NEW YORK - Shares of Lumber Liquidators fell nearly 20 percent Thursday, a day after the hardwood floor retailer cut its earnings outlook for the year and said fewer people are coming into its stores than expected.
Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
Family Dollar Stores Inc. FDO +0.72% Family Dollar Stores Inc. U.S.: NYSE $64.70 +0.46 +0.72% July 10, 2014 11:26 am Volume (Delayed 15m) : 1.40M P/E Ratio 18.87 Market Cap $7.31 Billion Dividend Yield 1.92% Rev.
An official with the United Auto Workers, which suffered a stinging defeat in its attempt to unionize Volkswagen's assembly plant in Tennessee earlier this year, said Thursday that it is forming a new local at the plant.