Good news for American Apparel: the company was able to reach an agreement on a new mended credit agreement with its lead bank. It is a positive in this tight lending environment to see a company lock in a credit line or letter of credit.   Read More

With the tear that Talbot’s stock price has been on, I think that it is safe to say that investors like what they heard from CEO Trudy Sullivan yesterday. Still that $50 million credit facility that it secured from Japanese retailer Aeon (also TLB’s largest shareholder) is a relatively small step in what will be a big turnaround project.    Read More

Once again, we are seeing off-price apparel stores doing well. This morning Ross Stores reported good earnings, and more importantly gave guidance for the current quarter and the full year above analyst expectations.   Read More

Following are the day’s biggest winners and losers. Find out why shares of AMR Corp. and Movado popped while Sallie Mae and Safeway dropped.   Read More

Following are the day’s biggest winners and losers. Find out why shares of General Motors and Dillard's popped while VeriFone and Crocs dropped.   Read More

Following are the week’s biggest winners and losers. Find out why shares of Chesapeake Energy and Apple popped while General Motors and Valero dropped.   Read More

The Fed's latest move to add liquidity to credit markets propelled stocks to their best one day performance in five years, and the euphoria is likely to spill into Wednesday's markets.    Read More

I've noted that when you are in this kind of uncertain market, everyone becomes a technician. There's a lot of attention now focused on tech stocks, now that both the NASDAQ and NASDAQ 100 have broken to 52-week lows.    Read More

Cisco's downbeat earnings comments could make a dent in stocks Thursday morning. Ahead of the opening bell, investors will also be watching rate meetings by the European Central Bank and the Bank of England.    Read More

Ugh, again. Markets closed on their lows for the third day in a row. What's the problem? Simply put, there's worry that things are changing fast, and that earnings and guidance are going to have to change.    Read More