Up 28% ytd, Goldman Sachs just told clients to rotate out of this stock. Cramer says, ‘don’t listen.’» Read More
UK retailers are still taking a cautious view of the market for the year ahead even though official data and surveys have shown an improving outlook for UK consumer spending, which generates about two-thirds of gross domestic product.
Bullish investors piled into home builders and related stocks on Friday, triggering a flurry of upside option activity.
Even if you hate home shopping, Neely Tamminga of Piper Jaffray says you should watch HSN.
Aug 26- Even with consumer confidence at a six-year high, retailers ranging from Target Corp to Macy's Inc are competing not only with each other but are also having to adapt to shifting spending patterns.
Retail earnings have been a mixed bag as consumers become more discriminating. Investors in retail stocks may want to follow suit.
The opportunities are few and far between in this sector as a result of shifting consumer demand, Cramer said.
Aug 22- Sears Holdings Corp, which operates its eponymous department stores and the Kmart discount chain, reported a much bigger-than-expected quarterly loss on Thursday as weak sales and bigger discounts to rewards members squeezed margins. Shares of Sears Holdings were down 4.6 percent at $41.30 in trading before the market opened.
After hearing from a slew of retailers, Cramer thinks you may need to rethink what you own and why.
Stocks tumbled again in the final hour of trading to close near session lows in heavily volatile trading Wednesday, with the Dow posting its sixth-straight day in the red, as investors digested the minutes from the latest Fed policy meeting.
Retail stocks drop after results, Staples sinks. NEW YORK, Aug 21- U.S. stocks ended lower in choppy trading on Wednesday after minutes from the U.S. That is what you see in an economy bumbling along at 2 percent, "said Erik Davidson, deputy chief investment officer for Wells Fargo Private Bank in San Francisco.
*Retail stocks drop after results, Staples sinks. NEW YORK, Aug 21- U.S. stocks extended losses on Wednesday to hit session lows after minutes from the U.S. "It seems the Fed is under immense pressure to begin tapering, rather than doing it for macro reasons," said Todd Schoenberger, managing partner at Landcolt Capital in New York.
Aug 21- Lowe's Cos Inc reported stronger-than-expected quarterly results as the housing market's recovery encouraged Americans to spend more on their homes, and the No. 2 home improvement chain narrowed its sales gap against rival Home Depot Inc..
*Retail stocks drop after results, Staples sinks. *Goldman Sachs falls, weighs on financials. NEW YORK, Aug 21- U.S. stocks dipped on Wednesday, with investors reluctant to make big bets before the Federal Reserve publishes the minutes of its July policy-setting meeting.
*Staples tumbles, Lowe's rises after results. *Goldman Sachs falls, weighs on financials. There's confusion over how much things will be tapered, if at all, and while there may not be any surprise, everyone is waiting to dissect what comes out, "said Mike Gibbs, co-head of the equity advisory group at Raymond James in Memphis, Tennessee.
*Staples tumbles, Lowe's rises after results. NEW YORK, Aug 21- U.S. stocks dipped on Wednesday as investor caution prevailed before the Federal Reserve publishes the minutes of its July policy-setting meeting later on Wednesday.
Lowe's profit blew past Wall Street expectations, but valuations are looking somewhat stretched. Is this the top for home improvement?
U.S. stock index futures were lower on Wednesday ahead of the release of the July minutes from the Federal Reserve's last policy meeting.
*Staples tumbles, Lowe's rises after results. NEW YORK, Aug 21- U.S. stocks were set to dip at the open on Wednesday as investor caution prevailed ahead of the publication of the minutes of the latest Federal Reserve policy-setting meeting.
*Staples tumbles, Lowe's rises after results. NEW YORK, Aug 21- U.S. stock index futures dipped in thin trading Wednesday amid investor caution ahead of the publication of the minutes of the latest Federal Reserve policy-setting meeting.
Some of the names on the move ahead of the open.