Costco's (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. ... Read Full Story »
The Fed is expected to do nearly nothing as its members meet during the middle of this week. That nothing is in the face of what is now almost certainly ... Read Full Story »
Reuters: The Congressional Oversight Panel said the Treasury should do more to get toxic assets off bank balance sheets. Reuters: A federal judge still refuses to sign off on an ... Read Full Story »
Markets in Asia rose modestly. The Nikkei was higher by .6% to 10,586. Honda (HMC) was flat after rising for several days. The Hang Seng was up by .1% to ... Read Full Story »
Rosetta Stone Inc. (NYSE: RST) has just filed with the SEC for a public offering of common stock. The language learning software leader filed to sell some 4,697,750 shares, which ... Read Full Story »
Genzyme Corp. (NASDAQ: GENZ) has taken steps to remedy its situation with the FDA and to remedy its image. Genzyme issued some new guidance with an investor update and said ... Read Full Story »
The Administration has a bit of a problem. The cap on the national debt, which must be approved by Congress, is $12.1 trillion. The Treasury is borrowing money so fast ... Read Full Story »
The Apple (AAPL) App Store, with over 1.5 billion application downloads, has become a tremendous market where software developers can sell their products. Individuals or corporations must register with Apple ... Read Full Story »
Dendreon Corp. (NASDAQ: DNDN) has its quarterly results out, although it is via SEC Filing rather than via a press release. We had this on deck for a report this ... Read Full Story »
Nortel Networks Corp. (NRTLQ) is just about done. This morning came the final announcement which we have been expecting for longer than imaginable. We named CEO Mike Zafirovski as one ... Read Full Story »
Diabetes is becoming an epidemic in the U.S. and the Western World. The ties to obesity are often direct, so the potential treatments are often directly tied as well. We ... Read Full Story »
John Tamny of RealClearMarkets The great economist Arthur Laffer long ago observed that high rates of taxation don't always correlate with high levels of government revenue. If the tax--or price--put ... Read Full Story »
These are this Monday's top day trader and active trader alert stocks. More detailed price and volume data is provided via a link to each story at VSInvestor.com: Freddie Mac ... Read Full Story »
LogMeIn, Inc. (NASDAQ: LOGM) has only been public since July 1. While the market has done well, this stock has actually come off by about 10% from its IPO post-closing ... Read Full Story »
These are the top ten brokerage firm analyst upgrades and downgrades we have seen from Wall Street early this Monday morning: BT Group (BT) Raised to Overweight at JPMorgan. Callaway ... Read Full Story »