Posted by Geoff Seiler at 4:50PM on August 29th
Stocks managed to eek out small gains today in another day of light trading that is typical for the week before Labor Day. The economic reports today were stronger than expected, with home sales data providing another indicator that housing…
Posted by Geoff Seiler at 4:37PM on March 28th
Stocks retreated on the day, as a weaker-than-expected durable goods order sent stocks lower on the fears that Q1 might not have been as strong as suspected. More economically sensitive names were the hardest hit. Financials, though, continue to show…
Posted by Geoff Seiler at 4:39PM on November 30th
Stocks surged on the day, as central banks around the world — including those from Canada, Great Britain, Japan, Switzerland, as well as the Fed, and ECB – took measures to prevent a European credit crunch, including temporarily lowering the…
Posted by Geoff Seiler at 4:49PM on December 1st
Stocks had a strong day after European Central Bank (ECB) president Jean-Claude Trichet indicated the ECB may significantly expand its government bond purchase program. Somewhat ironically, many European leaders were up in arms over the Fed’s quantitative easing program, and…
Posted by Max Magee at 1:51PM on July 1st
As the broader market drifted lower, select retail sectors rallied on earnings news and other events on Thursday.
Posted by Max Magee at 5:16PM on April 8th
Some retailers have managed to beat expectations recently, encouraging investors that a turnaround may be in sight.
The retail industry suffered throughout the economic downturn as consumers reduced spending. The outlook is still somewhat gloomy, but recent earnings news has been…
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