Some of the names on the move ahead of the open.» Read More
Another strong round of retail sales came in this morning, with broad gains across the board in February despite wintry weather throughout much of the Midwest and East Coast.
U.S. retailers posted their best monthly sales performance in February since just before the recession started in 2007, as leaner inventories resulted in more sales at full price. Brian Tunick, managing director and specialty retail analyst at JPMorgan said he sees consumers continuing to make a comeback.
Greece will sell about 5 billion euros of 10 year bonds (at about a 6.3 percent yield) — it is well oversubscribed. They need to refinance up to 23 billion euros of maturing debt coming in the Apr/May time frame. 2. Retail sales for February have topped expectations. 3. Wal-Mart increased its dividend to $1.21 from $1.09 per year. Over 60 companies in the S&P 500 have increased their dividend since the start of the year. 4. A bankruptcy judge gave the management of General Growth Properties won a four month extension to keep control of the bankruptcy restructuring.
Expectations very low for February, given the huge snowstorms in the Northeast. But analysts who actually bother to call around to the stores (there's still a few who do real research) are generally reporting that sales are a bit better than exepected.
Find out why shares of Limited and Iridium popped while GameStop and Tenaris dropped. How should you trade the moves?
Even though investors get another dose of Fed Chairman Ben Bernanke in Washington, D.C., the problems in Greece have crept back to the forefront of investor concerns. The issue today is whether the country can cut the budget enough to help the situation. And the big deal on Wall Street involves Coca-Cola and Coca-Cola Enterprises.
What follows is a roundup of corporate earnings reports for Wednesday, Feb. 24.
Valentine's day is less than one week away. While historically, the U.S. major indexes have not shown much love on Valentine's Day nor the week after, there are stocks that may benefit on this day of friendship and love...
January retail same store sales: how could the numbers be so far off? Retailers, for the most part, reported numbers higher than expected, in some cases WAY HIGHER than expected. How could sell-side analysts, who provide the estimates, be so far off? There's two problems...
S&P 500 futures lost about 4 points on the disappointing weekly initial jobless claims number. Sovereign debt issues, which popped up again yesterday, are back down in a big way today: Portugal down 3.2 percent, Spain down 2.6 percent, Greece down 1.7 percent. European banks are weak.
Attention Super Bowl Advertisers: Are you mobile Web-enabled? Consumers are surfing the Web from their phones more often. If you are spending the money on advertising during the Big Game, it's worth considering whether your site is optimized for smartphones.
Asking customers to go “green” with online statements is no longer enough for many companies. Some are offering financial incentives to switch, while others are charging for hard copies.
When it comes to the jobs report, good news is bad news and bad news is bad news, says Gary Kaminsky. What does he mean?
Stocks struggled Thursday as the dollar rose and investors remained skittish ahead of Friday's jobs report. GE, Bank of America and Ford were among the day's gainers. Alcoa skidded.
Stocks skidded Thursday as the dollar rose, putting pressure on stocks that outweighed encouraging reports on employment and retail sales. Bank of America, Sears and Bed, Bath & Beyond were among the early leaders, while Alcoa stumbled.
Markets overseas fell in Thursday trading, with China’s Shanghai Composite falling nearly 2 percent for its biggest drop in nearly 2 weeks. This came as China’s central bank made a surprising short-term tightening move by raising rates on its 3-month bills for the first time in over 4 months.
Stocks opened lower on Wall Street as a rising dollar pressures commodity prices and outweighed another round of positive news in the job market.
Another round of better-than-expected employment figures did little to assuage investors as stock futures pointed to a negative open for Wall Street.
Holiday shoppers bought a little more jewelry, electronics and boots but passed by the women's clothing racks, according to figures released Wednesday.
So maybe the snowstorm that struck the Northeast wasn't the Grinch that stole a profitable Christmas away from retailers after all.