Will Rising Costs and a Weak Consumer Spell Trouble for these Retailers?
In the third quarter, the biggest contributor to the 2.5% annualized GDP increase was Personal Consumption. Consumers continue to dip into their savings in order to go shopping. The savings rate in...
View Article5 Trending Stocks: Cisco Pops 7%, Viacom Surges 5%, and Merck Hikes Dividend
Shares of Cisco Systems (NASDAQ:CSCO) popped 7% in early trading, after reporting results for its first quarter. Net income for the networking and communication devices company fell to $1.78 billion...
View Article5 Late Radar Movers: Disney Pops 2%, NVIDIA Jumps 4%, and E-Trade Falls 3.5%
Shares of Disney (NYSE:DIS) are jumping more than 2% after the closing bell. The entertainment company announced a 30% surge in profits. Disney earned $1.09 billion (58 cents per share), on sales of...
View ArticleWhich Retailer Will Win Black Friday?
It is officially the week of Black Friday. A time of the year when retailers battle it out in an effort to win over sleepless consumers. However, JP Morgan (NYSE:JPM) already appears ready to declare...
View ArticleWhich Retailers Will Perform Well in 2012?
Barclays (NYSE:BCS) is a major global services provider engaged in retail and commercial banking, credit cards, corporate and investment banking and wealth management. With the year coming to an end,...
View ArticleIs Competition Weighing on Best Buy?
On Tuesday, the Commerce Department released data that showed US retail sales increased at their slowest pace in five months. The 0.2% gain in sales last month followed a 0.6% advance in October that...
View Article9 Buzzing Stocks: Barnes & Noble Sinks 30%, Monsanto Jumps 1.8% and Gap Falls 5%
Shares of Eli Lilly & Co. (NYSE:LLY) are down more than 3 percent early Thursday, as the company says 2012 profit could fall 20 percent. Lilly said it sees 2012 earnings of $3.10 to $3.20 per...
View ArticleThese Major Retailers are Fighting for Customers and Earnings
According to the Labor Department, new claims for unemployment benefits are holding steady at the lowest level since March 2008. Although the unemployment picture has shown improvement, consumers are...
View ArticleWhy Do Investors HATE These Stocks?
On Wednesday, the S&P 500 fell .49 percent to close at 1,405.54. The index has posted gains in five of the past six months and is on pace for the best quarter in over ten years. However, equities...
View ArticleNoon Buzz: Microsoft’s Surface Tablet, J.C. Penney Plummets 10%
Microsoft Corp. (NASDAQ:MSFT) shares gained 3.5 percent in today’s trading. Late Monday, the company unveiled its own tablet PC called Surface. It comes with a 10.6-inch screen, compared to the Apple...
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