The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Gap (NYSE: GPS) took the coward’s way out. Buried among announcements about its global sales plans, it reported that “the company is committed to rebalancing its specialty and outlet stores within North…
British high-end clothier Burberry PLC reported that sales for its first six months of the year rose 30% on strong demand for its signature trenchcoats and accessories. The company noted that its…
Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not good, either,…
Active traders and day traders have many stocks to choose from this Wednsesday morning. We are tracking news and moves in shares of Dell, Inc. (NASDAQ: DELL), Oracle Corporation (NASDAQ: ORCL), JAKKS Pacific, Inc. (NASDAQ:…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alkermes, Inc. (NASDAQ: ALKS) Removed from US 1 List but…
Retail sales in August put up solid gains that were slowed somewhat by the effects of Hurricane Irene along the eastern seaboard. Among the stores reporting sales numbers today are Costco Wholesale…
When you have a credit rating downgrade of the U.S. followed by a 300+ point drop in the DJIA and another near-100 point drop in the NASDAQ, it is no shock at…
Hitachi and Mitsubishi may merge (Reuters) Japan intervened in the yen (Reuters) Spain will offer bonds and the European Central Bank meets to examine option to help the country’s debt problems (Reuters)…
Investors need to consider one thing about investing in retail. This is quite likely to be the next bastion of dividend growth for investors seeking income to buffer market volatility in the…
The TJX Companies, Inc. (NYSE: TJX) is seeing a boost this Tuesday morning after a long weekend thanks to a bullish report in Barron’s. The financial weekly calls for a gain of 14%…
A number of retail store and restaurant stocks report earnings this week, including Wendy’s/Arby’s Group Inc. (NYSE: WEN), Macy’s Inc. (NYSE: M), Nordstrom Inc. (NYSE: JWN), Jack in the Box Inc. (NASDAQ:…
Earnings season is slowing down as we have over 80% of the S&P 500 companies having reported earnings for the first quarter of 2011. We do still have key companies reporting earnings…
Even though the month of April was one selling day shorter than March, the late Easter holiday more than made up for the shortfall at most retailers. The Thomson Reuters index of…
Time for our daily look at the world of commodity prices and key developments. We have cotton issues, oil spikes, issues around rare earth elements, and precious metals on the docket. Even…
