Consumer Goods & Retail
US STOCKS-Shares briefly edge up after sharp losses
NEW YORK, Nov 20 (Reuters) - U.S. stocks briefly edged higher on Thursday after the benchmark S&P 500 index fell to its lowest level in more than six years, triggering short-covering after breaking key technical levels. Full Article
CORRECTED-BRIEF-Grand Canyon Educ starts trading at $10
- Grand Canyon Education Inc shares start trading at $10.00 (corrects price) Full Article
UPDATE 2-Sally Beauty profit misses Street view
NEW YORK, Nov 20 (Reuters) - Sally Beauty Holdings , which distributes beauty supplies and hair products, posted a lower-than-expected quarterly profit on Thursday, as it incurred some higher costs. Full Article
UPDATE 1-Wet Seal sees Q4 below Wall Street view, shares fall
Nov 20 (Reuters) - Specialty retailer Wet Seal Inc , which posted a 7.6 percent fall in quarterly same-store sales, forecast a weak fourth quarter, which includes the holiday season, sending its shares down as much as 14 percent. Full Article
REFILE-WRAPUP 2-PSA cuts more jobs, Sarkozy vows to help sector
* 2 bln euros ($2.5 bln) support planned by EIB -govt paper Full Article
UPDATE 2-Papa John's announces franchise support plans
(Adds LOS ANGELES to dateline, details; updates stock activity) Full Article
US STOCKS-Wall St rout sends S&P 500 to six-year low
* Dow off 2.6 pct, S&P off 3.7 pct, Nasdaq off 2.8 pct Full Article
FACTBOX-How car slump will hurt German industry
FRANKFURT, Nov 20 (Reuters) - The impact of a downturn in the automotive industry is spreading in Germany, prompting the world's largest chemicals maker BASF to issue a profit warning, and others could follow suit, industry experts said. Full Article
UPDATE 2-GM shares hit 70-year low as bailout hopes dim
(Recasts with deeper GM drop, adds share movements of Ford, auto parts suppliers) Full Article
Debt protection costs on Macy's, Limited surge
NEW YORK, Nov 20 (Reuters) - The cost of insuring debt issued by retailers Macy's Inc and Limited Brands against possible default rose to distressed levels on Thursday, reflecting investor concerns about the outlook for the sector. Full Article
Aetna CEO says taking market share
NEW YORK (Reuters) - Aetna Inc is confident in its prospects and is taking market share despite uncertainty over health-care reform and the broader economic climate that has weighed on its shares, the head of the No. 3 U.S. health insurer said on Wednesday. Full Article
| Symbol | Last | Net Change |
|---|---|---|
| BRENT CRUDE | $49.25 | $-2.47 |
| MINI GOLD | $746.00 | $10.10 |
| MINI SILVER | $8.91 | $-0.40 |
