Home Depot founder Ken Langone pressed House Minority Whip Steny Hoyer during a heated debate Tuesday on CNBC over Washington's bitter politics.» Read More
NEW YORK, Dec 6- Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers from Wal-Mart Stores Inc to Neiman Marcus, and car makers, a red flag for investors who have ridden a sector rally all year.
"I still see some great opportunities out there," says Peter Dixon, manager of Fidelity Select Retailing fund.
Sales that began Thursday continued through Friday. Many people complained about the early start, but still they went out shopping anyway.
"There's a few areas where we think there are tailwinds to help us along," BlackRock's David Cassese says.
U.S. stocks rose Tuesday, with the Dow and S&P headed to record finishes.
The storm may be a headache for Thanksgiving travelers, but retailers will benefit from colder weather this year, an analyst said.
“Retail has become downright treacherous,” said Cramer. Stocks that should be doing quite well just aren’t.
Investing is a bit like an Ellery Queen mystery. If you can follow the clues you should find what you're seeking - upside.
High-end retailers are doing well, but low-end stores are cautious and very promotional.
Spending on gift cards is expected to reach a record high this year, as shoppers search for practical gifts.
If you’re looking for opportunity, Cramer says the latest Home Depot earnings are rich with ideas. Curious?
The "Fast Money" traders share their final trades of the day.
*J.C. Penney shares jump after results. J.C. Penney shot up 7 percent to $9.32. The results indicated that a turnaround of J.C. Penney is starting to "take hold," Chief Executive Myron Ullman told analysts on a call.
*J.C. Penney shares jump after results. NEW YORK, Nov 20- U.S. stocks rose on Wednesday after an economic report showed the annual inflation rate remains subdued, giving the Federal Reserve room to keep its stimulus measures in place.
No. 2 home improvement chain Lowe's reported a rise in quarterly profit and raised its outlook for the current fiscal year on Wednesday.
*J.C. Penney shares jump after results. NEW YORK, Nov 20- U.S. stocks edged modestly higher in early trading Wednesday after data on spending and inflation gave the Federal Reserve room to continue its market-friendly economic stimulus.
Nov 20- Lowe's Cos Inc reported slightly lower-than-expected quarterly earnings and gave a disappointing fiscal-year outlook, underscoring the No. 2 home improvement retailer's struggle to catch up with market leader Home Depot.
Minutes from the Federal Reserve's October meeting could help determine the course of interest rates for the rest of the year.
Wednesday's news came the day after strong results from larger rival Home Depot Inc, which increased its forecast for the year for the third time in three quarters as rising housing prices encouraged more people to invest in their homes.
Retail shoppers are polarizing, gravitating to discounters and luxury stores. Traditional middle-class outlets like department stores could lose out.