Wedbush Securities expects April U.S. retail video game console software sales data to be released by the NPD Group after the market close on May 12. The brokerage said April may be an anomalous month for software sales, with a rebound likely due to an outstanding lineup of blockbuster title.
China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...
Jake was an unfortunate victim of the downturn in his chosen industry. Graduating in 2005 from a Master's in Aviation program, he entered the job market and was unsuccessful in securing a position in his field of interest. Then, with the global economic crisis just a few years later, he put his dreams on hold and decided to continue to work in the retail field for Sam's Club, not knowing if he would ever be able to use his degree to break into aviation.
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.
U.S. stocks ended lower on Thursday after a major aftershock in Japan triggered new fears about a nuclear crisis, but better-than-expected jobless claims data and monthly retail sales data held losses in check.
Retail sales in eurozone fell unexpectedly in February, as consumers curtailed spending amid rising prices. The volume of retail trade in the 17-nation eurozone dropped 0.1 percent in February compared with 0.2 percent increase in January, the Eurostat said on Tuesday.
The top pre-market NASDAQ Stock Market gainers are: Golar LNG, Star Scientific, Ebix, Sino Clean Energy, and AEterna Zentaris. The top pre-market NASDAQ Stock Market losers are: Omeros, Atrinsic, Logitech International, Ascent Solar Technologies, Xyratex, and Nasdaq OMX Group.
Brean Murray Carret & Co. cut its profit estimates and price target of Phillips-Van Heusen Corp. (NYSE: PVH), saying it makes more sense in the current environment to be conservative.
Retail sales in Britain fell more than expected in February, as rising prices dampened consumer spending in the country.
Brean Murray Carret & Co. reiterated its Hold rating and narrowed its loss estimate on apparel retailer New York & Co. (NYSE: NWY) after the company posted stronger-than-expected quarterly results.
Brean Murray Carret & Co. reiterated its price target of $60 on Guess? Inc. (NYSE: GES), saying the apparel retailer remains well positioned for uncertain times.
U.S. stocks ended higher on Friday led by gains from oil refiners after the earthquake disrupted Japan's refining capacity and equipment makers advanced on expectations for increased demand from rebuilding efforts.
U.S. stocks ended higher on Friday led by gains from Oil refiners after the earthquake disrupted Japan's refining capacity and and equipment makers advanced on expectations for increased demand from rebuilding efforts.
The top after-market NASDAQ stock market gainers are: CDC Corp., Ener1, RC2 Corp., Clean Energy Fuels, and Sangamo Biosciences. The top after-market NASDAQ stock market losers are: Energy Conversion Devices, Zumiez, Jamba, Stereotaxis, and Clearwire.
Clearwire executive Bill Morrow is leaving the company for personal reasons.
The top after-market NASDAQ stock market gainers are: Semtech, China Lodging Group, Fuel-Tech, China Sky One Medical, and Iridium Communications. The top after-market NASDAQ stock market losers are: Coldwater Creek, The Children's Place Retail Stores, SMTC, SIGA Technologies, and Columbia Laboratories.
Gross domestic product (GDP) of the eurozone grew 0.3 percent in the last quarter of 2010, mainly boosted by exports from the region, according to the second estimates released by Eurostat on Thursday.
March 2, 1011. Prepared at the Federal Reserve Bank of Atlanta and based on information collected on or before February 18, 2011.
A report from SpendingPulse on national retail and services sales for the month of February has shown that growth continued in most sectors, but slightly less robust than prior months.
Chinese designers will drive catwalk trends more than deep-pocketed Asian buyers as China's creativity becomes fashions' next big thing, top fashion executives and designers told Reuters at Milan fashion week.
Perennial China Retail Trust lodged the prospectus for its planned S$1.1 billion ($861 million) initial public offering in Singapore, in what is likely to be the first of several large asset-backed trust IPOs in the city-state.