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US stocks edge up on retail sales data Economic Times NEW YORK: US stocks were up modestly on Tuesday on signs of improvement in the retail and housing sectors, but gains were limited as the market showed fatigue, with the S&P 500 up seven of the past eight sessions. Home Depot raised its profit forecast, ... See all stories on this topic » | ||
Stocks End Mixed Despite Upbeat Retail Data Wall Street Journal (India) Stocks End Mixed Despite Upbeat Retail Data. Consumer-discretionary stocks helped boost the market after Home Depot and other retailers delivered better-than-forecast results and July's retail-sales figures topped estimates. Steven Russolillo has ... See all stories on this topic » | ||
Agrium refuses investor demand to spin off retail Reuters WINNIPEG/TORONTO (Reuters) - Canadian fertilizer group Agrium Inc (AGU.TO) (AGU.N) said on Tuesday it would not take the "substantial risk" of spinning off its retail operations, as the company sought to fend off pressure from activist investor Jana ... See all stories on this topic » | ||
Retail Sales Report Stings Treasury Bonds Wall Street Journal The retail sales report came on the back of a bigger-than-forecast monthly nonfarm jobs gain reported earlier this month, offering some reassuring signs that the U.S. economy might improve from a dismal second quarter. The data might dilute enthusiasm ... See all stories on this topic » | ||
Oil Rises for First Time in Three Days on Retail, German GDP Bloomberg "The decent retail sales number is another signal that U.S. economic growth is a little bit better," said Chris Barber, a senior analyst at Energy Security Analysis Inc. in Wakefield, Massachusetts. "At this point, oil investors are looking for any ... See all stories on this topic » | ||
Quadrant lifts its retail stakes The Australian QUADRANT Private Equity has bought a majority stake in two retailers, Barbeques Galore and Super A-Mart, acquiring Singapore's GIC Special Investments's holding in the latter. Quadrant injected $130 million for an approximately 60 per cent equity stake ... See all stories on this topic » | ||
BATS takes aim at retail market share with new plan Reuters NEW YORK (Reuters) - BATS Global Markets, the No. 3 U.S. stock exchange, said on Tuesday it plans to offer discounts of a tenth of a cent on retail orders, similar to a controversial pilot program at the New York Stock Exchange regulators approved last ... See all stories on this topic » | ||
Moneyspinner Subrata Roy spins new yarn: direct retail Firstpost Now, Sahara Group boss Subrata Roy believes if anyone should do the packing in future, it will be he himself. He has just announced a massive entry into the retail sector where the core business will be the sourcing, packing and forwarding consumer ... See all stories on this topic » | ||
Retail therapy works for Westfield Ninemsn Investors who expect retail to rebound could do much worse than investing in Westfield, especially given its exposure to the US and UK markets that will see a stronger rebound (given a larger fall in prior years), and to the growth markets of South ... See all stories on this topic » | ||
Retail sector up on earnings, back-to-school sales MarketWatch SAN FRANCISCO (MarketWatch) — The retail sector saw sizeable gains Tuesday on the heels of a better-than-expected monthly retail sales report and mostly positive quarterly earnings reports. Estee Lauder Cos. (NYSE:EL) saw its share price jump 10% in ... See all stories on this topic » | ||
Upturn in US retail sales lifts dollar, yen slumps broadly Reuters NEW YORK (Reuters) - Investors bought U.S. dollars and sold yen on Tuesday after stronger-than-expected U.S. retail sales data tempered expectations the Federal Reserve would resort to printing more money to stimulate the economy. The euro rallied ... See all stories on this topic » | ||
Edmonton's strong retail sector attracts Quebec's Structube Edmonton Journal By the time Structube opened its first retail store in 1983 in Montreal — managed by Kopeck's mother — Structube was manufacturing tubular furniture such as coat racks and beds. The company started importing its products directly from suppliers in ... See all stories on this topic » | ||
Higher retail spending lifts hopes for US economy WMBF WASHINGTON (AP) - Americans increased their retail spending in July by the most in five months, opening their wallets after a frugal spring and offering hope that the slumping economy may rebound in the second half of the year. Retail spending rose in ... See all stories on this topic » | ||
Japan, Australian Stock Futures Rise on U.S. Retail Sales Bloomberg Japanese and Australian stock futures gained after U.S. retail sales and German gross domestic product rose more than forecast, boosting the outlook for Asian exporters. American depositary receipts of Sony Corp. (6758), a Japanese consumer electronics ... See all stories on this topic » | ||
US retail sales strengthen in July Financial Times US retail sales rebounded in July as consumers felt more confident about spending at department stores, car dealers and electronic outlets, allaying some fears about a loss of momentum in the largest and most vital chunk of the economy. The 0.8 per ... See all stories on this topic » | ||
Aussie, NZ Dollars Fall Versus Majors After US Retail Data Bloomberg The currencies gained earlier after a private survey showed Australian business confidence advanced from a 10-month low, and a New Zealand government report showed retail sales increased more than economists forecast during the second quarter. See all stories on this topic » | ||
Kenya reduces fuel retail prices China Daily NAIROBI - Kenya's energy sector regulator said on Tuesday fuel retail prices for super petrol, diesel and kerosene will decrease in the latest review that is expected to ease the cost of living in the country. The Energy Regulatory Commission (ERC ... See all stories on this topic » | ||
US Retail Sales Soothe Recession Fears Wall Street Journal Retail sales increased 0.8% in July from a month earlier, a pace that blew away economists' meager expectations and helped offset three consecutive months of declines. What was particularly heartening in the report Tuesday from the Commerce Department ... See all stories on this topic » | ||
Retail Sales Rise 0.8 Percent in July The Ledger U.S. retail sales rose in July by the largest amount in five months, buoyed by more spending on autos, furniture and clothing. Retail sales rose 0.8 percent in July from June, the Commerce Department reported. (FAY ABUELGASIM | THE ASSOCIATED PRESS) ... See all stories on this topic » | ||
Retail Sales Report Boosts Stocks MarketWatch The major American stock indices got a boost on Tuesday after the Commerce Department's Census Bureau released its report on Retail Sales for July. Although economists had been expecting an increase of 0.3 percent, the report revealed an increase of ... See all stories on this topic » | ||
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Retail sales gain hints at stronger growth Reuters WASHINGTON (Reuters) - Retail sales rose in July for the first time in four months as demand climbed for goods ranging from cars to electronics, a sign that consumers could drive faster economic growth in the third quarter. Sales rose 0.8 percent last ... See all stories on this topic » | ||
US retail sales push stocks up National Business Review Stocks on Wall Street responded positively to better-than-expected US retail sales in July. But after peaking midway through the session, prices closed on their lows. Shares in consumer-discretionary companies were further buoyed after Home Depot and ... See all stories on this topic » | ||
Retail Sales Jump, But Will Rising Gas Prices Hurt? NPR July saw the largest retail sales increase in months, according to the Commerce Department. But not all the news is rosy. NPR Senior Business Editor Marilyn Geewax joins guest host Jacki Lyden to take a look at consumer spending and the "back to school ... See all stories on this topic » | ||
Retail sales gain sends US stocks higher Businessweek NEW YORK (AP) — Stocks moved higher Tuesday after a surprising gain in retail sales in July provided more evidence that American shoppers are still spending even as their counterparts in Europe and Asia slow down. The Dow Jones industrial average ... See all stories on this topic » | ||
Dollar lower after US retail sales Sydney Morning Herald The Australian dollar is lower on strong data from the US and mixed growth figures in the euro zone. At 7am AEST the local unit was trading at 104.89 US cents, down from 105.22 cents on Tuesday. Bank of New Zealand currency strategist Mike Jones said ... See all stories on this topic » | ||
CANADA FX DEBT-C$ bolstered by positive US retail sales data Reuters Canada dollar at C$0.9919 vs US dollar, or $1.0082 * U.S. retail sales data boosts currency * Bond prices mostly lower * Focus on CPI and manufacturing sales data this week By Solarina Ho TORONTO, Aug 14 (Reuters) - The Canadian dollar strengthened ... See all stories on this topic » | ||
Retail Properties of America, Inc. Welcomes Michaels to Shoppes at Stroud Stockhouse Retail Properties of America, Inc. (NYSE: RPAI) announced today that Stroud Commons LLC, one of its wholly-owned subsidiaries, signed a lease for a 22239-square-foot Michaels at Shoppes at Stroud, Stroudsburg, PA. The store opening is planned for this ... See all stories on this topic » | ||
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Retail sales boost for NZD Voxy The NZD/USD fell to find support at 0.8050 overnight, after the USD responded positively to US retail sales data. Earlier yesterday, the NZD was boosted by a strong NZ Q2 retail sales release. While the data contained a bit of noise the headline ... See all stories on this topic » | ||
Retail sales data lift Wall Street stocks Financial Times Shares of Michael Kors jumped after the low-end luxury clothing and accessories company reported a 71 per cent increase in total revenue in the three months to the end of June and raised its full-year outlook. That sent the stock up 14.2 per cent to ... See all stories on this topic » | ||
Retail sales gain sends US stocks slightly higher The Associated Press By By PALLAVI GOGOI – 1 minute ago. NEW YORK (AP) — Stocks edged higher Tuesday after a surprise gain in retail sales in July provided more evidence that American shoppers are still spending even as their counterparts in Europe and Asia slow down. See all stories on this topic » | ||
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Mexico Stocks Close Higher after Local, US Retail Data Wall Street Journal MEXICO CITY--Mexican stocks closed higher Tuesday, building on early increases after U.S. retail sales came in better than expected and local retailers also reported gains in July. The IPC index of the leading 35 issues rose 0.7% to 40645 points on ... See all stories on this topic » |
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