CHICAGO – Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Continue Reading Below Wheat for Dec. delivery was up 5.20 cents at $4.32 a bushel; Dec corn gained 1.40 cents 3.4960 a bushel; December oats was 2.60 cents higher at $2.7220 a bushel while […]
FOX Business News
Will your store credit card survive ‘retail apocalypse’?
Stroll your local mall and you may spot some empty storefronts where mannequins once stood draped in the latest fashions — possible casualties of what some have dubbed the “retail apocalypse.” Continue Reading Below Not everyone agrees it’s all doom and gloom for brick-and-mortar stores, but challenges certainly exist. Major […]
Report: South-central Alaska sees increase in fishing jobs
KENAI, Alaska – More people worked in commercial salmon fishing in south-central Alaska in 2016 than in 2015, according to a state report. Continue Reading Below The number of commercial fishing jobs did, however, drop by about 5 percent statewide — despite the region’s increase, the Peninsula Clarion reported Tuesday. […]
Macy’s beats 3Q profit forecast, but sales miss estimates
NEW YORK – Macy’s Inc. reported that its third-quarter earnings more than doubled as it continues to cut costs. But the department store chain reported weaker-than-expected sales as it continues to have a hard time pulling in shoppers into its doors. Continue Reading Below The report, released Thursday, underscores just […]
3 Stocks to Buy With Dividends Yielding More Than 3%
Investors who want both income and growth need to look closely at dividend stocks. The market’s overall yield of about 2% is adequate for some needs, but many investors prefer above-average dividend yields that can play a key role in generating portfolio income. Weyerhaeuser (NYSE: WY), Kimberly-Clark (NYSE: KMB), and […]
PRA Group Looks to Future Expansion Efforts
The debt collection business is in some ways countercyclical, with the need for businesses to collect unpaid debts typically growing during weak economic conditions and pulling back somewhat during good times. PRA Group (NASDAQ: PRAA) has seen the ups and downs of the economic cycle on its business, and it […]
D.R. Horton beats profit estimate, raises 2018 forecast
Nov 9 (Reuters) – The United States’ largest homebuilder D.R. Horton Inc reported a better-than-expected quarterly profit and raised it fiscal 2018 revenue and cash flow forecasts, helped by strong demand. Continue Reading Below D.R. Horton said it now expected fiscal 2018 consolidated revenue to rise about 13-19 percent, compared […]
Kohl’s posts surprise rise in comparable sales
(Reuters) – Department store operator Kohl’s Corp (KSS) reported its first increase in comparable-store sales in seven quarters, helped by higher traffic and strong back-to-school sales. Continue Reading Below Sales at stores open at least 12 months increased by a marginal 0.1 percent, compared with the 0.7 percent decline expected […]
Vatican to stop selling cigarettes
VATICAN CITY (AP) — Pope Francis is saying “Just Say No” to cigarettes. Continue Reading Below The Vatican announced Thursday that it would no longer sell cigarettes to employees in its duty free shop and supermarket — giving up an estimated 10 million euros ($11 million) a year in profits. […]
Opel, Vauxhall seek to avoid forced layoffs in turnaround
BERLIN – European automakers Opel and Vauxhall said Thursday they want to hold onto all of their current manufacturing sites and avoid forced layoffs as part of a turnaround plan under French owner PSA Group. Continue Reading Below Speaking 100 days after General Motors sold Germany-based Opel and Britain’s Vauxhall […]