Thursday morning the markets await earnings from the world's largest retailer, Wal-Mart. What can you expect?
What follows is a roundup of corporate earnings reports for Thursday, Nov. 12.
The Dow rose for a sixth straight session Wednesday as the dollar hit a new 15-month low after Fed comments and strong Chinese economic data. Financial, material and IT stocks were the biggest gainers.
The weather may be getting colder, but sales for intimate apparel are getting hotter, and Maidenform is feeling the heat, Maurice Reznick, the CEO of the intimate apparel maker, told CNBC.
In the midst of the dollar-dominated hot streak for the markets, what are the plays to make now? The Fast Money traders break it down for you.
Stocks are moving higher for the sixth day in a row and many investors are asking if is this rally is for real and does this market have legs? Bill Spiropoulos, CEO of CoreStates Capital Advisors and JJ Burns, president of JJ Burns & Company shared their market outlooks.
Wal-Mart is reporting third quarter earnings on Thursday and has so far out performed other retailers during the recession. The question is whether the retailing giant can continue to draw in customers as the recovery seems to be picking up. Giving their opinions Wednesday were Daniel Binder, senior equity research analyst and managing director at Jefferies & Co. and David Strasser, hardlines/broadlines retail analyst with Janney Montgomery Scott.
Historically and on average, the U.S Markets have been up about 58% of the time or more on the day of Veterans' Day. The S&P has averaged best of the major indices on the day of Veterans' Day, up an average of 0.1% and up 64% of the time.
Big retailers are changing how they manage shopping crowds this holiday season in order to prevent the injuries or deaths of recent years, the New York Times reports.
Stocks opened higher Wednesday as the dollar fell to its lowest level in 15 months and economic data out of China was strong.
Stock index futures pointed to another higher open on Wall Street Wednesday as the dollar hit a new 15-month low after Federal Reserve officials reinforced the view that rates will remain low for some time.
With major retail names set to announce earnings this week, the sector will be a major focus of the market. Here are the names to watch from a top analyst.
"There are no fundamentals right now that drive the market," says Joe Terranova, "It's all about technicals."
How can you make money on these new announcements? The Fast Money traders have some profitable plays for your portfolio.
The American Consumer Institute just released a study that examines the perception and the facts as to whether Wal-Mart is the low-priced retailer for consumer electronics products.
Activision/Blizzard debuts "Call of Duty: Modern Warfare 2" tonight at midnight: this is expected to be the biggest game debut ever, already breaking pre-sale records.
As the Senate Environment and Public Works Committee began hearings on carbon regulation, debate ran along traditional battle lines, but with a new script.
Stocks could side step temporarily as investors look for the next catalyst that will break the market out of its current range
Energy, infrastructure, tech, retail and more – the Mad Money host highlights his top picks.
The Fast Money crew likes Wal-Mart, even more so after a recent breakout from a triangle formation — a very bullish indicator for the retailer.