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A late burst of back-to-school shopping helped many U.S. retail chains to top analysts' estimates in September.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
A late burst of back-to-school shopping will likely help sales at U.S. retail chains in September, according to the latest analyst forecasts.
Retail sales continued to grow in September at a pace that was roughly equal to that in August, providing some reassurance that consumers are continuing to spend, albeit in a cautious manner, according to a report released Wednesday.
While it has become increasingly difficult to be a stock picker in the equity markets, the massive rally in fixed income may be giving way to a bond-picker's market.
Another day another holiday forecast, but this time the tone is entirely different. We've already seen holiday forecasts that have predicted both a modest increase in holiday spending and holiday hiring by retailers. But America's Research Group's preliminary forecast tells a much different story, and it's not a tale retailers are going to want to hear. A record high 43 percent of American shoppers plan to spend less during the last quarter of the year than they did in 2009, according to the firm's research.
Tough economic times not only hamper denim sales, the climate also hurts creativity.Fashion designers showing their Spring 2011 collections at Mercedes-Benz Fashion Week clearly want to push consumers toward a wider pant leg and higher waistline, but shoppers may not be willing to part with the skinny jean, and the even tighter "jegging" just yet.
If these companies react well to what the president says during his CNBC town hall appearance on Monday, then it could be clear skies ahead. If not…
Stocks snapped a four-day winning streak as the Dow and S&P fell after struggling with direction much of the day despite signs of strength in the U.S. economy. Boeing and American Express fell, while HP rose.
Stocks slipped lower minutes before the close after struggling with direction much of the day despite a strong report on retail sales. HP and Cisco rose, Boeing and American Express fell.
Stocks added to gains led by technology and retailers after a stronger-than-expected rise in business inventories and a gain in retail sales that was slightly better than expected. HP and Cisco rose, Boeing fell.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
Fashion designer Diane von Furstenberg said she expects the fashion industry "surfed the tsunami" and she's very optimistic for the future.
Fashion is taking yet another trip back in time, beyond the "Mad Men" looks, to the 50s, says Roseanne Morrison, fashion director at the Donegar Group.
There’s a new way to manage your portfolio, Cramer says.
Retailers turned in surprisingly strong monthly sales reports in August, as sales-tax-free holidays and discounting coaxed shoppers to open their wallets and stock up on back-to-school items.
August same-store sales better than expected. Maybe those tax-free sales days made a difference: 17 states had at least one tax-free weekend in August, up from 13 last year, including big states like Florida, Illinois, and Massachusetts, and it looks like they made a difference.
Stocks began September by soaring more than 2.5 percent after strong U.S. and Chinese manufacturing reports relieved some of the mounting worries over the global economy. Bank of America and Caterpillar rose.
Discounters and department stores are expected to fare well when retailers issue their monthly sales reports Thursday, as consumers look for one-stop shopping to stock up on school supplies and clothing. Which retailers are heading to the top of the class? A look at analysts' estimates.
First there was the dot-com boom — now there’s the cloud explosion.