We are now six months from Christmas. While that still gives shoppers plenty of time to make up their minds on what they want to buy, retail executives have to start making up their minds now about what they want to sell.
Stocks closed lower Thursday with all three major averages logging their worst May since 2010, driven by mounting concerns over the euro zone debt crisis in addition to worries over a slowing U.S. economy.
Despite a late Mother's Day, the early monthly sales reports from retailers are suggesting most retailers posted modest sales gains in May.
U.S. stock index futures pared their early Thursday following a pair of weak jobs data and after news the economy grew at a slower pace than expected.
Take a look at some of Thursday’s morning movers:
Retail industry analysts are guarded about the outlook for May’s retail sales, despite better-than-expected results at Macy’s and improving consumer confidence.
In the first quarter, Apple stock was surging. Since then, shares have dropped 16 percent — giving up over $100 a share and now trailing Google by nearly that amount.
Following are mid-day movers you might have missed. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Corporations have made social media connectivity an important aspect of their marketing campaigns, allowing them to communicate with their customers, develop their brand, and even offer special promotions.
Take a look at some of Thursday's morning movers:
Stocks logged another decline in choppy trading Wednesday following the Fed's meeting minutes and after conflicting reports suggesting the ECB could halt monetary operations to certain Greek banks, reigniting jitters over the debt-ridden nation.
Check out which companies are making headlines after-the-bell Wednesday:
With Europe’s latest crisis keeping markets on edge, investors are hoping to find clues as to what might tip the Fed towards more easing in Wednesday’s release of Fed meeting minutes.
Happy Friday! With a parade of major retailers and some smaller tech firms on tap to post earnings next week, check out what analysts expect and how to trade some of the top companies.
Employee turnover levels at retailers are on the rise, particularly among part-time store workers and positions tied to the booming ecommerce sector, according to the findings of a new survey by global management firm Hay Group.
Stocks finished in negative territory Thursday, with the S&P falling below its key 1400 milestone, weighed down by a weak ISM non-manufacturing report and as investors stayed cautious ahead of Friday's government jobs data.
With the early start of spring and Easter behind us, retail sales have slowed in April, with many retailers falling short of analysts' estimates.
European stocks dropped, the euro rose as European Central Bank chief Mario Draghi spoke. Draghi said that the latest spate of weak economic data highlighted the "prevailing uncertainty."
U.S. stock index futures climbed Thursday, boosted by a better-than-expected jobless claims report.
Europe’s economy and changes at J.C. Penney may give the weather blame game competition when retailers release their upcoming sales and earnings reports.