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Clothing sellers defy retail death’s rattle

Specialty apparel and department store stocks have been battered in recent years as a steady stream of store closings and unenticing merchandise put their future in doubt. But the apparel and accessories business is suddenly looking more fashionable. Last week, Goldman Sachs analyst Alexandra Walvis initiated coverage of Tapestry Inc., Tiffany & Co. and VF Corp. with a buy rating. ...

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T-Mobile’s argument is as loud as Legere’s style

John Legere is the pitchman T-Mobile US Inc. and Sprint Corp. need for their merger. Can he pull it off? The cheerleader-like qualities that have helped the CEO bring enthusiasm to T-Mobile are the same ones that induce groans. Testifying before the Senate judiciary subcommittee on antitrust June 27, Legere wore his usual uniform: a superhero-esque magenta T-Mobile t-shirt under ...

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Stocks mixed in holiday-hit trading; dollar stays steady

Bloomberg European stocks struggled for direction while futures for the S&P 500 advanced in a lackluster session overshadowed by the US holiday. There was a more downbeat mood in Asia where shares slipped even as the yuan extended a rebound. Telecom companies were the biggest winners on the Stoxx Europe 600 Index, though declines in technology shares helped offset the ...

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