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Dow Suffers Worst One-Day Performance In 2014, Volatility Returns To The Markets
Thursday, October 9, 2014 - 4:55pm | 2188U.S. stocks plunged with the Dow, shedding more than 300 points, suffering the worst single day performance of the year. Despite the 300-plus point loss, both the S&P 500 and Nasdaq saw higher losses on a percentage basis as the CBOE Volatility Index surged over 24 percent to 18.76....
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Athleisure Wear Fad A Rapidly Growing, But Crowded Space
Tuesday, August 26, 2014 - 11:37am | 496Sales of yoga apparel have risen 45 percent year over year, according to analysts at SportsOneSource. During the same time period, yoga participation also grew... by 4.5 percent. Analysts at Barclays may have noticed the same trend. Those analysts stated that the U.S. athletic apparel market (...
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Analysts Mixed Over The Gap Following Q2 Results
Monday, August 25, 2014 - 9:41am | 998The Gap (NYSE: GPS) reported its second quarter results last Thursday after market close. The retailer earned $0.70 per share, a penny better than analysts expected; revenue of $3.98 billion came in $10 million higher than expected. The Gap's total company wide comp sales were flat in the...
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Retail ETF In Play As Handfuls Of Retailers Report Earnings
Thursday, August 21, 2014 - 2:48pm | 698The SPDR S&P Retail ETF (NYSE: XRT) saw unusually large volume on Wednesday ahead of a handful of retailers reporting earnings on Thursday. Investors bought 51,842 put options on the ETF, representing a 430 percent increase in typical volume activity of 9,775 put options. Here is a look at...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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Market Wrap For May 9: Markets Marginally Higher, But Nasdaq Still Suffers
Friday, May 9, 2014 - 4:36pm | 1982U.S. stocks struggled to stay in positive territory as earnings continue to come in mixed and investors and traders still showing a "risk-on" approach. The Dow closed at new record highs as the S&P 500 struggled to stay in positive territory for most of the day. The Nasdaq saw a strong end...
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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Market Wrap For April 11: Markets Pick Up Exactly Where They Left Off
Friday, April 11, 2014 - 4:49pm | 2266U.S. stocks declined sharply for the second day in a row as investors found little reason to reverse Thursday's bullish activity. Right off the bat, JPMorgan reported disappointing quarterly results which led to a decline in the S&P 500 index. The Volatility Index, also known as the "fear...
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'Talented Blonde' Kristin Bentz Talks Retail And Her Favorite Company To Hate
Tuesday, April 1, 2014 - 3:56pm | 1075Kristin Bentz is the Executive Director of PMG Venture Group, a private equity firm with expertise in professional sports, media and luxury. Bentz is also President of Talented Blonde LLC, an advisory firm focusing on the consumer and retail industry and the author of the upcoming book It's...
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Retailers And Weather: Who Survived The Brutal Start To 2014?
Wednesday, March 12, 2014 - 3:30pm | 1104The Johnson Redbook Retail Sales Index on March 4 concluded that national chain-store sales fell 1.3 percent in February from the comparable period in January. The 1.3 percent decrease was steeper than the one percent decline analysts were expecting. The index also showed that seasonally adjusted...
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Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...
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Barron's Recap: 2014 Roundtable: The Good, Bad And Ugly
Sunday, January 19, 2014 - 2:21pm | 780This weekend in Barron's online: part one of the 2014 Barron's Roundtable, how the Barron's stock picks for 2013 fared, and the prospects for Denbury Resources, The Gap, Dean Foods and more. Cover Story "The Good, Bad and Ugly: A Guide to 2014" by Lauren R. Rublin. It seems the Barron's...
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Holiday Retail Sales Rose 3.5 Percent On Children's Apparel & Jewelry
Friday, December 27, 2013 - 12:05pm | 729Overall U.S. retail sales were up 3.5 percent during the 2013 holiday shopping season, according to MasterCard Advisors SpendingPulse. Big sellers this year were children’s clothing and jewelry. Figures released Friday indicated that sales of clothing, electronics, and luxury goods rose 2.3...
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Market Wrap For December 6: Investors and Traders Cheer Today's Economic Data
Friday, December 6, 2013 - 5:52pm | 1657Investors had been anxiously and nervously waiting for today's job reports which could have sent major indices moving sharply in either direction. The November Nonfarm Payroll increased 203K, above consensus of 180K and above the previous reading of 200K. The Unemployment rate rang in at 7.0...
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Salesforce Soars 7% After Earnings Beat (CRM)
Thursday, August 29, 2013 - 5:05pm | 482Salesforce (NYSE: CRM) is soaring after announcing impressive second quarter results and full-year estimates that are in-line with Wall Street. The popular cloud computing company reported a Q2 EPS of $0.09. This was 18 percent lower than the EPS reported during the year-ago period, but it was...