As investors question the future of specific stocks, one portfolio manager says they should instead be looking to the past.» Read More
President Obama presented his final budget to Congress on Tuesday. Here are some suggestions for where all that money could go.
Last year, a group of retailers pledged to the end the controversial practice of on-call scheduling. But how far have they come?
FLAGSTAFF, Ariz.— The Navajo Nation is seeking potentially millions of dollars from Urban Outfitters Inc. over clothing, jewelry and other merchandise bearing the tribe's name that the popular retailer has sold. WHAT IS THE NAVAJO NATION SEEKING? The Navajo Nation wants revenue from products sold by Urban Outfitters and its subsidiaries under the "Navajo" name...
FLAGSTAFF, Ariz.— The Navajo Nation is seeking potentially millions of dollars from Urban Outfitters Inc. over clothing, jewelry and other merchandise bearing the tribe's name that the popular retailer has sold. The Navajo Nation wants revenue from products sold by Urban Outfitters and its subsidiaries under the "Navajo" name dating back to 2008.
Earlier Friday, the U.S. Commerce Department said that retail sales posted an unexpected drop in December.
Following a disappointing 2015, analysts are cautious on the retail sector heading into 2016.
*U.S. markets close early day after Thanksgiving holiday. U.S. stock markets closed three hours earlier following the Thanksgiving holiday on Thursday, with many traders taking the day off. "We're going to get today over with and hit the ground running next week," said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago.
U.S. stocks ended narrowly mixed in light volume trade, under some pressure from declines in Disney and oil prices.
Take a look at some of Friday's early movers: TGT, AMZN, WMT, M, DIS & more
While the broader holiday sales picture isn't all merry and bright, for some retailers, that macro view really doesn't matter.
For a big group of stocks within the S&P 500, performance trends have been either decidedly positive or negative.
Stumped about what to get her this holiday? This gift guide will give you plenty of ideas.
Bidders have found little appeal in disfavored retail stocks, even as chains sink to valuations that were appealing in the past.
Tuesday's earnings reports dispelled some fears that consumers are keeping their wallets clamped shut as the holidays approach.
*Urban Outfitters, Dick's Sporting sink on weak results. Wal-Mart, up 4.4 percent at $60.39, and Home Depot, 4.1 percent higher at $125.78, provided the biggest boost to the Dow and the S&P. Home Depot rival Lowe's, which reports on Wednesday, was up 3 percent, and Target 1.6 percent, while TJX rose 4.9 percent to $68.88 after reporting strong results.
*Urban Outfitters, Dick's Sporting sink on weak results. Nov 17- Wall Street looked set to open higher on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed some concerns after last week's sharp selloff in retail stocks. Shares of Wal-Mart rose 1.8 percent to $58.90, while Home Depot was up 2.8 percent at $124.18 in premarket trading.
Retailers need to stop trying to cater to everyone, Nicole Miller CEO Bud Konheim said.
*Shares of Wal-Mart rose 3.3 percent to $59.80, while Home Depot was up 2.5 percent at $123.90 in premarket trading. *Urban Outfitters slumped 10 percent to $20.40 after the apparel retailer reported disappointing quarterly comparable sales. *U.S. stocks had their best day in three weeks on Monday, helped by strong gains in energy stocks as investors saw limited...
Home Depot delivered quarterly earnings that topped analysts' expectations, helped by strong demand from professional contractors and builders.
World markets are higher this morning following Wall Street's best day in three weeks, and stock index futures point to more gains at the U.S. open.