 |
 |
|
|
|
 |
|
|
 |
 |
 |
| |
|
Available Mon - Fri. |
|
Top Gainers |
|
|
|
| |
|
|
|
|
|
 |
 |
 |
|
|
 |
|
|
|
|
|
| |
|
Name |
Last |
Change |
%Change |
|
GOLD |
|
silver |
|
crude |
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
| |
|
Name |
Last |
Change |
%Change |
|
nikkei
225 |
|
ftse
100 |
|
dax |
|
tsx |
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
Banks sink on European economic worry |
|
|
| NEW YORK (Reuters) - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity re... FULL STORY |
|
|
 |
|
|
| Fitch downgrades Greece on debt swap plan |
|
|
| ATHENS (Reuters) - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make t... FULL STORY |
| |
|
|
| |
| Home resales at 1-1/2 year-high, supply falls |
|
|
| WASHINGTON (Reuters) - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost... FULL STORY |
| |
|
|
| |
| HP profit plummets, CEO urges patience |
|
|
| SAN FRANCISCO (Reuters) - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit b... FULL STORY |
| |
|
|
|
Christmas and the Economy |
| This winter holiday season, which runs from the day after Thanksgiving (known in retail as “black Friday”) through Christmas, could be the most important holiday shopping season ever for retailers. In recent years, domestic retail chains including Walmart have advertised earlier and offered deeper discounts to increase sales amid the struggling economy. As the world’s largest retailer, Walmart is reverting back into layaway after a five-year break, but will do so on a smaller scale. The decision was made after other chains received a boost by offering the service during the downturn. Walmart is also bringing back a host of items from years past such as Christmas village sets and outdoor holiday decorations—all things that it had removed from stores last year as part of an unsuccessful attempt to streamline its variety of goods. For nine straight financial quarters, sales have dropped steadily for the huge store Walmart, although a slight uptick was noted in July. The sluggishness has been blamed on the housing crisis, rising gasoline prices and other factors that contribute to more poverty and less disposable income for millions of Americans. Walmart also plans to slash toy prices on scores of its most popular toys to just $15 beginning on September 12. Toys with price cuts include Leapfrog Scribble and Write, the Disney Princess Toddler Doll, Hasbro Inc Transformers 3 Mechtech, and even some Lego sets. Those toys ordinarily sell for around $20. By extending the Rollback earlier in the season, Walmart hopes to sell more of the toys in the long run of the holiday shopping blitz. The layaway plan debuts on October 17, and has restrictions and fees that should help offset the kinds of costs and complications that influenced Walmart to halt all general merchandise layaway services after several years in 2006. "We're always looking for ways to ease budget strain for our customers, and we know this holiday season in particular brings with it additional financial pressure," said Duncan MacNaughton, chief merchandising officer for Walmart. In order to qualify for layaway, customers must spend at least $50 and each item put on the layaway plan has to be priced at or above $15. Customers taking advantage of layaway will pay a $5 fee and must put 10 percent down. They will have to complete their payments and pick up their items by December 16 in order to avoid paying a $10 cancellation fee. |
|
|
| |
|
|
| |
|
|
|
|
|
|
| |
 |
|
|
Winners and Losers in Obama's Corporate Tax Plan
Santorum Takes Heavy Fire in Arizona Republican Debate
Volcker Rule Threatens Recovery: Finance Ministers
Romney Proposes Slashing Top Tax Rate to 28 Percent
US Advisers Back Vivus Obesity Drug; Shares Soar
HP Earnings Beat Estimates, Revenue Misses
The Fall of a Multibillion-Dollar Ponzi Scheme
Consumers Are Saved From High Gas Prices ... for Now
Jim Cramer's Biggest Worry Right Now
Housing's Dilemma: When Having a Buyer Isn't Enough
Wynn Aims to Kick Okada Off Macau Board on Friday
Aimed at Banks, Volcker Rule Hits Unlikely Targets
Middle Class Getting Pushed Out of Banking: Whitney
Fitch Cuts Greece, Near-Term Default ?Highly Likely?
'Strong Doubts' on Greek Austerity: Art Cashin
|
| |
|
|
|