Prudential Insurance will take over J.C. Penny's administration and benefit payments to retirees to cut its pension obligation.» Read More
Happy Friday! With a parade of major retailers and some smaller tech firms on tap to post earnings next week, check out what analysts expect and how to trade some of the top companies.
Check out which companies are making headlines after-the-bell Thursday:
April’s weak same-store sales may be due to several seasonal factors, but analysts warn the reports could be a wake-up call for investors to be more selective on the heels of the sector's recent rally.
With the early start of spring and Easter behind us, retail sales have slowed in April, with many retailers falling short of analysts' estimates.
European stocks dropped, the euro rose as European Central Bank chief Mario Draghi spoke. Draghi said that the latest spate of weak economic data highlighted the "prevailing uncertainty."
J.C. Penney has seen some bullish activity recently, and one big investor is betting that a rally may come even sooner as the company reports earnings.
Europe’s economy and changes at J.C. Penney may give the weather blame game competition when retailers release their upcoming sales and earnings reports.
Cramer makes the call on viewers' favorite stocks.
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The 10 highest-paid CEOs were paid an average of nearly $90 million dollars, when all of an executive’s compensation is considered. So, who were the highest paid CEOs of the year?
UBS has a ‘Buy’ rating on only one department store. Know which it is?
Stocks closed higher Wednesday, helped by an upbeat start to earnings season and the Fed's latest Beige Book report, giving investors a chance to breathe a sigh of relief following a string of declines.
It’s going to take more than a new CEO to fix Best Buy’s problems, but at least it’s a start. At best, it’s a signal the board is getting ready to be more aggressive about shaking things up and reinventing the brand.
Can we blame Brian Dunn for Best Buy’s current woes? While many are pointing to Dunn’s shortcomings as a CEO, it's important to look at history and see that he inherited a lot of the company's current troubles.
Although the growth in CEO compensation slowed last year, the pay numbers are still eye-popping. The New York Times reports.
Retailers turned in very solid gains in March, but the big question now is: can the momentum continue?
March retail sales strong: March same-store sales up 3.9 percent, well above estimates of 3.3 percent, according to RetailMetrics. Now for the bad news...
Best Buy's decision to close 50 of its U.S. stores and focus on its Geek Squad service company through 100 small mobile locations in fiscal 2013 is the latest example of how the "big box" is struggling against digital competition.
Retail needs to adapt or die. That was the call to action sounded by Eddie Lampert, founder of ESL Partners, which controls about 60 percent of Sears Holdings, in an interview with CNBC Wednesday. In a rare media appearance, Lampert said the changes in the retail industry have been great for the consumer, but there is a question about whether it has been great for business.
What should you make of Danaher and Starbucks as these stocks touch new 52-week highs?