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  • "Consumers are being hit by a perfect storm of events," said Craig Johnson, president of advisory firm Customer Growth Partners. Kohl's Corp on Thursday said sales in January were "significantly" lower than expected as shoppers stayed away, and the department store chain lowered its profit forecast.

  • "Consumers are being hit by a perfect storm of events," said Craig Johnson, president of advisory firm Customer Growth Partners. Kohl's Corp on Thursday said sales in January were "significantly" lower than expected as shoppers stayed away.

  • Jan 9- Discount store operator Fred's Inc said it hired advisers to explore strategic options following disappointing sales during the holiday season. "Fred's 2013 fourth quarter promotional strategy, which was centered on Black Friday, did not produce the incremental gains we expected," Chief Executive Officer Bruce Efird said in a statement.

  • Costco Wholesale Corp said sales at stores open at least a year rose 2 percent, below the 3.3 percent increase analysts were looking for, according to Thomson Reuters. Costco shares were down 1.9 percent in morning trading.

  • Bargain-hunting dents U.S. retailers' November sales Thursday, 5 Dec 2013 | 8:50 AM ET

    NEW YORK, Dec 5- Several major U.S. retailers posted disappointing sales for November after cautious shoppers pinched their pennies at the start of a shorter holiday season. Costco Wholesale Corp on Thursday said sales at stores open at least a year rose 2 percent, below the 3.3 percent increase analysts were looking for, according to Thomson Reuters.

  • Nov 7- Costco Wholesale Corp and Victoria's Secret parent L Brands Inc were among the major U.S. retailers to report same-store sales gains for October, but many chains expressed caution heading into the holiday season.

  • With US help, Europe and China show green shoots Thursday, 8 Aug 2013 | 10:28 AM ET
    View from Dollar Mountain in Sun Valley, Idaho.

    Data from Europe and China are looking up. These figures support the thesis that the U.S. recovery is a help to China, and is even trickling down to Europe.

  • Retailers forced to discount to lure shoppers Thursday, 8 Aug 2013 | 9:45 AM ET

    A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.

  • Gas Prices Help Costco Top Estimates, L Brands Misses Thursday, 11 Jul 2013 | 10:55 AM ET
    Customers shop at a Costco store.

    Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.

  • 'Bernanke put' fails, leaving bond traders fuming Thursday, 11 Jul 2013 | 10:16 AM ET

    Who would have thought Fed chief Ben Bernanke's comment about "highly accommodative policy" would cause this kind of rally? Now, there are a clutch of angry traders.

  • Consumers Keep Retailers Humming as Sales Rise Thursday, 6 Jun 2013 | 11:42 AM ET

    Major retail chains reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.

  • Frugality Drags Retail Sales, Boosts Discounters Thursday, 9 May 2013 | 9:07 AM ET

    A number of top U.S. retailers reported disappointing April sales as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.

  • Freddie Mac Sues More Than a Dozen Banks Over Libor Wednesday, 20 Mar 2013 | 12:03 AM ET
    Freddie Mac

    U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.

  • Are 'Three Gorges' the New 'Fiscal Cliff'? Thursday, 3 Jan 2013 | 9:41 AM ET
    Taroko Gorge, Taiwan

    Forget the rally; all the headlines were about fears of the looming mini-"fiscal cliff" coming. Let's agree on one thing: get rid of the word "fiscal cliff." So 2012. We need a new term.

  • Retail chain revenue comparisons for October Thursday, 1 Nov 2012 | 2:41 PM ET

    Bon-Ton Stores Inc. 3.7 pct. Stage Stores Inc. 6.5 pct. Costco Wholesale Corp. 7 pct.

  • By Rick Rothacker and Jed Horowitz. Oct 12- Wells Fargo& Co's. The No. 4 U.S. bank by assets has expanded in mortgage lending while others such as Bank of America Corp.

  • Oct 12- Wells Fargo& Co reported record quarterly profit on Friday on a surge in mortgage lending, but revenue and a key banking measure fell short of analysts' estimates, sending shares down 3.3 percent. Wells Fargo posted third-quarter earnings of 88 cents per share, topping the analysts' consensus estimate of 87 cents, according to Thomson Reuters I/B/E/S.

  • Oct 12- Wells Fargo& Co reported a 22 percent increase in its third-quarter profit on Friday on a surge in mortgage lending, but fell short of analysts' revenue estimates. Wells Fargo posted earnings per share of 88 cents, topping the analysts' consensus estimate of 87 cents, according to Thomson Reuters I/B/E/S.

  • Oct 12- Low interest rates both hurt and helped third-quarter earnings at Wells Fargo& Co, boosting mortgage lending but squeezing core profitability more than analysts expected.

  • --$138.9 million class A-1 at' AAAsf'; Outlook Stable;-- $866.3 million class A-2 at' AAAsf'; Outlook Stable;-- $1.0 billion class X1 at' AAAsf'; Outlook Stable. Freddie Mac SPC K-015 represents a pass-through interest in the corresponding class of securities issued by FREMF 2011- K15.

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