Analysts said there's much work to be done at Wal-Mart, which has posted negative domestic same-stores sales for the past five quarters.» Read More
Nelson Peltz hinted at a potential for a proxy contest at Pepsi, one of his hedge fund's holdings.
WASHINGTON— U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year. Retail sales rose just 0.2 percent last month, the Commerce Department said Tuesday, held back by a sharp drop at building and garden supply stores. Sales also fell at restaurants and at auto dealers.
WASHINGTON— The Commerce Department releases rPiletail sales data for June. The report will come out at 8:30 a.m. EDT Tuesday. Economists now expect growth of 3 percent, according to a survey released Friday by the National Association for Business Economics.
You deserve detailed explanations for underperformance. But how can you tell a reasonable explanation from an elaborate excuse?
Traders will be watching earnings to see if the rebounding consumer will now be the engine of economic growth, says NYSE floor trader Kenny Polcari.
If not the weather, what can retail CEOs blame for sluggish traffic? It's the economy, some say.
Stocks declined Thursday, tracking European shares, on worries about one of Portugal's top banks.
July 10- Discount retailer Family Dollar Stores Inc, under pressure from activist investor Carl Icahn to sell itself, said its profit fell by a third as the company cleared inventory ahead of planned store closures and competition intensified.
Is the housing remodeling boom over? A status update from Lumber Liquidator is acting as a possible canary in the coal mine.
July 10- Discount retailer Family Dollar Stores Inc, under pressure from activist investor Carl Icahn to sell itself, said its profit fell by a third as the company cleared inventory ahead of store closures and competition intensified.
Some of the names on the move ahead of the open.
Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.
July 10- Discount retailer Family Dollar Stores Inc's quarterly profit fell by a third as the company resorted to discounts to clear inventory and competition intensified.
The Container Store tanks after disappointing earnings. Other retail reports shouldn't be that bad.
U.S. stock index futures indicated a lower open on Tuesday, as second-quarter earnings season gets underway.
The start to the earnings season begins with the release of quarterly results from Alcoa after Tuesday's close.
Despite the naysayers, earnings could put more sizzle into the stock market's bull run this summer.
NEW YORK, July 4- With all the hoopla over the Dow topping 17,000 out of the way, the market's next focus will be whether the fast-approaching earnings season can justify U.S. stocks climbing further into record territory. Many factors point to a second-quarter earnings season poised to surprise substantially to the upside.
June 27- Dollar General Corp said CEO Rick Dreiling will retire next year, throwing into doubt a proposal by Carl Icahn to merge the discount retailer with Family Dollar Stores Inc.. Dollar General's shares fell as much as 8 percent and Family Dollar's as much as 4 percent in morning trading on Friday.
June 27- Dollar General Corp said Chief Executive Rick Dreiling would retire next year after about seven years at the helm, sending the discount retailer's shares down 7 percent.