U.S. stocks posted gains of 5 percent or more in February, despite closing modestly lower on the last trading day of the month on Friday.» Read More
NEW YORK, Feb 27- U.S. stocks dipped Friday afternoon as data showed U.S. economic growth slowed more sharply than initially thought in the fourth quarter, though the Dow and S&P 500 were on track for their best monthly performance since October 2011. "That maybe set a tone for the market that wasn't wildly ebullient," said Mark Luschini, chief investment strategist...
NEW YORK, Feb 27- U.S. stocks were little changed in early afternoon trading on Friday as mixed economic data was offset by some upbeat corporate earnings. Following the release of their results, shares of Monster Beverage jumped 13.4 percent to $140.67, while shares of Ross Stores gained 6.3 percent to $105.33. Midwest dropped to its lowest reading since July...
DUBLIN, Calif. _ Ross Stores Inc. on Thursday reported fiscal fourth-quarter earnings of $248.5 million. Ross Stores expects full-year earnings to be $4.60 to $4.80 per share. Ross Stores shares have increased 5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2.5 percent.
Feb 26- Macy's Inc's planned push into the off-price retailing sector, dominated by chains such as TJX Cos Inc's TJ Maxx, shows the venerable department store chain has faced up to new realities of retailing in the United States. Since so many peoples' salaries are off-price they also need to shop that way, "said Robert Brusca, chief economist at consulting firm Fact...
*Salesforce.com climbs after results, outlook. NEW YORK, Feb 26- U.S. stocks held near the unchanged mark on Thursday in the wake of a mixed bag of economic data, with the Dow and S&P 500 holding just off record highs while the Nasdaq advanced modestly. The market is "just digesting what we have already received and waiting for what is coming next week to find a better...
Weekly jobless claims and other data on Thursday will put the U.S. economy firmly at the center of investor focus.
Retail: good or bad news?
As it begins testing off-price locations, Macy's faces headwinds that its competitors didn't have to grapple with.
The regular session saw a fairly broad rally, even as Janet Yellen talked about rates.
Feb 24- Department store chain Macy's Inc reported a weaker-than-expected rise in sales in the holiday quarter and forecast full-year profit and revenue that missed analysts expectations as the company invests in new lower-priced and international stores. While TJX Companies Inc and Ross Stores Inc run only off-price stores, upscale retailer Nordstrom...
Wal-Mart workers just scored a raise. Now retail investors are wondering – are more pay hikes coming?
With the Dow soaring to new highs, Jim Cramer is ready to do some buying in case the euphoria wears off.
As the dispute between union workers and shippers drags on, the impact is spreading to apparel and footwear.
'Mad Money' host Jim Cramer is putting overvaluation talk to the test.
In honor of fashion week Jim Cramer reviews the trending stocks of the moment, including this popular security group.
The West Coast port disruption this week will disrupt these retailers' inventory shipments ahead of the key spring selling season.
As oil prices fall, it becomes harder for energy companies to maintain profitability.
According to Jefferies, off-price retailers Ross Stores and TJX are getting the best return on investment for their real estate.
Companies making headlines before the bell Friday:
Jane Seymour's furniture line, Platine de Royale, is facing issues with inventory stuck in West Coast ports.