What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a ... Read Full Story »
Alibaba hires a Washington lobbying firm in case it decides to bid for all of Yahoo! (NASDAQ: YHOO). (Reuters) Italian yields may fall because of European Central Bank injections of ... Read Full Story »
Stocks open slightly higher this morning, but quickly reversed course to begin falling in less than five minutes of trading. The DJIA hit a morning low just before noon and ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. As usual for the week between Christmas and New Years, ... Read Full Story »
Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT) sells its regional media group for $143 million. (Reuters) The ... Read Full Story »
Research firm ForeSee released its customer satisfaction ratings for the shopping season -- its Holiday E-retail Satisfaction Index. The e-commerce ratings mirror, in most cases, the states of the parent companies’ ... Read Full Story »
US equity markets rose rather steeply in the first hour of trading this morning, but weren’t able to sustain the momentum for long. Consumer confidence indexes rose this month, but ... Read Full Story »
The numbers do not add up. Sears Holdings (NASDAQ: SHLD) has over 4,000 full-line and specialty stores. Same-store sales for the eight weeks that ended December 25 were down 5.2%. ... Read Full Story »
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Sears Holdings Corp. (NASDAQ: SHLD), Parlux Fragrances ... Read Full Story »
Retailers were hoping to put a solid close to the holiday shopping season with plentiful day-after-Christmas sales aimed at wringing out shoppers’ last dollar. That was probably wishful thinking at ... Read Full Story »
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears ... Read Full Story »
Equity markets opened higher this morning as an agreement on dealing with the Eurozone’s debt crisis boosted markets. Shares climbed during the day, recovering some of the losses in yesterday’s ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Citigroup, Inc. (NYSE: C) Started as Equal-Weight by Evercore Partners. ... Read Full Story »
J. C. Penney Company, Inc. (NYSE: JCP) is a company which many investors and outsiders expect to be in a transformation. The first such addition under new management is a ... Read Full Story »
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn ... Read Full Story »