Stocks turned higher after Federal Reserve Chairman Ben Bernanke indicated the central bank would continue to stimulate the economy, even amid signs of growing strength in the U.S. economy. Cicsco and Bank of America rose, while Merck fell.
Stocks fell Thursday as investors weighed strong signs of an economy on the mend against increasing worries over Egypt and signs pointing to an end to the recent rally. Merck and Alcoa fell, while Bank of America gained.
Fears that winter weather would result in disappointing retail sales may have been overblown, as several retailers have not only reported better-than-expected monthly sales reports, they are also raising fourth-quarter earnings estimates.
January retail sales surprise mostly to the upside, with little whining about the weather. They did it again: despite a lack of clearance inventory, tough comps, and snowstorms, most retailers posted gains in January.
Gap's North American President Marka Hansen is leaving the company after 24 years, effective Friday, following a weak holiday season by the clothing brand.
Stocks ended sharply higher as the Dow and the S&P 500 hit new multi-year highs, easily erasing losses from Friday's sharp sell-off on turmoil in Egypt as investors focused on upbeat earnings and economic news.
Stocks added to solid gains on Tuesday, pushing the Dow and S&P 500 to multi-year highs, as the market easily erased losses from Friday's sharp sell-off in the wake of turmoil in Egypt as investors focused on upbeat earnings and economic news. Pfizer and Alcoa rose, while P&G fell.
As a winter storm stretches across two-thirds of the US, it is worth reflecting just how bad Old Man Winter has been treating us and what impact this will have not only on retailers, but also on the economy.
There are two events this week that underscore why many retail analysts aren't offering a full picture of the retail industry: Apple's earnings report and LivingSocial's deal with Amazon.
The news that Starbucks is dropping the company name and the word "coffee" from its logo set off a media firestorm.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Despite those strong sales gains, why aren’t their stocks moving much to the upside?
Despite reporting some of the strongest sales gains in four years, retailers largely fell short of Wall Street's estimates as a still-cautious consumer spent their money carefully, and a Northeast blizzard stole from post-Christmas sales.
Heading into Thursday's batch of retail sales reports, expectations are high that retailers will report their strongest sales in four years. However, as BJ's Wholesale's report showed Wednesday, there are sure to be some misses here and there.
Stocks ended just below record two-year highs with solid double-digit gains for the year after a quiet New Year's eve session that ended with the major indexes narrowly mixed. Alcoa and American Express rose, while Hewlett-Packard fell.
Stocks turned negative in the final minutes of trading, but were on pace to end the year just below record two-year highs with solid double-digit gains for the year amid thin New Year's Eve trading. Alcoa rose, while Hewlett-Packard fell.
Patty Edwards of Trutina has spotted some curious insider selling at the Gap.
Liz Claiborne drew upside options for the second day in a row as the apparel retailer followed the rest of the sector higher this holiday shopping season.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.
Stocks traded narrowly mixed amid thin trading and a lack of economic news as stocks struggled to move beyond recent highs. 3M and Alcoa rose, while AmEx fell.