Stocks finished lower Friday, despite a last-ditch attempt to rally, as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Still , for the week, the Dow gained about 50 points.
Stocks declined Friday as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Merck was among the few gainers today as investors moved into classically safe bets like health care, consumer staples and utilities.
Friday, 20 Nov 2009 | Source: The Associated Press
Shares of Dell Inc. fell after it reported weaker-than-expected revenue and profit for the third quarter as the computer maker missed out on a fledgling rebound in technology spending.
Friday, 20 Nov 2009 | Source: The Associated Press
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping Gap Inc.'s profit climb 25 percent compared with last year, the retailer said Thursday.
Wednesday, 18 Nov 2009 | Source: The Associated Press
Gap Inc. reports its results for the third quarter on Thursday afternoon. The following is a summary of key developments and analyst opinion related to the period.
Tuesday, 17 Nov 2009 | Source: The Associated Press
Bill Fisher, son of Gap Inc. founders Doris and Don Fisher, will join the retailer's board to fill the seat left vacant when his father died in September.
Monday, 16 Nov 2009 | Source: The Associated Press
Improved retail sales gave Wall Street a boost Monday but provided little hope for a robust holiday shopping season that might invigorate the economic recovery.
Friday, 20 Nov 2009 | Source: The Associated Press
Retailer Gap Inc. said its sales are improving after a tough few years, and a big advertising push this holiday season could boost sales — but analysts caution that a rebound may be bumpy given the rough retail environment.
Monday, 16 Nov 2009 | Source: The Associated Press
Retail sales likely rose in October with part of the strength coming from a rebound in auto sales. Even with a gain, economists worry that consumer spending, the critical ingredient for overall economic growth, could falter in the months ahead.
Last Friday's employment report from the US Bureau of Labor Statistics showed that the unemployment rate is now at 10.2%, its first foray above 10% and its highest level since 1983.... Read More