
Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans and warm, dry weather lured some out for what was likely to be the third busiest shopping day of the holiday season.
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Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans and warm, dry weather lured some out for what was likely to be the third busiest shopping day of the holiday season.
Yahoo Inc's battle with Alibaba Group intensified on Friday as they issued contradictory statements over the Chinese company's transfer of a major Internet asset to its chief executive.
Nike Inc posted future orders data that missed many analysts' expectations Tuesday, sending shares of the world's largest athletic shoe and clothing maker down almost 6 percent.
FedEx Corp expects to handle 16 million packages on Monday, its busiest day of the holiday season between Thanksgiving and Christmas, marking a 13 percent increase over a year ago.
Primark clearly has high development ambitions. The Irish clothing brand, owned by the British group Associated British Foods Plc, has just appointed Wolfgang Krogmann as its Northern Europe director.
Small and mid cap stocks fell as Dick's Sporting Goods joined a number of other retailers casting doubt on the consumer recovery with cautionary forecasts for the future.
Moody's Investors Service and Standard & Poor's said they may cut their ratings on Phillips-Van Heusen, citing debt the apparel company will take on to fund its planned acquisition of fashion brand Tommy Hilfiger.
Shares of Compagnie Financiere Richemont could jump by 50 percent or more in the next year, helped by a rebound in the luxury goods market, according to the financial weekly Barron's.
Mexican stores are packed with shoppers this Christmas, but slashed prices and big promotions mean cash registers are ringing up meager sales, underscoring a fragile recovery from a punishing recession.
Shares in web retailer eBay could be worth 30 percent more than current prices as a promised turnaround in its core online-auction business begins to yield results.