Real estate investment trust Excel Trust said it would be bought by Blackstone Property Partners, part of Blackstone Group, for about $2 billion.» Read More
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...
Stock futures are up modestly on better-than-expected jobless claims data and Alcoa’s smaller-than-expected loss.
With consumers feeling the recession pinch, the necessity for designer brands to unload excess inventories has given rise to a new breed of Internet retailers.
Auto makers are posting May sales that are the best for 2009; Ford's economists are estimating that May vehicles sales were roughly 10.4 million; if true that is well above the consensus of 9.4 million.
The reflation trade - strong commodities, weak dollar - was back in vogue Wednesday, even as a revised economic forecast from the Fed took the steam out of stocks.
It's buy the rumor on the stimulus package, the Geithner package, and hopes that mark-to-market will be modified.
It's the kind of retail market that separates the sheep from the goats, and JPMorgan's Brian Tunick thinks the sheep can give investors quite a feast.
The BoE got a step closer by cutting 50 bps to 1% as expected, The ECB has decided to sit the race out by keeping rates unchanged at 2%.
As the debt-laden U.S. consumer grows more and more reluctant to spend and Europeans are cutting down on consumption, the world looks to China for salvation. But experts interviewed by CNBC explain why China will not save the global economy from recession.