Why Walmart Cannot Grow in America
In three of the past four years, Walmart has posted a year-over-year decline in U.S. same-store sales, and the gain the company posted in its 2012 fiscal year was a skimpy 0.2%.
In three of the past four years, Walmart has posted a year-over-year decline in U.S. same-store sales, and the gain the company posted in its 2012 fiscal year was a skimpy 0.2%.
Starbucks must have become so successful recently that its supply chains are strained. It seems to be running out of things more than it used to.
ThinkstockIndia is supposed to be back open for business. After Narendra Modi and the Bharatiya Janata Party won a majority, this is supposed to be solid for getting India back in business without protectionist policies…
ThinkstockStocks hit new highs this past week, only to sell off handily. Investors want gains, but they remain wary. 24/7 Wall St. reviews dozens of analyst research reports from Wall Street and boutique firms…
Apple and Google have agreed to dismiss the existing patent lawsuits between them, but they did not announce a cross-licensing agreement that would have prevented any future legal skirmishes.
Darden Restaurants announced Friday that it has sold its Red Lobster chain to private equity firm Golden Gate Capital. It has been less than six months since Darden first said it would shed that…
ThinkstockWhile it is good to see the national unemployment rate drop, it is even better to see the improvement spread across virtually the entire country. The Bureau of Labor Statistics (BLS) reports that, in…
ThinkstockAmericans will drive more this Memorial Day than last. The AAA forecasts that 36.1 million people will drive more than 50 miles from home during the holiday weekend, up 1.5% from 2013. More than…
thinkstockMay 16, 2014: Markets opened lower on Friday and bounced around the break-even line until about 3 p.m., when the direction turned decidedly positive. The 10-year Treasury yield rose a couple of ticks today…
ThinkstockJust 2.9% of American workers walked to work as of 2012, according to data recently released by the U.S. Census Bureau. However, the Census Bureau notes that there were massive regional differences in the…
courtesy J.C. Penney Co. Inc.A lot of pixels have been burned since J.C. Penney Co. Inc. (NYSE: JCP) reported first quarter after Thursday’s market closed. The struggling retailer beat consensus estimates on both earnings…
ThinkstockJames Bullard, President of the St. Louis Federal Reserve, may have inadvertently caused a small stir in the markets on Friday. After Janet Yellen has been speaking about exceptionally low rates continuing, Bullard hinted…
The initial public offering for TrueCar got off to a rocky start. The stock priced Thursday at $9 a share, well below the expected range of $12 to $14, but shares traded at $10.43…
When Warren Buffett adds a new stock to his Berkshire Hathaway portfolio, everyone notices. When hedge fund managers John Paulson and Kyle Bass add the same stock, everyone pays more attention.
ThinkstockThe Federal Reserve releases its balance sheet details each week. These are no longer moving the credit markets as the perception is that the end of quantitative easing has started via the Fed’s bond…