J.C. Penney said it is pursuing the potential sale and partial leaseback of its headquarters building in Plano, Texas in an effort to cut costs.» Read More
Consumers enticed by warmer weather and glimmers of hope for the economy bought a few more items in April, helping discounter Wal-Mart Stores and many mall clothing chains post better results for the month than expected.
The rally continues. Bulls are arguing this morning that today's data supports the current rally.
As we get better economic news, stocks set the bar higher. I noted this morning that "less bad" was no longer good enough to move stocks forward, the new standard is "much less bad," and even that may not last long.
For stocks, May is "show-me time." For the past month, there has been an asset class trade: out of cash and into high-beta stocks like tech, financials, and consumer discretionary.
As mentioned earlier this week, a number of companies this week have signaled some stabilization in conditions, with some even hinting of a bottom.
You didn't think we forgot did you? In this Web Extra you'll find all the day's pops and drops!
Is there a floor under the market? Stocks this week are acting like there is. Forget about financials, this is the week when big industrial names are reporting, and as anticipated the guidance is cautious.
The resilience of the market has been a puzzle to many who thought Monday's selloff was a sign the stock market would finally give up on its six-week rally.
Plus, Cramer's favorite foods stocks and more.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
Wal-Mart stores says U.S. same-store sales rose 1.4 percent in March as consumers continued to hunt for bargains and bought necessities, such as groceries. But the results are below Wall Street expectations.
Warren Buffett's Berkshire Hathaway issued a news release a short time ago to announce the Chairman and CEO of one of its jewelry retailers "has decided to resign effective today." Beryl Raff replaces Marvin Beasley as the top executive at Helzberg Diamond Shops. There's no mention of why he's resigned or his performance as CEO.
The Dow advanced Wednesday as factory and home sales data raised hopes the economic downturn is moderating, at least somewhat.
Monthly sales reports due out from more than 50 retailers for March should show signs of stabilization in the sector. Dana Telsey, Telsey Advisory Group chief research officer, talks about what to expect from retailers in the latest batch of sales reports.
J.C. Penny Company is pushing up to its highest level in months, but the largest options activity is setting a floor on the retailer.
Investors are holding their breath ahead of same-store sales figures, most of which are due Thursday. What’s the trade?
Stocks started to claw back in the final hours of trading Friday after fears of nationalization smacked banks and sent the Dow to its lowest point in more than 10 years.
The Oscars aren't just the biggest night of the year for film buffs and the celeb-obsessed, they're also one of the biggest annual events for advertisers, second only to the Super Bowl.
European banks are notably weak, and several large U.S. banks like Citi and Bank of America are down 10 percent pre-open. Gold stocks are again trading up 2 to 5 percent.
Stock index futures pointed to a weak open Friday with banks set to take a hammering on growing fears of nationalization for Citigroup and Bank of America.