The fuel cell maker is actively deceiving investors with guidance and is worth a fraction of its current price, says Andrew Left of Citron Research.» Read More
Technical analysis is becoming a mainstream way to time and predict stock moves and market tops and bottoms. Carter Worth, chief market technician at Oppenheimer, joined the panel to explain what he’s seeing – and where he thinks we’re going.
Holiday sales could be as weak as they were during the recession of 2002, according to a CNBC snap survey. It’s too early to shop, but it isn’t too early to trade the Christmas season. Who will be the Christmas winners amid such dismal forecasts?
Discount retailer Target warned on Monday that September sales at stores open at least a year would be well below its prior forecast due to weak customer traffic, particularly in Florida and the U.S. Northeast.
Wal-Mart Stores has formed a partnership with the Carbon Disclosure Project to look for ways for its suppliers to better manage their energy efficiency, as part of its environmental push, the company said on Monday.
The list of Forbes 400 Richest Americans is out. Much is being made (on our network as well) about the fact that the family members of Wal-Mart founder Sam Walton are not in the top ten rankings of the richest Americans. This is the first time that the Walton's have not been in the top ten since 1989.
Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
In a shaky sector, this fast-food company manages to serve up consistent earnings and growth.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Takeover target J. Sainsbury is allowing Qatari-backed investment fund Delta Two access to its books, the companies said on Thursday, the latest stage in a 10.6 billion pound ($21.4 billion) bid tussle.
Pier 1 Imports Thursday reported a smaller quarterly loss as the home décor retailer phases out its Pier 1 Kids and e-commerce units to try to return to profitability.
The company said it had been able to pass on higher product costs to customers, which helped lift gross margin to 23.94% from 23.47%.
For now, toy makers and retailers are sharing the burden, but that's only expected to last until the holiday season. Next year, American consumers will be facing price increases of up to 10% to pay for the industry's increased vigilance after more than 3 million lead-tainted toys from China were recalled worldwide since June.
All quiet on the stock market front, but boy were the other markets hopping. Oil touched $80 and the dollar fell to a record low versus the euro. What’s the inside chatter on these events?
Walt Disney will begin its own testing of toys featuring Disney characters for lead paint, a move signaling increased worries over toy safety ahead of the holiday season, the New York Times reported on its Web site Monday.
Stocks ended the holiday-shortened week lower as surprisingly weak monthly employment report sparked worries of a U.S. economic recession. The Dow Jones Industrial Average posted a weekly loss of 1.7%, the S&P 500 fell 1.3% and the Nasdaq Composite declined 1.2%.
A surprise drop in U.S. jobs could scare consumers into shutting their wallets during the key holiday shopping season.
Stocks closed higher on strong economic data, but gains were limited because of uncertainty whether the Federal Reserve will cut interest rates. "Today the data was great--the ISM, retailer sales--but tomorrow it might not be," said Stephen Porpora, managing floor broker at William O'Neil.
Treasury debt prices dipped Thursday, as reports of a stronger-than-expected U.S. service sector and job market reduced expectations for a deep cut in official interest rates.
As children prepared to head back-to-school, consumers headed back to the stores and malls, boosting sales for a wide range of U.S. retailers.
Wal-Mart Stores on Thursday reported a higher-than-expected 3.1 percent rise in August sales at its U.S. stores open at least a year as the retailer cut prices to entice more back-to-school shoppers.
Looks like Costco's disappointing August store sales was an anomaly. The good news is that retailers beat expectations, almost across the board. A number of retailers noted that some school districts in Texas and Florida went back to school a week later, which gave a boost in August.