Market Braces for Retail Reports; Shares Slide
The sector was awash in red, with the S&P Retail Index down 2% to 365.89, as investors await earnings reports from major market movers like Wal-Mart Stores(WMT Quote), Macy's(M Quote), Kohl's(KSS Quote), J.C. Penney(JCP Quote) and Abercrombie &
McDonald's July same-store sales rise 4.3 percent
Teen retailers reported weak same-store sales in July, partly hurt by later school-start dates and later tax-free shopping periods in several states.
Labor day falls a week later this year compared to a year ago.
Even the usual bright spots - The
In final Lap of U.S. Earnings, it's Retailers' Turn
NEW YORK--If the strong earnings trend keeps up this week, black will be back in style on the balance sheets of more of the nation's
retailers.
Like other companies struggling in the recession, retailers have been cutting costs and paring down
This week
Labor Department releases productivity for the second quarter; Commerce Department releases wholesale trade inventories for June; Federal Open Market Committee meets to set interest rates.
Commerce Department releases international trade for June;
Who SWEPT the TCAs?
Well, what do ya know...
UNIVERSAL CITY, Calif. - Miley Cyrus rode a wave at the Teen Choice Awards.
The teen queen sailed away with six surfboard-shaped trophies at Sunday's ceremony. Cyrus won for comedy TV actress and comedy TV show for "Hannah