WSJ Off Duty has 10 hot Cyber Monday food deals you can score from the safety of your couch. Plus, a look at gifts for the super-rich, from luxury cars to high-end speakers.
KIT Digital Inc. KITD-64.25% shares plunged more than 64%. On Nov. 21, the company said that due to errors and irregularities, it was restating financial statements going back to 2009, and canceled its stockholders meeting.
Top tickers trending
RIMM: Nils1975: It’s National Bank’s Kris Thompson, who caused $RIMM biggest jump since ‘09 btw. http://t.co/AtJJtnDC --> he’ll be one to follow from now on
ericjackson: “ @Dasan : Yes, I’m long $RIMM and @ericjackson was quoted in Bloomberg story today admitting he bought some recently” true
protradermike: $RIMM huge short squeeze and margin calls tomorrow - would hate to be short - buying huge in the morning
10 a.m.: Consumer confidence index for November, released by the Conference Board.
10 a.m.: FHFA home price index for September, released by the Federal Housing Finance Agency.
Wednesday, Nov. 28
10 a.m.: New home sales for October, released by the Commerce Department.
10 a.m.: Hearing on how to combat health care waste and fraud, at the House Energy and Commerce subcommittee on Health.
2 p.m.: Beige Book on regional economic conditions, released by the Federal Reserve Board.
Thursday, Nov. 29
8:30 a.m.: Weekly jobless claim, released by the Labor Department.
8:30 a.m.: Third-quarter Gross Domestic Product, released by the Commerce Department.
10 a.m.: Pending home sales for October, released by the National Association of Realtors.
10 a.m.: Hearing to examine the impact on banks of new Basel III capital standards, at a joint hearing of the House Financial Services subcommittees on Insurance, Housing and Community Opportunity, and Financial Institutions and Consumer Credit.
2 p.m.: Hearing on the future of money, at the House Financial Services subcommittee on Domestic Monetary Policy and Technology.
Friday, Nov. 30
8:30 a.m.: Personal income and consumer spending for October, released by the Labor Department.
9:45 a.m.: Chicago PMI on business activity in the Chicago region for November, released by the Institute for Supply Management.
SAN FRANCISCO (MarketWatch) — As attention shifts away from Black Friday expect active trading in stocks seen to benefit from so-called Cyber Monday sales.
Amazon.com is expected to see active trade Monday as investors focus on online holiday sales.
Shares of Amazon.com Inc.AMZN+0.78% , the world’s largest online retailer, are expected to see activity Monday as more online sales come into play for the holiday shopping season.
The stock, which is trading about 9% off its all-time high of $264.11 reached in September, has picked up momentum in November and gained 6.5% this past week to close at $239.88 as it and other retailers like Best Buy Inc. BBY+1.12% kicked off Thanksgiving sales online.Read more about Black Friday and retailers.
EBay Inc. EBAY+0.78% shares, which rose 3.7% on the week, are also in focus as some look to flip hard-to-get holiday gift items and bargains purchased at Black Friday sales.
Groupon Inc. GRPN+1.80% shares will test whether they can hold onto newfound gains, having jumped nearly 33% in the past week after hedge fund Tiger Global disclosed acquiring a 9.9% stake in the daily-deals company.
As the holiday shopping season continues, other retailers like Wal-Mart Stores Inc.WMT+1.90% , Target Corp. TGT+1.19% , J.C. Penney Co. JCP+0.23% , and Macy’s Inc.M+1.76% will see if they can hold onto their strong stock gains from the past week.
Wallace Witkowski is a MarketWatch news editor in San Francisco. Follow him on Twitter @wmwitkowski.