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Sputtering U.S. Economy, Look Out Below!

The slowdown has begun. The economy has started to sputter and unemployment claims have tipped 400,000 for the last seven weeks. Manufacturing is cooling, the housing market is struggling and consumers are keeping a close eye on spending, meaning the U.S. economy might be on a slower path to full health than expected.
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Is your résumé sabotaging your career?

Jake was an unfortunate victim of the downturn in his chosen industry. Graduating in 2005 from a Master's in Aviation program, he entered the job market and was unsuccessful in securing a position in his field of interest. Then, with the global economic crisis just a few years later, he put his dreams on hold and decided to continue to work in the retail field for Sam's Club, not knowing if he would ever be able to use his degree to break into aviation.
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US stocks end lower after Japan aftershock

U.S. stocks ended lower on Thursday after a major aftershock in Japan triggered new fears about a nuclear crisis, but better-than-expected jobless claims data and monthly retail sales data held losses in check.

Eurozone retail sales fell unexpectedly in Feb.

Retail sales in eurozone fell unexpectedly in February, as consumers curtailed spending amid rising prices. The volume of retail trade in the 17-nation eurozone dropped 0.1 percent in February compared with 0.2 percent increase in January, the Eurostat said on Tuesday.
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Brean Murray reiterates $60 PT on Guess?

Brean Murray Carret & Co. reiterated its price target of $60 on Guess? Inc. (NYSE: GES), saying the apparel retailer remains well positioned for uncertain times.
Germany's Agriculture Minister Aigner talks with EU Health and Consumer Policy Commissioner Dalli during an EU Agriculture and Fisheries Ministers' meeting in Brussels.

Eurozone economy grew 0.3 pct in fourth quarter

Gross domestic product (GDP) of the eurozone grew 0.3 percent in the last quarter of 2010, mainly boosted by exports from the region, according to the second estimates released by Eurostat on Thursday.
Milan fashion awaits Chinese design boom

Milan fashion awaits Chinese design boom

Chinese designers will drive catwalk trends more than deep-pocketed Asian buyers as China's creativity becomes fashions' next big thing, top fashion executives and designers told Reuters at Milan fashion week.
Perennial China to raise $860 mln in S'pore IPO

Perennial China to raise $860 mln in S'pore IPO

Perennial China Retail Trust lodged the prospectus for its planned S$1.1 billion ($861 million) initial public offering in Singapore, in what is likely to be the first of several large asset-backed trust IPOs in the city-state.
Shoppers cart their purchases from a Wal-Mart store in Alexandria, Virginia  November 12, 2009

Wal-Mart domestic sales dip again, shares down

Shares of Wal-Mart Stores fell nearly 4 percent in early trade after the world’s largest retailer a seventh straight quarterly decline in U.S. comparable-store sales, saying some of the pricing and merchandising issues ran deeper than it initially expected.
Shopping carts are seen outside a Wal-Mart Supercenter in Coolidge

Wal-Mart US sales disappoint, shares fall

World’s largest retailer Wal-Mart Stores Inc reported a 1.8 percent fall in U.S. comparable-store sales for the fourth quarter even as it posted a 27 percent rise in quarterly profit.
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Truworths boosts H1 profit, mulls share buybacks

Truworths, South Africa's biggest listed clothing retailer, posted a 19 percent rise in first-half profit as lower interest rates boost consumer spending and said it was considering M&A or buying back shares.

Postcard From Mickey's Investor Day

Walt Disney hosted multiple business sessions on Thursday with Street analysts at the Disneyland complex in Anaheim, California and tackled a myriad of strategic issues facing both the company and the media sector in general, at its 2011 Investor conference.

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