Highlights
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Coral Springs chef Kenny Tang opening his own restaurant in Coral Springs
When Barack Obama stayed at The Biltmore Hotel in Coral Gables during a campaign stop last year, Kenny Tang got the call. The luxurious hotel wanted the caterer to make Thai scallop spring rolls — among other treats — for the president and...Tags: George W. Bush, Dining and Drinking, Chinese Restaurants, Dick's Sporting Goods Incorporated, Coral Gables
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U.S. RESEARCH ROUNDUP: Visa, Wal-Mart, Biogen Idec, Walt Disney
ReutersMay 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Macy's and Biogen Idec on Friday. HIGHLIGHTS * Aruba Networks : FBN, JP Morgan, Needham, Wedbush, Wells Fargo cut rating *...Tags: Air Products and Chemicals, Inc., Global Hunter Corporation, Cosi Incorporated, Cisco Systems Inc., Marketing
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Lower income shoppers still feeling pinched, U.S. retailers say
ReutersNEW YORK/CHICAGO (Reuters) - Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy's Inc to Wal-Mart Stores Inc. Wal-Mart reported...Tags: Corporate Officers, Groceries, Hardware, Neiman Marcus, Tools and Hardware
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Wal-Mart U.S. sales weak; outlook below analysts' forecast
Reuters(Reuters) - Wal-Mart Stores Inc posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street's forecast. Everything from pressure on shoppers to a cool start to...Tags: Bribery, Earnings Forecasts, Internal Revenue Service, E-Commerce Industry, Quarterly or Semiannual Financial Statements
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West Boca woman nabbed after being accused of stealing vacuum cleaners
Deputies bagged a West Boca woman after they say she tried to clean up by stealing a trio of high end vacuums and pawning them off. Palm Beach County Sheriff's Office deputies say Alicia Helene Anderson, 22, walked into Kohl's in Coconut Creek on Dec. 17...Tags: Police Arrests, Theft, Pawnbrokers, Coconut Creek, Broward County Sheriff's Office
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Kohl's expects sales to pick up
Reuters(Reuters) - Kohl's Corp said on Thursday it expects sales to rebound in the current quarter after bad weather in early spring hurt business at the department store chain. The retailer also reported a better-than-expected first-quarter profit, helped by...Tags: Auto Trends, Earnings Forecasts, Weather, Edward Jones, Stock Market
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Penney CEO says company needs time to climb out of 'abyss'
Reuters(Reuters) - J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer. Penney reported another steep...Tags: Corporate Officers, Companies and Corporations, Ron Johnson, Thomson Corporation, Goldman Sachs Group, Inc.
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U.S. RESEARCH ROUNDUP: Amazon.com, eBay, Cisco, Facebook, Medtronic
ReutersMay 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Cisco and Facebook, on Thursday. HIGHLIGHTS * Amazon.com Inc : Lazard starts with buy rating; price target $310 * EBay Inc...Tags: Forrester Research Incorporated, PrivateBancorp Incorporated, Computer Sciences Corporation, Cisco Systems Inc., Crane Company
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Kohl's first-quarter profit falls 5 percent
ReutersMay 16 (Reuters) - Department store chain Kohl's Corp reported a 5 percent drop in first-quarter profit after sales fell due to unusually cold weather in large parts of the United States. Comparable-store sales fell 1.9 percent. Kohl's, which caters... -
CANADA STOCKS-TSX may open lower on weak euro zone data
ReutersMay 16 (Reuters) - Canada's main stock index looked set to open lower as weak euro zone consumer inflation figures overshadowed positive data that showed Japan's economy grew faster than expected. TOP STORIES * Japan's economy expanded at a rapid clip...Tags: Federal Reserve, Consumers, Thomson Corporation, Central Bank, Land Price
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BRIEF-Kohl's CEO says "probably a lot of pent-up demand" after bad weather
ReutersMay 16 (Reuters) - Kohl's Corp : * CEO says on track to replace e-Commerce platform in Q2 * * Says e-commerce sales up was up slightly more than 30 percent -
US stock futures bounce around on mixed signals from retailers, homebuilders and employers
NEW YORK (AP) — U.S. stock futures fluctuated Thursday on a bevy of economic data that sent mixed signals about hiring, construction, jobs and the mindset of the American consumer. Dow Jones industrial futures slipped 6 points to 15,229. The...Tags: Unemployment Benefits, Consumers, Earnings Forecasts, Nordstrom, Walmart
May 21, 2013
|Story| South Florida Sun-Sentinel
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|Story| Reuters
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|Story| AP Broadcast
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