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Consumer Discretionary Consumer Durables and Apparel

  • *Trump ready to shut govt to build Mexico border wall. Aug 23- U.S. stocks were set to open lower on Wednesday as investors pulled back after President Donald Trump warned of a government shutdown to build a Mexico border wall and threatened to terminate a trade agreement with Mexico and Canada. Trump also said he might scrap the North American Free Trade Agreement...

  • Net income fell to $21.2 million, or 12 cents per share, in the quarter ended July 29, from $41.6 million, or 23 cents per share, a year earlier. Excluding certain items, the company earned 19 cents per share, while net revenue rose 2.7 percent to $844.6 million. The company said it incurred $21 million related to restructuring charges on conversion of company-owned...

  • TOKYO, Aug 14- Japan's cautious consumers are starting to loosen up, spending more on cars and home appliances and offering hope that domestic demand- and not just exports- will be strong enough to reflate an economy that has been sluggish for many years. Consumption was the main driver behind Japan's second-quarter economic growth, which expanded at an...

  • TOKYO, Aug 14- Japan's cautious consumers are starting to loosen up, spending more on cars and home appliances and offering hope that domestic demand- and not just exports- will be strong enough to reflate an economy that has been sluggish for many years. Consumption was the main driver behind Japan's second-quarter economic growth, which expanded at an...

  • Separately, Canada Goose said it would open flagship stores in Boston, Calgary and Tokyo, and is on track to open stores in London and Chicago as planned, later this year. Total comprehensive loss for the company narrowed to C $12 million, or 11 Canadian cents per share, from C $14 million, or 14 Canadian cents per share, a year earlier. Excluding one-off items, the...

  • The company's net income was $59.5 million, or 72 cents per share, in the first quarter ended July 1, compared with a loss of $22.3 million, or 27 cents per share, a year earlier. Excluding items, the company earned $1.11 per share, while sales fell 13.2 percent to $1.35 billion in the quarter. Ralph Lauren hired P&G executive Patrice Louvet as its chief executive in May,...

  • July 24- The Roomba robotic vacuum has been whizzing across floors for years, but its future may lie more in collecting data than dirt. Smart home lighting, thermostats and security cameras are already on the market, but Colin Angle, chief executive of Roomba maker iRobot Corp, says they are still dumb when it comes to understanding their physical environment.

  • Under Armour's terrible year may get worse as Deutsche Bank predicts more than 15 percent decline

    Deutsche Bank believes Under Armour is suffering from a "difficult and promotional selling environment."

  • Strategist David Rosenberg named demographics the single most important factor for investors to monitor over the next decade.

  • July 24- The Roomba robotic vacuum has been whizzing across floors for years, but its future may lie more in collecting data than dirt. Smart home lighting, thermostats and security cameras are already on the market, but Colin Angle, chief executive of Roomba maker iRobot Corp, says they are still dumb when it comes to understanding their physical environment.

  • "Second half of 2017 will be better than 2016, but we might not get to the 2015, 2014 levels this year," said Kathleen Smith, principal of Renaissance Capital LLC, a manager of IPO-focused exchange-traded funds. A star-studded lineup of companies including ride-hailing company Uber Technologies Inc, home-sharing company Airbnb and music streaming service...

  • "Second half of 2017 will be better than 2016, but we might not get to the 2015, 2014 levels this year," said Kathleen Smith, principal of Renaissance Capital LLC, a manager of IPO-focused exchange-traded funds. A star-studded lineup of companies including ride-hailing company Uber Technologies Inc, home-sharing company Airbnb and music streaming service...

  • NEW YORK, July 20- Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Microsoft helped buoy the Nasdaq. Retailers and appliance makers fell after Sears said it would sell its Kenmore home appliances on Amazon and integrate the brand's smart gadgets with the online...

  • *Sears soars after Amazon deal to sell Kenmore appliances. *Home Depot, Best Buy, Lowe's fall on Sears-Amazon deal. July 20- The S&P and the Dow traded little changed in early afternoon session on Thursday, weighed by a drop in retailers and tepid earnings from some big names, while the tech-heavy Nasdaq edged higher.

  • *Stock set for best day in about 4 months. July 20- Sears Holdings Corp's shares soared as much as 24 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant. The deal to sell Alexa-activated devices could provide a modest boost to...

  • *Home Depot fall weighs on Dow, S&P. *Sears soars after Amazon deal to sell Kenmore appliances. July 20- U.S. stocks traded little changed in late morning session on Thursday, struggling to hold on to the record highs on the S&P and the Nasdaq, weighed by a drop in consumer discretionary stocks and disappointing earnings by some big names.

  • July 20- Sears Holdings Corp's shares soared 20 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant. The deal will expand the distribution reach of Kenmore products, potentially giving a fillip to the company's sales, which...

  • July 20- Sears Holdings Corp said its Kenmore brand of home appliances would now be available on Amazon.com, sending the struggling retailer's shares up 7 percent in premarket trading on Thursday. The retailer also said it had integrated "smart" appliances from the Kenmore brand, such as connected room air conditioners, with Alexa, Amazon's digital assistant...

  • STOCKHOLM, July 19- Home appliance maker Electrolux reported its best quarterly operating margin in almost seven years boosted by strong progress in its biggest market, North America, sending its shares up 6 percent to a record high. The maker of white goods under brands such as Frigidaire, AEG and Zanussi as well as its own name has been squarely focused on...

  • LONDON, July 19- A slew of upbeat updates from European firms helped regional indexes rise in early deals on Wednesday and recoup some of the previous session's sharp losses. Falls among mining firms weighed on Britain's FTSE 100, which declined 0.1 percent, while mid caps were flat in percentage terms as utility Drax Group dropped 6 percent after reporting a...