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
Now that September retail numbers are behind us, Brian Tunick at J.P. Morgan is looking at October, and beyond. For one thing, he says 45 percent of teenagers say the whole vampire thing is "getting a little played out". Well, sort of. More on that in a moment.
Two years ago today, the Dow and S&P hit their all-time highs. The Nasdaq hit its high (not an all-time high) a few weeks later. Here are some factoids on the indices and the VIX since 10/9/07.
Forget what the analysts say. Retail is making a comeback.
Plus, could eBay save the Sunshine State from its housing collapse?
Commodities and commodity stocks higher pre-open on Alcoa earnings. While Alcoa is getting all the attention, Australia is again helping Asian markets due to a much better than expected jobs report there...Australia reported an increase of 40,600 jobs in August versus a forecast of a drop of 10,000 jobs.
As of 9:12 this morning, 100% of retailers tracked by Thomson Reuters have reported same store sales. Here is a breakdown of where things stand.
The SPDR S&P Retail has gained about 6% over the past month. As we head into same-store sales data, what should you expect when the numbers are released, Thursday?
September retail sales: improving, but is it enough? September same store sales, out tomorrow, are expected to decline by 0.8 percent year over year, according to RetailMetrics.
Traders are talking about: 1) FOMC minutes: sunnier outlook, but stocks little changed. The FOMC has released the minutes of its meeting held August 11 and 12. Plus....
He’s found the best-of-breed off-price retailer for your portfolio.
Stocks could drift on low volume in the final weeks of summer, but traders increasingly believe a pull back is brewing in the not too distant future. Even short interest, a powerful market driver, is waning.
A handful of retail stores reported upbeat earnings news on Thursday. Is the sector finally thawing? Retail analysts Kimberly Greenberger of Citigroup and Jeff Klinefelter of Piper Jaffray discussed their insights.
Retailers are gearing up earlier than usual for the back-to-school season and analyst Jeff Klinefelter at Piper Jaffray and Ellen Davis, senior director at National Retail Federation discussed the outlook for the industry.
The Lightning Round is extended in this CNBC.com exclusive feature.
As CIT works to avoid bankruptcy, many who track the retail industry are concerned that CIT's troubles will set off a chain reaction that will leave retailers in the lurch during the critical holiday season.
The reports out this morning are very typical of the mixed bag of economic and earnings news: some bright spots, but a lot of uncertainty.
As the weak-consumer trend continues, some of these discounters are going to keep performing well, said Dana Telsey, chief research officer and retail analyst at Telsey Advisory Group.
The S&P edged higher on Thursday with investors rotating into beaten down energy names and financials and out of consumer staples and pharma.
One recurring theme this week—while sales of luxury goods continue to struggle, consumers continue to shop for less expensive goods.
Monthly chain store sales came out this morning. See which companies did well and which did not...