Cramer makes the call on viewers' favorite stocks.
Stocks finished narrowly mixed in a quiet session Thursday as investors took a breather following a sharp rally in the previous session and ahead of the crucial government non-farm payroll figure due Friday morning.
Europe: The patient is on the table. Martin Wolff, in an editorial in the Financial Times this morning, said that euro zone officials who insisted on treaty changes that would take two years to enact before they would act decisively were akin to doctors who were treating a critically ill patient by working out an exercise program to ensure he didn't have another heart attack. It's an apt analogy.
Futures turned lower Thursday following news that weekly jobless claims climbed unexpectedly last week and following a sharp rally in the previous session.
The results are in. According to Shopper Trak, sales increased 6.6% on Black Friday. Consumers were inspired by record breaking discounts and store openings as early as 9 p.m. on Turkey Day. That was enough to get the average American to skip dessert, push back from the dinner table and hit the stores in search of savings.
Based on what I am seeing in stores leading up to Black Friday this year I am wondering if retailers really all view us as just a bunch of turkeys?
Stocks dropped heavily in the final hour of trading to finish sharply lower in thin trading Thursday following a report from Fitch on U.S. bank exposure to Europe.
Futures extended their losses Wednesday, amid ongoing concerns over high borrowing costs for heavily-indebted euro zone countries.
Maybe it should not come as a surprise that consumers are pulling back just in time for the holidays
The annual Victoria’s Secret Fashion Show is an event fans look forward to each year, but it has usually been focused on aspiration and brand building — until now. As Limited Brands, the retailer’s parent, gears up for the holiday season, it is planning more promotional events around the fashion show, which airs Nov. 29 on CBS.
Victoria’s Secret delivered yet another star-studded and diamond-studded runway event on Wednesday. Check it out!
If you think Victoria's Secret models were just born that way, well... You're right. But they also work really hard to look like that. Really hard. Too hard for me.
Most likely outcome of the Greek confidence vote: An interim government that immediately approves the EU package. The most pressing issue is money — Greece has run out. They need the 8 billion euros ($11 billion) from the troika fast. If they don't clearly approve the European Union package, they don't get the money, which means they will face an immediate crisis even before they are able to hold an election.
”The consumer is still spending and orders from department stores are quite solid so I think overall it bodes well for the holiday season," says analyst Kimberly Greenberger.
Najarian tells us his proprietary OptionMonster heat seeker has identified an unusually high number of November 15 calls trading in a teen favorite.
We are heading into a holiday season without Borders, Blockbuster and Linens 'n Things. Retailers such as Abercrombie and Fitch, Gap, and Limited Brands have collectively closed hundreds of stores across the country. The retailers have left big gaps in malls since closing last year.
Stocks finished at session highs Thursday, logging a three-day rally led by financials, after the ECB announced new liquidity measures to support banks in the euro zone and as investors waited for the crucial monthly non-farm payrolls report at the end of the week.
Amid slumping consumer confidence, shoppers remained resilient, but retailers were reporting mixed results for September.
Thank you, Steve Jobs! You changed my life and millions of others.
Futures turned negative Thursday following ECB's President Jean-Claude Trichet's grim economic outlook at a news conference after the bank's Governing Council left its benchmark interest rate unchanged at 1.5 percent.