Earnings from Sears Holdings Corp. (NASDAQ: SHLD) were so awful that Wall Street pushed its stock price down close to 10%. The question is whether the company can overcome the ... Read Full Story »
In the battle of the billionaire lists, Forbes has held the high ground for years. Now, Bloomberg Billionaires has taken a prominent spot in media coverage. That was boosted yesterday when ... Read Full Story »
Wall Street considered almost all the news from Wal-Mart Stores Inc.'s (NYSE: WMT) earings as bad. U.S. comp sales declined 1.4% in the 13-week period from Jan. 26 to April 26, 2013, ... Read Full Story »
Record Air Traffic This Summer For those who do not have to travel by air this summer -- don't. The number of seats filled will hit near-record levels. Airports will be ... Read Full Story »
The European Central Bank may begin to identify weak banks and deny them aid. (Reuters)Foxconn, once one of Apple Inc.'s (NASDAQ: AAPL) largest suppliers, says it needs additional time to ... Read Full Story »
U.S. equity markets opened mixed this morning following a blizzard of data releases on the U.S. economy. Before that data came out, however, there was some positive data out of ... Read Full Story »
Wal-Mart Stores Inc. (NYSE: WMT) reported first-quarter fiscal 2014 results before markets opened this morning. The retailing giant posted diluted earnings per share (EPS) of $1.14 on revenues of $114.2 ... Read Full Story »
Berkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett released the conglomerate's stock holdings as of March 31, 2013. This 13F filing with the SEC shows that the company's total equity ... Read Full Story »
U.S. equity markets opened slightly lower this morning following a number of data releases related to the U.S. economy. Producer prices declined in April and the New York manufacturing index ... Read Full Story »
Data show that economic activity in Germany slowed sharply in the first quarter while France fell into recession. (Reuters) Boeing Co. (NYSE: BA) starts to deliver the 787 Dreamliner again. ... Read Full Story »
Retailers are announcing April same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.5% year-over-year, compared with a 2% gain in February and a 1.4% gain ... Read Full Story »
Several companies announced earnings recently, and each one has to withstand suspicions that their successes will be short lived. Based on what some investors can see in the numbers, the ... Read Full Story »
Same-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in February and March rose just 2% and 1.4%, respectively, so the ... Read Full Story »
J.C. Penney Co. Inc. (NYSE: JCP) traded up a little after the retailer gave details about results for its latest quarter. The investors who stepped in made a mistake. The ... Read Full Story »
Since founder Sam Walton stepped down as the company’s CEO in 1988, Wal-Mart Stores Inc. (NYSE: WMT) has had three CEOs, all of whom had long experience with the company ... Read Full Story »