We are in the meat of earnings season for retailers, and there are very clear winners and losers emerging.» Read More
Greece will sell about 5 billion euros of 10 year bonds (at about a 6.3 percent yield) — it is well oversubscribed. They need to refinance up to 23 billion euros of maturing debt coming in the Apr/May time frame. 2. Retail sales for February have topped expectations. 3. Wal-Mart increased its dividend to $1.21 from $1.09 per year. Over 60 companies in the S&P 500 have increased their dividend since the start of the year. 4. A bankruptcy judge gave the management of General Growth Properties won a four month extension to keep control of the bankruptcy restructuring.
Expectations very low for February, given the huge snowstorms in the Northeast. But analysts who actually bother to call around to the stores (there's still a few who do real research) are generally reporting that sales are a bit better than exepected.
Volume looks to be a little light early on today, but the news flow is not: Overnight, futures were slightly higher until the IFO Business Sentiment Survey came out in Germany. It was worse than expected. In the U.S., Wall Street will focus on Case-Schiller in the housing sector and consumer confidence. Both Toyota and Greece continue to have a presence...
Over the next few weeks, I feel confident that’s how investors will make money, says veteran trader Gary Kaminksy – with contrarian trades.
US stock index futures pointed to a slightly higher open for Wall Street Monday, following the best weekly gains for the Dow and the S&P 500 in more than three months.
What follows is a roundup of corporate earnings reports for Monday, Feb. 22.
Cramer examines two key reasons why things are going the right way at the banks.
Wal-Mart reported sales that fell short of Wall Street estimates and said results for the current quarter could miss analysts' views. What do the numbers mean for consumers and retailers overall? Eric Beder, associate director of equity research at Brean Murray, Carret & Co. shared his insights.
After years of declining sales, the fragrance industry is banning together to try and revive sales. Do they have the right mix to breathe new life into this struggling business?
Forget Goldman Sachs, if you’re looking for hot stocks we’ve found a brokerage that’s currently the best in the business!
Luxury retailers are showing signs of life after being bludgeoned by The Great Recession, with companies from Saks Fifth Avenue and Nordstrom to Tiffany, churning out respectable sales increases during the holiday season.
The recession has made the luxury customer even more demanding, said Steve Sadove, chairman and CEO of Saks. The luxury customer continues to love their favorite brands, but wants them at lower prices, or at least wants to understand why the product commands the price.
Friday's jobs report is the first big economic report of the new year and as such, it heralds what could be the first really big trading day of the year.
Markets overseas fell in Thursday trading, with China’s Shanghai Composite falling nearly 2 percent for its biggest drop in nearly 2 weeks. This came as China’s central bank made a surprising short-term tightening move by raising rates on its 3-month bills for the first time in over 4 months.
In today's trading session, a total of 41 stocks in the S&P 500 reached new 52-week highs. Here is a look at those companies.
In today's trading session, a total of 42 stocks in the S&P 500 reached new 52-week highs. Here is a look at those companies.
Is the market a tad giddy with good cheer? In other words, have investors priced in an economic recovery that's stronger than what we're seeing?
Retailers are celebrating their first real mobile marketing holiday this year with smartphone applications that they hope will help them ring in the New Year with a stronger mobile presence, but as this retail segment matures, apps might not be the best approach.
If the doorman at Bergdorf Goodman seems a little more cheerful than usual this holiday season, or a salesman at Prada or Hermès offers to find a pair of shoes in your size without rolling an eye, do not act so surprised. Retailers are being extra nice, and not just to the regulars. The NYT explains.
Investors are closely watching the 5-day financial forecast with a wicked winter storm threatening to bring parts of the Northeast to a standstill.