Minutes from the Federal Reserve's October meeting could help determine the course of interest rates for the rest of the year.» Read More
It's a continual worry in the markets: Will the consumer continue to spend? The answer so far seems to be "yes." But cracks are appearing as Americans wrestle with high debt, tightening credit, inflation and a worsening housing slump. That's led to speculation that consumers may become tapped out enough to push the economy into a recession.
U.S. retailers are still sweating through the back-to-school shopping season, but an early chill has already crept into their prospects for the all-important holiday season.
U.S. stocks ended mixed as the investors looked for signs that the Federal Reserve may cut interest rates again soon. "I think it's encouraging that we are kind of stabilizing after last week's turmoil," said Alec Young, equity market strategist at Standard & Poor's.
Several retailers posted improved quarterly earnings on Tuesday, but many remained cautious about the rest of the year.Retail stocks were mixed in reaction, with shares of upscale retailers such as Saks trading lower, while club stores such as BJ Wholesale Club gained ground. Both were among those reporting results Tuesday.
Staples, the largest U.S. office supplies retailer, posted an 11% rise in quarterly profit Tuesday, but North American sales in stores open more than a year slipped and its stock fell.
Moments ago on the Staples conference call...the CEO says he that he was cautious about the consumer last quarter and now that's progressed to "worried" about the consumer. The retail business is particularly weak in Florida (Tampa, Orlando) and California.
Office supplies retailer OfficeMax posted higher-than-expected second-quarter earnings Wednesday, helped by better retail sales and improved margins, and its shares rose as much as 11 percent.
Analyst actions and corporate announcements were some of the catalysts behind the most actively traded stocks on Thursday.
Amazon, Savient Pharma, Staples, Barnes Group and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Stocks ended mixed and the S&P 500 failed to close at a new record for the second straight session. "We started out a little weak, and then we had a nice little rally, but the buyers were already in and there was no place for stocks to go but down," said Tom Schrader, head of listed trading at Stifel Nicolaus. "It's indicative of the late stages of a bull market."
Asset sales and earnings reports catalyzed the most actively traded stocks on Tuesday.
Staples said first-quarter earnings rose 12%, helped by growth at its international business. However, the Framingham, Mass., office supplies retailer saw some weakness at its North American stores. Although the company reiterated its forecasts, it warned earnings per share in the second quarter might fall at the low-end of its estimates.
CBS fired Don Imus from his radio show Thursday, the finale to a stunning fall for one of the nation's most prominent broadcasters. Imus initially was suspended for calling the Rutgers women's basketball team "nappy-headed hos" last week, but outrage continued and advertisers bolted from his programs.
NBC News has decided that its cable news channel, MSNBC will no longer simulcast the Don Imus radio program, effective immediately. CBS Radio says its two week suspension of the program stands although it is monitoring the situation. Advertisers have been defecting from the controversial radio host.
The last Lightning Round of the week is always sad, but Cramer's gonna keep it together and tell you what he thinks of Dick's Sporting Goods, Staples and one group of stocks that keeps him up at night - the Canadian banks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Despite what you’re hearing these days, tech isn’t going to bottom any time soon. Don’t get bamboozled by hopeful analysts – hope is not a part of the equation.
Well--the first weekly winner has been declared--Nancy Beaumont and she will be removed from the leaderboard. So how are the others doing? Here's a look from yesterday's action. Scott Wrynn maintains the top spot in the leaderboard for the second day in a row with his...
Cramer gives his take on Dell, Under Armour, Bausch & Lomb and more...
Office supply retailer Staples reported fiscal fourth-quarter earnings and sales ahead of market expectations Thursday and also boosted its dividend to shareholders.
Which retail stocks should investors keep an eye out for in ’07? Robert Buchanan, retail analyst for A.G. Edwards, and Dana Telsey, retail analyst and chief research officer for Telsey Advisory Group, were on “Morning Call” to give their picks. Buchanan has a buy on J. C. Penney . He says a slowing has already occurred and the company is poised for growth in the new year. Buchanan especially likes the management at Penney.