-
5 Stocks To Watch During Back-To-School Season
Tuesday, September 2, 2014 - 12:11pm | 895Back-to-school season, which begins in July and hits a peak in mid-September, is an important time for retailers. It gives them a chance to throw off the doldrums of spring and summer, and it can offer a preview of the prevailing mood among consumers before the all-important holiday shopping...
-
Former Staples CEO Thomas Stemberg Weighs In On Today's Big Retailers
Friday, August 29, 2014 - 2:46pm | 512Thomas Stemberg founded Staples in 1986. He went on to drive sales to $7 billion by 1999, but he was pushed out in 2005. Though Stemberg no longer runs a major corporation, he still has a great feel for retail. Stemberg pointed to several negatives for the retail environment in an interview...
-
Gartner: Consumer 3D Printing More Than Five Years Away
Friday, August 22, 2014 - 4:52pm | 633A recent report from Gartner saysthat although 3D printing is rapidly gaining acceptance, widespread consumer use is more than five years away. Gartner research vice president Pete Basiliere said in a statement that consumer 3D printing is around five to 10 years away from mainstream...
-
Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 5:31pm | 2792U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
-
Earnings Expectations For The Week Of August 18: More Retail Earnings
Sunday, August 17, 2014 - 5:09pm | 1041Retail earnings season continues this week, with big-box store operators Home Depot (NYSE: HD), Target (NYSE: TGT) and Staples (NYSE: SPLS) among those companies on deck to share the most recent quarterly results. This follows last week's highlights in the industry, in which Macy's (...
-
Consumer Confidence And Housing Data Take A Back-Seat To Markets
Tuesday, June 24, 2014 - 4:36pm | 2263U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...
-
Market Wrap For May 27: S&P 500 Closes At New Record High After Holiday Weekend
Tuesday, May 27, 2014 - 4:48pm | 1979U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...
-
Market Wrap For May 20: Markets Sharply Lower On Fed Talk, Disappointing Earnings
Tuesday, May 20, 2014 - 4:42pm | 2471U.S. stocks declined following troubling words from a Federal Reserve official. In a speech delivered Tuesday, the Fed's Charles Plosser hinted that the Federal Reserve should reduce the pace of its asset purchases in measured steps but an increase in interest rates “may come sooner than many...
-
Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
-
Office Depot To Close 400 Stores
Tuesday, May 6, 2014 - 1:57pm | 434Office Depot (NYSE: ODP) is wrapping up the consolidation of its merger last year with OfficeMax by closing at least 400 stores. That announcement came in alongside the company's first quarter earnings results on Tuesday, which pleasantly surprised both analysts and Office Depot officials. “...
-
Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
-
Keurig, Office Depot And Others Insiders Have Been Buying
Sunday, March 16, 2014 - 3:50pm | 752Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. First Financial Bankshares One director has scooped up a total of 9,600 shares of First Financial Bankshares (NASDAQ:...
-
Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
-
Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...
-
Market Wrap For March 5: Markets Calm Following Tuesday's Massive Rally
Wednesday, March 5, 2014 - 5:40pm | 2368U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off. The Beige Book, released at 2:00 pm, confirmed what most already...