Stocks rose Wednesday after minutes from the Federal Reserve's last meeting.» Read More
Retailers are getting creative to try to jump-start the consumer. Here are 13 of the latest tactics. Brian Sozzi gives them the thumbs up or thumbs down.
Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.
July 18- The success of General Electric Co's impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led U.S. economic recovery heats up.
Some of Thursday's midday movers:
Is the housing remodeling boom over? A status update from Lumber Liquidator is acting as a possible canary in the coal mine.
Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.
Retailers have certainly been sending the Street mixed messages. The conclusion, however, may be crystal clear.
Some of Friday's midday movers:
Stocks rose on Wednesday, as investors cheered the latest release from the Fed.
*Fed meeting minutes due out at 2:00 p.m. EDT. NEW YORK, May 21- U.S. stocks rebounded on Wednesday after a broad selloff in the prior session, ahead of the release of minutes from the most recent meeting of the U.S.
After a batch of new earnings reports, the overall trend remains the same: disappointing.
NEW YORK, May 21- Wall Street was set for a modestly higher open on Wednesday, with the S&P 500 on track to rebound from a broad selloff in the prior session ahead of the release of minutes from the most recent meeting of the U.S.
This chocolate company is investing in tech to drive productivity and innovation. It even has a futurist on staff. Up next: 3-D manufacturing.
*New York Federal Reserve President William Dudley said on Tuesday inflation should "drift upwards" towards the Fed's 2 percent goal, but a swift climb in inflation was unlikely; Philadelphia Fed President Charles Plosser said the $2.5 trillion in reserves accumulated by banks could be the trigger for more rapid inflation.
Some of the names on the move ahead of the open.
May 21- Lowe's Cos Inc said its sales picked up in May, after the company reported weaker-than-expected quarterly results as a severe winter in the United States hurt traffic to its stores. Larger rival Home Depot Inc also said on Tuesday that its sales in May were "robust."
Lowe's posted quarterly earnings and revenue that missed Wall Street expectations Thursday, due in part by a lower tax rate.
May 21- Lowe's Cos Inc reported a 2.4 percent rise in quarterly sales after a severe winter in the United States hit traffic to its home improvement stores. Revenue rose to $13.40 billion in the first quarter ended May 2 from $13.09 billion, a year earlier. The company's net earnings rose to $624 million, or 61 cents per share, from $540 million, or 49 cents per share.
U.S. stock index futures signaled a higher open, despite ongoing concerns about weak earnings and global central bank policy.
Fed watchers could be spiced up with some new information on the Fed's post-bond buying strategy, which may lead to even more market volatility.