Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers.» Read More
Apparel from Chinese factories is increasingly slipping into the hands of Chinese consumers, who purchase the items at a significant discount from independent sellers on websites like Taobao.com and Chinese eBay. Even shoppers in the US can get in on the deals.
The second estimate for Q1 GDP remained at 1.8 percent growth—that is a disappointment. Almost everyone was expecting the revision to be at least north of 2 percent. Initial jobless claims, at 424,000, was above expectations, another disappointment.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
Stocks climbed to near the highs of the day ahead of the close as investors stepped back into the market to send it broadly higher after all the major indices fell to their lows for the year on Wednesday. HP and Chevron rose, while Kraft fell.
As the Tokyo Electric Power began throwing everything at the reactor problem, Japanese big cap stocks like Sony (SNE) and Panasonic (PC) have been rising (Sony is down nearly 20 percent in the past week), as have big miners like BHP Billiton (BBL) and Rio Tinto (RIO), which are up 3 or 4 percent.
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.
With 4 retail stocks hitting all-time highs ahead of Black Friday, how should you position? Click here and find out. We've updated this post with even more trades!
Stocks finished the session sharply higher Wednesday ahead of the Thanksgiving holiday, following a handful of reports that offered some hope that the U.S. economy was improving.
Stocks were trading sharply higher Wednesday following a handful of reports that offered some hope that the U.S. economy was improving.
With 4 retail stocks hitting all-time highs ahead of Black Friday, how should you position?
Stocks added to gains Wednesday after a handful of economic reports pointed to an improving economy.
S&P futures had popped about 5 points as initial jobless claims were better than expected, and at 407,000 the lowest since July 2008. Also: Luxury retailers keep rolling; Deere falls on mixed earnings; big BP natgas find.
Stocks ended sharply lower Tuesday amid concerns the Irish debt crisis would spread to other euro zone countries and the effects of the crisis in Korea prompted investors to dump risky assets. Microsoft and JPMorgan fell, while HP rose.
Stocks continued to sink as the dollar rose Tuesday as investors grew skittish about the prospects of the Irish debt crisis spreading to other periphery euro zone countries as well as escalating tensions in Korea. Chevron and Exon fell, while HP rose.
U.S. stock index futures remained lower after news of a better-than-expected revision for third quarter Gross Domestic Product as investors added an escalating conflict in Korea to the growing list of concerns dragging market sentiment lower.
Ann Taylor spacer announcing today it's planning to significantly expand its factory outlet footprint. The retailer, which already has 110 outlets, is set to open about 35 new LOFT outlet stores and five Ann Taylor Factory stores in 2011.The new stores expected to generate $75 million dollars in revenue in their first year.
Like the bull market, we haven't seen a big push for faux leather or "pleather" in a long time. But, it's making a comeback. What polyester was to John Travolta in 1977, pleather may be to us in 2010.
Although the European economy appears to have slowed down, Europeans have not curtailed their spending, as Americans have, Maurice Marciano, chairman and founder of Guess?, told CNBC.
Patty Edwards of Storehouse Partners is making a pitch for Big Lots. Does her trade speak to you?