Hong Kong's Causeway Bay may lose its crown as a slowdown in mainland tourists hits store sales, paving the way for its first drop in a decade.» Read More
L'Oreal, the world's largest cosmetics group, has launched legal action against eBay, alleging the online auctioneer does not do enough to combat the sale of counterfeits, the company said on Monday.
A surprise drop in U.S. jobs could scare consumers into shutting their wallets during the key holiday shopping season.
The Dow might be recovering currently, but overall this bull market of ours is still in question. Three pieces of this bull however broke out Thursday and may keep going.
Stocks closed mostly lower after a day of choppy trading as investors worried whether Federal Reserve Chairman Ben Bernanke would signal a possible interest rate cut during a speech Friday morning. Volume was very light but without extreme volatility," said Scott Fullman, director of investment strategy, for IA Englander.
Upscale jeweler Tiffany reported lower second-quarter net profit Thursday on charges related to the pending sale of its Little Switzerland business, despite sales growth in some markets.
Tomorrow is the end of the month, significant for several reasons, including: 1) end of the quarter for a number of brokerages, including Morgan Stanley, Bear Stearns, and Lehman Brothers, and 2) a large amount of asset-backed commercial paper (ABCP) will be rolling over.
The Polo player was seemingly thrown off his horse Wednesday. Shares of Polo Ralph Lauren (RL) dropped 13% as sales disappointed Wall Street. There's been some discussion on Fast Money over the past few weeks about betting on companies that cater to the rich in the face of credit concerns and higher oil prices. Does Ralph’s poor earnings throw a wrench into that line of thinking?
Polo Ralph Lauren posted a weaker-than-expected quarterly profit Wednesday, hurt by acquisitions-related accounting, and cut its full-year earnings forecast due to a higher tax rate, sending its shares down as much as 13 percent.
Billionaire investor Carl Icahn has taken a stake in Kraft Foods, according to The Wall Street Journal.
Activist investor Nelson Peltz has developed a taste for Kraft Foods, buying a 3% stake in the company, according to CNBC's David Faber, who quoted people familiar with Peltz's strategy. Kraft, which makes Oreo cookies and Oscar Mayer meats, saw its shares surge nearly 5% on the report.
On Thursday Tiffany (TIF) said earnings jumped 15% - the same day Costco (COST) said profits fell 5%. This is the great consumer divide in action, folks. Higher gas prices heading into this summer are dividing the “haves” from the “have nots”. How do you trade this phenomenon?
Luxury jeweler Tiffany & Co. said Thursday that quarterly profit rose, helped by strong sales in U.S. and international markets, with the exception of Japan.
Gasoline prices are soaring -- but one "Morning Call" guest says the best revenge is investing well. Rob Cox, U.S. editor of Breaking Views, joined CNBC's Mark Haines to talk about "the middle squeeze" at the pump -- and how to play it.
A U.S. District Judge might have denied NASCAR's request to stay an injunction that allowed the Cingular logo on Jeff Burton's car to be replaced with an AT&T logo, but NASCAR got a victory yesterday when Alltel agreed to a $25 billion private equity buyout. Let's go back and put this in context for you. NASCAR obviously did not want the AT&T brand on the track because it wasn't one of the brands that were grandfathered in when the governing body signed a 10-year, $700 million deal with Nextel to be the official telecommunications company of NASCAR. But consolidation in this industry is very common -- Sprint soon bought Nextel and AT&T bought Cingular.
Suddenly, the U.S. is the lap of luxury and Bulgari, Tiffany and Cartier are all looking to expand here.
The Italian jeweler says there's new wealth to be tapped here.
Cramer's take on Diageo, Dominos Pizza, Dow Chemical 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.
See what analysts had to say today about the market on CNBC.
Upscale jewelry retailer Tiffany & Co. on Monday said fourth-quarter net income was nearly flat, weighed by an impairment charge. The company also offered a bullish first-quarter outlook.
Good morning all. We hope you were able to watch Friday night's "How To Win" contest program. But if not, or even if you did, I'll re-cap some of the show in blog posts today. We'll start with some of the picks--I'm sure you'd like to know what the experts were hot about. So far, there are 443,291 contest registrations to date.