Shoppers turned out in droves for Black Friday deals, but are they enough to boost bottom lines?» Read More
A few years ago, Thanksgiving was not even considered a shopping day, as most stores are closed. But this year, retailers are driving customers to the Web with more specials than ever — door busters without the door — creating an online jump-start to the traditional Black Friday rush. The New York times reports.
This holiday season is setting up to be a real nail biter. Most holiday forecasts call for flat or just slightly higher sales than last year. But several factors may tip the scale. On the plus-side: there is a more upbeat mood among affluent consumers as well as a strong appetite for gadgets and electronics. On the downside: there is an uncertain economy, with unemployment stubbornly high, and a consumer who looks at spending quite differently than in the past. What will shift the balance?
Times are tough, and retailers are getting creative, wrapping their marketing campaigns in some unlikely packaging this year, from new “grab-and-go” gift shops at Macy’s to new flexible payment options at Sears.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
When it comes to ringing in the holiday season, some retailers do it with bows, ribbons, candles, lights and trees. Others do it on a grander scale: Macy’s has the Thanksgiving Day parade, Neiman Marcus has its fantasy gift catalog, Lord & Taylor has its festively decorated windows along New York’s Fifth Avenue—and Victoria’s Secret has its fashion show. A look at the show and the stock.
Here's what analysts and others say they're watching before the bell Thursday.
What follows is a roundup of corporate earnings reports for Wednesday, Nov. 10.
Stocks finished in positive territory after wavering much of the afternoon and trading lower earlier, as the dollar rose for a third day ahead of a meeting of G20 leaders beginning Thursday. Bank of America and Chevron rose, while Boeing fell.
Stocks wavered in mid-afternoon trading Wednesday, as the Dow slipped back into negative territory, although off the lows of the session. The dollar rose for a third day. Bank of America and Chevron rose, while Boeing fell.
Stocks fell as positive economic news on jobs and the trade deficit sent the dollar higher for a third day. Boeing and Pfizer fell, while Chevron and BofA rose.
U.S. stock index futures turned mixed ahead of the open Wednesday after news of an unexpected drop in jobless claims and a narrowing of the trade deficit.
Some retailers are cutting the size of stores and inventory to limit costs and provide a focused shopping experience, the New York Times reports.
Stocks continued to stall after last week's broad market rally and closed lower across-the-board Tuesday as the dollar rose. Bank of America and Kraft fell, while Exxon rose. .
Stocks extended losses as the closing bell neared, pulling back from last week's rally to two-year highs, as the dollar rose. BofA fell, while Exxon rose.
Stocks may take a breather after the past week's drama, as investors assess the new political dynamic in Washington and the effects of the Fed's latest effort to pump up the economy.
Here’s where the next leg of that move will come from.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Stocks surged to two-year highs on Thursday as all the major indexes rose beyond their closing highs for the year in the wake of the Federal Reserve's decision to buy $600 billion in Treasury bonds to boost the economy and news that President Obama said he was open to extending the Bush-era tax cuts to all income levels. JPMorgan and BofA gained.
Stocks continued to soar to new highs for the year Thursday, with banks getting a boost from news the Fed will allow "healthy" institutions to raise their dividends. BofA and JPM gain.
Stocks gained after President Barack Obama said he was open to extending the Bush-era tax cuts to all income levels. Boeing and Caterpillar gained.