U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.» Read More
Wal-Mart is test marketing religious action toys, hoping there's a Goliath-like appetite out there for something other than Bratz dolls or Dragon Ball Z. The toys are being made by One2believe in California, and they'll be rolled out in August at 425 Wal-Mart stores. The test stores are not just in the Bible Belt, but in places like California. The action figures include a 3" tall figure of Daniel in the lion's den, and a foot-tall talking Jesus. What would Jesus do? Ask him! He talks!
Target, Time Warner, Tellabs and more...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.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
Retailers, including industry leader Wal-Mart Stores , reported June sales that topped Wall Street's lowered expectations on Thursday, raising hope for the back-to-school shopping season.
The Dow and S&P catapulted to new highs following strong retail sales data and a major corporate acquisition. "We started out with better than expected retail numbers and it just went from there," said John Massey, portfolio manager with AIG SunAmerica. "M&A deals came through better than expected and people put a lot of the concerns behind them."
The Wall Street bulls turned up the after burners thanks to a sizzling deal sector and indications that the consumer is holding up in spite of a rash of housing foreclosures. A round of early afternoon short covering further propelled Wall Street.
A source very close to the situation confirmed to me that Pershing Square Capital--a fund run by activist investor Bill Ackman--has been buying stock in discounter Target and has accumulated more than five percent of outstanding shares. The Securities and Exchange Commission filing of that purchase is expected to be made next week.
Pershing Square Capital, a fund run by activist investor Bill Ackman, has been buying stock in discounter Target and has now accumulated more than five percent of outstanding shares, a source close to the situation said.
Corporate America is on a share buyback binge, fueling concerns that U.S. companies are masking underlying business problems and trying to pump up their executives' compensation.
An explosive bid for Canada's Alcan is giving a positive psychological lift to stocks as traders watch a flood of monthly sales reports from retailers.
It's spring cleaning in the summertime for retailers right now and profit taking time for investors in retail stocks (it would seem.) From what I'm hearing, the disappointing sales we saw today from Children's Place may be setting the tone when it comes to retail sales results. Same store sales declined 4% in June coming in below expectations. CEO Ezrah Dabah cited continued declines in mall traffic--NOT the weather, NOT high gas prices, NOT inventory management issues--for causing sales to fall off at the start of the summer.
Market pros will be looking closely at the tech sector in the upcoming earnings season, but for investors seeking a quick pop, they need look no further than the energy sector as oil prices remain at record levels.
It has been almost a year since this Mad Money institution first aired, and now it's time to shake things up. Say hello to three new members.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.
Here it is, Jim's list of the worst CEOs in the biz. It takes years of hard work and peerless incompetence to make the cut. Well done, people.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.
Here's the quick and dirty on what yesterday's ruling by the U.S. Supreme Court on Leegin v. PSKS means for retail: The case of Leegin v. PSKS came to the docket of the Supreme Court after a dispute over the sale prices of designer handbags. Brighton/Leegin of City of Industry, Calif. Brighton/Leegin required a Lewisville, Texas, boutique, Kay's Kloset, to agree in writing not to sell its products below a certain price.
In a sign of the growing influence that restaurants have on how and where consumers spend their money, a major retail trade group has included for the first time six restaurant companies on its list of the top 100 retailers, released on Friday.
Brent Bracelin, hardware analyst at Pacific Crest Securities, told CNBC’s “Squawk Box” that Dell Computer’s decision to sell through retail outlets could boost the stock to as much as $35 a share.
Color and personalization of the new XPS M1330 notebook are how Dell is choosing to highlight its design innovation and separate itself from competitors. The PC maker debuted its new line of notebooks Tuesday in an unusual way in an unlikely setting: a runway show in Macy's Herald Square. The launch is all part of Dell's efforts to regain marketshare lost to competitor H-P by rebranding with a more stylish edge.
Kroger the nation's largest traditional supermarket chain, said Tuesday first-quarter profit jumped 10 percent but was slowed by labor unrest. Its shares sank more than 5 percent in trading Tuesday.
"Ratatouille" is Disney/Pixar's first joint venture since the acquisition, and the movie--and its associated merchandise -- is exactly why Disney wanted to snap up Pixar. The film's opening on Friday but I got a sneak peak at the premiere a week early, and I was seriously impressed. Call it "Cyrano de Spice Rack", it's the story of a rat who loves to cook, and befriends the garbage boy in the best restaurant in Paris, becoming his secret chef. I was really impressed.