It is rare, but some new chief executives fail early -- just after they begin their new jobs. That leaves boards with impossible decisions. How will the stock market react to the ... Read Full Story »
Lost in the last night’s commotion over the $2 billion loss at JPMorgan Chase & Co. (NYSE: JPM) were weak reports from retail Nordstrom Inc. (NYSE: JWN), Kohl’s Corp. (NYSE: ... Read Full Story »
The major US stock indexes opened sharply lower again this morning as investors consider Greece’s commitment to the austerity measures it had previously agreed to. Renegotiating the deal seems out ... Read Full Story »
Macy’s Inc. (NYSE: M) reported first quarter results this morning that beat estimates on both EPS and revenues. The soft spot was the company’s guidance, and that is taking the ... Read Full Story »
24/7 Wall St. often looks at the key earnings reports scheduled for the week ahead. We have the bulk of the S&P 500 earnings behind us and we are now ... Read Full Story »
The final projections from Retail Metrics are out and April is looking as though the same-store sales are going to come in up only 1.5%. If so, this will mark ... Read Full Story »
The research firm Retail Metrics is out signaling better than expected retail sales should be the norm this week when companies report their March same-store sales figures. The report noted ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) Maintained Sell with $2.00 target at S&P. ... Read Full Story »
Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers -- in some cases, much better than expected. We have reports from 15 ... Read Full Story »
Retail Metrics is out with its preliminary expectation for February same-store sales data to be released later in the week. Keep in mind that February has an extra day compared ... Read Full Story »
The past few years have been challenging for the retailing industry, and there are signs that 2012 will be no different. One key metric used to judge the health ... Read Full Story »
Thursday is a fairly busy day for earnings expectations. We are expecting the following reports: Advance Auto Parts Inc. (NYSE: AAP); Apache Corporation (NYSE: APA); Applied Materials Inc. (NASDAQ: AMAT); ... Read Full Story »
Earnings season is starting to slow down a bit but we will still have some sector-moving earnings reports from major companies. 24/7 Wall St. has prepared earnings previews for the following companies: ... Read Full Story »
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: ... Read Full Story »
Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and ... Read Full Story »