Target confirmed that it will hire 70,000 seasonal workers this holiday, while Wal-Mart will add 60,000.» Read More
Retail sales results were almost universally in the red in March--but--retail stock prices were trading in the green. Why? Many on Wall Street were prepared for the weakest sales results in 13 years and that is indeed what we got on Friday.
Retail analysts had been expecting weak sales in March, but an early Easter holiday, chilly weather and recession-wary consumers combined to deliver March sales that were even drearier than expected.
With good news from Walmart and Goldman CEO Blankfein saying we are closer to the end of the current financial crisis than the beginning, the markets are rallying. Is Blankfein right or is it the calm before the storm?
Stocks opened higher Thursday after a better-than-expected report on jobless claims, and raised outlooks from Dow components DuPont and Wal-Mart.
March retail same store sales were weak, outside of discounters. Remember companies and analysts have been aggressively taking down first quarter estimates for over a month (as well as same store sales), but companies like JC Penney, Target, Gap, Abercrombie, and Kohls were all notably below expectations on same store sales.
The dollar is weak again; Band of England lowered rates, but Europe has been weak right from the open and that weakness has spilled over into our futures. Elsewhere: 1) March retail sales were again fairly sluggish...
There are few names in the sector he'll recommend. Here are three.
The news was not particularly good today, and so a modest drop was certainly a decent performance. Consider: 1) semis weak on AMD's poor guidance 2) materials mixed on Alcoa below estimates 3) Fed minutes full of concern about economic slowdown
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Stocks struggled back to level ground after investors shrugged off a slew of bad news from technology companies, real estate and banks.
Which stocks are worth buying as Alcoa kicks off earnings season Monday?
Stocks hold onto weekly gains while Microsoft considers reducing its offer for Yahoo! What's the "Word on the Street?"
The vacancy rate at U.S. strip malls rose to the highest level since 1996 in the first quarter of 2008, while that for big malls reached levels unseen since 2002, research firm Reis said on Friday.
Both Wal-Mart and Home Depot are breaking out ahead of sales data next week. What's the trade here?
There's a watchfulness in the stock market that's likely to translate into tentative and choppy trading as the corporate earnings season gets underway.
Major stock indexes ticked higher Friday though the market was broadly mixed. General Motors skidded, while UBS shares advanced.
Today’s weaker-than-expected jobs report is putting pressure on stocks and has some investors uttering the “R word.” To help investors protect their portfolios in this uncertain market environment, CNBC asked the experts for advice.
While the rest of the country worries that a recession is finally here, some investors are...well, shopping for bargains.
Stocks opened flat Friday as investors shrugged off a worse-than-expected March employment report.
Might Apple sales be a better economic indicator than the jobs report due Friday?