There?s been a lot of hype surrounding video game releases as of late, with titles such as ?Diablo 3? and ?Max Payne 3? quickly approaching. But what about the second half of 2012? With the holiday season being a critical time for retail sales, players should know what they have to look forward to. It?s no secret that ?Assassin?s Creed 3? will be launching at the end of October, but a list of other titles are set to launch around that time as well.
Macy's, Inc. (NYSE: M), the national retailer that counts department stores brands Macy's and Bloomingdale's in its portfolio, reported earnings Wednesday that exceeded expectations, but still disappointed Wall Street, which was looking for higher guidance from the company on future earnings.
Futures on major U.S. stock indices point to a higher opening ahead of key U.S. monthly nonfarm payrolls and unemployment data from the government.
Asian stock markets declined Friday as weaker-than-expected data on the U.S. services sector and disappointing April retail sales fueled concerns that the recovery in the world's largest economy is slowing.
Honda Motor Company Limited (NYSE: HMC) said Tuesday that U.S. sales last month fell 2.2 percent because of three fewer selling days than in April 2011, but on a selling-day adjusted basis sales actually jumped 10 percent on strong demand for Accord and Civic hybrids.
General Motors Company (NYSE: GM), the world's largest car company, reported an 8.2 percent drop in April sales on declining fleet sales and fewer selling days compared to the year before.
Europe's chronic financial and economic troubles threaten to reach a critical level in May as warning signals emerge from the continent's core and its southern periphery.
Germany?s retail sales rose in March compared to the previous month with the boost in purchasing power in households as unemployment declined.
Asian stock markets declined Friday as sentiment was subdued after Standard & Poor's downgraded Spain's rating.
Asian stock markets declined for the second day Tuesday despite better-than-expected US retail sales data as concerns over Europe's debt crisis continued to weigh.
Sales at U.S. retailers rose sharply for the third straight month in March, as Americans continued to weather the hike in gasoline prices and splurged on buying new cars and renovating their homes.
Futures on major US stock indices point to a higher opening on Monday ahead of economic data including retail sales.
Growth was 8.1 percent in the first quarter, the lowest since the same period in 2009, largely due to weak global demand and reduced investment in domestic real estate.
Claims for jobless benefits rose to 380,000 last week, giving economists another piece of data to worry about after a gloomy job market showing in March. Meanwhile, a Federal Reserve report published Wednesday painted a picture of a recovery that continues to press ahead, however, modestly, amid concerns of higher fuel prices.
Same-store sales rose 0.5 percent from the previous week and 4.5 percent year on year, the International Council of Shopping Centers and Goldman Sachs reported. Redbook Research said same-store sales were up 0.8 percent from March and 4.1 percent from April 2011.
Fresh figures on business activity and retail sales in the 17-member currency area reinforce earlier signs of recession, even as the European Central Bank left its main interest rate unchanged at an all-time low of 1 percent.
General Motors Co. announced its March car sales were up 11.8 percent Tuesday on the strength of Chevrolet sales.
Ford Motor Co. had its strongest March car sales in five years, increasing sales 5 percent over last year, the company reported Tuesday.
Starting from wild rumors on iPhone 5 and Samsung Galaxy S3 to grand launch of Apple's legendary New iPad (or iPad 3) and once again the world witnessed Apple Mania!
Retail sales in Japan increased 3.5 percent year-on-year in February, supported by subsidies on cars and higher fuel prices, according to data from the Japanese ministry of Economy, Trade and Industry.
Growth is likely to be weak in the near term for New Zealand as the temporary boost from the Rugby World Cup unwinds, according to Capital Economics.
The monthly activity data released this week confirmed that Russia’s economy remains in a decent shape, helped by the recent rise in the oil price according to Capital Economics.