A Hong-Kong entrepreneur spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.» Read More
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?
The Dow lost its grip on 10,000, ending near session lows Thursday as trading was light and investors braced for two events Friday: the latest reading on second-quarter GDP and a speech by Fed Chairman Ben Bernanke.
Stocks retreated Thursday after an early pop following a report that showed jobless claims fell last week.
Guidance for FY 2011 is for operating profit growth better than 2 percent. But with North America still contributing about 40 percent of the profits, even that lackluster guidance may not be a slam dunk.
U.S. stock index futures pointed to a slightly higher open Thursday on the back of a positive close for the major indexes in the previous session, as investors braced for the government's weekly read on jobless claims.
Forget those doctors of doom and gloom, the better market 'tells' may involve corn dogs and Opryland. We're not kidding!
As Europe struggles to contain financial woes, will the uncertainty force Corporate America to broadly reduce earnings estimates?
Wall Street limped to the finish of an ugly May, dropping on European debt fears and lackluster economic news, though stocks were well off their lows heading into a holiday weekend.
Italy successfully auctioned 3, 7, & 10 year notes Friday, which should further calm markets. Bottom line: for the moment, it appears that European countries can access capital markets, with the possible exception of Greece. Now they just have to sell the austerity programs. Also: Sell in May and go to..?