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What Retail Stocks Benefit From The 'Wealth Effect'?

2014-11-13 22:13:46| Auto Parts - Topix.net

Looking for hardline retail stocks that still have room to run amid a sector that he has downgraded to "underweight," analyst Aram Rubinson of Wolfe Research found only a few. He thinks that valuations in the category are "stretched" and that the sector is "fighting an uphill battle on two fronts - interest rates and e-commerce."

Tags: effect benefit retail stocks

Escaping the wealth gap can mean fleeing hometowns

2014-11-10 19:12:53| Automakers - Topix.net

This Illinois city already was struggling when Tara Holycross and her friends were kids riding their bikes to Custard Cup, swimming at the park district pool and hanging out in the Wendy's parking lot. Manufacturers that provided thousands of well-paying, middle class jobs - General Motors, General Electric, Hyster - were closing.

Tags: gap wealth escaping fleeing

Gen-Next's stock wealth rises to Rs 17k cr in mkt rally

2014-11-02 18:50:05| IT Services - Topix.net

As record stock market rally continues, the value of shares directly owned by next-generation business leaders at 20 major corporate houses has soared over 18% to Rs 17,000 crore so far this year. This includes value of shares owned by the children of top executives and promoters of the listed blue-chips such as Infosys, Cipla, Sun Pharma and the Reliance groups, while excluding the family holdings and equity owned through other entities such as trusts.

Tags: stock wealth rally rises

Manufacturing a must for U.S. wealth creation, Dan DiMicco says

2014-10-22 20:35:42| Steel - Topix.net

Forget the idea that the U.S. economy is chugging along in a respectable recovery after the Great Recession, says Dan DiMicco , former CEO of steel manufacturer Nucor Corp. And the 5.9 percent unemployment rate the Bureau of Labor Statistics reported for September? Forget that, too, he says. The real unemployment rate is the 16.1 percent, which includes those working part time but who would rather be working full time.

Tags: dan says creation manufacturing