Clothing retailers are adding more in-store bars, encouraging shoppers to mix Happy Hour and holiday errands.» Read More
Cramer always says top management is a key factor to consider when buying a stock. And he likes these four top managers very much.
The yield on the 10 year hit Art Cashin's "alarm bell" level Monday as Fed jitters escalate — and that's got the stock market on edge.
Stocks kicked off the week with a thud, with the Dow and S&P 500 logging their first four-day losing streaks this year, as Treasury yields hit a two-year high amid ongoing worries over when the Federal Reserve might start to reduce its asset purchases.
Wal-Mart and other big business interests argue that raising the minimum wage will kill jobs and raise prices. The truth may be different.
*Intel and Apple rally, lifting tech shares. *Saks posts second-quarter loss, sales weak. The index received the strongest boost by Apple Inc, up 1.8 percent to $511.40.
With Saks the latest retailer to disappoint with weaker-than-expected earnings, investors are worried about how the retail sector will fare heading into a heavy week of earnings.
*Intel advances as S&P's top gainer, Apple also higher. *Saks posts second-quarter loss, sales weak. *JPMorgan falls on investigation, financials lower.
Saks released Q2 results earlier than scheduled; CNBC's Courtney Reagan has the details.
*Urban Outfitters earnings due after the bell. NEW YORK, Aug 19- U.S. stocks were little changed on Monday, following the Dow industrials' largest weekly drop in more than a year, as traders positioned for an expected move by the Federal Reserve to scale back its economic stimulus.
NEW YORK, Aug 19- U.S. stocks were set to open little changed on Monday, following the Dow industrials' largest weekly drop in more than a year, as traders positioned for an expected move from the Federal Reserve to scale back its economic stimulus.
Aug 19- Saks Inc on Monday reported a deeper than expected second-quarter loss after disappointing sales of shoes and handbags forced the luxury retailer to mark down prices. Saks, which last month reached a deal to be bought by Canada's Hudson's Bay Co, reported same-store sales rose 1.5 percent, well below the 4.5 percent rise Wall Street analysts had expected.
U.S. stock index futures were narrowly mixed Monday, after major indexes posted their first back-to-back weekly losses since late June, amid ongoing uncertainty about when the Federal Reserve might start tapering its asset purchases.
Teens are shopping, but their back-to-school wish lists have changed. Many are mixing designer handbags and fast fashion, making it tough on traditional teen retailers.
Aug 8- J.C. Penney Co has started searching for a new chief executive to replace Myron Ullman, with top investor Bill Ackman pushing to have one named in 30 to 45 days, according to a letter the activist investor sent to the company's board.
Aug 8- J.C. Penney Co Inc has begun the search for a new chief executive to replace Myron Ullman, with top investor Bill Ackman pushing to have one named in 30 to 45 days, according to a letter the activist investor sent to the company's board.
Investors will be scanning retail earnings reports, due out over the next few weeks, for the lessons they hold about the back-to-school shopping season, the second-busiest retail period.
Designed with 24-karat-gold thread, an ultraluxe collection has entered the intimate apparel market to fill a void in the underwear drawers of the wealthy.
Showcasing the latest in the big business of skimpy, several designers were featured during the second edition of Lingerie Fashion Week.
T.J. Maxx plans to open an online store this year, as does rival Saks' Off Fifth outlets, making 2013 the year tech may have caught up with the speed of fashion.
NEW YORK, Aug 4- U.S. low-price retailer T.J. Maxx plans to open an online store this year, as does rival Saks Inc's Off Fifth outlets, making 2013 the year technology may have caught up with the speed of fashion. This will be TJX Cos Inc's, owner of T.J. Now, TJX is one of the fastest growing retailers, and T.J. Maxx one of the most popular brands.