Jim Cramer says this week was the most amazing transformation he has ever seen before. But can the bull continue to dance?» Read More
NEW YORK— The stock market closed out its best week of the year Friday as big gains by retailers and technology companies pushed major indexes higher. Stocks faded as Friday wore on, but they still finished higher. The index climbed Monday and Wednesday as the U.S. market didn't seem to be affected by a string of unsettling international events, including last...
Nov 20- Abercrombie& Fitch Co's quarterly same-store sales fell less than expected and its profit more than doubled as the teen apparel retailer boosted gross margin by offering fewer promotions and controlling costs. The company's shares surged 17 percent to $22.80 in early trading on Friday. The company hired top designers from brands such as Ralph Lauren...
Retail stocks have had it rough lately, but with the crucial holiday season ahead, Goldman Sachs says investors aren't nervous enough.
Bidders have found little appeal in disfavored retail stocks, even as chains sink to valuations that were appealing in the past.
Jim Cramer explains why Target didn't exceed earnings expectations.
CHICAGO, Nov 18- Target Corp on Wednesday reported a higher quarterly profit and raised the low end of its fiscal-year forecast, but its shares fell nearly 5 percent because of slower growth in online sales and margin pressures. Macy's Inc and Nordstrom Inc have reported similar problems. Target's gross margins were slightly lower than a year earlier because of...
As earnings create an uncertain outlook for the U.S. consumer, "Fast Money" traders are sticking with what has worked this year.
“Mad Money” host Jim Cramer thinks this sector is ready to bounce back when the Fed raises rates.
Jim Cramer puts the pieces of the retail puzzle together to explain why consumers seem so confused lately.
Nov 17- TJX Cos Inc, the owner of off-price chains TJ Maxx and Marshalls, reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and household goods. TJX also raised its comparable sales growth forecast for the year ending January, indicating healthy demand for the...
Tuesday's earnings reports dispelled some fears that consumers are keeping their wallets clamped shut as the holidays approach.
Looking for a great holiday season deal? These battered stocks may be offering the biggest discount of all.
Jim Cramer rattles off his take on caller favorite stocks, including this real estate play that makes him nervous.
Saks is betting that shoppers still care about glamour with a $250M restoration of its Fifth Avenue flagship store, the New York Times reports.
Oil once more has the stock market over a barrel, and it will likely be a major focus for markets in the week ahead.
*Paris attacks add to market jitters late. U.S. stock index futures hit session lows after the close on Friday after France was rocked by multiple, near simultaneous attacks around Paris. October retail sales weighed on U.S. stocks for much of the day, with Wall Street capping its worst week since August, and dragged U.S.
*Cisco's forecast drags on tech stocks. Nov 13- Wall Street fell sharply on Friday and capped off its worst week since the dark days of August, hurt by a selloff in technology companies, while department stores dropped on concerns about the upcoming holiday shopping season. Dow component Cisco dropped 5.8 percent after it gave a flimsy forecast, citing a slowdown...
Retailers are getting clobbered today, but don't miss the key story.
U.S. sovereign bond yields sank on Friday, as volatility in stocks has revived safe-haven demand for government paper, ahead of October retail sales data.
*Cisco's forecast drags on tech stocks. Nov 13- U.S. stock indexes fell sharply on Friday, weighed down by a selloff in technology companies after a disappointing forecast from Cisco, while department stores dropped on concerns about the key holiday shopping season. Dow component Cisco fell 6.4 percent after it gave a weak forecast, citing a slowdown in orders and...