KB Home shares fell 18 percent on Thursday, headed for its worst day of trading since August 1992. The Los Angeles-based homebuilding company provided lower-than-expected guidance for its fourth-quarter results. Credit Suisse, Wells Fargo, Barclays […]
The retail sales report suggested consumer spending retained most of its strong momentum at the start of the fourth quarter, likely keeping the economy on a strong growth path, despite the trade deficit expected to […]
J.C. Penney on Thursday reported quarterly revenue that fell short of analysts’ expectations, sending shares down more than 10 percent in premarket trading, to just above a dollar a share. Here’s what the company reported […]
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