Some of the names on the move ahead of the open.» Read More
Following are the day’s biggest winners and losers. Find out why shares of Petrochina and AIG popped while Sirius and UBS dropped.
Home furnishings retailer Pier 1 Imports reported a quarterly loss on Thursday as store closures and lower traffic in March and April hurt sales.
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Following are the day’s biggest winners and losers. Find out why shares of Hess and GameStop popped while Verizon and Coca-Cola dropped.
Cost Plus rejected Pier 1 Imports offer to acquire the furnishings retailer in a stock deal, saying Monday that the bid was "ill-timed."
For the week ending Friday, June 13, 2008, the markets were mixed on varied economic news, renewed credit concerns from Lehman and the financial sector, and of course, oil. A surprise increase in retail sales gave hope for economic growth and a rising CPI suggested a potential rate move on the horizon that could strengthen the dollar and begin to tame inflation.
Following are the day’s biggest winners and losers. Find out why shares of Marvel and Disney popped while Garmin and BHP Billiton dropped.
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There's a watchfulness in the stock market that's likely to translate into tentative and choppy trading as the corporate earnings season gets underway.
Following are the day’s biggest winners and losers. Find out why shares of Fannie Mae and Pier 1 popped while Clear Channel and Yamana Gold dropped.
Following are the day’s biggest winners and losers. Find out why shares of Palm (PALM) and Real Networks (RNWK) popped while United Airlines (UAUA) and Pier One (PIR) dropped.
Home goods retailer Williams-Sonoma reported a decline in its holiday same-store sales Tuesday and gave a weak outlook for the current quarter and upcoming fiscal year, sending its shares down 11 percent in morning trade.
Stocks closed higher as a rally in technology shares helped offset more uncertainty in the credit markets and troubling economic signs.
Pier 1 Imports Thursday reported a smaller quarterly loss as the home décor retailer phases out its Pier 1 Kids and e-commerce units to try to return to profitability.
Stocks closed higher as investors were encouraged by solid economic data amid a broad rally in technology stocks. "We were pretty oversold yesterday," said Tom Schrader, managing director of US listed trading at Stifel Nicolaus. "We had some good news from the tech sector which propelled the Nasdaq higher."
Furniture and home goods retailer Pier 1 Imports said Thursday its first-quarter loss more than doubled as sales and margins on merchandise declined.
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An early Easter and strong demand for clothing boosted U.S. retail sales in March, but rising gasoline prices and a soft housing market cast doubts about spending in coming months, according to data published by SpendingPulse.
Struggling retailer Pier 1 Imports reported another drop in quarterly sales Thursday, but its operating loss for the latest period was narrower than analysts' expectations.
Home furnishings retailer Bed Bath & Beyond said its quarterly profit rose 4% on higher sales at established stores.