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Retail stocks fall on holiday shopping worries (Reuters via Yahoo! News)
Retailers that offer good value or the hottest products should come out on top this holiday season, while those that need deep discounts to lure shoppers could see earnings pressured, analysts said on Monday.
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(AFX UK Focus) 2008-12-02 00:30 UPDATE 3-US retail stocks fall on holiday shopping worries (Interactive Investor)
By Martinne Geller
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Perfect storm has shoppers, retailers wary (Las Vegas Review-Journal)
The winter storm that rolled into Las Vegas for Thanksgiving wasn't the only source of dark clouds for the holiday shopping season.
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Allen-Vanguard faces new debt deadline; STMicro warns sales will be lower (Ottawa Citizen)
Struggling Allen-Vanguard Corp. said Friday it has received a third extension from bankers in a bid to fix weak finances.
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Let the shopping begin (Pensacola News Journal)
Put on your running shoes for Black Friday Pleasure Island-style
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Obama's one-trick wizards (Asia Times)
One wants to ask the Wall Street wizards who comprise the talent pool for the incoming administration, "If you so smart, how come you ain't rich no more?"
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Frances Vaughn's fabric shop seen as quilters' dream (Wichita Falls Times Record News)
Walking through Frances Fabrics is like walking through a toy store — if you’re a quilter.
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QlikTech Named European High-Tech Entrepreneur of the Year (BusinessWeek)
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Allen-Vanguard sees 50-per-cent revenue increase (Ottawa Citizen)
Allen-Vanguard, the struggling Ottawa maker of bomb-jamming gear, said Thursday that revenues grew by 50 per cent in the September quarter and that it expects sales to rise five per cent in the new fiscal year.
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PAETEC Posts Big Loss; Stock is Up (R News)
While income was up for PAETEC in its third quarter, the Perinton-based telecommunications company also recorded a big loss. It’s stock soared Thursday to close above a dollar a share.
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