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Wal-Mart and a number of other retailers have been able to trounce estimates, which had called for the worst February in five years.
The U.S. dollar hit a new low as the Fed's Pianalto says the U.S. economy has stalled. Dollar weakness again helping oil. Jumbo mortgage lender Thornburg Mortgage TMA failed to meet a margin call of about $28 million which has triggered cross-defaults.
Carrefour, the world's No. 2 retailer, said on Thursday it aimed to return around 4.5 billion euros ($6.88 billion) to investors in coming years as it reported slightly higher 2007 profits and faster growth in 2008.
There are three - and only three - retail stocks Jeff Macke sanctions buying.
U.S. retailers experienced sluggish sales in February, hurt by a weakening economy, high gasoline prices and discounts, according to a study released Wednesday by SpendingPulse.
Costco Wholesale quarterly profits and better-than-expected February sales Wednesday as the warehouse clubs attracted bargain-hunting U.S. shoppers looking for deals on food and fuel.
Find me an analyst or an investor who's excited about this week's same store sales results. Literally, the expectations are so low for this first month of the first quarter, that any indication of a rosier March may cause volatility around share prices when the nation's biggest stores report same store sales results for the month of February on this Thursday.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Eddie Lampert, Chairman of Sears and hedge fund king, has asked for Wall Street to think of him as the underestimated comeback quarterback of the Giants. So is Eddie Lampert the Eli Manning of retail?
It's clear that Michael Dell's honeymoon period is over, and that investors are looking for tangible results from the turnaround strategy he has implemented since returning to his namesake company as CEO. The question though is whether this is merely a dead-cat bounce, or whether Dell is truly beginning to turn things around.
Sears Holdings reported a 47.5 percent decline in quarterly profit on Thursday on increased markdowns and lower sales at its Kmart and Sears stores.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Time to sort through the Fast Money in-box and answer more of your questions. Rob from Wisconsin writes, "What’s happening in retail, especially with JC Penney?"
For the short week ending Friday, February 22, 2008, it was hard not to get whiplash. The Dow and the S&P managed to turn in a positive performance for the week with a stunning late-day reversal on Friday, led by news of a bail out for Ambac Financial (ABK). The NASDAQ approached October 2006 lows, but ended Friday positive for the day, and down only slightly for the week.
Some churning in the retail and energy sectors over the holiday-shortened week plus continuing economic worries may mean investors will have to tread cautiously. But changes on the international front offer some interesting opportunities.
The Dow saw a decline after new economic data seemed to raise concerns about a sharp economic slowdown and the possibility of recession. What's the word on the Street?
Don't write off DVDs yet. As contributor David Pogue discovers, movie downloading services still leave a lot to be desired.
Inflation data will be one of the big items to watch ahead of Wednesday's opening, after scorching hot commodities prices snuffed out a rally in stocks by the final hour Tuesday.
In Tuesday’s Web Extra the traders reveal how they’re playing Wal-Mart, Whole Foods, and NutriSystem.
Wall Street was thrilled that Sony's Blu-ray has officially won the high def format battle. Sony's stock made gains Tuesday on the news that Toshiba will stop making HD-DVD players. This is the final piece in a long battle that dragged on for years, losing movie studios hundreds of millions...