There are some picks in this sector that have excellent valuations and strong earnings growth.
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Retailers are looking to bring more workers on board this winter.
As the holidays roll around, many people's Christmas wishlists are short and sweet: All they want are jobs.
Unemployment, of course, is still sitting above 8%, and countless companies -- including AMR Corp (AAMRQ), Hewlett-Packard (HPQ) and Bank of America (BAC) -- have served up some big lay-offs.
The good news is that the next few months make for the most wonderful time of the year for retailers -- and that means good news for job hunters as well.
Does the publication really expect advertisers to shun a network that serves a billion users? Does it think CEO Mark Zuckerberg and his employees are idiots?
Haven't read Barrons for eight years.
That's the meat of a Jim Cramer Tweet from over the weekend.
Cramer posted that several hours after my Saturday morning routine commenced.
At 5:45 a.m., boom, boom, boom! Saturday is the busiest day at my doorstep. In succession, the "paper boy" slams The New York Times, The Wall Street Journal and Barron's against my door. Moments later, I flick crust from the corner of my eyes, open the door, stretch, yawn, breathe in the ocean air and pick up each publication.
The front cover of Barron's says, "Facebook is worth $15," flanked by something incredibly creative from the graphics department, a thumbs-down pic.
Worries about Germany, Greece and Spain weigh on markets. S&P downgrades its outlook for the Asia-Pacific economy. Apple sells 5 million iPhone 5s over the weekend. Barron's says Facebook is worth $15 a share.
Stocks fell Monday as global economic growth concerns again took center stage. Worries over a slowdown as well as the strengthening dollar pushed commodities and oil lower, further weighing on markets.
The Dow Jones Industrial Average ($INDU) was down 24 points at 13,556. The S&P 500 ($INX) was down 5 points at 1,455. The Nasdaq Composite ($COMPX) was down 23 points at 3,157.
With no major economic reports due out Monday, stocks may be in for another choppy session as traders look to extend last week's decline.
Feel free to worry away, but remember you are concerned about a subset, not the whole market.
That tells you two things. One, lots of people are worried about transports. Two, it doesn't seem to matter that lots of people are worried about transports, even amid nonconfirmation of Dow Theory, a most important and venerable idea that you can't sustain a broader rally if transports aren't on board to confirm the broader advance.
I have learned never to look through the Dow Jones Transportation Average. Whenever it does not confirm a Dow industrials climb, I always like to take a peek to see if "this time it is different" -- which is still one more form of code. When you don't want to be critical of the current advance and justify actions by saying, "this time it is different," you tend to your head handed to you.
The country's largest retail chain is ditching Amazon's tablets, the latest sally in an ongoing battle between traditional big-box retailers and their online rivals.
Wal-Mart will continue to sell tablets from other companies, including Apple (AAPL), and did not explain why it had singled out Amazon for exclusion. Wal-Mart isn't the first retail chain to ditch the Kindle. Target (TGT) did the same thing in May, suggesting the country's largest brick-and-mortar chains are starting to view Amazon as an existential threat to their business.
Here's a guide to Wal-Mart's war against Amazon:
The company ends its 3-year partnership with Top100.cn and exits the music search business overseas.
Google (GOOG) announced Friday that it is closing its free music search service in China. The service, which was the first licensed-music search service in China, was launched in 2009 in partnership with Top100.cn.
Google's music service in China was unique in that it allowed users to legally download and share licensed music for free. Google's main competition in the music search business in China, Baidu (BIDU), has been criticized by the music industry for allowing users to link to third-party providers of unlicensed music.
In a comment on Google's Chinese language blog based in Hong Kong, senior engineering director Boon-lock Yeo wrote that "the impact of this product is not as great as we expected, so we decided to shift resources to other products."
The viral video celebrates, and perhaps satirizes, Korea's excesses, but Europe's never-ending fiscal woes have slowed the country's economic growth to a crawl.
According to media reports, Psy's lyrics (an English translation of which is here), echo the disdain many Koreans feel toward the newly wealthy. Gangnam, a neighborhood in Seoul, is a Korea's answer to Beverly Hills, thanks to a development boom that began in the 1970s. An apartment there costs about $716,000, which would take the average Korean family 18 years to earn, and households there spend four times the national average on education, according to the AP.
Fat corporate cash hoards and a potentially higher tax rate next year may add up to more one-time payments to investors in the fourth quarter.
There are three reasons why we could see a record number of special dividend payouts this year, say the analysts. First, corporate America has a ton of cash. Companies have been hiking prices and cutting expenses to the bone. They either need to spend the cash or return it to investors.
A bigger reason is that tax rates may be going up next year -- regardless of who wins the presidential election. Hundreds of billions of dollars in tax cuts are set to expire at the end of the year unless lawmakers intervene.
Long-term capital-gains rates are 15% for investors in the 25% income tax bracket or higher.
The network's stock continues to hit new highs.
In case you haven't noticed, advertising has recovered with the improving economy, invigorating the results of television networks and cable TV companies.
Little wonder that CBS -- which owns 30 television stations, 130 radio stations, and the third-largest outdoor international advertising operations -- is getting top ratings on Wall Street.
The BlackBerry maker faces a network outage on the same day Apple's iPhone 5 is released.
The few people who still own a Research In Motion (RIMM) BlackBerry -- once a must-have gadget -- may have gotten a final push away from the device Friday.
The company is facing a network outage, which has been confirmed in Europe, the Middle East and Africa so far, and comes almost exactly a year after a similar outage in 2011.
The issue is quite the opposite of what the company needed: a boost, any kind of boost. Shares were off about 5% as it is, thanks to the official release of smartphone king Apple's (AAPL) highly anticipated iPhone 5.
Stocks are higher amid optimism that Spain may be moving closer to requesting more aid.
The iPhone 5's mapping app debacle sends the latest signal that the company's perfectionist culture is eroding.
Earlier this week, in what I assume was a mild expression of frustration with the NHL lockout, Dallas Stars announcer Ralph Strangis Tweeted: Keep saying "This too shall pass . . . " and the trick to that phrase is you gotta say it when things are going well.
At the moment, I admit, it seems absurd to criticize Apple.
While Apple doesn't say which companies provide parts for its new flagship gadget, a tear-down reveals some partners.
The world's largest democracy will be a challenge for the world's largest retailer.
The attraction of India is obvious. Its population is about 1.2 billion, second only to China's. According to the U.S. State Department, the middle class could grow 10-fold by 2025. Sadly, many Indians continue to live in grinding poverty, as highlighted in the Oscar-winning film "Slumdog Millionaire." About 700 million Indians live on $2 a day or less, though conditions are improving because of the country's strong economic growth.
India's infrastructure is a mess, as evidenced by blackouts that crippled the country last month. Corruption, which is giving Wal-Mart problems in Mexico, is also a serious concern in India. As in the U.S, Wal-Mart is facing opposition from mom-and-pop shops, which worry that the retailer's famously low prices will drive them out of business. Indian retailers have staged a one-day protest against the incursion of global companies. One former politician has even threatened to burn himself if Wal-Mart opens stores in India.
Goodyear Tire is downgraded to 'hold,' and Expedia is upgraded to 'buy.'
Friday's noteworthy upgrades include:
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These hot movers could rise by double digits in coming months.
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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