Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss stocks still bouncing back after the sharp selloff last week. Retail earnings and Retail Sales data itself support a higher revision to US GDP onRead More »
JACKSONVILLE, Fla. (AP) _ Stein Mart Inc. (SMRT) on Wednesday reported a fiscal second-quarter loss of $13 million, after reporting a profit in the same period a year earlier. The Jacksonville, Florida-based company
Stocks opened on the advance Wednesday, despite some weak early housing data, as the Nasdaq and S&P 500 looked to revive their rebounds stalled on Tuesday. XAutoplay: On | Off The Nasdaq Composite and the S&P 500perked up 0.3% at the starting bell. The Dow Jones industrial average added 0.2% above fair value. Housing starts and building permits fell off sharply in July, the Commerce Department reported, with starts slipping to an annualized rate of 1.155 million in the normally busy summer season, down from a rate of 1.215 million in June and disappointing forecasts for an increase to 1.225 million. Building permit activity slowed to an annualized rate of 1.223 million, vs. June's 1.254 million
According to the National Restaurant Association, 2017 is set to be the eighth consecutive year of real sales growth in the restaurant industry. Various Sales Building Strategies: In order to navigate a challenging sales environment, restaurant operators are continually striving to innovate on the menu front to cater to the ever-changing palates of customers and entice them once again. Some of the notable restaurateurs playing this card are Chipotle Mexican Grill, Inc. (CMG), Buffalo Wild Wings Inc. (BWLD), The Wendy's Company (WEN) and Jack in the Box Inc. (JACK).