The Fast Money Traders discuss the stealthy rally in retail. » Read More
He's got his list. And, he's checking it twice. He's not Santa. He's not on a buying spree. Wall Street Strategies Retail Analyst Brian Sozzi has been surfing the malls in and around the New York City metropolitan area. Sozzi, who is rated five stars by Starmine for accuracy, has been doing this every weekend this season.
Critics say more studies are needed on the effects of formaldehyde in textiles, including a closer look at the effects of cumulative exposure, the New York Times reports.
Retailers are adding features like aromas, photos and recorded messages to make gift cards more attractive.
Americans may be rare in Iran, but American products find their way into the country, despite international sanctions, through a tiny Iranian resort island called Kish.
Even if Google doesn't buy Groupon, the talk of a potential multi-billion dollar deal has created buzz for both the group buying site and its rivals. While Groupon and rival LivingSocial are by far the most popular in the emerging space, they aren't alone, and some suspect other sites such as SocialBuy, Tippr, and BuyWithMe could also be ripe for a takeover.
Stocks rallied for second consecutive day following upbeat economic reports that revived hopes of a stronger U.S. economy and news the European Central Bank was buying euro zone debt. Home Depot and Alcoa rose, while Kraft fell.
Stocks continued their December rally Thursday, led by banks and homebuilders, following a handful of positive economic reports that revived hopes of a stronger U.S. economy and news the European Central Bank was buying euro zone debt. Home Depot and Alcoa rose, while Cisco fell.
Stocks gained after a surprisingly upbeat report from the housing market and as a stream of stronger-than-expected retail sales reports signaled a bright start to the holiday season. Bank of America and Home Depot rose.
November's monthly sales reports showed there were plenty of reasons for retailers to be merry as the critical holiday shopping season got underway.
S&P futures had dropped a point or so as initial jobless claims for the week came in a bit heavier than expectations, 436,000 vs. 422,000 consensus. Prior week was revised upward to 410,000, from 407,000. Also: good news, nad news for retail.
U.S. futures fluctuated after a unexpected rise jobless claims, and news that the European Central Bank would not be increasing its government bond purchases. But the market gained some support from stronger-than-expected retail sales reports. .
Monthly sales reports from retailers in November are expected to be strong, fueled by early holiday promotions and strong sales over the Thanksgiving weekend. A breakdown of the expected results.
Here's why you should keep a close eye on these six stocks.
Stocks struggled to end in positive territory but ended down as sovereign debt concerns in the euro zone kept a check on gains throughout the session. News that the Obama administration will work with Republicans on the tax dispute gave a brief lift to stocks. BofA and Procter & Gamble fell.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
This holiday season Groupon's business is set to explode. As shoppers hunt for deals, social coupon sites offer a unique appeal: fifty percent plus discounts, limited quantity and limited time offers to create an air of exclusivity and incentive to buy now.
The traders suggest keeping a close eye on the retailers after JCrew confirmed reports that it is being bought by a pair of private equity groups.
Sure, there are a slew of black Friday TV commercials and you'll be inundated with glossy newspaper insert ads. But that's not all retailers are doing this year to get your attention — everyone from big box stores to boutiques is pulling out all the stops to deliver deals directly to consumers, to compel them to spend.
After J Crew said it's agreed to go private, investors are speculating on which retailer will be taken out next. Here's Cramer's take.
European stocks have closed on the lows of the day. This may help US market: European institutions should be done selling stocks and the euro...this may help lift the euro and weaken the dollar.