Saturday, November 21st, 2009

Posts Tagged ‘ Macys ’

Blue Christmas for Retailers as Slumping Economy Hammers Sales

Jan 9th, 2009 | By Don Miller | Category: Financial News

Retail stores confirmed yesterday (Thursday) what most analysts had already suspected – the Grinch stole Christmas. The huge discount programs big retailers devised to bolster sales failed to attract enough consumers to save the holiday season.



Plunging Auto & Gas Sales Hurt Retail Sales in November

Dec 15th, 2008 | By Don Miller | Category: Financial News

Dragged down by plunging gasoline prices and an auto industry struggling for survival, retail sales fell by 1.8% in November for a record fifth straight month, according to the U.S. Commerce Department.



U.S. Automakers, Freddie Mac (FRE) and Foreign Exporters Next in Line for Bailout Handouts

Nov 17th, 2008 | By William Patalon III | Category: Financial News

This week is shaping up to be another active one on the bailout-and-financing front. First and foremost, Congress returns to work this week to consider a once-unthinkable proposal: Put up billions in taxpayer-backed loans so that Detroit’s “Big Three” can be saved. Expect a fight, however, as the bailout debate finally moves past banks to focus on General Motors Corp. (GM), Ford Motor Co. (F), and Chrysler Corp.



Will Retail Sales Figures Build Market Momentum?

Aug 12th, 2008 | By Christian Hill | Category: Politics & Economics

Last week, a few economic reports surprised to the positive side. And this week is potentially very important for the market, says Christian Hill in Investor’s Daily Edge. Last week saw Factory Orders more than double expectations, and the ISM Services Index wasn’t nearly as low as was expected. Add this to the Fed standing pat and there could be some momentum heading into this week. This from Christian…



Federal Reserve Policymakers Will Hold the Line on Interest Rates – At Least for Now

Aug 11th, 2008 | By William Patalon III | Category: Financial News, Politics & Economics

With oil trading near a three-month low (and corn now at a four-month low), U.S. Federal Reserve policymakers may have just the ammunition they need to hold the line on interest rates for the foreseeable future – or at least until their Sept. 16 policymaking meeting.



Talks About Inflation and Interest Rates Will Be on the Front Burner This Week as Economic Speculation Resumes

May 19th, 2008 | By William Patalon III | Category: Politics & Economics

You can bet there will be a lot of discussion about interest rates this week, thanks to the release of the producer price index (PPI) report tomorrow (Tuesday) and the U.S. Federal Reserve meeting minutes on Wednesday.