While analysts' bullish attitudes were aimed at the same sector, they gave differing opinions on where consumers' dollars are headed.» Read More
Department store chain J.C. Penney becomes "just another retailer" after third-quarter earnings, CNBC's Jim Cramer said.
J.C. Penney is reporting a wider third-quarter loss, but the results showed its business is starting to stabilize.
Many factors could affect whether shoppers open their wallets this holiday season. But one thing is clear: The pressure is on.
Not even $3 billion could convince Snapchat's founders to go work for Facebook's Mark Zuckerberg, but it was a better week for Amazon and Apple.
Stores are facing a backlash for opening on Thanksgiving but trader Todd Schoenberger asks: Does anyone really like making small talk with Uncle Frank? C'mon This is America. Let's shop!
Target, Kohl's, and QVC are among retailers opening technology test labs in the San Francisco area to improve their websites and create mobile apps.
Mark Megalli, an investment professional with the hedge fund Level Global Investors LP, obtained inside information that helped his firm avoid about $2.4 million in losses and make $853,655 in ill-gotten profits, the SEC said in a statement.
Wal-Mart forecast a disappointing Thanksgiving-to-Christmas season, saying it expects sales to be flat, and Kohl's said it would spend more on ads.
*Cisco shares tumble after revenue warning. Gains in the technology-heavy Nasdaq and the Dow were held back by Cisco Systems, however, after the networking giant reported disappointing results on Wednesday. Cisco shares fell as much as 13 percent on Thursday.
Playing defense in the Affordable Care Act battle, President Obama said people may keep health care policies that don’t meet the new standards.
U.S. stocks rose on Thursday, lifting the Dow industrials and S&P 500 to their loftiest levels, as investors embraced signals sent by Janet Yellen.
Kohl's shares fell sharply Thursday after the retailer posted earnings and revenue that fell short of market expectations.
Nov 14- Wal-Mart Stores Inc on Thursday forecast a disappointing profit for the holiday season after reporting its third straight quarterly decline in U.S. comparable sales because of fewer shopper visits.
*Cuts full-year earnings forecast to $4.08- $4.23/ share from $4.15- $4.35. Nov 14- Department store chain Kohl's Corp cut its full-year earnings forecast after reporting lower-than-expected quarterly results as fewer customers visited its stores, leading to a surprise fall in same-store sales.
Fed chief nominee-in-waiting Janet Yellen got markets rolling on Wednesday with her dovish remarks. Don't expect much follow-through.
*Cisco shares tumble after revenue warning. NEW YORK, Nov 14- The Dow and S&P 500 were on track to set fresh record highs at the open on Thursday, extending gains from late in the previous session after the release of remarks from Federal Reserve chair nominee Janet Yellen, while a slide in Cisco shares weighed on Nasdaq futures.
Nov 14- Wal-Mart Stores Inc on Thursday reported its third straight quarterly decline in U.S. comparable sales, hurt by a drop in shopper visits, and the world's largest retailer gave a disappointing profit forecast for the holiday season. Shares of Wal-Mart fell nearly 2 percent.
U.S. stock index futures pointed to a mixed open on Wall Street on Thursday following dovish remarks from U.S. Federal Reserve Vice Chair Janet Yellen.
*Cuts FY earnings/share view to $4.08- $4.23 from $4.15- $4.35. Nov 14- Department store chain Kohl's Corp cut its full-year earnings forecast after reporting weaker-than-expected third-quarter results due to a surprise fall in same-store sales. The company cut its full year earnings forecast to $4.08- $4.23 per share from $4.15- $4.35.
Nov 14- Department store chain Kohl's Corp reported weaker-than-expected third-quarter results as sales at stores open for more than a year fell 1.6 percent. Net income fell 18 percent to $177 million, or 81 cents per share, from $215 million, or 91 cents per share, a year earlier.