Stocks are rallying on the strong jobs report. What happened to fear of tapering?» Read More
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.
With May same-store sales out today, one analyst said that youth apparel retailers performed well last month, though he expects the next two months will be better tests for consumer sales.Strong sales at Pacific Sunwear and Zumiez represent "their strength in the West Coast lifestyle," Piper Jaffray retail analyst Jeff Klinefelter said on "Squawk Box." He added that small cap vendor Phillip Van Heusen performed well also.
Want to trade like pros? Then you need to think like the pros! In this feature we take the pulse of the economy and turn its vital signs into big picture trades. What can you expect from the next earnings season and how do you trade it?
Good morning all. We're starting this last day on the rough side as more than half of our Million Dollar contestants lost ground Thursday in a volatile market. All of our finalists are fully invested, with the exception of #15, Chuck Chow who is all in cash. Nancy Beaumont holds first place for the 4th straight day on the 9% gain of Gymboree. Nancy may hold onto the top spot with her almost all-in trade on Verigy, a Singapore-based maker of test systems for the semiconductor industry, which beat estimates after the bell Thursday. Verigy was up almost 10% in extended hours.
Good morning everyone. Today--Thursday--is a big day for our contestants. The trades they execute prior to 4pm will be the last trades that will impact their total portfolio value based on their performance on Friday. And, the race at the top gets tighter each day. Only $22K separates the top three positions. Nancy Beaumont holds first place for the 3rd straight day on the 9.75% gain of The Men's Wearhouse. Nancy looks like she may maintain her first position with Gymboree up almost 10% in extended hours.
Here's our Fast Money Final Trade. Our guys give you tomorrow's best trades, tonight!
April showers bring May flowers, and, for retailers the analogy is apt: April sales were extremely dreary, but conditions are looking up for May and June.
Diego from Miami asks: given all the concerns about credit deterioration, why hasn't Mastercard sold off while other companies like American Express have?
An early Easter is giving a lift to retailers' March sales this year but could cut into April results, CNBC's Margaret Brennan reports. Consumers are expected to spend $14 billion on holiday-related items and spring apparel this year, or an average $135 per person, which is up 11% from a year earlier, according to the National Retail Federation.
Sometimes picking winners is all about the comps. Sometimes it’s about exploiting hot sectors. Sometimes it is about going from bad to good – a better earnings look from a fixed balance sheet. Other times it’s about demand. And sometimes, it is about every one of these.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.
Okay--here's our current celebrity standings as of the market close on Thursday, 3/15. Overall their approach is still a lot more conservative than the majority of our non-celeb leaders - more stable companies and purchases spread across multiple stocks, and it might end up being a race to see who can lose the least. But that's probably to be expected....
The nation's clothing stores released their January sales figures this morning and a solid number of retailers are coming in above expectations. Shoppers who redeemed their gift cards were a plus for Saks, Federated and Nordstrom. And, although frigid weather came late this year, it helped boost sales in outdoor apparel.