U.S. equities traded mostly flat as investors digested key economic data while bracing themselves for two key central bank meetings.
U.S. equities closed higher on Monday, unfazed by a key vote in Italy which led to Prime Minister Matteo Renzi's resignation.
Debating the future of Sears with Don Ingham, Tenth Avenue Holdings director, with the bull position, and Mark Cohen, Former Sears Canada CEO, director of retail studies at Columbia University, with the bear position. With Marcus Lemonis of "The Profit."
At least initially, Italy could call the shots for global markets in the week ahead, as the Trump rally begins to show signs of tiring.
NEW YORK— Steven Mnuchin, who was nominated by Donald Trump as the next Treasury secretary, is stepping down from the board at Sears. Mnuchin, 53, has been on the Sears Holdings Corp. board for more than 11 years, according to the company. He was the Yale roommate of Sears Chairman and CEO Eddie Lampert.
HOFFMAN ESTATES, Ill. _ Sears Hometown and Outlet Stores Inc. on Thursday reported a loss of $93.2 million in its fiscal third quarter. On a per-share basis, the Hoffman Estates, Illinois- based company said it had a loss of $4.11. This story was generated by Automated Insights using data from Zacks Investment Research.
He never ran a large organization or showed himself to be an accomplished economist. But he is very much a part of the firmament of the finance world.
Some retailers are much more lenient than others when it comes to bringing back gifts. Here's what to watch out for.
Bargain-hungry shoppers rushed the big-box chains and department stores for Black Friday doorbuster deals.
The Retail ETF (XRT) ticked up 2.65 percent, with Kohl's leading the group after the department store released its earnings report.
Another major department store chain will kick off its Black Friday deals on Thanksgiving.
Sears' Kmart on Friday responded to reports that the fifth-largest U.S. toymaker has suspended shipments to its stores ahead of the critical holiday season.
Stocks that could get hit, hard.
Some of the names on the move ahead of the open.
These are the stocks posting the largest moves after the bell on Tuesday, including: MU, SHLD, ACIA, TMH.
Shares of Sears were initially paused for volatility. They spiked as high as 16 percent after resuming trade.
With retail vacancies trending lower and rents moving higher, 2016 has proven more challenging for Halloween pop-up shops.
Sears is partnering with ride-services company Uber as the struggling retailer tries to make its rewards program more attractive to shoppers.
Federica Marchionni is exiting her post as CEO of Lands' End, the retailer said Monday.
Bruce Berkowitz, founder and CIO of Fairholme Funds, has hit a rough patch with his flagship fund.