Retail sales fizzle. Are consumers tapped out?
The annual Macy's 4th of July fireworks show in New York City provided the usual oohs and ahhs. But the pyrotechnics were quickly replaced by a dud of a June sales report from Macy's Thursday morning....
View ArticleBest of StockTwits: Whole lotta love for Whole Foods
Talk about your organic growth! Shares of grocer Whole Foods Market (WFM) surged nearly 10% after the company reported results late Wednesday that were far better than estimates. The rally has to be...
View ArticlePizza party! Papa John's is a hot stock
Who doesn't like pizza? Whether it's hot out of the oven or cold leftovers from the fridge the morning after some late-night reveling, pizza is a go-to meal for many Americans. And that's been great...
View ArticleStaples goes splat but Target is on the mark
Investors are discerning shoppers when it comes to retail stocks. The clear winners appear to be big-box stores such as Wal-Mart and Target, while specialty outlets such as office supply chain Staples...
View ArticleUh-oh. We're saving less again
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, and Abbott Laboratories, La Monica does not own positions in any...
View ArticleWeak economy pinches Red Lobster
You can add Darden Restaurants, the owner of the Red Lobster and Olive Garden chains, to the growing list of consumer companies blaming a weak economy for a poor sales outlook. Darden (DRI) said that...
View ArticleGap stock spikes after strong sales report
Shares of Gap Inc. jumped after the apparel company reported healthy sales growth in February. Gap (GPS) stock was briefly halted after the numbers were inadvertently released ahead of schedule due to...
View ArticleInvestors grin as companies ax jobs
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any...
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