Coldwater Creek
by admin on Tuesday, November 8th, 2011 | Comments Off
Coldwater Creek
Retail stocks rise after housing market data (Market Watch)
NEW YORK (MarketWatch) -- Retail stocks rose on Tuesday after the number of
construction permits rose to its highest level in three and a half years,
offsetting declines in housing starts, in an encouraging sign for the housing
market. Home-improvement retailers Home Depot Inc. and Lowe's Cos. , after
having already outpaced the broader markets this year, were little changed.
Separately, Lowe's late Monday priced a $2 billion notes offering. RadioShack
Corp. rose 2.2%. Its Chief Executive James Gooch saw his total compensation
last year more than double to $5.87 million after a surge in option and stock
awards. Among other gainers, women's clothing retailers Christopher Banks
Corp. , Coldwater Creek Inc. , Ann Inc. and Talbots Inc. were up 4.5%, 4.3%,
1.6% and 1.4% each.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets
as they move. Visit MarketWatch.com for more information on this news.
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