The Men's Wearhouse on Wednesday reported a fiscal third-quarter loss of $27.2 million, after reporting a profit in the same period a year earlier.» Read More
U.S. stock futures held their gains Thursday following the weekly jobless claims report and after China's central bank unexpectedly announced that will cut its interest rates.
Take a look at some of Thursday’s morning movers:
Check out which companies are making headlines after the bell Wednesday:
“We may lament the loss of the family business, but let's celebrate the gains that these two gems can make for you as they annihilate the competition,” Cramer said.
Former NBA player Kevin Willis is expanding his Willis & Walker clothing line — a line he started 24 years ago when he was playing forward for the Atlanta Hawks — from bespoke suits to the mass big and tall market.
Stocks spiked in the final minutes of trading Wednesday following a report that the G20 is considering a $600 billion IMF lending program to euro zone, but came off their highs after the IMF denied the report. Investors were also closely waiting for the key EU summit at the end of the week.
There are early reports that the ECB may loosen collateral requirements for loans. Remember, the ECB provides loans to sovereign countries. They give out money and take collateral (sovereign bonds) in return. But there has been continuing pressure on the credit of sovereign countries.
S&P 500 futures dropped five points, and European equities dipped, as the European Central Bank announced it was leaving interest rates unchanged at 1.5 percent. The Bank of England left it at 0.5 percent, but left open that it may restart its own quantitative easing program. Some disappointment there was no rate cut.
When a company reports earnings, for a brief moment market direction becomes irrelevant. What matters are the numbers, and attempts to predict those numbers can lead to moneymaking trades, even if the overall market activity is unpredictable. With that in mind, here are five earnings trades for an uncertain market from TheStreet.
Cramer pits two retail stocks against each other to determine which is the better investment.
Stocks ended modestly higher Wednesday as the dollar rose and Treasurys hit six-month highs on fears the economy would heat up under the tax plan under consideration in Washington. BofA rose, McDonald's fell.
Stocks were struggling for direction Wednesday as the dollar rose and Treasurys hit six-month highs on fears the economy would heat up under the tax plan under consideration in Washington. BofA rose, while McDonald's fell.
Stocks fluctuated Wednesday, but remained under pressure as the dollar gained and Treasury bond yields spiked. McDonald's slipped, BofA gained.
Two big Chinese IPOs priced last night above the price talk and will begin trading this morning at the NYSE.
Stocks ended higher amid light volume for a second straight day Thursday following a pair of upbeat economic reports. Adobe jumped, McDonald's slipped.
Stocks rose modestly in light late-afternoon trading Thursday after a pair of upbeat economic reports. Adobe jumped, McDonald's slipped.
Stocks rose Thursday after encouraging readings on jobless claims and the trade deficit. Financials led the way, while McDonald's capped gains on the Dow.
Here's why you should keep a close eye on these six stocks.
S&P 500 futures popped about 5 points as both Initial and Continuing Jobless Claims were better than expected.
U.S. stock index futures edged into positive territory ahead of the open Thursday, on the back of a modestly higher close in the previous session, but the economic outlook remained a key concern.