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Greek Creditors Not As Close to Agreement on Debt As Athens Makes Out, Warns IMF Chief

European markets slide, despite mixed moves in Asia overnight. Greece weighs heavily on investors as International Monetary Fund Chief Christine Lagarde warns exit from Euro still possible. Switzerland’s economy shrinks in first quarter as exports squeezed by rising franc. Datacenter operator Equ

Abercrombie & Fitch results: Could’ve been worse

Even though the struggling apparel retailer reported another loss and big sales drop, investors seem to be relieved that Abercrombie & Fitch’s results weren’t as bad as some feared.

Wall Street Watches Earnings and Key Economic Data on Friday

For Friday, May 29 TheStreet highlights two notable companies reporting their quarterly financial results as well as a few economic data to watch on Wall Street. On the notable earnings front, keep an eye on Big Lots Inc (BIG) and Genesco Inc (GCO). Both companies are scheduled to release their qua

Shale Oil Is a Ponzi Scheme Bcause of Its Unique Production Process

Shale oil is unique in the way it is produced because it yields a very front-loaded result. Shale producers get 50% or more their oil in the first year that a well is in service. The companies continuously drill new wells to be at peak production levels and keep the cash flow strong. As a result, t

Michael Kors is no longer in fashion

The handbag wars are hurting Michael Kors. Same-store sales fell and the outlook is not good. Shares are languishing on Wall Street’s discount rack.

Amazon Hiring 6,000 New Employees

Amazon is staffing up, hiring 6,000 workers for distribution centers in twelve states.

Wall Street Awaits Earnings and Economic Data on Thursday

In Thursday’s What to Watch on Wall Street, TheStreet highlights the notable earnings reports due out along with the key economic data to keep an eye on throughout the trading day on May 28. The six companies reporting their latest quarterly financial results include teen apparel retailer Abe

Cable Giant Time Warner Cable Gets Upgrade Amid Takeover Bid

In Wednesday’s Analysts’ Actions, we highlight a couple of negative notes on Workday (WDAY) and Yahoo! (YHOO) as well as an upgrade for Time Warner Cable (TWC). Analysts at Jefferies lowered their price target on shares of Workday to $92 from $99, following the enterprise cloud app prov

Good news is bad news (once more)

The dollar has moved sharply higher on a raft of generally positive US economic data – and that has pushed US stocks lower. John Authers suggests that worries about the Federal Reserve and rates now trump all other concerns.

Wall Street Is Watching Earnings and Key Economic Data on Wednesday

On Wednesday, May 27 we keep an eye on six companies that are scheduled to report their quarterly financial results as well as a couple of economic data to watch on Wall Street. The notable earnings for the day include Michael Kors Holdings Limited (KORS), Tiffany & Co. (TIF), Toll Brothers In