A Valentine’s Day Surprise for February Retail Sales

Valentine's Day sale

Retailers got an unexpected showing of love from shoppers in the form of strong February sales. But whether consumers repeat the feat in spring could depend on gasoline prices and how good shoppers feel about their finances. March, in particular, could be tough.

Continue reading A Valentine’s Day Surprise for February Retail Sales

A Valentine’s Day Surprise for February Retail Sales originally appeared on DailyFinance on Thu, 03 Mar 2011 12:20:00.

Filed Under: Company News, Economy, Investing, JC Penney, Macy’s, Nordstrom, Target Corp, Saks, Retail, Stocks in the News

Twitter Says No Plans for IPO or Fundraising on the Horizon

Twitter co-founder Biz Stone has rejected the widely reported notion that the popular microblogging social networking site was in talks to sell a 10% stake to JPMorgan Chase for $450 million — which would have jacked up the site’s valuation to $4.5 billion.

Continue reading Twitter Says No Plans for IPO or Fundraising on the Horizon

Twitter Says No Plans for IPO or Fundraising on the Horizon originally appeared on DailyFinance on Thu, 03 Mar 2011 11:15:00.

Filed Under: Technology, Facebook, Twitter

Oil shock could push food prices higher

Food prices worldwide continued to rise in February, and the recent spike in oil prices could push food costs even higher in the months ahead, according to a report from the United Nations.

WestJet, Porter report higher load factors in February; WestJet sets record

By The Canadian Press TORONTO – WestJet (TSX:WJA) and regional carrier Porter Airlines both enjoyed a year-over-year increase in traffic in February, with WestJet reporting a record load factor of 83.6 …

Bombardier Aerospace signs deal with Chinese company for customer financing

By The Canadian Press MONTREAL – Bombardier Aerospace (TSX:BBD.B) said Thursday it has signed a deal with Chinese company ICBC Financial Leasing Co. Ltd. to provide the company’s customers with up …

Gas prices are going lower. Really

There’s perhaps never been a more precarious time for gasoline prices.