CNBC's Jim Cramer explains why he is watching shares of Schlumberger on the heels of the company's conference call, and shares his thoughts on whether it makes sense for Williams-Sonoma to buy Restoration Hardware. » Read More
While many analysts expect holiday sales numbers to be strong, Wall Street is expecting earnings conference calls next week to serve more as inflation strategy sessions than as quarterly reviews.
Retail sales rose 0.3% in January, seventh month in a row of gains. However, today’s report released by the U.S. government indicated that this was the smallest increase since last summer.
This week Customer Growth Partners issued its annual retail sales forecast and they are expecting retail sales this year to outpace historical averages. The notable thing about this forecast is that the firm thinks this target can be achieved without consumers really changing course from their current behavior.
In yet another sign of food and energy inflation news this week, December PPI rose 1.1 percent, higher than the 0.8 percent expected and its sharpest increase in almost a year. But stripping out food and energy, PPI was inline with estimates. Meanwhile, weekly jobless claims in the past week rose 35,000 to 445,000 — higher than the 415,000 level expected by economists.
Last-minute shoppers rejoice, you now have a shopping day all your own. A group of retailers and restaurant chains have banned together to declare Dec. 23 "Click It to Gift It" day. The event will allow shoppers to buy egift cards and receive a variety of special incentives ranging from free gifts to special discounts to charitable donations.
This is supposed to be the year online shopping using mobile devices takes off, but the shopping experience is lagging.
Following are moves you might have missed. Find out how the traders are gaming moves in Alcoa, Aruba Networks, Williams Sonoma and more!
Stocks shed losses from earlier this week to close broadly higher Thursday, lifted by the successful return of General Motors to the U.S. stock market and relief that Ireland was addressing its debt crisis. Alcoa and Boeing rose, while Intel fell.
Plus, Cramer makes a call on retail.
Here's why you should keep a close eye on these six stocks.
Here’s where the next leg of that move will come from.
Plus, a call on the energy stocks.
Cramer makes the call on viewers' favorite stocks.
After Gymboree was taken out by private equity at a 23% premium, the Street’s favorite game has been -- who’s next?
Things are getting better, Cramer said Thursday.
Plus, a side of the housing story that no one seems to notice.
Plus, get calls on tech, media and more.
Price, price, price. There's been a lot of talk about how price-sensitive consumers are these days, but if you had any doubt about how relevant this is to actual shoppers—banish it.
Stocks tumbled Thursday after a series of disappointing economic reports and despite an uptick in mergers and acquisitions activity. The day's downdraft wiped out the weeks gains for the Dow and the S&P 500. Intel and GE fell.
Stocks declined Thursday after a series of disappointing economic reports and despite an uptick in mergers and acquisitions activity. The day's downdraft puts the market on pace to wipe out the week's gains. Intel and GE fell.