Jim Cramer was happy to take a breather on Friday, as he thinks this will create plenty of excitement next week.» Read More
WASHINGTON, Feb 27- The White House released draft legislation on Friday that would give consumers more control over how the trail of data they leave behind them on the internet is used, stored and sold. President Barack Obama has made cybersecurity a major focus in the wake of high-profile hacks at companies such as Sony Pictures Anthem Inc and Target Corp..
Feb 26- Department store operator Kohl's Corp forecast full-year revenue above analysts' expectations and reported higher-than-expected quarterly profit and sales, helped by demand for apparel and accessories in the holiday shopping season. Shares of Kohl's, which also said it would buy back $1 billion of shares this fiscal year, rose 3 percent to an over...
Oliver Chen, Retail Analyst, Cowen Group, discusses improvement in the retail sector and whether there's really reason for optimism.
The company, which owns the Sears and Kmart chains, said net loss attributable to shareholders was $159 million, or $1.50 a share, in the quarter ended Jan. 31, against a loss of $358 million, or $3.37 a share, a year earlier. Once the largest U.S. retailer by revenue, Sears has seen sales drop due to stiff competition from Target Corp, Wal-Mart Stores Inc and Home Depot Inc..
Retail: good or bad news?
Target made several bets that paid off in the fourth quarter, CFO John Mulligan said.
U.S. stocks closed narrowly mixed amid firming oil prices, moderate housing data and some debate over Yellen's congressional testimony.
Discussing Target's strong fourth quarter, and the threat of the slowdown at West Coast ports, with John Mulligan, Target CFO.
Plans to hike employee pay could spell trouble for Wal-Mart, according to the latest research.
NEW YORK— In a story Feb. 23 about Target Corp.' s free shipping policy, The Associated Press reported erroneously that Overstock.com offers free shipping only to loyalty club members. The story also changes the spelling and capitalization in several instances of Wal-Mart to conform with Associated Press style:. The minimum takes aim at competitors Wal-Mart...
Days after Wal-Mart announced pay raises, TJX said that it, too, will boost hourly wages.
Feb 25- U.S. retailer Target Corp reported a stronger-than-expected jump in fourth-quarter sales and profits and forecast modest growth this quarter in a sign that its online business strategy and focus on promoting select categories is working. Similar to other retailers lower fuel prices also helped, Chief Financial Officer John Mulligan told a media...
TJX Cos. said Wednesday that it will increase pay for its U.S. workers to at least $9 an hour starting in June. The announcement came a week after Wal-Mart Stores Inc. said it would increase starting wages for its U.S. employees to at least $9 per hour by April and by at least $10 by Feb. 2016. John Challenger, CEO of global outplacement firm Challenger, Gray& Christmas...
Big indices are far above their 50-day moving averages. When these indices get too far from that average, there is a reversion to the mean.
CNBC's Jim Cramer says Wal-Mart should be worried about Target after the company's latest quarterly earnings report.
An earnings call with Target's chief financial officer John Mulligan announced changes in the week to come.
CNBC's Jim Cramer explains why Wal-Mart should be concerned with Target after its latest earnings report.
Paul Trussell, Deutsche Bank analyst breaks down the retailers quarterly numbers and weighs in on the impact of raising the minimum wage as Wal-mart did.
Feb 25- U.S. retailer Target Corp reported a stronger-than-expected jump in same-store sales and profits for the key fourth quarter, helped by its expanding online business, and forecast modest earnings growth in the current quarter. Adjusted earnings per share, which excludes items including a massive loss related to the Canada exit, came to $1.50 in the...
U.S. stock index futures signaled a flat open on Wednesday after comments from Fed Chair Yellen's speech to Congress.