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U.S. retail sales fall in April
Down for second straight month; decline of 0.4 per cent much worse than forecast
The Globe and Mail

Wall Street opens lower on retail data
NEW YORK (Reuters) - Stocks fell at the open on Wednesday after key retail sales data came in worse than expected, dampening hopes that the economic recovery was near.
Reuters

Stocks in early plunge
Stocks slumped at Wednesday's open after reports showed weaker retail sales and a larger number of foreclosures in the first month of the second quarter.
CNN

Currencies: Weak retail sales lift dollar, yen
The U.S. dollar gained ground on the euro but slipped versus the Japanese yen as U.S. April retail sales data failed to provide further evidence of green shoots of an economic recovery.
Market Watch

ProLogis European Properties signs binding commitments with AEW Europe worth ?119.5 mln (NL/DE)
ProLogis European Properties (Euronext: PEPR), Europe’s largest owner of modern distribution facilities, announced today that it has signed sale and purchase contracts with Curzon Capital Partners II, the Core Plus fund of AEW Europe, a leading European real estate investment manager, on a portfolio of seven distribution warehouses in the Netherlands and Germany, for gross proceeds of €119.5 million. The sale is expected to close in tranches over the next six to eight weeks.
Europe RE

J.P. Morgan Plans Bond Offering
J.P. Morgan plans to raise at least $500 million through the sale of a new dollar-denominated bond that doesn't have government backing.
Wall Street Journal

Treasurys rise on weak retail data
Treasury prices rose Wednesday after a government report showed retail sales unexpectedly fell in April, boosting demand for safe-haven assets such as U.S. debt.
CNN

Stocks Sink as Retail Sales Slide
A disappointing report on retail sales pushed stocks lower and boosted demand for Treasurys. Bank stocks kept falling.
Wall Street Journal

Consumers pull back in April
Retailers logged a second straight month of sales declines in April as consumers continued to pull back on all types of unessential purchases, the government reported Wednesday.
CNN

Todays Zacks Rank Growth and Income Buy: The TJX Companies, Inc.
The TJX Companies is outpacing the market on stellar sales.
Zacks

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Archived "business - christmas sales" news stories.

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