The new Wal-Mart (WMT) super-store in Columbia, Kentucky is longer than the aircraft carrier USS Enterprise which is docked on the West Side of Manhattan. The retail outlet’s ceilings are taller than those below…
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It was built for the 1964 World’s Fair in New York and was moved to…
Some figures picked up in the media from research house ShopperTrak showed retail sales on Black Friday up 3%, which was much better than the most gloomy forecasts. The level of consumer spending may…
Microsoft (MSFT) is well along in talks to control and eventually buy Yahoo!’s (YHOO) search business for $20 billion, according to a report in the Times of London. AllThingsDigital says no such deal is…
Santa is for suckers. At least, that is the conventional wisdom The 2008 holiday season was supposed to be the worst in years, or, perhaps decades. Analysts have forecast retail sales to be down…
GM (GM) would like to get some unsecured debt-holders to swap their crumbling paper for equity in the failing auto marker. It may appear that this would solve a problem, but it creates several…
Saudi Arabia says OPEC needs to drop production until oil moves back above $75 a barrel. As the largest member in the cartel, it would seem that the kingdom would get its way. No…
Just days after boosting his stake to 10%, Bill Gates’ investment vehicles, Cascade Investment and Bill & Melinda Gates Foundation Trust, continue to scoop up shares of battered auto retailer AutoNation, Inc. (NYSE: AN).…
Clearwire Corporation (NASDAQ:CLWR) will be trading with the "CLWRD" ticker for the first 20 trading days. While many ticker changes are not good, this one is. Clearwire and Sprint Nextel Corporation (NYSE: S) have…
Reverse spilts are the tools of companies which cannot keep their share prices up through good management and sound operation. Most firms that resort to them want to keep their stocks above $1 to…
Ford (F) made another perverse move up today rising as much as 22% to $2.64. At this juncture, even if the federal govenment does extend loans to the US car companies the firms will…
Bailouts, handouts, subsidies, and free money be damned. In times when most large financial institutions are lining up for their share of TARP funds, there are many regional banks out there which have decided…
In a time of trouble, crisis, and inability to raise capital, there are many banks out there which have decided to refuse the government’s bailout TARP funds. These banks appear to be more solid…
In the past month, gold mining stocks have hit new 52-week lows. On October 27th, Barrick Gold Corporation (NYSE:ABX) bottomed out at $17.27, Goldcorp (NYSE:GG) hit $13.84 on the same day, and Newmont Mining…
Accoring to Reuters, Japan’s industrial output fell sharply in October. Reuters reports that stores are courting careful customers this Black Friday. Reuters report that Panasonic shares fell to a five year low based on…