The National Retail Federation estimates holiday sales will be up 4.1 percent this year, compared with a 3.1-percent increase last year.» Read More
J.C. Penney posted a 51 percent drop in fourth quarter profit on Friday, and said its loss in the current quarter would be deeper than Wall Street estimates.
Following are the day’s biggest winners and losers. Find out why shares of Continental Airlines and Viacom popped while Harley-Davidson and Capital One dropped.
Plus, Cramer makes the call on retail, oil, minerals and more.
It's buy the rumor on the stimulus package, the Geithner package, and hopes that mark-to-market will be modified.
Better-than-expected January sales lifted the market out of the doldrums on Thursday, and, in the retail sector, Citi Investment Research's Deborah Weinswig has some favorites to recommend to stock-market investors.
Many retailers saw weak sales as consumer spending largely dried up after the holiday season.
The BoE got a step closer by cutting 50 bps to 1% as expected, The ECB has decided to sit the race out by keeping rates unchanged at 2%.
Rafael Resendes of the Toreador Large Cap Value Fund sees the stock market changing from a momentum-driven market to a valuation-driven one. He names a number of stocks that he feels are very well positioned.
Following are the day’s biggest winners and losers. Find out why shares of EOG Resources and CIT Group popped while eBay and Liz Claiborne dropped.
The Dow slid on Monday on more evidence the year-long recession will keep eating into corporate profits...
U.S. retailers are going to be pulling out all the stops this weekend — the last weekend before Christmas — with everything from jaw-dropping markdowns to round-the-clock openings in a last-ditch attempt to save the season.
Brent Wilsey says it's time to go shopping -- for retail stocks. The president of Wilsey Asset Management even has a shopping list. "What's happening is that a lot of estimates have come down a lot from 90 days ago, so people think they're going to come down further," he told CNBC. "A lot of this is built into the stock price already."
If you're an avid online shopper, your email inbox is likely stuffed with discount offers as online retailers gear up for what will likely be the busiest shopping day of the holiday season.
If you think navigating the mall during the holidays is tough, just try trading the retailers.
Plus, Cramer makes the call on retail, oil and stocks with dividends.
Customers turned out to the stores and malls this Black Friday, but the analysis so far indicates that there were fewer of them than last year. And those shoppers who did show up were far more selective, looking for the best bargains, in this competitive holiday season.
The Dow climbed higher on Wednesday as hopes of a General Motors bailout helped investors shrug off data depicting a worsening global economic downturn.
If gas prices remain low and sale prices look atractive, will you spend more for the holidays?
Not only are shoppers hitting the mall less frequently, they’re also hitting the computer less frequently this holiday season and that has e-tailers pulling out all the stops — before the turkey even hits the oven.