NEW YORK (Reuters) - Abercrombie & Fitch <ANF.N> posted a much better-than-expected quarterly profit on Friday, helped by cost cuts, and the retailer's shares rose more than 6 percent.
Stocks struggled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher, with huge gains in JDS Uniphase and AMD.
Stocks struggled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher, with huge gains in JDS Uniphase and AMD.
Stocks wobbled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher after some big news out of the sector.
U.S. futures remained slightly lower ahead of the open Thursday after Wal-Mart posted a 1.1 percent rise in third-quarter U.S. sales, compared to the same quarter last year, and U.S. mortgage applications pushed higher last week.
Futures indicated a lower open for Wall Street on Wednesday as investors paused ahead of key U.S. data, having pushed markets to 11-month highs the previous day,
There were four REIT IPOs scheduled to price this week and next, all designed to pick at the carcasses of commercial and residential properties, most of it on the mortgage side... Read More