Deutsche Bank analyst Paul Trussell downgraded Macy's, citing "low confidence that the company can bust out of its same-stores sales rut."» Read More
U.S. retailers posted their best monthly sales performance in February since just before the recession started in 2007, as leaner inventories resulted in more sales at full price. Brian Tunick, managing director and specialty retail analyst at JPMorgan said he sees consumers continuing to make a comeback.
Greece will sell about 5 billion euros of 10 year bonds (at about a 6.3 percent yield) — it is well oversubscribed. They need to refinance up to 23 billion euros of maturing debt coming in the Apr/May time frame. 2. Retail sales for February have topped expectations. 3. Wal-Mart increased its dividend to $1.21 from $1.09 per year. Over 60 companies in the S&P 500 have increased their dividend since the start of the year. 4. A bankruptcy judge gave the management of General Growth Properties won a four month extension to keep control of the bankruptcy restructuring.
Expectations very low for February, given the huge snowstorms in the Northeast. But analysts who actually bother to call around to the stores (there's still a few who do real research) are generally reporting that sales are a bit better than exepected.
Markets were mostly flat after a higher opening on Monday, as investors sold energy and materials stocks. How should investors be positioned? Neil Hennessy, portfolio manager and CIO of Hennessy Funds and Dan Veru, Palisade executive vice president and CO-CIO of Capital Management shared their insights.
The more people who go on vacation, the more money this company can return to shareholders.
So far, that is. Read on for one of Cramer's retail favorites right now.
Amid Thursday's carnage, the Fast Money traders have spotted a few buying opportunities. Following are stocks they'd snap up in this down tape.
New data from SpendingPulse suggests Thursday's same-store sales numbers might surprise, pleasantly. How should you be positioned?
Early signs are showing that retailers had a happy holiday, but investors should remember that there are still five critical weeks left in the holiday quarter for many retailers.
Goldman Sachs may be the canary in the coal mine. And it looks like it’s breaking support. What must you know to trade this market?
Stocks tumbled Thursday after an analyst downgrade on the chip sector and gains in the dollar. Intel, Alcoa and GE were the Dow's biggest losers.
Stocks fell sharply Thursday as a jobless-claims report did little to assuage economic worries and investors pushed the dollar higher.
Find out which competitors have the goods this retailer is missing.
The Dow dropped over 100 points Thursday, led by Intel, after an analyst downgrade on the chip sector. A stronger dollar also weighed on the market.
Stocks were set to extend the previous session's losses at the opening bell Thursday, with European stocks dragging on sentiment as miners and food producers struggled.
What follows is a roundup of corporate earnings reports for Thursday, Nov. 19.
U.S. retail sales rose more than expected in October as consumers bought more cars and other goods, according to a government report on Monday. Are we finally seeing a recovery in the retail sector? Dan Greenhaus, chief economic strategist at Miller Tabak, discussed his sector outlook.
When the wealthy open their wallets, the rest of us follow. Find out how to trade it.
October retail sales generally positive, not as robust as last month, but we don't have the back to school stimulus that we had last month.
Approximately 35 percent of S&P companies having reported so far so what do the results tell us for stocks going ahead? Neil Hennessy, portfolio manager and CIO of Hennessy Funds and Steven Stahler, president of Stahler Investment Group shared their market outlooks.