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Pottery Barn to add merchandise for smaller living spaces in spring 2017External Link

Pottery Barn, a Williams-Sonoma Inc. home furniture and furnishings brand, said Monday that it is adding "size-conscious" styles to its spring 2017 product lineup. The merchandise is designed for smaller living spaces and will be sold at accessible prices. The collection will be available exclusively at 15 Pottery Barn flagship stores in urban areas including New York City, the San Francisco Bay Area, Los Angeles and Chicago. It will also be available online. Among the items are a sofa collection featuring cushions that lift for additional storage, priced between $699 and $1,759. Williams-Sonoma shares are down 0.3% in early trading, and are down 7.5% for the last 12 months. The S&P 500 index is up nearly 19% for the past year.

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.


Mon, 23 Jan 2017 14:32:28 GMT
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U.S. stocks fall as investors fret about Trump's policiesExternal Link

U.S. stocks opened lower on Monday as investors grappled with fears that President Donald Trump will focus on protectionist trade policies that could dampen growth. The S&P 500 index shed three points, or 0.1%, to 2,268. The Dow Jones Industrial Average fell 22 points, or 0.1%, to 19,806. The Nasdaq Composite Index slipped six points, or 0.1%, to 5,550. Halliburton Co. shares fell after posting a sales miss. McDonald's Corp. and Yahoo Inc. could be volatile as investors await earnings reports from both firms, expected after the close. Qualcomm Inc. fell after Apple Inc. filed a lawsuit against the chip maker alleging that the firm sought "onerous" terms in a chip deal. U.S. shares followed European shares lower as investors favored safety plays like Treasurys [s:TMUBMUSD10Y] and gold .

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.


Mon, 23 Jan 2017 14:32:03 GMT
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Olive Garden 'Never Ending Classics' promotion starts MondayExternal Link

Olive Garden, the Darden Restaurants Inc. chain of Italian restaurants, said it's launching a "Never Ending Classics" promotion on Monday, an extension of the popular unlimited offer. The five entrees included in the promotion are spaghetti with meat sauce, Fettucine Alfredo, Lasagna Classico, Chicken Alfredo, and chicken parmigiana. Dishes start at $11.99. Guests can mix and match among the dishes with each refill, and can also order unlimited soup, salad and breadsticks. The offer lasts through March 6. This latest promotion adds to the Olive Garden's list of "never ending" promotions, which includes the "Never Ending Pasta Bowl" and the "Never Ending Pasta Pass" that allows seven weeks of access to the brand's unlimited pasta bowl offer. Darden shares are unchanged in premarket trading and up 18.6% for the last year. The S&P 500 index is up 19.1% for past 12 months.

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.


Mon, 23 Jan 2017 14:20:59 GMT
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Amazon to create 1,000 jobs by opening its first fulfillment center in ColoradoExternal Link

Amazon.com Inc. announced Monday plans to open its first fulfillment center in Colorado, which the e-commerce giant said it expects will create 1,000 new full-time jobs. The one-million square foot facility will be opened in Aurora, which is less than 20 miles north of Denver. Amazon said the new jobs will pay 30% more than traditional retail jobs and receive benefits, including tuition reimbursement. Amazon already has "hundreds" of employees working at a sortation center in Aurora. Amazon's stock, which slipped 0.3% in premarket trade, has rallied 36% over the past 12 months, while the S&P 500 has gained 19%.

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.


Mon, 23 Jan 2017 14:00:26 GMT
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Avaya withdraws IPO after bankruptcy filingExternal Link

Avaya Holdings Corp., a communications and technology company, withdrew its initial public offering, according to a filing Monday. Avaya said it is withdrawing the IPO because its principal U.S. operating subsidiary filed for chapter 11 bankruptcy protection. Avaya had filed to go public in June 2011.

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.


Mon, 23 Jan 2017 13:57:36 GMT
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