Bright start on Wall Street as retailers support FTSE after Marks news The Guardian | Ahead of tonight's US Federal Reserve statement after its latest meeting, Wall Street is moving higher again, helping to underpin the FTSE 100's earlier gains. | The US market is up more than 70 points in early trading, while the FTSE is 58.08 points better at 5095.29. The weaker dollar is helping...
Nikkei up 0.4 pct as Fast Retailing gains, Fed eyed The Guardian TOKYO, Nov 4 (Reuters) - The Nikkei average rose 0.4 percent on Wednesday, with Fast Retailing climbing on a surge in sales at its Uniqlo clothing stores but some exporters losing ground due to caution before a Federal Reserve statement on interest rates and the economy. The benchmark Nikkei added 4...
Tiberi helped on provision to save retailers on taxes The Columbus Dispatch Rep. Pat Tiberi was among a bipartisan group of lawmakers who wrote a $10 billion tax-relief measure into the unemployment-benefits extension approved by Congress last week and signed into law by President Barack Obama. | The Genoa Township Republica...
Retailers in focus as earnings season draws to a close The Guardian By Caroline Valetkevitch NEW YORK, Nov 6 (Reuters) - U.S. retailers are poised to defy gloom next week as earnings expectations have improved, but the big test will be what they say about holiday shopping. Earnings estimates for Standard & Poor's 500...
Wall St Week Ahead: Stocks eye retailers as jobless ranks swell The Guardian * U.S. retail earnings take center stage * Wal-Mart eyed for insight on consumer * On tap: September trade gap, November consumer sentiment * U.S. Treasury refinances record debt By Edward Krudy NEW YORK, Nov 6 (Reuters) - As unemployment in the Unit...
AOL names CEO of online retailer to its board The Examiner Comments NEW YORK (Map, News) - AOL, the Internet service provider owned by Time Warner Inc., on Friday named Gilt Groupe CEO Susan Lyn0e to its board. | Lyne and nine other directors will join the AOL board on Oct. 26 after AOL separates from its pa...
AP / Katsumi Kasahara
Nikkei up 1.5 pct after JPMorgan, U.S. retail data The Guardian * Nikkei breaks resistance near 10,140 * Nikkei rose over 2 pct at one stage * Exporters, techs strong after Dow breaks above 10,000 By Elaine Lies TOKYO, Oct 15 (Reuters) - Japan'...
US retail sales rise in Sept, raise holiday hopes The Guardian * Most U.S. retailers beat analysts' forecasts * Sept same-store sales up 0.6 pct; view was 1.1 pct drop * Chains benefit from clothing demand, easy comparisons * S&P Retail Index ...
CVS Caremark 3rd-quarter profit jumps 39 percent on retail, pharmacy benefits revenue Hartford Courant NEW YORK (AP) — Caremark Corp. said Thursday its third-quarter profit jumped 39 percent to more than $1 billion on a boost from pharmacy benefits services and drugstore sales. | The Woonsocket, R.I., company says profit jumped to $1.02 billion,...
CVS Caremark 3rd-quarter profit jumps 39 percent on retail, pharmacy benefits revenue Star Tribune | NEW YORK - CVS Caremark Corp. says its third-quarter profit jumped 39 percent on a boost from pharmacy benefits services and drugstore sales. | The Woonsocket, R.I., company says profit jumped to $1.02 billion, or 71 cents per share, from $732.5 mi...
Eurozone retail sales drop in Sept The Tribune San Luis Obispo | Retail sales in the 16 countries that use the euro dropped by 0.7 percent in September, European Union statistics showed Thursday, evidence the economic recovery will be slow and bumpy. | The drop from August comes as high and rising unemployment a...
Grocers prey on our impulsive nature The News Tribune | SAN FRANCISCO - If you ever leave the grocery store with a slight sense of bewilderment at what you've just bought, you are not alone. | Despite the utilitarian look of most grocers' shelves, careful science goes into deciding how to display the thousands of items each store carries and how to make them appeal to consumers. | Marketers tug shoppe...