J C Penney Company Inc
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JC Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney." They appeared to return the favor, at the company's shareholder meeting.
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Ahead of next week's Pixi release, speculation is heating up that Palm is about to be gobbled up. How are options traders betting?
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Stocks clawed higher Friday as solid earnings from Disney and JCPenney helped offset worries about a drop in consumer sentiment. It was a wobbly morning but by midday, the Dow was up more than 100 points, or 1 percent.
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Retail and tech spending appear to be showing modest boosts, and that has been a major driver of stocks.
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Stocks wobbled Friday as investors juggled a drop in consumer confidence against solid earnings from Disney and JCPenney. They started the day higher, then retreated, then made another push higher.
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Germany and France both saw their second straight quarter of growth in their GDP (0.7 and 0.3 percent, respectively) as it looks like the recession is over in Europe. Heck, even Italy posted a positive GDP!
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What follows is a roundup of corporate earnings reports for November, Nov. 13.
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Thursday's losses notwithstanding, Wall Street's major averages enter the Friday session with a chance to finish off their second consecutive week of gains.
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The so-called 'risk trade', where the dollar moves lower while risk assets like stocks and commodities move higher, may be unwinding. Retail earnings season continues with JC Penny reporting.
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Find out why one Fast Money pro says, "From here, I expect to see upside resistance and maybe we even hit a ceiling in tech..."
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The weather may be getting colder, but sales for intimate apparel are getting hotter, and Maidenform is feeling the heat, Maurice Reznick, the CEO of the intimate apparel maker, told CNBC.
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With major retail names set to announce earnings this week, the sector will be a major focus of the market. Here are the names to watch from a top analyst.
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For months now, consumers have been hunkering down in an economic storm, buying only what they need to survive, like groceries, diapers, medicine — and shoes. The New York Times reports.
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October retail sales. Now that all the analysts have finished opining to their clients, it's clear there's good and bad news about the direction of retail sales.
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October retail sales generally positive, not as robust as last month, but we don't have the back to school stimulus that we had last month.
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Investors are cautiously optimistic about same-store sales results due Thursday. But could there be surprises coming?
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Remember how bad things were last year? Then stop crying about one bad week in the markets.
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Of the major indexes, the Nasdaq fared the worst on Tuesday. Is the tech trade over?
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Plus, could eBay save the Sunshine State from its housing collapse?
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Home building stocks are recovering from their recent selloff as House Speaker Pelosi is discussing extending--and possibly expanding--the first time homebuyers tax credit. Congressman Rangel is also saying it should be extended.