Deutsche Bank analyst Paul Trussell downgraded Macy's, citing "low confidence that the company can bust out of its same-stores sales rut."» Read More
Whirlpool may look like a stock to avoid, but there's a reason the big money managers are buying it.
You'd think the bad unemployment number would have kept us down. But here's why it didn't.
Retail should be getting slammed by a weak back-to-school season. So, how come shares are up?
Wall Street will get back to business fast Tuesday as it assesses the aftermath of Hurricane Gustav and starts to consider the first of a number of important economic reports this week.
Ding, dong Dell. The computer marker's after hours earnings miss could put a dent in tech in Friday's quiet, pre-holiday session.
Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $116 a barrel after earlier topping $120.
Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $118 a barrel after earlier topping $120.
Stocks opened higher Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought. Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.
U.S. stock-index futures rebounded Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought. Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.
Futures popped about 6 points at 8:30am ET, as preliminary second quarter GDP of 3.3 percent seems to have ended talk of a "formal" recession. MBIA up 17 percent pre-open, as it agreed to reinsure $184 billion of municipal bond risk from FGIC (its competitor). MBIA gets $741 million in premiums. Ambak up 13 percent in sympathy. And retailers continue to report very mixed results.
Thursday's markets will be quiet, but there are a few important undercurrents investors are watching.
All major U.S. Indices ended the week in positive territory, led by a 4.46% gain in the NASDAQ Composite Index. Commodity prices continued to fall broadly across the board, with oil prices tumbling $9.90 this week.
Stocks finished lower Monday, as weakness in financials and energy stocks overpowered a sharp drop in oil price typical of what usually pushes the market higher.
Wall Street whale Bill Ackman is known to patiently stalk his prey for years. Yes, beneath his smooth exterior and soft-spoken demeanor lies the heart of a killer. Should you trade in his wake?
The most troubling aspect of the business is that they don’t own the intellectual property of many of the brands they made their name on and have lost some of the licensing contracts that once generated so much business for them.
U.S. apparel chain Steve & Barry's Chapter 11 bankruptcy filing last week is likely to lead to its liquidation, The Wall Street Journal said on Monday citing people involved in the case.
The New York Post reported this morning that New York Knicks guard Stephon Marbury, who popularized low cost basketball shoes with his "Starbury" brand at retailer Steve & Barry's, spent Wednesday in Seattle signing a deal with Amazon to sell the sneakers on their web site.
The Dow closed higher Tuesday after GM surprised Wall Street with stronger-than-expected June sales and financial shares reversed earlier losses. What's the "Word on the Street?"
Following are the week’s biggest winners and losers. Find out why shares of Anheuser-Busch and Exxon Mobil popped while Boeing and Yahoo! dropped.
Until these companies start closing down stores, Cramer says sell, sell, sell.