September retail sales drop 1.5 percent, biggest decline in 9 months, as auto sales plungeOctober 14th, 2009 Retail sales fall 1.5 percent in SeptemberWASHINGTON — Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. The Commerce Department says retail sales dropped 1.5 percent last month.
Medicines sets 3rd-quarter revenue outlook below Wall Street analyst forecastsOctober 6th, 2009 Medicines sets 3Q revenue outlook below forecastsPARSIPPANY, N.J. — Drugmaker Medicines Co.
Oil falls below $70 in Asia amid mixed US crude inventory dataSeptember 30th, 2009 Oil falls below $70 after surging overnightOil prices fell below $70 a barrel Thursday after surging overnight on signs U.S. gasoline demand may be improving.
Luxury retailer Tiffany's 2Q profit falls on lower sales, but beats estimates, raises guidanceAugust 28th, 2009 Tiffany 2Q profit falls, tops view, boosts outlookNEW YORK — Tiffany & Co. said Friday that its second-quarter profit fell but beat analyst expectations as its steep sales declines moderated, providing a sparkle of hope amid the moribund luxury market.
Stocks open slightly higher after retail sales, weekly unemployment reports, Wal-Mart earningsAugust 13th, 2009 Stocks creep higher after jobs, retail dataNEW YORK — Stocks are pushing moderately higher after a better-than-expected earnings report from Wal-Mart helped to offset disappointing data on jobs and retail sales. Investors are hesitantly adding to Wednesday' big gains, which came after upbeat comments from the Federal Reserve.
Stocks decline modestly in early trading on mixed earnings; investors grow cautiousJuly 28th, 2009 Stocks fall modestly in early tradingNEW YORK — Stocks are falling modestly in early trading despite a better-than-expected report on retail sales. The U.S. market has risen sharply throughout the spring and summer on hopes of a recovery.
Survey: Most UK retailers say sales are falling this monthJuly 28th, 2009 UK retailers say sales dropping in JulyLONDON — Most U.K. retailers say that sales are declining in July, though grocery and shoe stores are bucking the trend with rising volumes, the Confederation of British Industry said Tuesday.
Gas futures jump 4 percent and oil rises above $67 as Dow ralliesJuly 23rd, 2009 Gas futures jump 4 percent amid Dow rallyNEW YORK — Gasoline futures jumped Thursday even though U.S. fuel supplies have been building for six straight weeks, with consumers and businesses cutting back on spending.
Wall Street falls in morning trading amid weaker-than-expected retail sales reportMay 13th, 2009 Wall Street declines on weak retail salesNEW YORK — Wall Street fell sharply in early trading Wednesday after the government reported weaker-than-expected retail sales in April. The market has put a two-month rally on hold amid concern that an economic recovery won't come as fast as once hoped.
Wall Street falls in midday trading amid weaker-than-expected retail sales reportMay 13th, 2009 Weak retail sales send stocks lower; Dow off 200NEW YORK — Wall Street fell sharply Wednesday after the government reported weaker-than-expected retail sales in April. The Dow Jones industrial average fell more than 2 percent.
Wall Street falls in midday trading amid weaker-than-expected retail sales reportMay 13th, 2009 Weak retail sales send stocks lower; Dow off 160NEW YORK — Wall Street fell sharply Wednesday after the government reported weaker-than-expected retail sales in April. The market has put a two-month rally on hold amid concern that an economic recovery won't come as fast as hoped.
Wall Street falls in morning trading amid weaker-than-expected retail sales reportMay 13th, 2009 Weak retail sales send stocks lower; Dow off 140NEW YORK — Wall Street fell sharply Wednesday after the government reported weaker-than-expected retail sales in April. The market has put a two-month rally on hold amid concern that an economic recovery won't come as fast as hoped.
Wall Street falls in early trading amid weaker-than-expected retail sales reportMay 13th, 2009 Wall Street opens lower on weak retail salesNEW YORK — Wall Street fell sharply in early trading Wednesday after the government reported weaker-than-expected retail sales in April. The market has put a two-month rally on hold amid concern that an economic recovery won't come as fast as once hoped.
CVS Caremark's 1st-quarter profit falls on higher costs, acquisition chargesMay 5th, 2009 CVS Caremark profit falls on costs, chargesNEW YORK — CVS Caremark Corp. said Tuesday that charges and higher costs outweighed a boost in the drugstore operator's pharmacy sales, pushing first-quarter profit down slightly.
Wall Street gains on MasterCard, retail salesFebruary 5th, 2009 NEW YORK - Stocks rose on Wall Street Thursday as MasterCard exceeded earnings estimates and several major retailers said sales were better than expected last month. MasterCard rose 14 percent, or $19.69, to $159.84 per share in trading after it said earlier in the day it had lost less than expected in the last quarter.