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Tech Stocks Underperform Following Apple's Flash Crash, Holiday Retail Sales Disappoint
Monday, December 1, 2014 - 5:38pm | 880Read More...U.S. stocks were mostly lower on Monday, as the holiday shopping season may have disappointed some. The National Retail Federation reported that spending over the four-day Thanksgiving weekend declined 11 percent to $50.9 billion. However, ComScore estimated e-commerce spending rose 32...
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Cantor Fitzgerald: Online Sales Off To 'Solid Start,' Amazon And eBay 'Big Beneficiaries'
Monday, December 1, 2014 - 11:17am | 260Read More...Youssef Squali of Cantor Fitzgerald commented in a note on Monday that several data points he observed over the weekend indicate a healthy trend for e-commerce, which if sustained, could imply upside to Street expectations. According to Squali, a few notable events occurred over the holiday...
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Wedbush: GoPro A Key Black Friday Item, Best Buy May See Margin Compression
Monday, December 1, 2014 - 9:12am | 370Read More...As Cyber Monday begins, many investors are anxiously awaiting results from retailers' Black Friday performance. Wedbush's Michael Pachter updated investors in a note on Sunday to mixed findings. Best Buy: Price Points Lower, Margin Compression Likely According to Pachter, Best Buy...
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Wal-Mart Grades Its Thursday Shopping Event As 'Awesome'
Friday, November 28, 2014 - 9:05am | 175Read More...The holiday shopping season officially began on Thursday with many retailers enticing customers with exclusive deals and door busters. Wal-Mart Stores, Inc. (NYSE: WMT) self-proclaimed on Friday that it performed "awesome." "Last night was awesome!," Wal-Mart's Senior Vice President of...
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Apple Vs. Amazon: How Do The Stocks Compare During The Holidays?
Friday, November 28, 2014 - 8:47am | 352Read More...It's no secret that holiday season works wonders for consumer product companies and retailers. But what about the stocks of these companies? CNBC’s Dominic Chu recently discussed the historical performance of Apple Inc. (NASDAQ: AAPL) & Amazon.com, Inc.'s (NASDAQ: AMZN) ...
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Holiday Retail Sales Rose 3.5 Percent On Children's Apparel & Jewelry
Friday, December 27, 2013 - 12:05pm | 729Read More...Overall U.S. retail sales were up 3.5 percent during the 2013 holiday shopping season, according to MasterCard Advisors SpendingPulse. Big sellers this year were children’s clothing and jewelry. Figures released Friday indicated that sales of clothing, electronics, and luxury goods rose 2.3...
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Electronics Retailers Score from Sales on Thanksgiving Day
Thursday, December 5, 2013 - 4:27pm | 437Read More...Yes, Black Friday retail sales were a bit of a disappointment. What wasn't clear is how much the Thanksgiving Day sales took sales away from Friday, especially at electronics stores. But on Wednesday this week, MasterCard Advisors' SpendingPulse reported electronics sales on Thanksgiving Day...
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Market Wrap For December 3: Markets Finish In The Red For Third Straight Day
Tuesday, December 3, 2013 - 5:49pm | 1989Read More...Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...
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Cyber Monday Was Record-Setting, Amazon & eBay Reign Supreme
Tuesday, December 3, 2013 - 10:29am | 465Read More...Reports vary depending on who you ask but by most accounts, Black Friday was strong. Shoppers spent about $1.2 billion on Black Friday alone representing a 15 percent year over year increase from 2012, according to comScore but did Cyber Monday retailers see the same kind of interest?...
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Will Cyber Monday Save the Holiday Season for Retailers?
Monday, December 2, 2013 - 1:10pm | 595Read More...Black Friday may be deeply ingrained in the American shopping psyche, but Black Friday sales this year were relatively weak according to The National Retail Federation. NRF said compared with last year, consumers spent about four percent less over the holiday weekend this year – despite the...
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Amazon's Jeff Bezos: Drone Delivery is Coming
Monday, December 2, 2013 - 10:28am | 565Read More...CEO Jeff Bezos called them “Octocopters,” but in reality Amazon's (NASDAQ: AMZN) future delivery vehicles are drones. In 4-5 years, Bezos told CBS, under the moniker Amazon “Prime Air,” Octocopter drones will deliver packages weighing five pounds or less direct to your doorstep in about 30...
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Cyber Monday's Hottest Tech Deals: iPod Touch, PlayStation 4 Bundle, Samsung TV And More
Saturday, November 30, 2013 - 10:17am | 601Read More...Cyber Monday officially kicks off at 12:01 a.m. Monday, December 2. While most Americans will use that time to sleep off their turkey coma (an inevitable side-effect of overeating all weekend), some will stay up until the wee hours of the morning, searching for deals. What will these brave...
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Apps That Will Save You Time and Money Through The Black Friday Weekend
Friday, November 29, 2013 - 8:49am | 746Read More...Increased smartphone usage is causing a rise in “showrooming” among consumers, a practice in which shoppers examine and test out products at the traditional retailers, but later purchase the item online at a lower price. Popular retailers are aiming to maintain their sales by matching the...
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Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904Read More...The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
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Cyber Monday is the New Black Friday
Friday, November 15, 2013 - 12:21pm | 484Read More...With the holiday season fast approaching, many consumers are looking towards Black Friday on November 29 and Cyber Monday on December 1 to snag the best deals. While Black Friday has generally been considered the biggest shopping day of the year in the United States, the sales have been...













