U.S. prosecutors said.
Stocks suffered their worst one-day loss in two months driving the S&P 500 back into negative territory for the year.
Following are the day’s biggest winners and losers. Find out why shares of Raytheon and Red Hart popped while Wells Fargo and Yahoo! dropped.
Following are the day’s biggest winners and losers. Find out why shares of Google and Fluor Corp popped while Research In Motion and General Motors dropped.
In a mood reminiscent of WaMu-JP Morgan, the FDIC says Citi is buying Wachovia's banking operations, and assume the senior and subordinated debt.
The most important fact about this week is that it is the last week of a dismal quarter. Traders got annihilated in January, as the market went against both longs (in the first half of the month) and shorts (in the second half).
Blue chips finished higher for a third straight session after an unexpected increase in January retail sales. Technology stocks rallied after chip-equipment maker Applied Materials beat earnings forecasts.