Farooq Kathwari, Ethan Allen Interiors chairman and CEO, says discounting is like a craze; retailers follow each other. It is a race to not making money, he adds.» Read More
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. *Unit seeks $20 bln to $25 bln valuation- Bloomberg. GE will look to raise as much as $3.5 billion from the IPO and seek a valuation of $20 billion to $25 billion for the unit, Bloomberg reported, citing people with knowledge of the matter.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. March 13- General Electric Co's credit card unit filed for an initial public offering, the first step in the conglomerate's planned exit from the retail finance business.
Earnings: Still choppy, but mostly good news for tech and building materials.
Ethan Allen CEO Farooq Kathwari shares his opinions on where the U.S. economy is headed next, and how tax changes could affect his customers.
If you've been selling this stock, Cramer thinks you're playing it wrong.
The year is almost over, but "Mad Money" host Jim Cramer isn't heading for the bench. He’s in the game!
More than 100 companies are offering special dividends ahead of potential higher taxes. Ethan Allen Interiors CEO Farooq Kathwari, explains the advantage for shareholders.
Jim Cramer’s researcher, Nicole Urken, takes a look at how you should think about dividend investing going into 2013.
The home furnishing retailer's shares jumped in their market debut on the New York Stock Exchange on Friday after the stock priced at the high end of its range.
The upscale furniture retailer, backed by private equity firms Catterton Partners and Tower Three Partners LLC, opened New York Stock Exchange trading at $32.05 after pricing at the high end of the expected range at $24.
Furniture stocks are down big from their highs on the year even as homebuilder shares point towards a housing recovery. Something's not right.
Take a look at some of Wednesday's midday movers:
Farooq Kathwari, Ethan Allen CEO, discusses the company's earnings and the housing recovery.
See Cramer’s full interview with Farooq Kathwari.
Tempur-Pedic beat estimates, but revenues and full year forecasts missed. John Baugh, Stifel Nicolaus managing director, offers insight into furniture stocks.
Take a look at some of Friday’s morning movers:
Farooq Kathwari, Ethan Allen Interiors CEO, discusses whether signs of life among homebuilders could signal a recovery in the home interior industry.
When the nation is in dire need of economic recovery, ignoring the middle market may be a mistake — here's what you need to know.
Following up the whiplash week on Wall Street, with CNBC's Tyler Mathisen. And a discussion about furniture sales with Farooq Kathwari, Ethan Allen CEO, and what the numbers say about the economy. Also, Brian Sozzi, StarMine, discusses why the high-end consumer continues to buy and whether middle-range consumers are poised to come back.
Despite high unemployment, debt ceiling fears, riots in Greece, earthquakes in Japan and a host of other negative headlines, most of the American consumer related stocks are doing pretty darn well lately.