Some of Friday's midday movers:
Jones Group has agreed to be bought by Sycamore Partners for $1.2 billion, the latest purchase of a fashion company by the private equity firm.
Some of the names on the move ahead of the open.
*Now sees FY rev $3.79- $3.82 billion vs prior $3.8- $3.9 bln. Oct 24- Jones Group Inc, the apparel company behind such brands as Nine West and Jones New York, lowered its full-year sales forecast on Wednesday, saying it expects shoppers to continue to demand bargains during the holiday season.
Oct 24- Jones Group Inc, the fashion company behind such brands as Nine West and Jones New York, reported a higher quarterly profit before special items, helped by a rise in sales to U.S. department stores that helped it overcome a steep drop in business at its own stores in the United States. Sales of shoes to chains such as Macy's Inc rose 10.1 percent.
*Warnaco, VF Corp, PVH Corp likely bidders- source. By Juhi Arora and Siddharth Cavale. Oct 10- Premium jeans maker True Religion Apparel Inc, hit by falling sales after a series of fashion missteps, said it may sell itself after attracting interest from potential buyers.
By Juhi Arora and Siddharth Cavale. Oct 10- Premium jeans maker True Religion Apparel Inc, which has been hit by falling sales after a series of fashion missteps, said it may sell itself after receiving interest from potential buyers. Shares of the company jumped as much as 25 percent to $26.25 in early trading on Wednesday, valuing it at about $680 million.
Europe’s economy and changes at J.C. Penney may give the weather blame game competition when retailers release their upcoming sales and earnings reports.
Jim Cramer’s researcher, Nicole Urken, takes a look at why it is just too tough to come into JC Penney right here.
But it isn't all rosy: just look at Philips Electronics, which was down 4 percent...
Take a look at some of Tuesday morning's early movers.
Cramer makes the call on viewers' favorite stocks.
It's down to...Slovakia? European stocks and U.S. shares slipped late morning on word the vote in Slovakia on approval of the European Financial Stability Facility expansion was looking a bit more doubtful.
As we head into the thick of retail earnings season the threat of higher input costs is still weighing on investors’ minds. Most retailers were forced to start passing through select price increases in Q2, and we will hear just how that went over with the consumer as earnings hit the tape. While it is early in the game indications are so far so good.
To find out, Cramer tries this apparel maker's stock on for size.
The first quarter is now behind us and as retail earnings start to trickle out, the S&P retail index is hitting new highs.
Here's why you should keep a close eye on these six stocks.
For as long as there have been bedrooms, there have been products built on the promise of enhancing consumers “performance” in them. Now two former women’s basketball coaches are putting a different spin on the concept.
Unusual bifurcation in global markets today: Asian markets down across the board (many are in correction mode, more on that later), European markets up across the board. German IFO business confidence jumped the highest since April; a similar survey in France was also strong. Also: Street applauds GE earnings.
And replace them with two of Cramer’s favorites.