Early Christmas Shopping, Black Friday Sales Give British Retailers a Temporary Boost

British retail sales grew at their fastest rate in more than a year during the three weeks through Dec. 13 as consumers snapped up clothing and groceries, a survey by the Confederation of British Industry (CBI) showed on Tuesday. The CBI said its retail sales index rose to a readingRead More

Lockheed Martin Wins More Work from U.S. Air Force

Lockheed Martin is fractionally lower after the company said it won a new contract and extended a second contract to sustain and modernize the U.S. Air Force’s intercontinental ballistic missile (ICBM) reentry systems. It said it won a competition in June to produce seven units of reentry field support equipmentRead More

European ADRs Edge Higher as Banks Log Gains

American depository receipts of European stocks were 0.4% higher at 114.39 on the Bank of New York Mellon Europe ADR Index on Tuesday. Gainers in Continental Europe were led by CGG (CGG), a manufacturer of geophysical equipment, 3.7% higher, followed by Telecom Italia – Savings (TI.A), an Italian telecommunications company,Read More

MTS Systems Down 3.5%

MTS Systems is down 3.5% after the company said it has initiated an internal investigation into apparent violations of the company’s code of conduct involving certain employees in its China operations and the investigation will delay issuance of its Q4 and full year earnings and the filing of the company’sRead More

Benchmarks Set New Records, Defensive Sectors Outperform

Wall Street continued its record-setting trend with the Dow, S&P 500 and Nasdaq setting all-time highs. The major benchmark averages ended the week higher for a third time in a row, building on post-Election Day rally that has advanced the blue chip index by more than 7% and the S&PRead More

Netflix Up More Than 3%

Netflix (NFLX) is up more than 3% after the company signed a deal with iPic Entertainment, a luxury-theater chain with 15 U.S. locations, to screen 10 movies simultaneously with their release online. Under the deal, the 10 Netflix films will screen at iPic theaters in L.A. and New York City,Read More