Latest Multi-line retail News

The Latest: Analyst says colliding events hit Macy's

Jan. 10, 2019 12:31 PM EST

NEW YORK (AP) — The Latest on retail sales (all times local): 12:30 p.m. A prominent retail analyst says that the shift to online spending as well as the volatile stock market hurt Macy's during the holiday. Sales numbers released Thursday are sending shares of the retailer down by more than 18 percent....

Asian shares mixed amid silence on China-US trade talks

Jan. 7, 2019 11:38 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Tuesday as officials kept silent on talks in Beijing aimed at resolving trade tensions with the U.S. KEEPING SCORE: Japan's Nikkei 225 index gained 1.1 percent to 20,251.42 and the Hang Seng in Hong Kong added 0.3 percent to 25,905.82. Australia's S&P ASX 200...

Loxo Oncology, Dollar Tree and Schlumberger rise; PG&E sinks

Jan. 7, 2019 4:26 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday: Loxo Oncology Inc., up $92.78 to $232.65 Eli Lilly agreed to buy the cancer drug developer for about $8 billion. PG&E Corp., down $5.45 to $18.95 Reuters reported that the California utility might file for bankruptcy as it faces...

Markets Right Now: Retailers lead stock gains on Wall Street

Jan. 7, 2019 4:11 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks rose again following a strong report on the economy and the resumption of trade talks between the U.S. and China. The gains Monday built on a massive rally on Friday, the latest big swing over the past three...