Shopping.com Shares Up 52 Pct in Debut
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Shares of Shopping.com  jumped as much as 52 percent in their market debut on Tuesday after the company's initial public offering priced at the top of its expected range.
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Stocks rose on Monday, after Merrill Lynch  said it was getting a big foreign investment and with investors eyeing retailers as the busy holiday shopping season draws to a close.
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Stocks rose sharply in early trading higher Thursday as investors gleaned positive consumer spending trends from retailers' June sales reports. A new bid for aluminum maker Alcan Inc. added to the market's upbeat mood.
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Wholesale retailer shares jump on news profit beat expectations by 4 cents a share, sales up 11%. NEW YORK  - Costco Wholesale Corp.
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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Children's apparel retailer reports strong start to fourth quarter.
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Online broker E*Trade Financial Corp.  said on Monday its retail customer stock trading for October jumped 21 percent from the prior month, helped by less uncertainty in financial markets.
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Google stock opened this morning at $100.01 a share, about 18 percent above the $85 price set in the company's initial public offering on Wednesday.
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Stocks rose on Thursday and the Dow climbed to an intraday record after major retailers issued reassuring monthly sales figures and outlooks, a sign consumer spending will continue to support economic growth.
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The Commerce Department on Friday said online retail sales increased more than 21 percent in the third quarter. Adjusted for seasonal variations and holiday and trading-day differences, online
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Shares of Salary.com surged 19.05 percent in its opening day of trading yesterday after the Waltham compensation software and consulting firm raised $60 million in an initial public offering.
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The retailer reports strong earnings and lifts its outlook.
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Shares of Google Inc. made their market debut on Thursday and quickly traded up 19 percent at $101.28. The Web search company&#39;s initial public offering priced at $85
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U.S. stocks rose on Wednesday as  retailers Kmart and Sears announced a $11.5 billion merger,  signaling corporate America's confidence in the economy, while  Hewlett-Packard's better-than-expected earnings helped boost  tech shares with the hope of increased spending in the sector.
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US stocks rose on Wednesday lifted by a merger between retailers Kmart and Sears, better-than-expected earnings from Hewlett-Packard and data showing a slight rise in core inflation.
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(InfoWorld) - The 2006 holiday shopping period got off to a strong start over the weekend, according to several e-commerce operators. The Friday after the Thanksgiving holiday is typically seen as the start of the holiday sales season in the U.S. and retail outlets across the nation see some of the largest crowds of the year on that day. In recent years, online retailers also report strong traffic on the day. While consumers may be opening their wallets to online retailers like never before, there's also evidence they are after bargains like never before. Two online price comparison sites, which point consumers to the lowest prices for various items, reported surging traffic. Pricegrabber.com said it's seen a 45 percent increase year-over-year in referrals to merchants for November to date. In some categories, including toys, sporting goods and apparel, the amount of traffic sent to retailers by Pricegrabber has more than doubled, it said. Rival site Shopping.com reported a 40 percent jump in November-to-date referrals to online retailers and said hot categories include kids and family, home and garden, and clothing and accessories. Despite the strong traffic, Monday is likely to be busier, said Shopping.com. Last year visitors to the site peaked between noon and 2 p.m. on Monday. Two of the season's hottest holiday gift items, the recently-launched PlayStation 3 and Wii games consoles, have been selling fast on Ebay. In the week to Nov. 24, 14,675 PlayStation 3 and 26,708 Wii consoles were sold through the site. The average price of the PS3 was US$1,186.39 while the Wii fetched an average $412.53, according to eBay Marketplace Research. Both prices are well above their suggested retail prices. Other hot electronics items include the Samsung Electronics Co. Ltd. BDP-1000 Blu-ray Disc player and Apple Computer Inc.'s iPod nano and iPod Shuffle, the company said.
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New orders for long-lasting U.S.-made manufactured goods surged a much bigger-than-expected 5.9 percent in July, the biggest gain since September, and a business investment gauge posted the first gain in three months, a Commerce Department report showed on Friday.