Michael Kors Holdings reported its slowest quarterly revenue growth since it went public in December 2011.» Read More
What follows is a roundup of corporate earnings reports for Wednesday, Aug. 11.
The US equity markets have been "underplayed," hurt by a negative psychology that isn't based on the fundamentals, Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, said on CNBC Wednesday.
Stocks tumbled more than 250 points Wednesday amid light volume as investors continued to lose confidence in the strength of the global economy in the wake of the Federal Reserve's dimmer outlook and a decline in China's domestic economy.
Global markets are lower this morning, on the Fed announcement and economic numbers in China. The yen is at the highest level against the dollar since 1995, as the dollar has become the low-cost funding mechanism for the world.
Considering shares of Macy’s are down about 10% over the past 3 months, how should you game this stock ahead of earnings, Wednesday?
Stocks ended modestly lower after an unexpected rise in initial jobless claims and disappointing July retail sales, as the market awaited the critical July employment report.
Stocks were weak Thursday after an unexpected rise in initial jobless claims and July retail sales that were mostly weak.
The strategy at Martha Stewart was to "trade in 1200 mediocre environments for over 6000 of the best managed retailers in the country," such as Home Depot and Petsmart —"our products speak to that," Exec Chairman said.
On Thursday our traders were attempting to gauge the ripple effect, after Russia said it would temporarily halt grain exports.
Stocks skidded Thursday after a report showed an unexpected rise in jobless claims last week. Retailers were mixed as chain-store sales showed only a slight improvement from last summer's anemic levels.
Investors can’t wait to get their hands on the latest retail numbers to gauge the health of the consumer and by proxy the rally.
The latest reads on consumer confidence and personal spending have provided little encouragement that shoppers are starting to spend again. However, July marks the start of back-to-school shopping, and since parents have to buy clothing for their growing children, it may give a much-needed boost to retail sales.
Cramer makes the call on viewers' favorite stocks.
With stocks paring early gains, are key technical levels more likely to provide support or resistance?
Stocks pulled back from a morning rally as declines in bank and chipmaker shares offset gains by some retailers and improvement in new claims for unemployment benefits.
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.
Family Dollar's conservative guidance: is this what Q3 guidance will look like? All the discount retailers are flat to down today as Family Dollar (FDO) provided guidance for the current quarter (Q4) that is below Street consensus ($0.46 to $0.51 vs. Street estimates of $0.53). The conference call, mostly with CFO Ken Smith, was very instructive...
Stocks advanced Wednesday as financials got a boost from State Street's outlook and investors scooped up some beaten-down tech and industrial shares.
Stocks opened higher Wednesday, led by financials after State Street said it expects to beat earnings expectations.
Stocks pulled off a gain Tuesday after a late rally as investors scooped up some bargains. Energy, techs and financials gained, while retail stocks were one of the weakest links after a downgrade on the sector.