Department stores are keying in on the beauty segment as a means to jump-start stagnant sales.» Read More
Stocks struggled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher, with huge gains in JDS Uniphase and AMD.
Find out why one Fast Money pro says, "From here, I expect to see upside resistance and maybe we even hit a ceiling in tech..."
Markets zigzagged on Thursday after a weak holiday outlook from Wal-Mart, a drop in jobless claims and big tech news. How should investors be positioned? Jerry Castellini, president and CIO of CastleArk Management, shared his market insight.
Stocks wobbled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher after some big news out of the sector.
The Mortgage Bankers Association said weekly purchases fell 11.7 percent to the lowest level since December 2000. Blame it on the homebuyer tax credit uncertainty, or maybe not. This, while 30-year fixed rate mortgages are below 5 percent.
U.S. futures remained slightly lower ahead of the open Thursday after Wal-Mart posted a 1.1 percent rise in third-quarter U.S. sales, compared to the same quarter last year, and U.S. mortgage applications pushed higher last week.
Weekly jobless claims are a big item for markets Thursday, but the earnings of retailers could ring up some early signals about the holiday season. Wal-Mart, the largest U.S. retailer, reports third quarter earnings ahead of the opening bell, as does department store chain Kohl's.
What follows is a roundup of corporate earnings reports for Thursday, Nov. 12.
The weather may be getting colder, but sales for intimate apparel are getting hotter, and Maidenform is feeling the heat, Maurice Reznick, the CEO of the intimate apparel maker, told CNBC.
With major retail names set to announce earnings this week, the sector will be a major focus of the market. Here are the names to watch from a top analyst.
Energy, infrastructure, tech, retail and more – the Mad Money host highlights his top picks.
The Fast Money crew likes Wal-Mart, even more so after a recent breakout from a triangle formation — a very bullish indicator for the retailer.
October retail sales. Now that all the analysts have finished opining to their clients, it's clear there's good and bad news about the direction of retail sales.
October retail sales generally positive, not as robust as last month, but we don't have the back to school stimulus that we had last month.
Don’t let the bears fool you out of this market.
Forget what the analysts say. Retail is making a comeback.
Stocks rose on Thursday after a surprise profit from Alcoa sent materials names higher and generated an overall feeling that earnings season had gotten off to a strong start.
Plus, could eBay save the Sunshine State from its housing collapse?
Home building stocks are recovering from their recent selloff as House Speaker Pelosi is discussing extending--and possibly expanding--the first time homebuyers tax credit. Congressman Rangel is also saying it should be extended.
Kohls vs. JC Penney: battle of the titans. Interesting backstory on the battle between mid-priced department stores.