Stocks rose at the open on Thursday after a surprise profit from Alcoa Inc boosted the start of the earnings season.
Stocks headed for a higher open on Thursday as a surprise profit from Alcoa Inc boosted the start of the earnings season and surging commodity prices underpinned a global equity advance.
U.S. retailers, including Macy's Inc and Abercrombie & Fitch , surprised Wall Street with better-than-expected September sales, suggesting shoppers could be loosening their purse strings ahead of the crucial holiday season.
U.S. retailers, including Limited Brands Inc and Children's Place , surprised Wall Street with small increases in September sales, suggesting that shoppers could be heading back for the crucial holiday season.
U.S. financial advisors are due for upheaval as baby boomers, controlling $10 trillion in assets, reach retirement age and shift their investment priorities, said a senior executive at asset manager BlackRock Inc.
Family Dollar Stores Inc and Costco Wholesale Corp reported better-than-expected quarterly profits on Wednesday and said sales improved in September from preceding months, sending their shares higher.
HSBC Holdings Plc is in advanced discussions to acquire the banking assets of Royal Bank of Scotland in three Asian countries, the Wall Street Journal online reported on Wednesday.
HSBC Holdings Plc is in advanced discussions to acquire the banking assets of Royal Bank of Scotland in three Asian countries, the Wall Street Journal online reported on Wednesday.
U.S. retailers probably saw sales decline again in September, signaling weak demand leading into the holiday season that will require chains to sharpen their focus on value.
Female Health Co's new version of its female condom is now available to state health agencies and nonprofit organizations, but the company is still trying to make it more widely available in stores.
BlackBerry maker Research In Motion could see its share of the smartphone market eroded by competing devices like Apple's iPhone, analysts warned on Friday as RIM's stock plunged more than 16 percent in the wake of a disappointing profit and outlook report.
Citigroup Inc's U.S. retail banking business plans to focus its marketing efforts on six cities, a source familiar with the matter said, but the bank's chief executive said he does not plan to dramatically shrink its branch network.
Sales of the PlayStation 3 video game console jumped in the weeks after a $100 price cut last month, and strong demand could lead to empty shelves at retail, a Sony Corp executive said on Wednesday.
Corrects to read Sony's God of War and Activision Blizzard's Call of Duty in penultimate paragraph; names of video game publishers were transposed
U.S. holiday spending is expected to be flat versus a year ago, as consumers remain cautious and the national unemployment rate hovers at nearly 10 percent, Deloitte said in a forecast released late on Sunday.
LVMH Moet Hennessy Louis Vuitton SA said on Friday that a Paris tribunal found eBay Inc liable for brand counterfeiting, and ordered the Internet auction and retail company to pay the French luxury brand 80,000 euros ($118,000).
LVMH Moet Hennessy Louis Vuitton SA said on Friday that a Paris tribunal found eBay Inc liable for brand counterfeiting, and ordered the Internet auction and retail company to pay the French luxury brand 80,000 euros.
Top U.S. movie rental chain Blockbuster Inc, which is facing tough competition from Netflix Inc and Coinstar Inc's Redbox, plans to close up to 960 stores by the end of next year.
U.S. stocks were little changed on Tuesday as some retail companies' results and rising credit card defaults overshadowed government data showing stronger-than-expected retail sales last month.
U.S. stock index futures pointed to a higher open on Tuesday as retail sales advanced at their fastest clip in over three years while producer prices rose more than twice as much as expected in August.
Sales at U.S. retailers likely rose at their fastest pace in more than three and a half years in August, fueled by cash incentives to buy autos and by higher gasoline prices, according to a Reuters poll.
U.S. stock index futures were flat on Tuesday as investors awaited key economic data, including the retail sales report, for more evidence of an economic recovery.
