U.S. equity markets opened higher this morning following a better-than-expected report on new jobless benefits claims in the U.S. and a mostly inline report on producer prices (more coverage here). In Europe,…
ThinkstockRetailers are announcing February same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year, compared with a 5.1% gain in January and a 4.2% gain in February…
U.S. equity markets opened higher this morning but struggled to maintain even a flat performance compared to yesterday’s close. Before the markets opened this morning, the Mortgage Bankers Association noted a 14.8%…
Photo by Spencer Platt/Getty ImagesThe stock market is up Wednesday, with Dow Jones Industrial Average up 0.29%, the Nasdaq up 0.05% and the S&P 500 up 0.15%. Today’s sole winner is an…
U.S. equity markets opened higher this morning and it didn’t take long for the DJIA to blow past its all-time intra-day high of 14,198.10 (more coverage here). There was a little news…
ThinkstockSame-store sales for January are scheduled to be released this Thursday, and the consensus projection from research firm Retail Metrics calls for an increase of 2.8% compared with January of 2012. Excluding…
ThinkstockWe’ve already noted the weak holiday sales report from Tiffany & Co. (NYSE: TIF) out this morning. Now two more specialty retailers, American Eagle Outfitters Inc. (NYSE: AEO) and Aeropostale Inc. (NYSE:…
U.S. equity markets opened lower again this morning following Senator Harry Reid’s comments that negotiations on the U.S. fiscal cliff were not going well. In Asia, markets reacted badly to the report…
thinkstockAmerican Eagle Outfitters Inc. (NYSE: AEO) reported third-quarter 2012 results before markets opened this morning. The specialty clothing retailer reported adjusted diluted earnings per share (EPS) of $0.39 and revenues of $910…
Paul Ausick U.S. equity markets opened lower again this morning, even following an agreement on the amount and delivery date of another eurozone bailout package for Greece (more coverage here). The lack of enthusiasm…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. American Eagle Outfitters Inc. (NYSE: AEO) cut to Market Perform at BMO.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday. Allstate Corp. (NYSE: ALL) raised to Outperform as Bull of…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) raised to Buy from Underperform with $13 target…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) started as Sell at Citigroup. Allergan Inc.…
Retail sales have been soft since early summer, and August doesn’t appear to be a get-well month for retailers either. Research firm Retail Metrics projects that August sales will rise just 1.7%…
