Teens are shopping, but their back-to-school wish lists have changed. Many are mixing designer handbags and fast fashion, making it tough on traditional teen retailers.
A group of investors, including Chinese real estate tycoon Zhang Xin, paid about $1 billion for a New York office building in the latest sign of a U.S. commercial real estate market recovery.
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
Some of the names on the move ahead of the open.
It's been a mixed picture for pure luxury retail recently, but many consumers are finding value in off-price luxuries at outlet malls.
Sears executives tried Wednesday to ease concerns about the troubled retailer's long-term outlook amid ever-sinking sales, emphasizing the company's financial strength, increased liquidity and prospects to boost operational results.
Check out which companies are making headlines after-the-bell Tuesday:
While hedge funds on average are having another lackluster quarter, there may be one group of them that’s still shining.
Stocks ended narrowly mixed in another lackluster session Friday as investors hesitated to remain long ahead of the weekend, but the major indexes still posted gains for the week with the S&P logging its best finish since June 2008.
The headwinds that plagued the merger and acquisition market in 2011 are turning into favorable tailwinds for this year.
The internet has become a very merry money maker this holiday season.
Bill Ackman can always be relied on to provide a little excitement in investing circles. His lunchtime presentation at CNBC and Institutional Investor’s Delivering Alpha conference today will be no exception. The founder and CEO of hedgefund Pershing Square Capital Management will unveil his latest investing idea.
Hedge fund manager Bill Ackman, whose past investment disclosures have moved markets instantly, left whale watchers perplexed this time around.
Cramer makes the call on viewers' favorite stocks.
AIG is a company with a positive long term outlook, Bruce Berkowitz, founder and portfolio manager of Fairholme Capital Management, and the largest private shareholder, 32.7 percent, of outstanding shares in AIG after the US government, told CNBC on Wednesday.
Americans are passionate about shopping and the latest data makes it clear that they are embracing the online model in record numbers.
It's been an extremely choppy year for markets, and hedge funds have been no exception. Even though the S&P is on pace to be up about eleven percent, many hedge funds are lagging, with the industry average hovering closer to 4 percent, according to hedge fund research. Nonetheless, there were some standout performances.
In a month that was supposed to be one of the toughest for hedge funds, Pershing Square Capital Management reportedly saw a 12.2 percent net gain—and a 15 percent gain before fees.
With the sovereign debt crisis in full bloom across much of Europe, some companies are shifting focus on this extreme amount of distress in search of opportunities.
Stocks fell in the last few minutes of trading Monday to close mixed despite being higher most of the day after an upbeat retail sales report, and news that firms were beginning to spend cash on acquisitions. Caterpillar rose, Disney fell.