Retail stocks wobble as holiday sales miss expectations
Investors pull back after weaker holiday data show sales rose just 0.7 percent from last year the softest since 2008. Analysts cite fiscal cliff fears and events like Superstorm Sandy as drag factors while some see a rebound once tax policy is settled and consumer sentiment steadies.
MENTIONED IN THIS ARTICLE
Washington
David Kelly
JP Morgan Funds
Rasmussen Consumer Index
Kelly
Rasmussen
Northeast
mid-Atlantic
Newtown
MasterCard Advisors
The
National Retail Federation
Macy's
Target
Brian Sozzi
NBG Productions
Sozzi
Aeropostale
Bush in Houston ICU as health improves
Former President George H W Bush remained in intensive care at Methodist Hospital in Houston on Friday with his condition improving. Spokesman Jim McGrath said the 88 year old is alert and in good spirits, with interactions with medical staff including singing. The family remains cautiously optimistic about the treatment, while aide Jean Becker noted his age and bronchitis led to complications and a longer hospital stay.
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Houston
George H.W. Bush
Jim McGrath
Bush
Methodist Hospital
McGrath
Jean Becker
Becker
Thief steals tools from Nat's Guard at Roswell Armory
Police report a break in at the Roswell Armory on 1 W Earl Cummings Loop where suspects entered by cutting fences and locks. They stole three tool carriers eight tool boxes Snap-on tools a TIG welder and a fire extinguisher. No total loss yet.
MENTIONED IN THIS ARTICLE
National Guard
Roswell Armory
W. Earl Cummings Loop
New Mexico to Launch Integrated Unemployment System
New Mexico will take its unemployment insurance system offline next week to switch to a new integrated tax and claims platform. The Jan 6 launch will allow online benefit applications and electronic wage reports, aiming to curb fraud and end most mail use. Employers can file taxes and monitor accounts electronically.
MENTIONED IN THIS ARTICLE
Santa FE
New Mexico
U.S. Rig Count Falls to 1,763, Baker Hughes Reports
Baker Hughes says the U S rig count declined by 11 this week to 1,763 with 1,327 oil rigs and 431 gas rigs. Alaska and West Virginia each gained one rig, while Texas fell by eight, and California and Louisiana dropped two. other states unchanged.
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Houston
Baker Hughes Inc
U.S
Baker Hughes
Alaska
West Virginia
Texas
California
Louisiana
Arkansas
Colorado
New Mexico
North Dakota
Oklahoma
Pennsylvania
Wyoming
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