A building boom — and the constrained supply of materials due to mandated energy cuts — sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improvin…
As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
Target reported Wednesday morning that net earnings grew 22.6% in the third quarter, beating estimates, as sales rose 3% and the company got a boost from its credit card business. The company also expects fourth quarter compara…
With retailers moving out of crisis mode, they’re back to investing in new bells and whistles for their stores and websites. Such as: Apps that send coupons to your smartphone or digicams that let you post pictures of a dress y…
Last week, Macy’s and JCPenney kicked off the retail earnings season by posting better-than-expected earnings. But the news may not continue to be so good.
Continue reading Week in Preview: Abercrombie, Lowe’s …