CPKI
| 1:00PM 4/09/2009
Wal-Mart Stores Inc. (WMT) may have gotten hit by the Easter bunny (it is blaming today's weak sales report on a late Easter holiday), but it expects to rebound in April. Other retailers posted decent results today, indicating that depressed consumers are getting a bit more cheerful.
Wal-Mart's...
| 9:00AM 4/09/2009
The consumer may be starting to make a really slow comeback.
Shares of teen retailer Hot Topic Inc. (HOTT) were surging in pre-market trading after it forecast a first quarter profit of 1 to 2 cents per share, an improvement over its prior outlook for a 1-cent loss to a 1-cent profit. Strong sales...
| 7:40AM 4/09/2009
Investors are expecting Wall Street to continue its recent winning ways.
Stocks are poised to open higher as investors await March retail sales data and the weekly unemployment report. Markets in Europe and Asia were higher.
Retail sales, though weak, may not be as bad as investors had feared....