Two big retail players restructure, hard times for other brand names and ETFS become a scapegoat for market volatility.
The Dow Jones Industrial Average rallied 490 points or 4.24 percent Wednesday, posting its largest point and percent gain of the year.
Short interest in Teradyne and R.R. Donnelley & Sons increased 34 percent and 16 percent, respectively, in the past month, with more than 10 percent of their float sold short.
Holiday Season 2011 got off to a roaring start with crowds of shoppers lining up at stores from Thanksgiving evening straight on through the morning on Black Friday, but retail executives remained cautious yet upbeat about the rest of the season.
Black Friday has historically been regarded as the day when retailers move from a loss into profit for the year. While the explanation no longer holds much relevance, this year the day after Thanksgiving could be critical for several major retailers.
For bargain hunters on the prowl for the best deal, Black Friday and Cyber Monday are no longer an either-or proposition — and that’s a huge plus for consumers.
Stocks eased off their worst levels, but still finished lower in another thin, volatile session Thursday as investors sifted through a handful of headlines from the euro zone and after the S&P breached a key technical level.
What follows is a look at stocks in the S&P 1,500 displaying unusual volume in Thursday's trading session.
Thursday marks the seventh anniversary of the announcement that Kmart would merge with Sears spacer. And as if like clockwork, it was yet another disappointing quarter, with management reminding us that it “not satisfied” with the results.
Futures edged into positive territory after cutting their early losses Thursday following a handful of better-than-expected housing and employment news, but gains were limited amid ongoing concerns over the euro zone.
To all those who are still digging out from the deadly and massive “Snowtober” storm, some good news: The odds are good that there won’t be a “Snowvember” or “Snowcember.”
Black Friday is more popular than ever with holiday shoppers, but that isn’t stopping retailers from trying to lure bargain hunters into the stores ahead of Thanksgiving.
U.S. stocks are on track for their best monthly-percent gain in over 24 years, with the Dow Jones Industrial Average poised for its biggest monthly-point increase on record, up about 1,260 points.
Short interest in United States Steel is up 19 percent since late September, with one-fifth of the company's float sold short. In the past seven months, US Steel stock is down 65 percent.
U.S. stocks rose for the third consecutive week, posting the largest 3-week percent increase since July 2009.
Citigroup earnings are being dictated by CitiHoldings, a 2008 spinoff of "non-core" assets, which Citi pushed off its balance sheet during the financial crisis but continues to weigh on the bank's earnings performance.
“It’s still about confidence [at] the board and CEO level. Obviously, the challenge is in Europe, our own deficit issues, issues in China. All this stuff has created a macroeconomic environment that makes things a lot more difficult, and created a lot more uncertainty,” said Mark Shafir, co-head global M&A at Citigroup
To get an idea of which S&P 500 index companies have high levels of insider ownership, CNBC’s analyst Giovanny Moreano compiled the numbers with data from Capital IQ and Thomson Reuters.
Toys 'R Us brought back layaway for big ticket items in 2009, and is now announcing that it plans to expand the program. The toy retailer also plans to offer qualified online shoppers a limited-time "bill me later" option as an alternative to the in-store layaway program.
Pro traders were looking at strength in retail Wednesday, with the S&P Retail ETF up about three percent in the past five days.