Credit Suisse upgraded the retailer to "outperform" from "neutral," citing the fact that it will lower prices moving forward.» Read More
This holiday season is setting up to be a real nail biter. Most holiday forecasts call for flat or just slightly higher sales than last year. But several factors may tip the scale. On the plus-side: there is a more upbeat mood among affluent consumers as well as a strong appetite for gadgets and electronics. On the downside: there is an uncertain economy, with unemployment stubbornly high, and a consumer who looks at spending quite differently than in the past. What will shift the balance?
Times are tough, and retailers are getting creative, wrapping their marketing campaigns in some unlikely packaging this year, from new “grab-and-go” gift shops at Macy’s to new flexible payment options at Sears.
Black Friday weekend, the Super Bowl of the holiday shopping season, is upon us. But in the frenzy of the weekend, it's easy to fall into some common traps. Here’s a primer on which pitfalls to avoid and tips on how to snag the best deals.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Stocks fell in the last few minutes of trading Monday to close mixed despite being higher most of the day after an upbeat retail sales report, and news that firms were beginning to spend cash on acquisitions. Caterpillar rose, Disney fell.
Stocks fell on Monday as investors recouped from last week's selloff to focus on an upbeat retail sales report, and news that firms were beginning to spend cash on acquisitions. Caterpillar rose, Disney fell.
Stocks gained amid news of strong retail sales in October and acquisitions by Caterpillar and EMC, and despite continuing worries over debt troubles in periphery European countries. Caterpillar rose, while Disney fell.
US consumers are dining out at full-service restaurants with a consistency not seen since the housing market began its long decline four years ago, in a sign that the nation’s middle classes are becoming more confident about the future. The Financial Times reports.
Herein are movers that grabbed the "Fast Money" traders attention this week.
Stocks sank for another day Friday, concluding the worst week for the markets in three months as investor worries about a slowing Chinese economy and debt troubles in peripheral European countries sent materials, energy and other commodities lower. Boeing and Alcoa fell, while Disney and Intel rose.
Stocks declined, with the Dow and S&P on track to closer lower for a fourth day, as investor worries about a slowing Chinese economy and debt troubles in peripheral European countries sent materials, energy and other commodities lower. Boeing and Alcoa fell, while Disney and Intel rose.
Stocks drifted lower after an initial bounce on an upbeat consumer sentiment reading as Stocks drifted lower again, after an initial bounce on an upbeat consumer sentiment reading, as investors worried about the effects of slower growth in China and debt troubles in Ireland and Portugal. Boeing and Merck fell, while Disney and Intel rose.
What follows is a roundup of corporate earnings reports for Friday, Nov. 12.
Stock index futures indicated a lower opening Friday, following weakness in global market on fears of higher interest rates in China and the worsening economic situation in Ireland.
Stocks may take a breather after the past week's drama, as investors assess the new political dynamic in Washington and the effects of the Fed's latest effort to pump up the economy.
Stocks surged to two-year highs on Thursday as all the major indexes rose beyond their closing highs for the year in the wake of the Federal Reserve's decision to buy $600 billion in Treasury bonds to boost the economy and news that President Obama said he was open to extending the Bush-era tax cuts to all income levels. JPMorgan and BofA gained.
Stocks continued to soar to new highs for the year Thursday, with banks getting a boost from news the Fed will allow "healthy" institutions to raise their dividends. BofA and JPM gain.
Stocks gained after President Barack Obama said he was open to extending the Bush-era tax cuts to all income levels. Boeing and Caterpillar gained.
Retailers largely reported better-than-expected sales in October, providing some momentum heading into the Christmas holiday shopping season.