Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video]

The nation’s three biggest department-store operators have been disproportionately pinched by the downturn in consumer spending. That’s what happens when you’re stuck in the middle of the retail-price spectrum during a period of sagging home values and lofty unemployment. [Video]

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Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video] originally appeared on DailyFinance on Tue, 16 Nov 2010 17:50:00.

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Dow Dives 178 Points on China Interest Rate Hike Fears

The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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As the Anglo-Swedish drugmaker looks to divest assets, it seeks a buyer for its dental implants and medical devices unit Astra Tech.
Continue reading AstraZeneca Looking to Sell Unit for $2 Billion

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