-
Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
-
#PreMarket Primer: Thursday, June 19: US Stocks Soar As Fed Recommits To Accommodative Policy
Thursday, June 19, 2014 - 7:25am | 1272US stocks rose to new highs on Wednesday after the US Federal Reserve recommitted to an accommodative monetary policy and raised its outlook for the nation's economy. Following a two day policy meeting, Fed Chair Janet Yellen announced that the bank saw short-term interest rates improving...
-
Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
-
Market Wrap For March 25: Markets Snap Two-Day Losing Steak On Confidence Data
Tuesday, March 25, 2014 - 4:24pm | 1840U.S. stocks rebounded from a two-day losing streak as investors found plenty of positives in consumer confidence data which hit a six-year high in March. According to the Fed's Philadelphia chief Charles Plosser the Fed sees its bond purchasing program ending in October or November with rate...
-
Companies That Blame The Weather For Earnings Misses
Friday, February 28, 2014 - 5:59pm | 173Coca-Cola (NYSE: KO) is so much more refreshing on a sunny day, wouldn't you say? La-Z-Boy (NYSE: LZB) chairs are more comfortable when the sky is clear, are they not? And when the temperature rises, consumers can't resist shopping at Target (NYSE: TGT). That is more or less the claim of...
-
Market Wrap For February 21: Markets End The Week On A Negative Note
Friday, February 21, 2014 - 5:48pm | 2876U.S. stocks finished the week slightly lower as investors gave today's poor housing data a slack, and blame it on the weather. “Investors are willing to cut the market some slack because of the weather; I'm keeping my fingers crossed that the economy heats up as the weather warms up,” Jack...
-
Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...
-
Today's Groupon: $25 For $50 Worth Of American Apparel Clothes And Accessories (APP)
Thursday, November 18, 2010 - 2:45pm | 106Groupon is offering consumers the chance to get $50 worth of clothes and/or accessories at American Apparel (APP) for $25. The deal, which expires Feb 19, 2011, is limited to one per person – but you can buy another as a gift. Note that this is not valid on Multi-Packs, California Select Vintage,...
-
American Apparel Shares Plunge On Going Concern Issues (APP)
Tuesday, August 17, 2010 - 3:06pm | 108Shares of American Apparel (AMEX: APP) saw heavy downside pressure off the open today, only to trade lower into the afternoon session. Shares are currently trading down 30 cents at $1.09. Today at about 1pm the company released a PR stating the company had "substantial doubt about its ability...