Marvin Ellison takes over as JC Penney's new CEO as the company faces challenges in retail from foreign competition and e-commerce.» Read More
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!
What follows is a roundup of corporate earnings reports for November, Nov. 13.
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.
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.
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..."
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.
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.
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.
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.
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.
Investors are cautiously optimistic about same-store sales results due Thursday. But could there be surprises coming?
Remember how bad things were last year? Then stop crying about one bad week in the markets.
Of the major indexes, the Nasdaq fared the worst on Tuesday. Is the tech trade over?
Plus, get calls on retail, sovereign wealth funds and more.
Plus, could eBay save the Sunshine State from its housing collapse?
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.
Kohls vs. JC Penney: battle of the titans. Interesting backstory on the battle between mid-priced department stores.
Commodities and commodity stocks higher pre-open on Alcoa earnings. While Alcoa is getting all the attention, Australia is again helping Asian markets due to a much better than expected jobs report there...Australia reported an increase of 40,600 jobs in August versus a forecast of a drop of 10,000 jobs.
The SPDR S&P Retail has gained about 6% over the past month. As we head into same-store sales data, what should you expect when the numbers are released, Thursday?
September retail sales: improving, but is it enough? September same store sales, out tomorrow, are expected to decline by 0.8 percent year over year, according to RetailMetrics.