RETAIL SALES

Rise in Canadian retail sales fails to impress

Autos propel Canadian retail sales higher in June
Canadian retail sales rose a seemingly healthy 0.7 percent in June from May, but the figure prompted little enthusiasm from analysts who noted a one-off jump in auto sales had fueled most of the gain.
Ferrari cars, including the F40 (R and 2nd R), F50 (2nd L) and Enzo sit on display during a show of luxury cars in Singapore

Asia's Wealthy Park Cash in Cars, Homes, Art and Wine

Adrian Tan owns two Mercedes sedans and is looking to buy a third car. The 36-year-old financial trader was shopping with his wife on a Singapore street lined with luxury car dealerships and said he may stick with Mercedes or go for an Audi or a BMW.
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April NPD Preview -- Expect Rebound in Software Sales Growth: Analyst

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 is facing destabilizing inflation: AEI Outlook

China is facing destabilizing inflation: AEI Outlook

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...
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Is your résumé sabotaging your career?

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.
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Global Markets Overview 04/14/2011

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.
Traders work on the floor of the New York Stock Exchange

Global Markets Overview 04/13/2011

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.
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US stocks end lower after Japan aftershock

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.

Eurozone retail sales fell unexpectedly in Feb.

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.
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Brean Murray reiterates $60 PT on Guess?

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.
Traders work on the floor of the New York Stock Exchange

Global Markets overview 14/03/2011

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.
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Global Markets overview

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.
Germany's Agriculture Minister Aigner talks with EU Health and Consumer Policy Commissioner Dalli during an EU Agriculture and Fisheries Ministers' meeting in Brussels.

Eurozone economy grew 0.3 pct in fourth quarter

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.
Milan fashion awaits Chinese design boom

Milan fashion awaits Chinese design boom

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 to raise $860 mln in S'pore IPO

Perennial China to raise $860 mln in S'pore IPO

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.

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