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Asian Markets Due For Positive Bounce On Friday

3/1/2012 6:00 PM ET (RTTNews) – The Asian stock markets are expected to open higher on Friday on bargain hunting following softness throughout the region in the previous session.Positive news out of the auto sector sparks the positive sentiment, with major automakers reporting increases in auto sales in February.Also, the U.S. Labor Department showed an [...] [...]

Firm Start Called For Asian Markets On Friday

2/16/2012 6:01 PM ET (RTTNews) – The Asian stock markets are expected to open higher on Friday on bargain hunting following broadly based selling pressure in the previous session.Buying interest may also be generated by reports indicating that European central banks will complete an exchange of Greek government debt for new Greek bonds over the [...] [...]

Black Friday weekend: Record $52.4 billion spent

NEW YORK — Earlier than ever store openings and steep discounts helped retailers notch record sales this Black Friday weekend, according to early reports. Total spending over the four-day weekend following Thanksgiving reached a record $52.4 billion, up 16% from $45 billion last year, according to a survey by the National Retail Federation released Sunday.A [...] [...]

Malls track shoppers’ cell phones on Black Friday

Through this signage at Promenade Temecula, the mall is notifying shoppers that their phones may be tracked as they move throughout the premises.NEW YORK (CNNMoney) — Attention holiday shoppers: your cell phone may be tracked this year.Starting on Black Friday and running through New Year’s Day, two U.S. malls — Promenade Temecula in southern California [...] [...]

Black Friday shoppers go gaga for TVs

As soon as the doors opened at midnight for Black Friday, Best Buy shoppers rushed for doorbuster deals on LCD TVs.WOODLAND PARK, N.J. (CNNMoney) — Doorbuster deals on LCD televisions drew crowds of Black Friday shoppers to big box stores on Thanksgiving evening.And for Isabel Baez, the wait outside a Best Buy (BBY, Fortune 500) [...] [...]

Black Friday sales hit record, says report

NEW YORK (CNNMoney) — Preliminary reports for Black Friday indicate that retailers may have seen their strongest sales ever during the all-important kick-off to the holiday shopping season.Retail sales on Black Friday climbed 6.6% this year to an estimated $11.4 billion, according to ShopperTrak, which tracks foot traffic at malls and stores. Last year, sales [...] [...]

Toys ‘R’ Us unveils Black Friday circular: See the deals

NEW YORK (CNNMoney) — Toys “R” Us will kick off its Black Friday sales an hour earlier this year, opening its doors at 9 p.m. on Thanksgiving evening.The toy retailer will be one of several retailers opening on the night before Black Friday. Last week, Wal-Mart (WMT, Fortune 500) said it would open at 10 [...] [...]

Thai Stocks Tipped To Open Higher On Friday

(RTTNews) – The Thai stock market on Thursday finally halted the four-day losing streak in which it had fallen more than 50 points or 4.7 percent. The Stock Exchange of Thailand settled just above the 1,035-point plateau, and now investors are expecting to see the market extend its gains when it opens on Friday.The global [...] [...]

Higher Open Expected Friday For Japan Shares

(RTTNews) – A mixed to higher open is expected Friday for Tokyo stocks. A move by the European Central Bank, the Federal Reserve and others to bolster troubled European banks sent markets across Europe and the U.S. higher on Thursday.The benchmark Nikkei 225 average climbed 150.29 points or 1.76 percent to close at 8,668.86.The broader [...] [...]

Weak Friday Opens Expected For NZ, Australia Shares

(RTTNews) – Weak opens are expected Friday for the New Zealand and Australia sharemarkets. Traders saw Wall Street move broadly lower on Thursday despite a strong start. The markets awaited key employment data from the government and another speech from Federal Reserve Chairman Ben Bernanke on Friday.New Zealand’s sharemarket rose for a fourth straight session [...] [...]

Lower Friday Opens Expected For New Zealand, Australia Stocks

Rising fears about the European economy and the viability of European banks are expected to push the New Zealand and Australia sharemarkets lower at Friday’s open. Wall Street reacted to the Euro issues with a sharp plunge Thursday. New Zealand’s sharemarket ended a six-session winning streak with a modest decline on Thursday. The benchmark NZX-50 [...] [...]

Lower Friday Open Expected For Tokyo Stocks

A weak open is expected Friday for the Tokyo stock market, with traders seeing another sharply negative lead from Wall Street. Worries about European banks are likely to weigh on the financial sector. The benchmark Nikkei 225 average closed with a loss of 113.50 points or 1.25 percent at 8,943.76. The broader TOPIX index of [...] [...]