ThinkstockWhile early reports on December same-store sales were mixed, the final tally showed a solid gain, with 53% of retailers reporting same-store sales beating estimates and just 47% falling short. The data…
U.S. equity markets opened sharply higher this morning following approval last night from the U.S. House of Representatives of a bill that preserves some tax cuts, eliminates others, and basically kicks the…
ThinkstockThe holiday shopping season got off to a fast start, but concluded with a whimper and not the anticipated bang. It appears that the booming start pulled sales forward and retailers didn’t…
U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. Annaly Capital Management Inc. (NYSE: NLY) maintained Neutral but cut target to $17…
Retail sales made a strong comeback in July and August, rising 2.5% and 3.3%, respectively, year-over-year from a very low 0.3% increase in June. According to research firm Retail Metrics, September looks…
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%…
The three major US stock indexes opened lower this morning following a negative reaction by a government official to a weekend report that Germany would support a sovereign bond-buying plan for the…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday morning. Agrium Inc. (NYSE: AGU) named as Bull of the…
The three major US stock indexes opened somewhat higher this morning following better-than-expected data on UK retail sales and an inline reading on Eurozone CPI (more coverage here). The news out of…
The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was…
Many retailers are out today with July same-store sales results, and the month’s gains appear to be better than first expected. The Thomson Reuters consensus estimate for sales growth was 3.1%, but…
Retail sales might not exactly be setting any blistering pace of growth, but Retail Metrics has a report out that shows a traffic boost at the end of July should offer a…
