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Toys R Us stores nationwide will open at 5pm on Thanksgiving Day and stay open until 11pm on Friday, the company announced in a statement. Other retailers that have announced Thanksgiving Day openings include Macys Inc. and Sears Holdings Corp. , which open at 6pm.
REI will not only remain closed on Thanksgiving Day, but will also be closed on Black Friday, and is encouraging others to “go outside and play instead” through a hashtag, #OptOutside. Research conducted by RichRelevance found that 64.5% of respondents “hate” or “dislike” the practice of stores opening on Thanksgiving. RichRelevance, which works with retailers on customer personalization programs, surveyed 1,000 Americans for its findings.

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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From:: Stock Market News

Priceline Group Inc.’s stock dropped 6.2% in premarket trade Monday, after the online travel booking company beat third-quarter profit expectations, but provided a downbeat fourth-quarter outlook. For the quarter ended Sept. 30, earnings rose to $1.2 billion, or $23.41 a share, from $1.1 billion, or $20.03 a share. Excluding non-recurring items, adjusted earnings per share came to $25.35, beating the FactSet consensus of $24.21. Revenue rose to $3.1 billion from $2.84 billion, above the FactSet consensus of $3.05 billion, as better-than-expected agency revenue helped offset slight misses in merchant and advertising and other revenue. Gross bookings increased to $14.78 billion from $13.82 billion, just shy of the FactSet consensus of $14.85 billion. For the fourth quarter, Priceline expects adjusted EPS of $11.10 to $11.90, below the FactSet consensus of $12.42. Total bookings are expected to rise 1% to 8%, while the FactSet consensus of $12.06 billion implies growth of 13%. The stock had climbed 27% year to date through Friday, while the S&P 500 has gained 2%.

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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From:: Stock Market News

Match Group Inc. said Monday that it will offer 38.3 million shares in a price range of $12 to $14 in an updated S-1 filing. The maximum amount Match would raise is $536.7 million. The company, which owns dating sites such as Match.com, Tinder and OkCupid, has applied to list on the NASDAQ with the symbol “MTCH.” It had a total of 59 million monthly active users as of Sept. 30.

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From:: Stock Market News

Sotheby’s reported on Monday a third-quarter loss that narrowed to $17.9 million, or 26 cents a share, from $27.7 million, or 40 cents a share, in the same period a year ago. Excluding non-recurring items, the adjusted per-share loss came to 26 cents, beating the FactSet consensus of a per-share loss of 27 cents. Revenue rose 46% to $138 million. A bigger-than-expected jump in inventory sales helped offset a surprise decline in agency commissions and fees, which resulted from significantly weaker sales in higher margin categories, such as old master paintings, Asian art and jewelry. The auction house’s stock, which was still inactive in premarket trade, has dropped 21% year to date, while the S&P 500 has gained 2%.

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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From:: Stock Market News

Shares in Barclays PLC , HSBC Holdings PLC , Deutsche Bank AG and other banking giants rose early Monday after global financial regulators published new rules aimed at preventing a repeat of the 2008 financial crisis. The Financial Stability Board confirmed that a so-called total loss absorbing capacity, or TLAC, for big banks will be in a range that analysts had anticipated. TLAC will be 16% of a bank’s assets by 2019, then climb to 18% by 2022. That’s lower than a range proposed earlier by the FSB, and Citigroup analysts have described it as a “manageable hit” for the largest European banks, a Financial Times report said.

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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From:: Stock Market News

Use oak stair treads and pine boards to create right-size shelves that keep books and toys within easy reach of small hands …read more

From:: DIY this old house

Maximize function while conserving space with these technological advancements …read more

From:: DIY this old house

Up your culinary game with a tilt-a-whirl blender, a knife block that sharpens your knives, a perfect-pie-crust rolling pin, and more …read more

From:: DIY this old house

WASHINGTON (MarketWatch) – Federal Reserve Governor Lael Brainard on Friday said the U.S. central bank should move with “greater caution than normal” to adjust interest rates given weakness overseas. In a speech to the International Monetary Fund, Brainard, a key dove on the U.S. central bank, said that further weakening from abroad could pose a downside risk on the U.S. economic outlook. Because the Fed’s target interest rate is already set at zero, the ability to offset any weakness was limited, she noted. Brainard said the “feedback loop” between market expectations of divergence between the U.S. and its major trading partners and financial tightening in the U.S. means that “material restraint to U.S. conditions is already in place.”

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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From:: Stock Market News

Warren Buffett’s Berkshire Hathaway Inc. late Friday said its third-quarter operating earnings fell to $4.55 billion from $4.72 billion a year earlier. On a per share basis, Berkshire Hathaway earned $2,769 versus $2,876. Investment and derivative gains during the quarter totaled $4.88 billion, compared with a loss of $107 million in the same period last year. Berkshire’s book value, a measure of net worth, rose 3.3% to $151,083 per class A share at the end of September, the company said. Berkshire Hathaway’s class A shares fell 0.2% to close at $204,200 on Friday while its class B shares slid 0.2% to $136.33.

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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From:: Stock Market News