June Retail Sales Weak
...sales, while analysts expected an 8.6 percent drop. Some teen and children?s stores saw even deeper declines. Abercrombie & Fitch Co.?s same-store sales fell 32 percent, even more than the 26.6 percent decrease Wall Street projected. Wet Seal Inc.?s fell 11.1...
Stocks push higher
NEW YORK (CNNMoney.com) -- Stocks struggled higher Thursday morning, as investors eyed Alcoa's smaller-than-expected quarterly loss and a big drop in first-time jobless claims.
Wall Street seemed to take in stride a rash of lackluster June retail
David Moenning's Daily State of the Markets: 7/9
Enough Already?
For much of yesterday?s session it appeared that the indices were experiencing clear cut breakdowns on the charts. Necklines were snapping, 200 day moving averages were toast, and lower lows were being established. Thus, it looked like
Abercrombie & Fitch same-store sales off 32%
NEW YORK (MarketWatch) -- Abercrombie & Fitch (anf) said Thursday June same-store sales dropped 32%. Analysts expected a drop of 26.6%, according to a survey by Thomson Reuters. Total sales at the New Albany, Ohio retailer fell 26% to $230.4 million
The Existential Threat of Bushism
To be fair, of all the Bushes, Jeb would be my first choice.
However, we've had two Bushes too many. The expiration date on
that product is 1990. What is leftover is spoiled and needs to be
thrown out. I concur.
Hours after lottery winners