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Victoria's Secret shut down one of its Manhattan stores after discovering bedbugs inside, making the lingerie and women's apparel retailer the latest merchant in New York City to have problems with the parasites
Stocks extended their winning streak for a third straight session Thursday, helped by a late round of buying in consumer staples and materials. Bank and tech stocks remained the day's weakest links.
Warm weather and sales tied to the Memorial Day and Father's Day holidays helped drive shoppers to stores in June, but the heavy discounting may have hurt retail profits.
S&P 500 futures moved up a couple points as initial jobless claims were slightly lower than expected, as was the continuing claims number.
A company called Fortnight Lingerie wanted to generate buzz about its sexy products, but how do you get the word out in a world dominated by Victoria's Secret. The Canadian firm hired some PR folks who put their noggins together. The result: pure genius.
With shares of Limited trading bewteen $23 and $27 over the past 30 days, how should you game the stock ahead of its next earnings release?
In the wake of lackluster same-store sales results, should you put any retailers on your radar?
Poor weather in early May and a still cautious consumer translated into a mixed bag for retailers in May, underscoring the fragile state of the economic recovery at this stage.
What follows is a roundup of corporate earnings reports for Wednesday, May19.
The financial sector will be at the crux of market worries Wednesday, as the U.S. Senate moves closer to a vote on banking reform and German regulators explain their surprise move to ban naked short-selling on a group of bank stocks and sovereign debt.
Stocks closing near highs for the day. The key story: the correlation between a weak euro/weak equities has been broken. There is now a positive correlation between the dollar (up) and the stock market (also up)—what's up with that?
Cramer makes the call on viewers' favorite stocks.
The latest batch of economic reports is providing fresh evidence that consumers are starting to spend again, and the buzz is "a lot better" at an annual retail investors conference in New York, said Dana Telsey, CEO and Chief Research Officer of Telsey Advisory Group, which runs the conference.
The Dow managed to close above 11,000 after some late-session turbulence but 1,200 proved just out of reach for the S&P.
Warm weather, an early Easter and a more confident consumer appear to have boosted retail sales in March, with many of the retailers who have reported results so far topping analysts' estimates.
Stocks picked up again in the final hour of trading after the Federal Reserve said it would continue to keep interest rates low for "an extended period."
Stock futures Tuesday were a couple points higher ahead of the Fed meeting. An informal survey of stock traders indicate that no one is expecting a dramatic change in wording or rates. Most feel that unemployment will stay in the 9 percent range, that inflation will remain in the 1 to (at most) 2 percent range in 2010, and that none of this warrants rate increases before late in the year.
Stock index futures remained true to recent form before the bell Tuesday, little changed compared with fair value ahead of the Federal Reserve's decision on interest rates later in the day.
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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.