Walgreen pharmacies are back online after earlier reporting that many stores couldn't fill prescriptions due to a database failure, Dow Jones said.» Read More
To give investors an edge, CNBC asked market experts to share their best retail plays.
Whew.. what a morning. I've been reporting on Blockbuster's surprise $1 billion surprise offer for Circuit City. A lot of interesting questions to ponder here, including: Why would Carl Icahn choose to finance the $1 billion Blockbuster bid? Why wouldn't Blockbuster just join in a partnership with Circuit City in order to gain access to the customer list?
A steady stream of downbeat news seemed to leave the market unmoved for most of the week -- until the bluest of the blue chips, General Electric, posted first-quarter earnings that missed Wall Street expectations by seven cents per share, and lowered its full-year guidance.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Not all homebuilders are big corporate risk takers who got what was coming to them -- it'sthe small-business builders who are the real victims. Also, plays on Wal-Mart, Carnival and more.
The floodgates of earnings are about to open. Get all your trades right here!
General Electric stunned the Street with an unexpected drop in quarterly profit. What's the "Word on the Street?"
For the week ending Friday, April 11, 2008 the US Markets ended the week in negative territory. There was not a lot of movement in the markets for most of the week, as the major indices traded on a mix of news including same store sales, record highs in oil, flight cancellations from major airlines, and disappointing first quarter results from Alcoa (AA). The markets tumbled on Friday on General Electric's (GE) disappointing earnings.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
The Dow rose Thursday after the semiconductor sector received an upgrade and Wal-Mart reported higher sales for March. What's the "Word on the Street?"
The Dow and S&P 500 snapped a two-day losing streak Thursday, led by technology stocks after an upgrade on the chip sector.
Retailers had a rough time last month as high gas prices and economic jitters took a toll on shoppers. But there are a few trades to be had if you've got the guts.
Stocks advanced Thursday, helped by an upgrade on the chip sector and increased forecasts from two Dow components.
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.