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Stock indexes rallying to new highs have put investors on alert for a correction. Now they have something else to worry about: Too many individual stocks touching highs.The S&P 500 Index (SPX) rose 2.1% last week to close at a record of 1,667.47 Friday, its 16th record close this year. Similarly, the Dow Jones Industrial Average (DJI) rose 1.6% on the week to 15,354.40, its 21st record of the year. The major benchmarks, including the Nasdaq Composite (RIXF), have made a nearly unchecked 16%-17% gain for the year.It's not just the indexes that are stretching for the stratosphere.Also in the past week, more than half the stocks on the S&P 500 touched new 52-week highs, with 141 of those occurring on Friday alone, according to an analysis of FactSet data. Another 128 companies reached new 52-week highs earlier in the week."The number of people I've heard justifying the valuation has been mind boggling," said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. "The complacenc...
Wal-Mart Stores Inc , the world's largest retailer, is making its biggest push yet to try to improve conditions at factories that produce its clothing after a fire a...
Wal-Mart Stores Inc , the world's largest retailer, is making its biggest push yet to try to improve conditions at factories that produce its clothing after a fire a...
The photographer that ran the portrait studios at Sears Holdings Corp. (SHLD), Wal-Mart Stores Inc. (WMT) and Babies "R" Us has abruptly shuttered its business, endi...
The photographer that ran the portrait studios at Wal-Mart Stores Inc. (WMT), Sears Holdings Corp. (SHLD) and Babies "R" Us has abruptly shuttered its business, endi...
The Supreme Court on Monday wiped out an appeals court ruling in favor of consumers who bought front-loading washing machines made by Whirlpool Corp (NYSE:WHR).The c...
Customer satisfaction with retailers is at an all-time high. However, while the industry improved overall, according to the American Consumer Satisfaction Index (ACS...
Former Sears Holdings Corp. (SHLD) Chief Executive Louis D'Ambrosio saw his compensation package fall nearly 90% last year, to $1.3 million, according to a proxy fil...
This week we are "winging it" and getting into the home improvement, Internet Protocol, and personal training sectors of the US economy. Happy Hunting!NAPA AUTO PART...
Sears Holdings Corp. jumped 4.8% Tuesday after its Chairman and Chief Executive Eddie Lampert, whose ESL Investments is a majority shareholder of the company, bought...
Shares of Sears (NASDAQ:SHLD) ticked higher early Tuesday after the retail chain's chairman and newly-named chief executive, Edward Lampert, disclosed buying $54.96 ...
Two retail-chain CEOs are fighting over Martha Stewart like rival high-school quarterbacks sparring over a homecoming queen.Terry Lundgren, who runs Macy's, filed la...
Whether induced by the economy or self-inflicted, retailers' fourth-quarter results brought front and center issues that will continue to plague the sector well into...
Wal-Mart Stores Inc. (WMT) released its own set of Bangladesh safety initiatives Tuesday after more than a dozen European retailers signed a legally binding safety p...
In the wake of a building collapse in Bangladesh that killed at least 1,127 garment workers, a group of Western retailers on Monday pledged to avoid substandard fact...
Sears Holdings (NYSE:SHLD) said Friday it will launch a lease-to-own program this month in all its Sears stores, allowing credit-strapped customers to lease big item...
Bangladesh shut down three factories owned by the country's largest garment manufacturer for safety violations, in a rare wave of closures that government officials ...
Target Corp is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physic...
CPI Corp. (CPIC), operator of the portrait studios inside Sears Holdings Corp. (SHLD) and Wal-Mart Inc. (WMT) stores, filed for bankruptcy and will liquidate its rem...
Layoffs announced by U.S. employers dropped 23% month-over-month in April, falling to their lowest level since December, according to layoff consultant Challenger, G...
