Posts Tagged ‘Retail’

Caterpillar Acquisition, Better October Retail Sales Boost Stocks

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The acquisition by construction equipment giant Caterpillar of mining-equipment maker Bucyrus International Inc. for $7.6 billion and a 1.2 percent increase in retail sales in October sent U.S. stocks climbing on Monday. The Dow Jones Industrial Average went up 85 points […]

U.S. Retail Sales Rise 0.6 Percent In September

Linda Young – AHN News Writer Washington, DC, United States (AHN) – Retail sales rose 0.6 percent, to $367.7 billion, in September with motor vehicle sales accounting for much of the increase, according to the Commerce Department’s U.S. Census Bureau. In a statement released Friday, U.S. Commerce Secretary Gary Locke said that sales excluding motor […]