The "Fast Money Halftime Report" traders take their positions on four stocks making news today, including Deere, Target and more. » Read More
In the wake of a disappointing December sales report, it is clear Target has its work cut out. The discount retail chain has tried to hit up designers such as Missoni and Jason Wu to try and reignite the fashionable image that once drove its business. It's next move may be to partner with retail's latest darling: Apple.
Jon Najarian, optionMONSTER weighs in on the trade on Goldman Sachs downgrade, RF Micro Devices, Target, and Apple.
lowered its year forecast and is considering its options for its Nook e-reader, but Chief Executive William Lynch insisted book sales are up and said that the company is benefiting from consolidation in the industry.
Culled from thousands of pages of 2012 outlook reports, 13 stocks are being called “The Most Recommended Stocks for 2012”, according to a new report from Birinyi Associates.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
Most U.S. retailers turned in solid finish to the holiday season, despite bargain-hungry consumers who put off their holiday shopping until the last-minute in order to snag the very best deals, and mild temperatures, which dampened demand for winter apparel.
Take a look at some of Thursday morning's early movers:
Sauder Woodworking manufacturers much of its ready-to-assemble furniture in Ohio, even in the face of cheaper competition overseas. Perhaps more surprising, the company has been pioneering sustainable business practices since it began three generations ago.
S&P futures popped about 5 points as the ADP Employment Change for December came in much stronger than expected, at 325,000 jobs created, well above the consensus of 175,000. This bodes well for the December nonfarm payroll report, out tomorrow.
Retailers are expected to report healthy sales gains in December, as a last-minute flurry of shoppers scooped up marked-down merchandise.
While both professionals and do-it-yourself investors try to prognosticate the new year, we're always dealt our fair share of surprises — good and bad. Here are five stocks that turned in the biggest negative surprises for investors.
Restaurants that have filed for Chapter 11 bankruptcy protection this year, including Friendly’s, Chevys, Sbarro and Perkins, barely bringing in enough cash to cover basic expenses. Yet they somehow keep hanging on — leaving too many restaurants chasing after scarce dining dollars.
At some point, no one is a long-term holder. The long-term buy and hold investors are not as willing to buy and hold as they used to be.
Sears' decision to close up to 120 Kmart stores shows a retailer struggling to draw shoppers at a time of increasing competition, Credit Suisse retail analyst Gary Balter told CNBC.
Sears Holdings' announcement that it will close between 100 and 120 locations should not really be a surprise. Since the combination of Sears and Kmart, management has focused on everything BUT the most important item: the customer. Stock buybacks and cost cutting have ruled while Target, Kohl's and Wal-Mart have focused on sprucing up stores and grabbing a larger share of the consumer wallet.
The largest U.S. specialty electronics retailer said late Wednesday that "overwhelming demand for some products from Bestbuy.com has led to a problem redeeming online orders made in November and December.
CNBC's Jane Wells has the details of online sales slowing as we inch towards the end of the holiday season from the Target.com fufillment center in Tucson.
One analyst says this is the year online sales will go to the next level. Target, for instance, revamped its website in preparation for the holidays. CNBC's Jane Wells reports.
Christmas this year has come to the neighborhood pawnshop — and business is booming like never before, the New York Times reports.
With the holidays looming, it’s easy to fall prey to retail tactics that coax you to spend more as you frantically gather gifts for those on your list. Here are some tips to avoid these spending traps.