Retail

The latest on developments in financial markets (all times local): 9:35 a.m.

The big share price surge could add $24 billion to the company’s market capitalization.

J.C. Penney Co. (JCP) on Thursday reported a loss of $101 million in its fiscal second quarter.

The company is yet to find a replacement for Chief Executive Officer Marvin Ellison.

The world's largest retailer booked strong results in both brick-and-mortar and online categories.

The e-commerce company has added popular firearms to its list of prohibited items.

___ Fed rate policy unintentionally pressures emerging economies WASHINGTON (AP) — By ratcheting up U.S. interest rates, the Federal Reserve has — unintentionally — led investors to pull money out of emerging markets like Turkey, strengthened the dollar's value and made it harder for foreign companies to repay their dollar-denominated debts.

Another federal judge has dismissed a lawsuit targeting outdoors retailer L.L. Bean's new limited-time return policy, this one in California.

Consumer electronics retailer Best Buy is pushing more into the health field, acquiring a company that provides emergency response devices for the aging.

The retailer projected smaller gross margins for the fall season.

Industry experts warn that tariffs could impede growth in the retail sector.

The Arkansas-based retailer has spent heavily to revamp its digital arm and acquire assets in recent quarters.

Kimberly-Clark will pass higher costs on to consumers.

Global stocks are sinking Wednesday as an unexpected drop in profits for Chinese tech giant Tencent has investors worrying about economic growth.