Tech leads S&P above 2,600; Amazon, other retail stocks gain
(Reuters) – Technology stocks led the S&P 500 and Nasdaq to record closing highs on Friday, with the S&P ending above 2,600 points for the first time, while Amazon and retail stocks got a boost from signs of a strong start to the holiday shopping season.
Uber to disclose price on SoftBank deal early next week: sources
SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc [UBER.UL] plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early next week in formal tender offers to the…
U.S. shoppers browse stores, buy online as Black Friday deals beckon
CHICAGO/NEW YORK (Reuters) – U.S. stores offered deep discounts, entertainment and free gifts to draw bargain hunters on Black Friday, the traditional start of the holiday shopping season, but some shoppers said they were just eyeing goods, reserving t…
Holiday cheer boosts Amazon, Macy’s and other retail stocks
SAN FRANCISCO (Reuters) – Shares of Amazon.com Inc , Macy’s Inc , Kohl’s Corp and other U.S. retailers rose on Friday on early signs that consumers are on track to spend more this holiday shopping season than in previous years.
Tech leads Wall Street higher, Amazon and retail stocks gain
(Reuters) – Technology stocks led the S&P 500 and Nasdaq to record high closes on Black Friday, while Amazon and retail stocks got a boost from signs of a strong start to the holiday shopping season.
Shoppers browse stores, buy online as Black Friday deals beckon
CHICAGO/NEW YORK (Reuters) – U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, r…
Online sales? Maybe one day, says Chanel
PARIS (Reuters) – France’s Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday, making it one of the fashion world’s last hold-outs as rivals experiment with websites to win over new clie…
Holiday cheer boosts Macy’s and other retail stocks
SAN FRANCISCO (Reuters) – Shares of Macy’s Inc , Kohls Corp and other U.S. retailers rose on Friday following early signs that consumers may spend more at their stores this holiday shopping season than in previous years.
SandRidge shares surge as Icahn opposes Bonanza bid
(Reuters) – Shares of SandRidge Energy jumped 14.2 percent on Friday, after activist investor Carl Icahn disclosed a big stake in the oil and gas producer and said he would oppose its $746 million bid for rival Bonanza Creek Energy.
New Nissan engine bids to extend life for internal combustion
BEIJING (Reuters) – Nissan Motor Co, an early mover in the electric vehicle market, will use the Los Angeles auto show next week to send a message about gasoline-fueled engines: They’re not dead yet.
