Apparel retailer Guess? Inc. (GES) on Tuesday reported a drop in profit for the third quarter, as revenues declined 12 percent. Earnings for the quarter trumped Wall Street estimates, while revenues were in line with expectations.
Guess' third-quarter profit dropped to $12.4 million or $0.15 per share...
Shares of Hewlett-Packard Co. (HPQ) slipped a near 6 percent in extended session on Tuesday after the computer and printer maker reported a fourth-quarter profit and revenues that fell short of Wall Street estimates, hurt largely by continued weak demand for PC.
It is for the last time HP is releasing...
After coming under pressure in early trading, stocks staged a notable recovery over the course of the trading session on Tuesday. The major averages climbed well off their early lows to end the session slightly higher.
On the heels of the deadly terrorist attacks in Paris earlier this month, President Barack Obama declared Tuesday the U.S. stands in "total solidarity" with France. Obama said the world cannot succumb to the scourge of terrorism and pledge to step up efforts to combat the militant group known as ISIS.
After coming under pressure in early trading, stocks have staged a notable recovery attempt over the course of the trading session on Tuesday. The major averages have climbed well off their worst levels of the day, with the Dow reaching positive territory.
Texas Senator Ted Cruz, R-Tex., has seen a sharp jump in support in the first-in-the-nation caucus state of Iowa, according to the results of a new Quinnipiac University poll. The survey found that 23 percent of likely Iowa Republican caucus participants support Cruz.
Stocks have come under pressure in early trading on Tuesday, adding to the modest losses posted in the previous session. The major averages have slid firmly into negative territory, further offsetting the strength seen last week.
Consumer confidence in the U.S. has unexpectedly seen a substantial deterioration in the month of November, the Conference Board revealed in a report on Tuesday. The Conference Board said its consumer confidence index tumbled to 90.4 in November from an upwardly revised 99.1 in October.
Just as shoppers in the U.S. gear up for the holiday season, a cyber threat intelligence agency has warned that a sophisticated point-of-sale malware at a checkout terminal could become a major threat to retailers and shoppers. Holiday sales are expected to constitute nearly one fifth of the retail industry's annual sales of $3.2 trillion. Usually, online retailers offer big deals on Black Friday,
Due to fuel tank issues, Ford has recalled 451,865 vehicles of 2010 and 2011 in North America. The models include Ford Fusions and Mercury Milan.
The company said the recalled models have a defective canister purge valve that results in a change in tank pressure. The variant pressure may result in...
Home prices in major U.S. metropolitan areas rose by more than expected in the month of September, according to a report released by Standard & Poor's on Tuesday.
Women are more likely to get more attracted to men who make them laugh, a research found. Jeffrey Hall, an associate professor of Communication Studies at the University of Kansas, found in his study that humor is a key factor in human sexual selection. The research found that when two strangers meet, the more times a man tries to be funny and a woman laughs, the more likely she is to be interes
Economic activity in the U.S. increased by more than previously estimated in the third quarter, according to a report released by the Commerce Department on Tuesday. The report said real gross domestic product climbed by 2.1 percent in the third quarter.
After ending the previous session modestly lower, stocks may see some further downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 112 points.
German business confidence unexpectedly rose in November to its highest level since the middle of last year, offering more evidence that the biggest euro area economy continues to remain unscathed by events such as the Volkswagen pollution cheating scandal and the Paris terrorist attacks. The Ifo business confidence index rose to 109 from 108.2 in October, marking its best reading since June 2014.