Whole Foods Market reported quarterly earnings that beat analysts' expectations on Wednesday, but revenue trailed.» Read More
Jon Hilsenrath, money and investing news editor at The Wall Street Journal, offered CNBC his weekly "Five for Five": the five stocks investors must watch this week.
After Wall Street's best week in a long time, Bob Doll, BlackRock vice chairman and CIO of global equities, calls the U.S. "the best house in a bad neighborhood."
Retailers are typically obsessed with what to put under their roofs, not on them. Yet the nation’s biggest store chains are coming to see their immense, flat roofs as an untapped resource.
Wall Street may extend its recovery push next week as investors bet that a further drop in oil prices will restrain inflation and boost prospects for profit growth.
What can be expected as earnings season begins for the retailers? It was a rough start, with lower-than-expected numbers released yesterday. But with the downward movement of oil and the strengthening US dollar, retail may see an upswing.
Stocks could sprint higher into the coming week, as a strengthening dollar and declining commodities prices encourage buyers hoping for a reprieve from inflation.
Stocks rallied Friday as a more than $4 a barrel drop in oil prices offset the drag of Fannie Mae's earnings miss. It's going to be the same story next week: Energy prices. Even if there are disappointments in CPI or Wal-Mart's earnings, investors are expected to overlook them as the drop in gas prices puts more money in consumers' pockets.
For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.
David Pearl of Epoch Investment Partners and David Moon of Moon Capital Management offered CNBC their insights. (Part 2: Personal Products)
Candy maker Mars Snackfood is preparing to launch M&M’s Premiums, changing everything from the formulation to the packaging, price and flavor, The New York Times reports.
European stocks were seen retreating on Friday, following a sell-off on Wall Street overnight on AIG's big losses and Wal-Mart's cautious sales forecast, but weakness in the euro could support shares of exporters such as industrials and automakers.
Here's the Thursday edition of the Fast Money Final Trade. The crew presents tomorrow's best trades, right now!
"[The] stock market: a loser across the board. It was a loser early, it stayed a loser and became a bigger loser as the day went on," Dylan summed up Thursday's trading with that one statement, as AIG and Wal-mart lead the Dow's one-day, 225-point dive. A few lone tech stocks were the only winners in an otherwise distressed market. Adding to the bearish environment was the morning's new jobless claim numbers, the highest reported in several months.
Stocks ended near session lows as oil ended above $120 a barrel and two Dow components missed the Street's targets.
Stocks pared some losses Thursday afternoon as oil prices flattened out. Putting pressure on stocks today was a quartet of dismal news: a rise in jobless claims, oil's resurgence, Wal-Mart's sales miss and AIG's wider-than-expected loss.
The pitter-patter of little feet and the high-pitched cries of infants may seem louder lately, but it's music to the ears of many companies that cater to infants and children.
David Strasser of Banc of America Securities says there's value for the investor who shops where consumers are already shopping.
Stocks opened lower, clipped by a quartet of dismal news: a rise in jobless claims, oil's resurgence, Wal-Mart's sales miss and AIG's wider-than-expected loss. But a better-than-expected report on home sales helped shave a few points off the decline.
Early July sales results from retailers have been disappointing, with many falling short of analyst estimates. It also appears that the benefit from tax rebate checks is beginning to wane.
Today’s consumer credit report is expected to show that the economic slowdown caused consumers to borrow less readily in June, but David Malpass, president of Encima Global, disagreed.