Retailers are eyeing shopping mall vacancies to house spinoff concepts, as they search for ways to grow sales organically.» Read More
Avoid this tried and true investment strategy, Jim Cramer says.
THE HAGUE, Netherlands-- Dutch bank Rabobank is ending its long sponsorship of professional cycling, saying "the trust in the cycling world has gone" following the publication of the U.S. Anti-Doping Agency's report on Lance Armstrong. The bank said Friday it will halt sponsorship of its men's and women's professional teams at the end of 2012 after 17 years.
Stocks closed near session lows Tuesday, with most key S&P sectors finishing in the red, amid fears over slowing global growth and ahead of what many expect will be a weak earnings season.
Among the stock activity stories for Tuesday, Oct. 9, from AP Business News:. _ Shares of Research In Motion Ltd., the maker of the BlackBerry phones, fell after an analyst said the company's new operating system will launch later than he had expected.
U.S stock index futures struggled for direction Tuesday as investors remained on edge over worries about slowing global growth and ahead of the third-quarter earnings season.
Take a look at some of Tuesdays morning movers.
*BofA Merrill raises RadioShack Corp to buy- Streetinsider.com For a summary of rating and price target changes on U.S. companies:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
NEW YORK-- Shares of RadioShack Corp. jumped nearly 9 percent Tuesday after a Wall Street analyst boosted her rating for the electronics retailer's stock to "Buy," saying that most of the risks surrounding the shares have already been factored into their price.
Oct 8- Fitch Ratings has taken the following rating actions on RadioShack Corporation. The ratings reflect the significant decline in RadioShack's profitability, which has become progressively more pronounced over the past four quarters.
*Effective September 26 increased Dorvin Lively annual base pay from $625,000.
*UBS cuts RadioShack Corp price target to $1.5 from $2; rating sell. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
NEW YORK, Oct 2- Small- and mid-capitalization stocks were flat to higher o n Tuesday, though shares of RadioShack extended their recent losing streak.
**ARQULE INC, $2.30, down 53.9 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **GENERAL MOTORS, $23.82, up 3 pct. Hedge fund manager David Einhorn said auto-maker General Motors "is much healthier now," and is getting its product refreshments "right."
Jim Cramer explains what to watch ahead of the open, including RadioShack same-store sales down 4%.
Best Buy beats on the top line but revenues fall short. Insight with Brian Nagel, Oppenheimer & Co., who says Best Buy plans to shut down 50 big box stores.
Alan Rifkin, Barclays Capital, explains why he upgraded RadioShack after he had a "sell" on the stock for years.
Shares of RadioShack are falling off a cliff today after the electronics retailer warned Q4 earnings would come in well below analyst expectations, with the Fast Money team.
Discussing whether RadioShack's Q4 results is a sign of long-term changes in the struggling electronics retailers business, with Michael Lasser, UBS hardline retail analyst.
CNBC's David Faber has the details on Radioshack blaming Sprint's postpaid wireless business for its Q4 results.