by | Oct 12, 2010 | Towing
Retail stocks tend to rise ahead of other sectors in the early stages of an economic recovery, and so far, following a familiar pattern, both up-market and discount chains have benefited at the expense of middle-market players. So is it time to buy stock in wholesale clubs?
Continue reading Face-Off on Stocks: Costco, BJ’s, Wal-Mart
Face-Off on Stocks: Costco, BJ’s, Wal-Mart originally appeared on DailyFinance on Tue, 12 Oct 2010 08:27:00.
Filed Under: Investing, Wal-Mart Stores, Costco, Stock Picks, Retail, Video, Market News, Special Report
by | Oct 12, 2010 | Towing
Avon Products Inc. (AVP) gained in trading on the Germany stock market after British newspaper The Daily Mail said L’Oreal SA (LRLCY) may bid for the company.
Avon’s German-traded shares advanced 6.2% from the Oct. 11 closing price in New York to $35.22 at 12:59pm in Frankfurt, Bloomberg News said.
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That would give the company, which is based in New York, a market value of $15.1…
Continue reading Avon Rises in German Trading on Reports of L’Oreal Bid
Avon Rises in German Trading on Reports of L’Oreal Bid originally appeared on DailyFinance on Tue, 12 Oct 2010 07:44:00.
Filed Under: Company News, Retail, Market News
by | Oct 7, 2010 | Towing
The aluminum giant matched Wall Street’s profit expectations and exceeded the revenue estimates. Company execs say they see demand picking up as the year progresses. Alcoa shares jumped in after-hours trading.
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by | Oct 7, 2010 | Towing
The U.S. dollar and U.S. stocks have a see-saw relationship: When one is up, the other is down. If the dollar is now bottoming out and ending its long decline, that could spell bad news for equities going forward.
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by | Oct 6, 2010 | Towing
As travel picks up, Marriott International posted a third-quarter profit of $83 million, up from a loss of $466 million in the year-ago quarter. But shares are down after the company forecast that fourth-quarter earnings might …