H&M 3rd qtr, August sales top market consensus
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Swedish fashion giant Hennes &   Mauritz AB HMb.ST posted third-quarter pretax profits just   above market forecasts on Wednesday, while its August   like-for-like sales also beat expectations.
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U.S. consumer sentiment picked up  above expectations in late August after declining earlier in  the month as oil prices eased from record highs and security  fears abated, according to sources who saw a survey on Friday.
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Pending sales of U.S. homes rose 4.3 percent in August in a sign the nation's housing market might be stabilizing, a trade association said on Monday.
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Stocks gained on Friday as investors  took comfort from data showing U.S. consumer sentiment picked  up above expectations in late August, but volume was very thin  before next week's Republican convention in New York City.
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Stock index futures rose on Thursday after Wal-Mart Stores Inc  and other retailers reported August sales that beat analysts' expectations, calming concern that consumers were being squeezed by a meltdown in the mortgage market.
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U.S. consumers spent at a   stronger-than-expected pace in August and import prices rose   steadily, according to government reports on Thursday that   hinted the economy may not be slowing quickly enough to curb   inflation pressures.
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Europe&#39;s largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices
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UK High Street sales confound market expectations and rise by 0.6% in August, increasing the likelihood of another interest rate rise this year.
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WASHINGTON &#151; Sales of new homes rose by 9.4 percent in August, the Commerce Department said yesterday, as mortgage interest rates remained at low enough levels to continue enticing buyers worried about future rate increases.
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UK High Street sales saw their best performance in January for three years, according to a leading industry survey.
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As promised, the retailer reported strong same-store sales in August.
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Major retailers, led by discounters Wal-Mart Stores and Target Corp, turned in better-than-expected August sales on Thursday, as consumers went back-to-school shopping despite higher gas prices and the nation's housing meltdown.
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Wall Street closed its third consecutive winning week with another rally yesterday, advancing as a new retail sales report and a consumer confidence reading showed that Americans are growing more confident about the economy.
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Wall Street closed its third straight winning week with another rally Friday, advancing as a new retail sales report and a consumer sentiment reading showed that Americans are growing more confident about the economy.
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Sales of new U.S. homes unexpectedly  rose in August to a seasonally adjusted 1.050 million  annualized rate after a sharp downward revision in July's  tally, while the inventory of homes for sale eased slightly, a  government report showed on Wednesday.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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New stores, expanded online sales and a new upmarket chain help H&M report a 17% rise in quarterly profits