Blue Nile CEO Harvey Kanter weighs in on the luxury holiday shopping season. Diamonds are top sellers, he says.» Read More
Retailers are hoping last week's strong start to the holiday shopping season at malls and stores translates into a busy buying season online, which officially begins Monday. A number of retailers are hosting one-day sales or special offers for the occasion. Internet research firm comScore estimated online sales may exceed $700 million.
For those who opted to stay at home on Black Friday, rather than brave the crowds, there’s good news: there will be plenty of bargains online this year.
Online diamond retailer Blue Nile reported higher third-quarter net profit on Tuesday, above Wall Street estimates, and the company raised its 2007 earnings and sales outlook, sending shares up 11 percent after hours.
The mouse is gaining on the mall, and that could be good news for your investment portfolio. Online shopping used to be viewed as a secondary option used by the tech savvy and those too busy to head to the mall. That perception is changing.
“Power Lunch” is in Seattle to focus on the things that put the Pacific Northwest on the map, including the Internet and socially-conscious energy. Here's what some of the guests on the program are saying.
Brent Wilsey, president of Wilsey Asset Management, offered CNBC’s “Squawk on the Street” his view of five stocks to avoid.
On Thursday Tiffany (TIF) said earnings jumped 15% - the same day Costco (COST) said profits fell 5%. This is the great consumer divide in action, folks. Higher gas prices heading into this summer are dividing the “haves” from the “have nots”. How do you trade this phenomenon?
There’s a rally underway in online retail stocks that rivals the 1990’s. For example, Amazon.com surged 60% this year. Meanwhile brick and mortar stores are hurting. Wal-Mart (WMT) just posted its smallest sales increase in a decade. So, what gives?
Here's our daily contest "stock report." Earnings again helped and hurt performance. The most active and widely held pretty much the same--except for ENTG and BQI which both fell out of the most active. And gas and oil company BQI also fell from the most widely held. Here you go. Best performing trades by % gain from Monday's close to Tuesday's close:
Hey folks. Jeff Mishlove is here with his picks today. Let's get right to his post: This has been a very busy time for me, so I am submitting this blog a bit later than usual. However, the lateness allows me to see that the picks I recommended for yesterday are doing quite well. Two of the five are among the top two eligible stocks for the contest on Tuesday. Those are aQuantive and Blue Nile – up, as I am writing, 11.98% and 17.21% respectively.
Hey everyone, here's Jeff Mishlove with his latest round of contest stock picks. He seems to be doing pretty well with his picks. Are you? Here he is: As I reported in Friday’s blog, and earlier, Week 8 of the contest was a thrilling experience for me – as I ended up on the weekly leaderboard in second place – with a portfolio that appreciated 112.98% for the week.
Americans will spend almost $17 billion to celebrate Valentine's Day, on flowers, cards, jewelry and more. Some businesses, such as Godiva Chocolatier, are institutions in the Valentine’s market. In a CNBC.com video interview, President Jim Goldman talks about why chocolate continues to be a perennial favorite.
Procrastinating gift buyers are expected to drive big retail sales through this weekend -- and the Internet discount jeweler is fighting for its last-minute share with free shipping.