The market is poised for another positive day as investors react to revised GDP numbers which show that the economy grew faster than previously thought at the end of last year. According to the Commerce Department, the economy grew at 3.1% during the fourth quarter, which is higher than analysts had been expecting to see. Going into today's report analysts had been expecting to see revised GDP output of 3.0%. Last month ...

Home furnishing retailer Pier 1 Imports (PIR) is trading slightly higher today ahead of tomorrow's fourth quarter earnings report. With hopes building that the economic recovery is on solid footing, Wall Street will be looking for Pier 1 earnings as an indicator of just how much money people are putting back into their homes. For the quarter, analysts have forecast Pier 1 to report earnings of $0.31 per share. During the same ...