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Retail Earnings Slump: Sears, Abercrombie & Fitch Tumble While Foot Locker Surprises
Retail Earnings Slump: Sears, Abercrombie & Fitch Tumble While Foot Locker Surprises Abercrombie & Fitch Co. (NYSE: ANF) plunged as much as 12 percent in pre-market trading Friday after the retailer cut its annual profit forecast. Shares of Abercrombie saw its biggest intraday decline since August 2012 Friday after analysts initially forecast disappointing results for retailer as the company still remains under fire for its CEO Mike Jeffries’ controversial comments that came to light earlier this month from a 2006 interview. The company said it lost $7.2 million, or 9 cents a IBTimesTV 05/24/2013 152 Views
Draghi Says Euro Zone More Stable
Draghi Says Euro Zone More Stable Speaking in London almost a year after he vowed to do "whatever it takes" to save the euro, European Central Bank President Mario Draghi said European countries should strengthen their ties and flesh out plans made last June for closer integration, including a banking union. This would involve them sacrificing some national sovereignty on budget and structural policies. Reuters 05/24/2013 511 Views
United States Futures Spooked By Lower China Output
United States Futures Spooked By Lower China Output MoneyBeat's Steven Russolillo looks at overnight selloffs in Asian markets (triggered by the U.S. Federal Reserve and lower Chinese manufacturing output) and how they are likely to affect Wall Street. WSJLive 05/23/2013 63 Views
AAA Predicts Less Travel Memorial Day Weekend
AAA Predicts Less Travel Memorial Day Weekend Fewer people may be traveling this weekend or at least not traveling as far. AAA predicts high gas and air travel prices may keep Connecticut travelers from making their usual Memorial Day Weekend trips this year. FOXCT 05/24/2013 12,570 Views
Economic Calendar: Consumer Spending, Revised US GDP The Focus For Next Week
Economic Calendar: Consumer Spending, Revised US GDP The Focus For Next Week Joseph Greco, managing director with brokerage firm Meridian Equity Partners Inc., weighs in on consumer spending and the revised U.S. GDP data on the economic calendar for next week. IBTimesTV 05/25/2013 45 Views
Shock Value: Electric Carmaker Tesla Repays Federal Loan
Shock Value: Electric Carmaker Tesla Repays Federal Loan Tesla Motors paid back its $452M federal loan nine years before it was due, but some still doubt the company's long-term viability. Newsy 05/23/2013 468 Views
Johnson: Fed Still Has Room to Run
Johnson: Fed Still Has Room to Run The Federal Reserve has leeway to remain stimulative, given lackluster economic growth amid current export and fiscal policy headwinds, says Morningstar's director of economic analysis. Morningstar.com 05/24/2013 18 Views
Why Whole Foods Is Hot
Why Whole Foods Is Hot Jim Cramer looks at why Whole Foods remains well positioned to continue to surge, with Mad Money Research Director Nicole Urken The Street 05/23/2013 46 Views
Analyst Moves: BA, TOL, SPLS
Analyst Moves: BA, TOL, SPLS This morning, Bank of America increased its price target on shares of Boeing (BA) to $120 as the company should be able to deliver more 737s and 787s this year. In the report, Bank of America maintained its buy rating. Market News Video 05/23/2013 11 Views
The Book Clubs That Find Bestsellers
The Book Clubs That Find Bestsellers Hookline Books have started a new way of finding bestsellers with book groups at the heart of the decision-making process. BBC News 05/24/2013 70 Views
Wall Street Ends Down, but Off Lows
Wall Street Ends Down, but Off Lows 05/23/13 Stocks struggled to turn positive late Thursday as big gains in Hewlett-Packard and impressive domestic economic data clashed with Fed stimulus concerns and weak Chinese manufacturing reports. New York Financial Press 05/23/2013 192 Views
When It Comes To The Office, PDA Is Pretty Dumb Actually
When It Comes To The Office, PDA Is Pretty Dumb Actually Roy Cohen and Rose Surnow join Marc and Abby to discuss why it's a bad idea to display affection in an office environment. HuffPost Live Highlights 05/23/2013 629 Views
Asia Week Ahead - Abenomics Reaching Its Limits?
Asia Week Ahead - Abenomics Reaching Its Limits? (SOUNDBITE) (English) REUTERS ASIA ECONOMICS & MARKETS EDITOR, WAYNE ARNOLD, SAYING: "Japan's prime minister, Shinzo Abe, is headed to Myanmar on the weekend for a little trip and he'll be talking Reuters 05/24/2013 3,775 Views
Top 4 Most Iconic Natural Disasters In US History
Top 4 Most Iconic Natural Disasters In US History The massive tornado that ripped through Oklahoma this week killed 24 people and may have caused upwards of two billion dollars in damage. The images coming out of Moore, the small Oklahoma town where the tornado hit are shocking: the mile-wide twister cut a scar in the countryside, leaving a nearly unbelievable trail of destruction. All in all 13,000 homes are thought to have been destroyed, affecting 33,000 people and devastating this small community.  But the United States is no stranger to m IBTimesTV 05/23/2013 89 Views
Bull Has Long Legs...Not Going to Die That Easy
Bull Has Long Legs...Not Going to Die That Easy 05/24/13 Rockwell Global Capital's Peter Cardillo weighs in on Fed tapering worries in the aftermath of Bernanke's testimony and the FOMC minutes. New York Financial Press 05/24/2013 241 Views

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