In the wake of several Wall Street firms downgrading GAP, Pamela Quintiliano, SunTrust specialty retail & apparel, thinks the stock is going nowhere. Adrienne Tennant, Janney Montgomery Scott specialty apparel analyst, believes the stock is a long-term out performer.» Read More
The financial sector's comeback and a more than $6 a barrel drop in oil prices gave stocks and end of the week pick-me up. Still, major indexes finished lower for the week and oil managed just mild gain.
Stocks advanced Friday after a double shot of soothing comments from Federal Reserve Chairman Ben Bernanke and the Oracle of Omaha, Warren Buffett. A $4 drop in oil prices also gave the market a boost. Financials blazed the trail amid speculation of a Lehman takeover.
Stocks advanced Friday after a double shot of soothing comments from Federal Reserve Chairman Ben Bernanke and the Oracle of Omaha, Warren Buffett. A $3 drop in oil prices also gave the market a boost.
Warren Buffett told CNBC that he has no bets against the dollar and stocks are more attractive now than a year ago. This has been a week of reversals: and the Street continues to believe that some kind of federal intervention in Fannie Mae and Freddie Mac is inevitable -- and continues to believe that the market will rally when this announcement is made.
Stock-index futures jumped after Warren Buffett weighed in on everything from the dollar to Fannie mae and Freddie Mac.
In this Web Extra find out which company has gone from trash to treasure after Citi added it to its "Top Picks Live List".
US stocks ended mixed Thursday as a jump in oil prices boosted oil stocks and speculation about a government bailout of Fannie Mae and Freddie Mac, and a possible takeover of Lehman Brothers, gave investors some hope that relief is coming.
US stocks declined Thursday as oil surged and worries about the future of Fannie Mae, Freddie Mac and Lehman Brothers weighed on the market.
US stocks declined Thursday as worries about the future of Fannie Mae, Freddie Mac and Lehman Brothers weighed on the market. Oil surged past $120 a barrel.
Gap announced Thursday that it has named Tom Wyatt, a 30-year retail veteran, as president of its struggling Old Navy chain.
We ran out of time on TV but in this Web Extra get all your Fast & Furious trades for Thursday. Find out how to trade the Gap, Barnes & Noble, nat gas and more!
The "bond kings" gather to comment on the credit crunch while the CEO of BorgWarner says his company has come up with a technology that improves fuel efficiency and lowers emissions for automobiles. Following are today's top videos:
Following are the week’s biggest winners and losers. Find out why shares of Amazon and Apple popped while Union Pacific and U.S. Steel dropped.
Medal Round - Day 3: Despite a down day, the US continues to outperform while India's Sensex has fallen to last place.
It's not quite the Olympics, but retail earnings this week could also be pretty exciting. Here's why...
The Dow made gains on Monday with investors believing the current down trend in oil improves prospects for consumer and business spending.
Early July sales results from retailers have been disappointing, with many falling short of analyst estimates. It also appears that the benefit from tax rebate checks is beginning to wane.
Futures are down nearly 10 points, not surprising given AIG, a strange but generally disappointing retail sales report, and jobless claims higher than expected.
Investors will get a glimpse of how much cash-strapped consumers are willing to spend in the key back-to-school shopping season when major U.S. retail chains release July sales results Thursday.
The most troubling aspect of the business is that they don’t own the intellectual property of many of the brands they made their name on and have lost some of the licensing contracts that once generated so much business for them.