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The Dow crossed the psychologically important 11,000 mark as investors anticipated the weak jobs report will prompt the Federal Reserve to spur economic growth. Alcoa and Caterpillar rose, while Verizon fell.
Bill Ackman, the noted activist investor with a noticeably mixed track record when it comes to investing in retail is at it again.
Welcome to the new reality: consumers want to—or have to—pay in cash, and that means it's time to starting pinching pennies to save up for holiday gifts.
A late burst of back-to-school shopping helped many U.S. retail chains to top analysts' estimates in September.
September same store sales are in, and the vast majority have to be pleasantly surprised... How surprised? Overall, September same store sales are up 2.7 percent, versus expectations of 2.3 percent, according to RetailMetrics.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
A late burst of back-to-school shopping will likely help sales at U.S. retail chains in September, according to the latest analyst forecasts.
With September coming to an end today, here is a look at the best and worst performing stocks within the major US averages, as of yesterday's close.
Like the bull market, we haven't seen a big push for faux leather or "pleather" in a long time. But, it's making a comeback. What polyester was to John Travolta in 1977, pleather may be to us in 2010.
Stocks ended higher Friday, continuing a September rally despite trading with uncertainty most of the week. Caterpill and United Technologies rose, HP and JP Morgan fell.
Companies here in China’s industrial heartland are toiling to reinvent their businesses, fearing that the low-cost manufacturing that helped propel the nation’s economic ascent is fast becoming obsolete. The NYT reports.
Stocks snapped a four-day winning streak as the Dow and S&P fell after struggling with direction much of the day despite signs of strength in the U.S. economy. Boeing and American Express fell, while HP rose.
Stocks slipped lower minutes before the close after struggling with direction much of the day despite a strong report on retail sales. HP and Cisco rose, Boeing and American Express fell.
Stocks added to gains led by technology and retailers after a stronger-than-expected rise in business inventories and a gain in retail sales that was slightly better than expected. HP and Cisco rose, Boeing fell.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
The majority of the nation's largest retail chains are planning to hang up "Wanted" signs this holiday season as they either hold seasonal hiring steady compared with year-ago levels or increase the number of workers they are seeking, according to a recent study. But this finding isn't as encouraging as it may seem at first glance.
In the 2002-03 school season, Boise State made about $70,000 in gross royalties from merchandise. Last season, that number had increased ten fold to more than $700,000 after increased exposure from big time wins over Oklahoma in the 2007 Fiesta Bowl and over TCU in the 2010 version of the game.
Retailers turned in surprisingly strong monthly sales reports in August, as sales-tax-free holidays and discounting coaxed shoppers to open their wallets and stock up on back-to-school items.
August same-store sales better than expected. Maybe those tax-free sales days made a difference: 17 states had at least one tax-free weekend in August, up from 13 last year, including big states like Florida, Illinois, and Massachusetts, and it looks like they made a difference.
Discounters and department stores are expected to fare well when retailers issue their monthly sales reports Thursday, as consumers look for one-stop shopping to stock up on school supplies and clothing. Which retailers are heading to the top of the class? A look at analysts' estimates.