GE's credit card unit, Synchrony Financial, raised $2.88 billion in its stock debut, making it the largest IPO of the year so far.» Read More
Stocks finished sharply in the red Thursday, with the Dow down triple digits, weighed down by disappointing earnings from a handful of retailers and weak economic reports.
May 15- J.C. Penney Co Inc reported a rise in comparable store sales for the second consecutive quarter, helped by demand for household goods and men's and women's clothing, sending the company's shares up more than 25 percent in after-hours trading.
Check out which companies are making headlines after the bell Thursday:
May 15- Department store operator J.C. Penney Co Inc reported a 6.3 percent rise in first-quarter sales, helped by strong sales of household goods and men's and women's apparel. J.C. Penney shares rose 15 percent to $9.67 in after-hours trading on Thursday.
JC Penney reported a quarterly loss and revenue that beat analysts' expectations on Thursday.
U.S. stock index futures shaved their losses following a better-than-expected jobless claims report, though disappointing earnings from Wal-Mart weighed.
Markets will navigate a series of economic reports while traders worry the lowest bond yields in seven months could sting stocks.
Tuesday's midday movers:
Alibaba is taking a tougher line against counterfeits sold on its online marketplaces as it heads towards a U.S. stock listing.
Minority businesses make up almost 15 percent of the 28 million small businesses and employ 5.9 million workers. What's driving the growth?
U.S. stock index futures signaled a higher open on Monday, after the Dow Jones's all-time high close on Friday.
Parents and the purchasing power they represent are also shying away from teen retailers, as they seek value when making purchases for their kids.
In the week ahead, Monday and Wednesday could be kinda big. Are you ready?
Traders await retail sales, inflation data and retailer earnings, but it's the stock market's own behavior that could be most key in the week ahead.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Some of the names on the move ahead of the open.
Target CEO Gregg Steinhafel's name has been added to the list of retail execs caught in a nasty game of musical chairs.
Built a powerfully appealing American brand around idyllically well-organized, simple and tasteful domestic life In an era of tumultuous change.
Virtually every Pershing Square Capital investment appears to have made money this year.
Physical stores and the malls that house them are aiming to bring the ease of online shopping to the real world.