video Finance Videos
Trading at Noon: Weak retail sales; Carlyle debuts
Thursday, May 03, 2012 - 04:01
May 3 - Thomson Reuters Retail Analyst Jharonne Martis highlights the winners and losers in April's same-store sales.
▲ Hide Transcript
▶ View Transcript
It's. Looks like malls were a little and here in March and April with Americans holding onto their hard earned cash. Thomson Reuters data shows that retailers posted a 2.5 percent gain in same store sales. For the two month period. A sharp drop from what -- point 4% growth seen in the same period. Last year joining us this morning is Thomson Reuters retail analyst your own artists out blacks having that much for -- residents some winners who really. Sluggish slow chopper went to Nordstrom while the rest went to TJ Maxx and Ross Stores and as a result both of them increased earnings guidance. We also sell us strain from Limited Brands brands tends to its Victoria's Secret division. Just in time for some art collection but what about losing to any -- you when you look at it and drop like that. Well and the department stores I was up holes and Bon-Ton -- -- same store sales for some time right now due to their stock offerings. And the -- can be sad or wet seal who posted the weakest result any wrong. I gotta be some surprise and you that's something usually anyone who loved me isn't target missed expectations after let alone a strong streak of smash and expectations. On the flip side to -- came on top but according to -- -- they're very likely to be first quarter estimates and was positive surprise you still never. And I'm sure you have on the west. -- I can't answer and they keystone. -- US stocks are falling today after data on the US services sector came in. Weaker than expected employment index was in the ISM services report dropped to a four month low in April. Pushing -- 1%. Higher OPEC production weighing on oil prices you trees down about two bucks gold prices are falling after US jobless claims tumbled. And treasuries are little changed on the mixed economic news on them. Now for stocks to watch let's go to Reuters correspondent Rodrigo Campos. On the markets. Green mountain coffee rose to shares -- up 40% today after the company's sales estimates for the second time in three quarters. And this is making have a management those credibility among Wall Street analysts according to a couple of notes. The stock is down 75%. Since October when hedge fund manager David Einhorn would short the stock criticize some accounting practices and company. Yeah -- it's not great since single serving coffee is facing strong competition from that slate and start. IShares -- bank financial right now are up more than 5% after its debut on the NYSE today. That's Florida based bank which is backed by PE firms priced at -- yesterday ten bucks a share. Below its revised price range. -- had gone out below your price range it's a good thing Carlyle group did. It had been talking about 2325 dollars it's started trading on the NASDAQ a little over an hour ago. And it's barely above its offering price of 22 dollars right now he have Jonathan marina says. That might wanna wait. We're getting into the. I think that's a pretty good time to be holding off when you factor in the IPO performance of competitors like Blackstone KKR and most recently oak tree. All of them have not only performed into the river have also -- four major benchmarks. Breaking views as Carlyle underwhelming six point seven billion dollar value. Shows carried interest isn't Heisman markets the way it is my co-founder David Rubenstein. And his partners. Learning season is winding down -- 70% of S&P 500 companies have reported earnings for the first quarter. And 60% have beaten estimates. GM spent half profit forecast this morning but posted a grim outlook for the next few quarters Sara Lee missed estimates and lowered its full year outlook. And shares of -- that are taken a nosedive after the insurer cut its forecast. Investors now looking ahead craft is an AIG which reports after the bell -- in modern comes out tomorrow. That's up trading him I'm John -- this is Bryant's.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Trading at Noon: Weak retail sales; Carlyle debuts
Thursday, May 03, 2012 - 04:01
Top News »
6:36pm GMT - (2:16)
1:42pm GMT - (1:09)
Sun, 17 Feb, 2019 - (2:04)
Sun, 17 Feb, 2019 - (2:04)
Sat, 16 Feb, 2019 - (1:19)
Sun, 17 Feb, 2019 - (1:12)
Sat, 16 Feb, 2019 - (1:12)
Sat, 16 Feb, 2019 - (0:55)
Sat, 16 Feb, 2019 - (1:09)
Fri, 15 Feb, 2019 - (1:03)
Editors' Picks »
7:35am GMT - (1:52)
Fri, 15 Feb, 2019 - (1:55)
Thu, 14 Feb, 2019 - (2:50)
Thu, 14 Feb, 2019 - (2:00)
Thu, 14 Feb, 2019 - (1:24)
Thu, 14 Feb, 2019 - (1:58)
Thu, 14 Feb, 2019 - (1:15)
Wed, 13 Feb, 2019 - (1:40)
Wed, 13 Feb, 2019 - (1:40)
Tue, 12 Feb, 2019 - (1:48)
Business »
4:13pm GMT - (1:37)
Fri, 15 Feb, 2019 - (2:04)
Fri, 15 Feb, 2019 - (1:06)
Fri, 15 Feb, 2019 - (6:42)
Fri, 15 Feb, 2019 - (1:56)
Fri, 15 Feb, 2019 - (1:43)
Fri, 15 Feb, 2019 - (1:48)
Fri, 15 Feb, 2019 - (4:04)
Featured Videos
Spectacular World Cup of Snowkiting gets going in Italy
Snowkiters race across a frozen lake in Italy on either skis or snowboards to compete in the Snowkite World Cup
Living dangerously, one foot at a time, in 'Free Solo'
Climber Alex Honnold's death-defying ascent of El Capitan in California's Yosemite National Park is taking him to the Oscars, where a film about his feat will compete for the movie world's highest honour
The elusive black panther is spotted in Kenya
Images of a rare African black leopard - known as panthers - have been captured in Kenya, the first verifiable record of the animal for nearly 100 years
Meghan being harassed just like Diana - George Clooney
The media are harassing Meghan Markle just as they did Princess Diana, who was killed in a car crash while being pursued by paparazzi, her friend George Clooney says
Palm oil's PR battle turns to satellite imagery
Companies including Nestle, Unilever, and Ferrero are increasing the use of satellite imagery programs to monitor their palm oil supply chains. Critics say it may boost a corporation's green credentials, but does little to stop mass deforestation
Technology »
1:14pm GMT - (1:34)
11:40am GMT - (1:22)
Fri, 15 Feb, 2019 - (1:20)
Fri, 15 Feb, 2019 - (1:13)
Tue, 12 Feb, 2019 - (1:22)
Tue, 12 Feb, 2019 - (1:39)
Mon, 11 Feb, 2019 - (1:32)
Fri, 08 Feb, 2019 - (2:05)
Thu, 07 Feb, 2019 - (1:38)
Wed, 06 Feb, 2019 - (1:27)
Entertainment »
6:58am GMT - (1:50)
4:41am GMT - (1:49)
1:11am GMT - (2:23)
Sun, 17 Feb, 2019 - (2:08)
Sun, 17 Feb, 2019 - (2:09)
Sun, 17 Feb, 2019 - (1:05)
Sun, 17 Feb, 2019 - (1:02)
Sun, 17 Feb, 2019 - (1:45)
Sun, 17 Feb, 2019 - (0:45)
Sat, 16 Feb, 2019 - (0:56)
Sat, 16 Feb, 2019 - (1:12)
Sports And Leisure »
7:39am GMT - (1:50)
7:38am GMT - (1:40)
7:38am GMT - (1:29)
7:37am GMT - (0:54)
Thu, 14 Feb, 2019 - (1:27)
Thu, 14 Feb, 2019 - (0:45)
Thu, 14 Feb, 2019 - (1:01)
Wed, 13 Feb, 2019 - (1:32)
Wed, 13 Feb, 2019 - (1:00)
Wed, 13 Feb, 2019 - (0:50)
Oddly Enough »
Sun, 17 Feb, 2019 - (0:50)
Fri, 15 Feb, 2019 - (0:42)
Fri, 15 Feb, 2019 - (1:36)
Thu, 14 Feb, 2019 - (1:01)
Thu, 14 Feb, 2019 - (0:59)
Thu, 14 Feb, 2019 - (1:34)
Thu, 14 Feb, 2019 - (1:26)
Wed, 13 Feb, 2019 - (0:49)
Tue, 12 Feb, 2019 - (0:40)