Nike has hired Goldman Sachs to lead a sale of its Cole Haan and Umbro brands, according to sources familiar with the situation.
Stocks pared their gains in the final hour of trading but still kicked off the first day of May on a positive note, with the Dow hitting its best closing high since December 2007, fueled by a better-than-expected manufacturing report.
Take a look at some of Wednesday morning's early movers:
If you are searching for the pincer of the recent stock market correction, look no further than clothing retailers. A report from TheStreet lists five clothing retailers that are ripe for investors who want to buy quality at a low price.
Small and mid-cap stocks entered bear market territory during Monday's trading session, defined by a drop of 20 percent or more from their 2011 highs.
Chinese officials are announcing pay raises as they seek to head off a repeat of last year’s labor unrest amid fears that persistent and rising inflation could provide a further irritant in wage discussions. The FT reports.
As the latest round of monthly same-stores sales showed, holiday 2010 was the strongest season in four years, but the strength was not shared by all.
Analyst Patrick McKeever of MKM put together a list of his potential takeover targets within the hot retail sector. Click here and check it out.
Stocks rallied for second consecutive day following upbeat economic reports that revived hopes of a stronger U.S. economy and news the European Central Bank was buying euro zone debt. Home Depot and Alcoa rose, while Kraft fell.
Stocks continued their December rally Thursday, led by banks and homebuilders, following a handful of positive economic reports that revived hopes of a stronger U.S. economy and news the European Central Bank was buying euro zone debt. Home Depot and Alcoa rose, while Cisco fell.
Stocks gained after a surprisingly upbeat report from the housing market and as a stream of stronger-than-expected retail sales reports signaled a bright start to the holiday season. Bank of America and Home Depot rose.
S&P futures had dropped a point or so as initial jobless claims for the week came in a bit heavier than expectations, 436,000 vs. 422,000 consensus. Prior week was revised upward to 410,000, from 407,000. Also: good news, nad news for retail.
What follows is a roundup of corporate earnings reports for Wednesday, Dec. 1.
After a week of fashion shows at Mercedes-Benz Fashion Week, there are few trends that stand out, among them: pale tones and sexy shoes.
Here's a peek at some of the shows and events surrounding this season's week-long fashion extravaganza.
Shares of Barnes and Noble surged this week after the company said it's exploring strategic alternatives including an outright sale. And that got us to thinking....
With store expansion on the back burner, retailers are turning to fresh avenues for growth, betting that their brand equity will carry over to new product categories.
Stocks logged their third best day of the year Wednesday, led by energy and financials, as investors grabbed bargain shares beaten down in the prior session's selloff. A report showing pending-home sales hit a six-month high gave the market an extra boost.
Stocks remained higher Wednesday, led by energy and financials, as investors grabbed bargain shares beaten down in the prior session's selloff. A report showing pending-home sales hit a six-month high gave the market an extra boost.
Stocks bounced back Wednesday, led by energy and financials. A report showing pending-home sales hit a six-month high gave the market an extra boost.