Stocks moved between small gains and losses in morning trading Thursday as Federal Reserve Chair Janet Yellen addressed the Senate Banking Committee.
Sears Holdings Corp. said it lost $1.36 billion last year as sales continued to fall and stores closed in the company's tranformation to a membership-based, online retailer.
The U.S. stock market edged higher in early trading after J.C. Penney and Best Buy rose sharply after improving their performance in the latest quarter.
Stocks rose, pushing the S&P back into record territory, as investors weighed earnings reports from retailers and other companies.
Target Corp.'s profit took a major hit during the last three months of its year as it absorbed the twin blows of a data breach that caused some shoppers to turn away from its stores and losses from its expansion in Canada.
Lowe's Inc. said Wednesday that sales and profits were both up in the fourth quarter, as the home improvement retailer coped with strong winter weather.
U.S. stock futures edged higher as investors assessed company earnings and waited for new data on the housing market.
Abercrombie & Fitch's fourth-quarter net income fell 58 percent, but adjusted profit easily topped Wall Street's expectations and shares jumped more than 8 percent as the company initiated a $150 million accelerated share buyback program.
"Turbo" film dragged on DreamWorks' earnings in the fourth quarter, sending the studio's shares down 7.7 percent in aftermarket trading.
U.S. consumer confidence sank slightly in February over worries about the near-term outlook for business conditions and jobs, the Conference Board said Tuesday.
U.S. stocks are slightly higher at midday after the market trended lower for most of the morning.
Central Atlantic manufacturing slowed in February, the Federal Reserve Bank of Richmond said Tuesday.
Office Depot reduced employee numbers by 35 percent during the first 100 days of restructuring, CEO Roland Smith said Tuesday.
JPMorgan announced that it will lay off 8,000 workers this year as its mortgage and retail banking businesses shrink.
U.S. stocks slipped in early trading Tuesday as investors reacted to an unexpectedly steep decline in consumer confidence this month. The weak start came a day after the Standard & Poor's 500 index came within a point of closing at another record high.