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Luxury brands positioned for U.S. boom

ANALYSIS: Most men might balk at spending $600 US on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly...
Astrid Wendlandt and Phil Wahba, Reuters
Posted on 5-24-2013 at 2:03 PM

Nik Modi, Global Consumer Staples Coordinator, UBS AG

P&G CEO switch won’t alter strategy

Procter & Gamble Co said on Friday the surprise return of A.G. Lafley as chairman and chief executive was not an indication of any bigger problems at the world's largest consumer...
Jessica Wohl, Reuters
Posted on 5-24-2013 at 11:24 AM

Brian McGough, Managing Director & Head of Retail Research, Hedgeye Risk Management

Gap first-quarter profit rises 43 percent

Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia.
Phil Wahba, Reuters
Posted on 5-23-2013 at 4:33 PM

U.S. jobless claims drop more than expected last week

The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labour market despite belt-tightening by Washington.
Lucia Mutikani, Reuters
Posted on 5-23-2013 at 8:45 AM

Daniel Stecich, Senior Vice-President, TJM Institutional Services

Target cuts outlook, posts weak quarter

Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal...
Jessica Wohl , Reuters
Posted on 5-22-2013 at 8:07 AM

As U.S. economy strengthens, a bonds sell-off may beckon

The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off.
Ellen Freilich, Reuters
Posted on 5-22-2013 at 2:14 PM

Bank of Montreal says U.S. ambassador to become vice-chairman

U.S. Ambassador to Canada David Jacobson will join Bank of Montreal as vice-chairman after he leaves his diplomatic post and will work in the bank's U.S. division, BMO said on Tuesday.
Cameron French, Reuters
Posted on 5-21-2013 at 12:56 PM

Brian Milner, Business Columnist, The Globe and Mail, BNN's Greg Bonnell

Senate panel hammers Apple over tax strategy

Apple Inc. came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and...
Patrick Temple-West and Poornima Gupta, Reuters
Posted on 5-21-2013 at 8:04 AM