Apple (AAPL) plans to expand and revitalize its retail network, aiming to push deeper into China and other parts of Asia while refurbishing established locations in the US and Europe, Bloomberg reported Thursday, citing people with knowledge of the matter.

The iPhone maker plans to add a total of 53 new, relocated or remodeled stores over the…

Read more

Target (TGT) has an average rating of outperform and price targets ranging from $144 to $220, according to analysts polled by Capital IQ.

Macys on Thursday cut full-year sales and profit forecasts, hurt by a slowdown in demand for high-end products and increased discounts due to persistently high inflation, sending shares of the department store chain down 7%.

The company said it would need to discount further in the second quarter to clear out spring and early summer stocks…

Read more

The U.S. dollar retreatedfrom a more than two-month high on Wednesday after a FederalReserve official warned any decision by the central bank to holdits benchmark overnight interest rate firm at an upcomingmeeting would not mean that it is done tightening monetarypolicy. In remarks on Wednesday, Fed Governor and vice chair nomineePhilip… Read more