Michael Kors Holdings Ltd stood out in its market debut, keeping pace with star technology sector IPOs and showcasing the resilience of the luxury market even in a gloomy economy.
Apple will launch the iPhone 4S in Brazil on midnight Friday, even though the phone will be costly and won't yet feature a working version of Siri.
Two recent reports on the attitudes of the "mass affluent" revealed that consumers in this wealth bracket have a relatively high level of apprehension about their financial future.
The top aftermarket NYSE losers on Wednesday were: KAR Auction Services, TNS, Titan International, Colonial Properties, Greatbatch, ABM Industries, Molina Healthcare, Express, Ethan Allen Interiors and Gaylord Entertainment.
Nokia is back with a bang in the smartphone market. The Finnish cellphone manufacturer and T-Mobile announced Wednesday that the Lumia 710 will be retailed at $49.99 on a two-year contract, starting Jan. 11.
An influential retail trade group raised its forecast for U.S. holiday retail sales on Thursday, citing strong results in November and expectations that consumers still have more shopping to do.
Amazon.com Inc shares dropped to levels not seen since March Wednesday on concern that big spending and aggressive pricing by the No. 1 Internet retailer will hit profit during the crucial holiday season and well into next year.
Two reports released today show two groups, retail investors and professional asset managers, have been moving in markedly different directions in the past two weeks. The armchair stock pickers are getting out of U.S. equities while the pros are claiming they are dumping more cash into the American stock market.
The bulk of the job cuts (1750) will impact the investment banking unit, Cacib.
Morgan Stanley has returned $700 million to investors after its main real estate fund performed weaker than expected, reported the Wall Street Journal.
Wal-Mart shoppers witnessed Lilia Blandin being stabbed to death by her husband in the middle the store on Saturday. Wal-Mart refused
Prime Minister Manmohan Singh expects to succeed in his push to open the domestic retail market to foreign companies after regional elections conclude by the end of March.
Worries that India's evolution into an economic superpower may be overhyped and signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.
Freeport McMoRan Copper & Gold Inc. and its Indonesian union signed a pay deal on Wednesday to end a three-month strike that had paralysed output at the world's second-biggest copper mine, a union official and the company said.
Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports by 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market.
India's Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market, its chairman said on Wednesday.
The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.
The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
Retail sales grew at their slowest pace in five months in November, tempering expectations for a strong holiday shopping season.
The Federal Reserve on Tuesday left monetary policy on hold but said financial market turbulence posed threats to economic growth, leaving the door open to further easing next year.
It's an understatement to say that the Great Recession took its toll on department store chains, but there are survivors, and Nordstrom (JWN) is one.
The amount of gold held in exchange-traded products is near record highs and although the gold price is suffering from investors' desire for the safety of cash, the risk of this $116 billion stash of bullion being jettisoned is distant.