<< Read Full Article

Retail Shares In the Red on Earnings Reports

Stock quotes in this article: WMT , SMRT , NWY , ROST , GME , ANN , HOTT  

Retailers were awash in red Thursday afternoon on the heels of a bevy of disappointing earnings reports from the sector this week.

The S&P Retail Index tumbled 3% to 312.95 led down by specialty retailers Hot Topic(HOTT Quote), New York & Company(NWY Quote)and AnnTaylor Stores(ANN Quote).

Hot Topic was downgraded today by analysts after the company said on Wednesday that it expects a bigger loss in its second quarter. The news sent shares down 17% to close at $7.29. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.65
Oil *
77.17
UP
22.75
UP
6.06
UP
21.21
DOWN
0.18
10 Yr
3.46%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
-0.52%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services