Some of the names on the move ahead of the open.» Read More
*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.
But there was a raft of stronger reports from retailers ranging from Abercrombie& Fitch to Foot Locker, and indexes that track retail shares have had a surge this week that has surpassed any in the past two years. Abercrombie& Fitch soared more than 27 percent in trading— its biggest one-day percentage gain in three years— after a shift in strategy helped double...
NEW YORK— The stock market closed out its best week of the year Friday as big gains by retailers and technology companies pushed major indexes higher. Stocks faded as Friday wore on, but they still finished higher. The index climbed Monday and Wednesday as the U.S. market didn't seem to be affected by a string of unsettling international events, including last...
Bidders have found little appeal in disfavored retail stocks, even as chains sink to valuations that were appealing in the past.
BEIJING— Global stocks were mixed Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. KEEPING SCORE: In early trading, France's CAC-40 lost 0.7 percent to 4,902.21 and Germany's DAX shed 0.5 percent to 10,915.27. On Tuesday, the DAX rose 2.4 percent, the CAC-40 jumped 2.8 percent...
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.
Investors weighed quarterly results from Wal-Mart Stores, Home Depot and other big retailers and a mix of economic data on inflation, manufacturing and homebuilding. THE QUOTE: A report showing that inflation ticked up last month could increase the likelihood that the Federal Reserve will begin raising short-term interest rates from historic lows as early...
*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.
Retailers have been severely shaken this earnings season, but there might be an options play that could make you money.
Nov 16- Apparel retailer Urban Outfitters Inc reported weaker-than-expected comparable sales, piling more pressure on its shares already strained by the surprise purchase of an Italian pizza chain earlier on Monday. Shares of the company fell as much as 10 percent after Urban Outfitters said it would buy the Vetri Family restaurant group, and fell another 10...