Since last Christmas, retailers have taken aim at Amazon by improving their online shopping capabilities and chipping away at its price advantage.» Read More
Stocks declined Tuesday as investors juggled a mixed bag of news: Retail sales outside of the hard-hit auto sector showed suprising resilience, while a well-known analyst cut her outlook for big banks. Wal-Mart skidded after the discount giant posted decent results but issued a tepid outlook.
Wal-Mart, the world's largest retailer, said quarterly profit rose 7 percent, helped by bargain-hungry US consumers looking for discounts on necessities like food and pharmacy items.
Wal-Mart, the world's largest retailer, reported a 7 percent rise in quarterly profit on Tuesday as discounts drew U.S. shoppers looking for bargains on necessities like food and pharmacy items.
Whether consumers are willing to open their wallets is a big theme for Tuesday's markets. First, Wal-mart's quarterly earnings will be reported in the wee hours of Tuesday morning.
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With Wal-Mart shares up 20% so far this year will earnings on Tuesday show the retailer is firing on all cylinders?
Wake up early on Tuesday and catch fresh numbers from the retail giant. See what it takes to move a stock up 22% since the beginning of the year... and whether or not Wal-Mart can keep it up.
Stocks started the week off higher, led by financials and technology stocks. RIMM and MBIA rose, while HP declined.
Stocks started the week off higher as the dollar rose to a two-month high and oil receded. MBIA bounced despite reporting an astouding quarterly loss.
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Wall Street is increasingly worried that bubbling over oil prices will scald the economy and the stock market. That's just one concern for traders in the week ahead which also has inflation data, retail sales and housing numbers. There are also earnings reports, TV networks' upfronts for advertisers, and plenty of Fed, Fed, Fed.
Earnings season draws to a close next week with Wal-Mart and Hewlett-Packard the remaining Dow Components still left to report. Is there a last minute earnings trade here?
Earnings from McDermott, Wal-Mart, Deere and Hewlett-Packard should present some unique buying opportunities, Cramer says.
If energy and food prices continue to surge, consumers aren't going to be able to keep up, which would have a huge impact on the economy -- and stocks. Still, the market doesn't seem worried.
The relentless upward march of oil prices dominated the business headlines through the week, but there were other developments to inspire the traders, analysts, and fund managers who offered their suggestions to investors on CNBC.
Target appears to be losing out to Wal-Mart in the scramble to attract cash-strapped consumers. Why has Target missed the mark?
The Dow achieved modest gains on Thursday despite another new record in crude oil prices. What's the "Word on the Street?
April same-store sales gave the markets something to chew on Thursday. Could retail add a pop to your portfolio?
Stocks bounced back from the prior session's slide, led by techs and materials, as techs staged a rebound and materials benefited from higher metal prices. Better-than-expected retail sales also buoyed the market. Financials declined after federal regulators proposed increased oversight of investment banks.
Well, there is at least one stock worth keeping. Find out which company Cramer blessed.