Insider Stock Sales Up in Apparel Sector
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Insider stock sales at U.S. apparel  companies jumped in September from a year ago, a sign that  investors should shun clothing companies' stocks as their  prices could drop further, a research firm said on Monday.
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Swedish fashion giant Hennes &amp; Mauritz  reported on Friday a 3 percent rise in sales in stores open more than a year in January, lagging market expectations.
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A more fashion-forward assortment fueled sales in the third quarter.
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The apparel retailer is proving that expansion is not the be-all, end-all approach to growth.
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Nike Inc.  said on Wednesday  that quarterly profit jumped 10 percent, topping Wall Street  estimates on strong U.S. demand for its footwear and robust  growth overseas, sending shares up over 3 percent in  after-hours trade.
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Nike Inc. , the world's No.  1 sport shoe and apparel maker, on Thursday posted quarterly  earnings above Wall Street targets, boosting its shares nearly  6 percent and easing some fears that pricey styles bearing its  signature swoosh were losing their luster.
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Recently released data says sales of womenâs dresses surpassed $5 billion in the 12 months ended in April â up 30 percent from the year-earlier period.
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U.S. stock futures jumped on Friday,  pointing to a higher market open, after a government report  showed U.S. September retail sales data rose  higher-than-expected.
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Limited Brands Inc.  said on Thursday that November sales at stores open at least a year rose 12 percent, beating expectations, on strong demand for its Victoria's Secret intimate apparel and Pink line of casual sportswear for women.
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Federated Department Stores Inc.  on Thursday reported a better-than-expected rise in January sales at stores open at least one fiscal year and raised its quarterly earnings forecast, sending its shares up nearly 4 percent.
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The clothing company reports a stellar fourth quarter.
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Socks rose on Tuesday as European  companies made takeover offers for U.S. companies in the  health-care and chemicals sectors and bond yields dipped,  sending rate-sensitive stocks higher.
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Accelerating sales and improving profitability both point to a rebound from the apparel retailer.
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Strong sales forecast, says financial officer at investment event.
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Men's apparel retailer JoS. A. Bank Clothiers Inc. reported Thursday that double-digit same-store sales gains, as well as continued strength in catalog and Internet sales, drove second-quarter earnings up 75 percent to beat Wall Street expectations.
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Semiconductor companies moved higher in trading Thursday after an industry group said sales rose 1.1 percent to $18.2 billion in August from the previous month, and that inventories are on the decline.
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Plus, earnings from American Eagle and Urban Outfitters.