GE's credit card unit, Synchrony Financial, raised $2.88 billion in its stock debut, making it the largest IPO of the year so far.» Read More
Wall Street was poised to open mostly lower on Thursday, despite positive retail sales numbers as the market continued to worry over the battered financial sector.
Options activity in J.C. Penney is spiking , while Annaly worries seem to grow.
Wal-Mart and a number of other retailers have been able to trounce estimates, which had called for the worst February in five years.
The U.S. dollar hit a new low as the Fed's Pianalto says the U.S. economy has stalled. Dollar weakness again helping oil. Jumbo mortgage lender Thornburg Mortgage TMA failed to meet a margin call of about $28 million which has triggered cross-defaults.
U.S. retailers experienced sluggish sales in February, hurt by a weakening economy, high gasoline prices and discounts, according to a study released Wednesday by SpendingPulse.
Gloom about the economic outlook dragged The Dow down sharply. What’s the word on the Street?
Sears Holdings reported a 47.5 percent decline in quarterly profit on Thursday on increased markdowns and lower sales at its Kmart and Sears stores.
Time to sort through the Fast Money in-box and answer more of your questions. Rob from Wisconsin writes, "What’s happening in retail, especially with JC Penney?"
Retailer Macy's posted a better-than-expected quarterly profit on Tuesday despite a drop in sales, sending its shares up 3 percent.
The Lightning Round is extended in this new web-exclusive feature.
With no new economic data to consider, markets on Friday will continue to chew over the issues that have been concerning them all week -- the constricted credit markets, rising inflation and a weakening economic picture.
The Dow saw a decline after new economic data seemed to raise concerns about a sharp economic slowdown and the possibility of recession. What's the word on the Street?
Stocks closed lower as a pullback from $100-a-barrel oil clipped energy stocks and weak economic reports added to investor fears that a recession is looming.
Stocks added to losses as a fall from $100-a-barrel oil clipped energy stocks and weak economic reports added to investor fuels that a recession is looming.
U.S. stocks opened higher Thursday, led by technology shares after some good news for RIM and Cisco, but the market pared gains after a report from the Philadelphia Federal Reserve unexpectedly declined.
Last night, JC Penney unveiled its largest brand launch in company history--which also happens to be Ralph Lauren's biggest bet. Dubbed "American Living," the clothing and homegoods line is centered around the same-preppy aesthetic that Ralph Lauren has mastered but the price points are far from the high-end ticket prices that usually accompanies any RL project.
Oil dropped about $0.60 after Boone Pickens said that he was short oil on our air. Natural gas also dropped, as he said he was short that also. However, gold, platinum, and palladium are once again at new highs this morning, and it's not just those: soybeans, steel, freight, iron ore, coal, are all at highs.
J.C. Penney reported a smaller-than-expected fall in quarterly profit after the mid-tier department store operator helped offset falling sales with tight control on expenses.
Creeping credit worries and fears of inflation were pushed aside Wednesday afternoon, but those issues will continue to dog markets Thursday.
Stocks snapped a three-day losing streak Wednesday as H-P earnings inspired investors to think long term.