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23 Jun 2010 - 24 Apr 2021
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Gold1,719.10+1.10%
EUR : USD1.3826-0.5882%
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Dow11,755.70+0.42%
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Retail News
Marks & Spencer Falls Out of Fashion With Britain’s Big Spenders: Retail
British grandmothers may still be buying underwear and sweaters at Marks & Spencer Group Plc. Their daughters are spending their money elsewhere.
Amazon’s Apple War Costs Investors $20B
Amazon.com Inc.’s escalating pursuit of Apple Inc. squeezed its profit forecast for this quarter, prompting investors to erase as much as $11 billion from the company’s market value.
Groupon Wants IPO at 5X Sales, Above Microsoft
Groupon Inc. is seeking a valuation of about 5 times projected 2012 sales in its initial public offering, people familiar with the plans said, making it more expensive than Amazon.com Inc. and Microsoft Corp.
China’s Taste for Wine Is Fueling a Revival of Australian Vineyard Prices
Ferngrove winery, which grows Shiraz, Cabernet Sauvignon and Semillon grapes in Western Australia’s Frankland River, last year faced declining sales and the prospect of breakup if business didn’t recover.
More Retail News
Nokia Mixes Maps on Apps in Bid to Differentiate Windows Phone   
Nokia Mixes Maps on Apps in Bid to Differentiate Windows Phone 
Heineken Revenue Beats Estimates 
China Boom-to-Bust Concerns Revealed in Agricultural Bank Slide Since IPO   
Uranium Deals Prove Most Lucrative as Nuclear Demand Increases: Real M&A;  
Whitney Tilson, Former Netflix Bear, Buying Company’s Shares After Plunge  
U.S. Consumer Confidence Drops to 2-Year Low   
Apple Effort to Develop TV Is Said to Be Led by ITunes Creator Jeff Robbin   
Hutchison Whampoa Said to Be in Talks to Buy Orange Austria  
Wal-Mart Reviewing Management at China Stores After Pork Probe  
Wal-Mart Resumes Chongqing Store Operations After Pork Probe  
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Consumer Discretionary ETFs
RETAIL HOLDRS TR108.51-2.26-2.04%
SPDR-CONS DISCRE38.59-0.44-1.13%
SPDR S&P; RETAIL51.92-0.50-0.95%
ISHARES-DJ CN SR69.77-0.42-0.60%
VANGUARD CN DI E62.09-0.40-0.64%
Consumer Staples ETFs
SPDR-CONS STAPLE30.89+0.01+0.03%
VANGUARD CN ST E78.69-0.18-0.23%
ISHARES-DJ CN GD66.85-0.05-0.08%
ISHARES S&P; CONS65.12-0.09-0.14%
POWERSH-FOOD&BEV;18.52-0.04-0.22%
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