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
Stocks finished the session sharply higher Wednesday ahead of the Thanksgiving holiday, following a handful of reports that offered some hope that the U.S. economy was improving.
Stocks were trading sharply higher Wednesday following a handful of reports that offered some hope that the U.S. economy was improving.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Sure, there are a slew of black Friday TV commercials and you'll be inundated with glossy newspaper insert ads. But that's not all retailers are doing this year to get your attention — everyone from big box stores to boutiques is pulling out all the stops to deliver deals directly to consumers, to compel them to spend.
Consumers may be loosening up their purse strings a tad this holiday, but bargain hunting is out of the picture. In fact, shoppers can expect plenty of promotions and discounts as retailers battle it out in the vital closing months of the year. Lower price-point gifts will play a role in luring customers in and guiding their purchase decisions.
Ah, no. But don’t be surprised if you hear this over and over again for the next six weeks.
Stocks clawed back, but still ended mixed, as techs and retailers rose in the final half hour of trading and the market continued to digest a potential insider trader scandal as well as a lack of clarity over the direction of financially troubled European countries. BofA and JPMorgan fell, while HP rose.
Stocks pared losses Monday afternoon as techs and retailers rose in the final half hour of trading as the market continued to digest a potential insider trader scandal as well as a lack of clarity over the direction of financially troubled European countries. BofA and JPMorgan fell, while HP rose.
Stocks slumped as a lack of positive news failed to counter worries about Europe's efforts to address debt problems in Ireland as well as other periphery euro zone countries. Bank of America and JP Morgan fell, HP rose.
This holiday season is setting up to be a real nail biter. Most holiday forecasts call for flat or just slightly higher sales than last year. But several factors may tip the scale. On the plus-side: there is a more upbeat mood among affluent consumers as well as a strong appetite for gadgets and electronics. On the downside: there is an uncertain economy, with unemployment stubbornly high, and a consumer who looks at spending quite differently than in the past. What will shift the balance?
Times are tough, and retailers are getting creative, wrapping their marketing campaigns in some unlikely packaging this year, from new “grab-and-go” gift shops at Macy’s to new flexible payment options at Sears.
Black Friday weekend used to be the bellwether of the holiday shopping season. Merchants held their breath when Thanksgiving weekend sales results trickled in, holding up the period as a major indicator of how their stores would perform. But the weekend has lost much of its crystal-ball appeal.
Black Friday weekend, the Super Bowl of the holiday shopping season, is upon us. But in the frenzy of the weekend, it's easy to fall into some common traps. Here’s a primer on which pitfalls to avoid and tips on how to snag the best deals.
If so, Cramer shows you how to catch the next one.
Activision’s latest “Call of Duty” game continues to set records for the company. The video game publisher announced Thursday that in its first five days on store shelves, “Call of Duty: Black Ops” has generated sales of $650 million.
U.S. stock index futures rallied ahead of the open Thursday as General Motors shares looked set to jump on their return to the New York stock market, and jobless claims came in as expected.
Stocks ended mixed after trading in a tight range for most of the session Wednesday as continued uncertainties with the global economy weighed on investors, ahead of General Motors highly anticipated initial public offering. Home Depot fell, while McDonald's rose.
What follows is a roundup of corporate earnings reports for Wednesday, Nov. 17.
Stocks turned negative after trading within a tight range for most of the session Wednesday as continued uncertainties with the global economy weighed on investors. Home Depot fell, while Merck rose.
Forget Europe's debt crisis, the Street is much more concerned about something else.