Christmas season retail hiring is expected to significantly outpace the level seen in 2013.» Read More
They’ve been beaten down since August, but this week retail held strong. Can you trust these stocks if the consumer is supposed to be dead?
Tesco, Britain's biggest retailer, reported slowing sales in its core UK market on Tuesday, missing analyst expectations and sending its shares lower, but showed strong growth internationally.
Is the U.S. market getting beaten-up enough to get interesting? Strategists at Credit Suisse seems to think so. They are recommending a 5 percent overweight in U.S. stocks because the Fed is likely to cut rates to respond to the slowing economy quicker than their European counterparts.
U.S. chain stores, reeling from the slowest holiday shopping season in five years, got some more bad news Sunday: 2008 will not be any better and could see changes that may shift the retail playing field forever.
The industry is at the technological and financial crossroads. With high definition TV here to stay, porn distributors and producers have to decide whether to adopt an expensive and potentially embarrassing new technology that promises to squeeze already shrinking profit margins.
Stocks jumped again Thursday in a volatile session as investors found renewed confidence after a report that Bank of America is close to buying struggling mortgage lender Countrywide. Here’s the word on the Street.
The 2007 Holiday shopping season was anything by merry for most retailers. 63% of stores fell short of already low expectations. Is there a trade here?
Kevin O'Marah, chief strategist at AMR Research, has developed a unique "supply-chain strategy" -- and uses it to compile a Top 25 stocks list that beat the 2007 market hands-down.
Stocks rallied to close higher after a report that Bank of America is in advanced talks to buy troubled mortgage lender Countrywide Financial.
The American consumer is cutting back--even at the most important (and typically extravagant) spending times of the year. That's the one clear headline from all the recent retail numbers. Markdowns ate profits, that's also clear. But figuring out just what's going on with the consumer involves a few shades of gray...
Big box retailers like Wal-Mart and Costco saw sales that exceeded expectations, but most niche retailers saw their sales drop or saw sales grow less than expected.
Consumer spending didn't slow down that much but apparently consumer bill paying has. Look at Capital One. The company is taking a $1.9 billion provision for loan losses in the fourth quarter and cut its full year profit forecast by more than 20 percent, blaming rising consumer loan losses and higher legal reserves.
Disappointing. Challenging. Uncertain. Short of expectations. Those are the words most heard from companies in this morning's December same store sales report. Large companies like Macy's, Gap, Abercrombie, and Ann Taylor reported sales below expectations.
Wal-Mart Stores reported a 2.4 percent rise in December sales at U.S. stores open at least a year, helped by strong sales of food.
J. Sainsbury, Britain's third-largest supermarket group, said its sales rose and gave a relatively upbeat view of consumer spending, bucking the trend of retailers' gloomy predictions.
Retailers are expected to report weak December sales Thursday. What’s the trade going forward?
Goldman Sachs analysts say stock investors should look to larger cap and defensive sectors as a way to play the uncertainty of presidential primary season. While they say the major party nominees should become clear by "Super Duper Tuesday," there is greater electoral and policy uncertainty in this Presidential race because there are no incumbents running.
The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
The markets closed the week mostly flat on rising oil, global tensions and dismal housing numbers. Find out where the traders think you can make money next week.
Wal-Mart Stores Incquietly canceled its online video download service less than ayear after the site went live, a company spokeswoman saidThursday.