Although large employers are committed to providing their workers with health benefits now, the looming 'Cadillac' tax raises questions about the future.» Read More
*Alcoa slides after results, Sears down on holiday sales. NEW YORK, Jan 10- U.S. stocks edged lower on Friday after the December payroll report came in much weaker than expected, raising new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus.
Many U.S. retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season.
*Alcoa shares slide after results. NEW YORK, Jan 10- U.S. stocks were little changed in volatile trading on Friday as a weaker-than-expected payrolls report was partly blamed on frigid weather, leaving traders in search of further clues on the state of the economy.
Discussing Target's data breach and how much it will hurt their bottom line, with Stacey Widlitz, SW Retail Advisors.
*Alcoa shares slide after results. NEW YORK, Jan 10- U.S. stocks were set to rise slightly at the open on Friday even as the December jobs report came in much weaker than anticipated. "That's what markets do," said John Canally, investment strategist and economist for LPL Financial in Boston.
*Alcoa shares slide after results. NEW YORK, Jan 10- U.S. stock index futures climbed in low volume on Friday as traders awaited a key report on employment in the world's largest economy. "I expect the number to be strong and an initial surge to 1,850 on the S&P," said Ken Polcari, director of the NYSE floor division at O'Neil Securities in New York.
Some of the names on the move ahead of the open.
*Alcoa shares slide after results. *Alcoa reported a massive quarterly loss on Thursday after recent declines in aluminum prices; its shares fell 7.5 percent in premarket trading.
NEW YORK, Jan 9- Sears Holdings Corp's sales are slipping faster and faster. Sears stores, sales at stores open at least one year, an industry benchmark known as comparable sales, were down 9.2 percent in the nine weeks that ended Jan. 6 and down 5.7 percent at the discount Kmart chain. The company has about 2,000 Sears and Kmart locations in the United States.
NEW YORK, Jan 9- Sears Holdings Corp's sales are slipping faster and faster. The troubled retailer on Thursday reported declines in comparable-store sales at its Kmart and U.S. namesake chain for the crucial holiday season that were even sharper than for the third quarter.
Companies making headlines after the bell Thursday:
The nine justices are set to consider during their private conference on Friday three similar cases brought by consumers against Sears Roebuck and Co, Whirlpool Corp and BSH Home Appliance Corp over faulty front-loading washing machines.
NEW YORK, Jan 9- Sears Holdings Corp reported on Thursday that comparable store sales at its Kmart and Sears U.S. chains fell sharply during the holiday season, continuing a years-long decline. At its Sears stores in the United States, comparable store sales were down 9.2 percent between the start of the current quarter through Jan. 6 and down 5.7 percent at Kmart.
Analysts say retailers' big challenge will be to figure out a way to attract customers without giving away the store, as many did this holiday.
Jan 9- Hellman& Friedman LLC is exploring a sale of Catalina Marketing Corp, which claims to have the world's largest shopper history database and could fetch as much as $2.5 billion, according to three people familiar with the matter.
The gifts are all unwrapped. Returns and exchanges have been made. Now it's time to see what really happened during the holiday shopping season.
The "Fast Money" traders share their final trades of the day.
Analyst Brian Sozzi has detailed pics and stats arguing his case about why Sears is experiencing a slow death. Sears has come out swinging against him, going so far as to accuse him of working for Macy’s.
These companies will have to make significant changes if they're to become a Wall Street comeback story. The Fiscal Times reports.
Retailers are about to roll out the last holiday sales of 2013. USA Today reports.