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Morgan Stanley: Consumers Choosing Restaurants, iPhones Over Apparel
Tuesday, October 21, 2014 - 1:51pm | 344Kimberly Greenberger, retail analyst at Morgan Stanley, published a report Tuesday on the state of the consumer and where they are spending their money. According to Greenberger, consumers have clearly signaled thus far in October a preference for electronics and dining out instead of apparel....
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5 Companies That Boost Hiring For The Holidays
Sunday, September 21, 2014 - 9:23am | 88The job market might not be great, but there are several retailers that could provide you with a temporary gig this holiday season. Both physical retailers and delivery services are hiring right now or will be soon to meet demand before Christmas. Click through the slideshow to see which...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Markets Close The Week On Negative Note As Ukraine Worries Mount
Friday, August 15, 2014 - 5:01pm | 2461U.S. stocks erased early morning gains and finished lower following reports that Ukrainian artillery forces engaged armored vehicles entering Ukraine from Russia. Narayana Kocherlakota, Minneapolis Fed President, stated that labor strength in its current state appears to be far away from the...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Markets Marginally Lower In Quiet Trading Session
Tuesday, August 12, 2014 - 4:40pm | 2553U.S. stocks were marginally lower, as investors and traders may be waiting on the sidelines for further clarity on geopolitical tension. Volume was lighter than usual, as the composite volume on the New York Stock Exchange was 2.2 billion right before the closing bell. Typically, 2.1 billion...
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Jefferies Mostly Positive On Retailers Ahead Of Earnings
Tuesday, August 12, 2014 - 11:53am | 1212Jefferies analyst Daniel Binder released an earnings preview ahead of major retailers that are set to announce quarterly results. “We started the second quarter with conservative estimates and early reports have been mixed,” Binder wrote in a note to clients on Tuesday. “We...
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Vlad Karpel, Founder of Tradespoon.com Talks Option Strategies
Friday, June 13, 2014 - 2:27pm | 523Vlad Karpel is the Founder of Tradespoon.com and was a special guest on Benzinga's #PreMarket Prep to share wisdom he has accumulated through his 15 years of experience in building a statistics-driven stock picking system. Jumping right in to it, Karpel was asked what his trading strategy...
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Barron's Recap: Top 10 Takeover Targets
Monday, May 26, 2014 - 12:43pm | 849This weekend in Barron's online: how to play the merger boom, as well as the prospects for Time Inc., Global Brass & Copper, Barnes & Noble and more. Cover Story "Top 10 Ways to Play M&A" by Jack Hough. Mergers are at near-record levels, says this week's cover story in Barron's, and...
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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Earnings Expectations For The Week Of May 12: Wal-Mart, Deere, Cisco And More
Sunday, May 11, 2014 - 4:26pm | 870Most of the S&P 500 have already posted their first-quarter results. This week, big retailers begin to share their earnings reports. Wal-Mart (NYSE: WMT), the big daddy of retailers, steps onto the earnings stage Thursday. Macy's (NYSE: M) and J.C. Penney (NYSE: JCP) are also scheduled to...
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J.C. Penney Earnings Preview: How Bad Will It Be?
Tuesday, February 25, 2014 - 8:10am | 754Struggling retailer J.C. Penney (NYSE: JCP), which George Soros's hedge fund recently exited, is scheduled to report its fiscal fourth-quarter and full-year results Wednesday, February 26, after the closing bell. Among other things, investors will have an eye on the company's liquidity and its...
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Earnings Expectations For The Week Of February 24: Best Buy, Home Depot & More
Monday, February 24, 2014 - 8:19am | 1002Last week, Wal-Mart (NYSE: WMT) kicked off the parade of big retailers stepping into the earnings spotlight by offering up subpar same-store sales and weak guidance for the year. Inclement weather got some of the blame. Will that be so for Best Buy (NYSE: BBY), Gap (NYSE: GPS), Home Depot (NYSE...
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Barron's Recap: Underestimating Sirius XM
Saturday, November 23, 2013 - 2:02pm | 886This weekend in Barron's online: a look at Sirius XM, the prospects for retailers this holiday shopping season, a small bank merger, Qualcomm ages gracefully and more. Cover Story "Sound of Success" by Alexander Eule. Though Sirius XM (NASDAQ: SIRI) has a monopoly on satellite radio, a growing...