Several companies highlighted strong back-to-school trends in their earnings reports.» Read More
Kohl's Corp. rose$. 73 or 1.3 percent, to $55.18. Macy's Inc. rose$. 80 or 1.4 percent, to $59.57. Nordstrom rose$. 69 or 1.0 percent, to $69.29.
Kohl's Corp. rose$. 25 or. 5 percent, to $54.70. Macy's Inc. rose$. 28 or. 5 percent, to $59.05. Nordstrom rose$. 22 or. 3 percent, to $68.82.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
With everyone distracted by Ukraine and Russia, Europe is becoming an increasing risk for markets.
As children and teens have a growing influence on purchases, stores with the latest trends will position themselves to win back-to-school sales.
It's logical for retailers to extend their search outside of the retail industry, so long as they come from a business that's' "wired to consumers."
Tuxedo rental may be a very old idea, but it took two very bright Harvard MBAs to reinvent it for runway labels.
NEW YORK, May 29- A New Jersey hedge fund manager pleaded not guilty on Thursday to charges he traded on inside information about the children's clothing company Carter's Inc, according to court papers. Steven Slawson, the co-founder of Titan Capital Management, is the latest defendant to be charged in a probe centered on the Atlanta- based retailer.
Wal-Mart had execution problems and Kohl's has been rebranding itself, leaving two retailers room to rise above the competition, Jim Cramer says.
India's new pro-growth leader is eliciting swoons from the investor class. How do investors play Bombay's market?
Stocks finished sharply in the red Thursday, with the Dow down triple digits, weighed down by disappointing earnings from a handful of retailers and weak economic reports.
May 15- J.C. Penney Co Inc reported a rise in comparable store sales for the second consecutive quarter, helped by demand for household goods and men's and women's clothing, sending the company's shares up more than 25 percent in after-hours trading.
JC Penney reported a quarterly loss and revenue that beat analysts' expectations on Thursday.
European shares closed lower on Thursday, as GDP data disappointed.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- U.S. stocks dropped more than 1 percent on Thursday, fueled by a selloff in small-cap stocks and disappointing results from Wal-Mart.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- Wall Street extended its losses into a second day on Thursday as weaker-than-expected earnings from Wal-Mart and a selloff in momentum stocks overshadowed positive economic reports.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- Wall Street was set for a lower open on Thursday as weaker-than-expected earnings from Wal-Mart Stores Inc overshadowed a number of better-than-expected economic reports.
U.S. stock index futures shaved their losses following a better-than-expected jobless claims report, though disappointing earnings from Wal-Mart weighed.
*Wal-Mart profit falls as severe winter deters shoppers. *Wal-Mart Stores Inc reported a 5 percent fall in quarterly profit as severe winter weather hurt comparable sales in the United States. *The New York Fed's Empire State and Philadelphia Fed manufacturing surveys are due at 8:30 a.m. and 10:00 a.m. EDT, respectively.
Some of the names on the move ahead of the open.