U.S. stocks closed narrowly mixed, with stocks near recent highs, as lackluster economic data and oil concerns weighed on investor sentiment.» Read More
Jan 20- Apparel retailer Express Inc said it ended talks to be bought by private equity firm Sycamore Partners, its largest shareholder, due to unavailability of financing. Shares of Express, which was once a division of L Brands Inc, were down nearly 13 percent at $12.60 in premarket trading. Private equity firm Golden Gate Capital took Express private in 2007 and...
Companies making headlines before the bell Friday:
"Mad Money" host Jim Cramer actually suggests buying it into the next oil-induced selloff.
After slogging through most of 2014, there are a number of factors that should give specialty stores a boost in the new year.
With the new year comes a slew of new deals, as retailers try to capture late-in-the-season sales.
Click through to see some of retail's biggest gaffes over the years.
Experts Liz Dunn and Joseph Feldman named their retail winners and losers of the holiday season, with Macy's and Best Buy taking top honors.
Companies making headlines before the bell Thursday.
"We are just not seeing huge borrowings by anyone," said Irene Marks, managing director of retail finance at Wells Fargo Capital Finance, which committed $11 billion in loans to retailers this year. GE Capital's senior managing director of retail finance Tim Tobin estimated that the percentage of credit used by retailers they had loaned to was on par or below the...
To receive your online orders in time for Christmas, most retailers' standard delivery order deadlines are Friday.
The past two holiday seasons have been a little less than merry for Victoria's Secret and parent L Brands. But this year could be different.
The parent company of Victoria's Secret is impressing Wall Street with its growth strategy, reports CNBC's Courtney Reagan.
*Expects 2015 profit of $3.00- $3.15/ share vs $2.94 last year. *Posts fourth-quarter profit of $1/ share vs estimates of $1.07. The company's printwear business sells plain T-shirts, fleece, and sport shirts mainly to wholesale distributors and screen printers in North America, Europe and Asia Pacific.
European stocks weakened and the euro shot higher as the ECB chief implied any initiative to purchase sovereign debt isn't imminent.
Dec 4- Canadian apparel maker Gildan Activewear Inc forecast a loss for the current quarter as it cuts prices in its printwear business to attract more orders from retailers. The company, whose rivals include Hanesbrands Inc and L Brands Inc, forecast a loss of 30 cents per share for the first quarter ending Jan. 4. Net income rose to $122.7 million, or $1 per share, in...
Some of the names on the move ahead of the open.
Over the past few weeks, retailers have lifted the curtain on their extravagant holiday window displays.
Crowds flocked to Wal-Mart, Target and Toys R Us locations around the U.S. to snatch up doorbuster deals.
Retailers are more primed this year to capture Black Friday dollars than in shopping seasons past, Dana Telsey said.
Jim Cramer goes off the charts with technician Mark Sebastian to find out why the CBOE VIX is high, and if investors should be concerned.