Hurricane Sandy began veering as predicted early Monday on a path that would take it over Washington, Baltimore, Philadelphia and New York putting it on a path that could endanger 50 million people.
Hurricane Sandy, a rare, late season storm, is already having a significant economic impact and is poised to be one for the record books in both meteorological and economic terms.
U.S. meteorologists expect a natural horror show of high wind, heavy rain, extreme tides and maybe snow to the west beginning early Sunday, peaking with the arrival of Hurricane Sandy on Tuesday and lingering past Halloween on Wednesday.
The storm has a 70 percent chance of smacking the Northeast and mid-Atlantic next week with gale-force winds, flooding, heavy rain and maybe even snow, forecasters said adding, it has all the earmarks of a billion-dollar storm.
Perhaps that's why famous pals Katie Holmes and Julianna Margulies joined Narciso Rodriguez as he launched a limited-edition collection with a more affordable national retailer. Holmes walked the red carpet at the launch party Monday in New York for Rodriguez's line for Kohl's Corp..
DHAKA, Oct 9- Bangladesh's exports rose in September for the third month in a row thanks to improving garment orders, official data showed on Tuesday. Total exports for July-September, the first quarter of Bangladesh's financial year, were up 2.1 percent to $6.29 billion.
Higher-end retailers like Bloomingdales's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, according to Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.
NEW YORK-- Summary of revenue at stores open at least a year in September for department store chains, with percentage increase or decrease over the same month last year. These figures are a key indicator of a retailer's health because they exclude revenue at newly opened stores. Bon-Ton Stores Inc. 0.6 pct.
Higher-end retailers like Bloomingdale's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, says Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.
Among our rated apparel retailers, Gap and Limited Brands, are expected to continue the positive momentum through the holiday season, on top of their reported comps growth at 6% and 5%, respectively, following 9% and 8% comps growth in August. Costco reported a 5% growth in comps excluding gasoline, in line with consensus estimates.
Macy's revenue at stores open at least a year rose 2.5 percent in September, while analysts expected a gain of 3.3 percent. Shares of Macy's rose 34 cents to $39.83. Kohl's Corp.' s revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing.
U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.
MENOMONEE FALLS, Wis.-- Department store operator Kohl's Corp. said Thursday that revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing. Analysts surveyed by Thomson Reuters predicted a 0.2 percent decline.
The consensus is that Governor Romney did well in the debates last night; while Europe is meandering on either side of positive or negative, U.S. stocks are higher.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.
*Sales at Costco and Gap top expectations. *Macy's, Target, Kohl's sales miss analysts' forecasts. "I think September overall is going to be OK; I don't think it's going to be great," said John Rooney, national retail& distribution sector lead for Deloitte Consulting.
Oct 4-* Thomson Reuters same store sales index ex-drugstore chains 3.6 percent in.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. **NUVASIVE INC, Wednesday close $22.62, down 29.3 pct premarket. **INFORMATICA CORP, Wednesday close $33.63, down 19.7 pct premarket.
NEW YORK, Oct 4- Kohl's Corp:.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising between 0.2 and 0.5 percent. **NUVASIVE INC, Wednesday close $22.62, down 27.4 pct premarket.