Why Does 7-Eleven Have 52,000 Stores?
7-Eleven Inc.From a single location in Texas in 1927, the 7-Eleven empire has grown to more than 52,000 stores in 15 countries. Those stores are no longer owned by a U.S. company but by…
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Paul Ausick
Sprint Fined $7.5 Million for Do-Not-Call Violations
courtesy of Sprint Corp.The largest fine ever assessed by the Federal Communications Commission (FCC) for violations of the Do Not Call law was levied against Sprint Corp. (NYSE: S) today. The FCC fined the…
The 4 Stocks That Propped Up the Dow
thinkstockMay 19, 2014: Markets opened lower on Monday but look to close the day on the upside, even if just barely. There was no economic news of note today, no major earnings results, and…
This Week’s IPOs: JD.com, SunEdison Semiconductors, Parsley Energy, Five Others
ThinkstockThe coming week is another busy one for initial public offerings (IPOs) with eight scheduled to price and begin trading this week. Here’s our look at what’s on offer. JD.com Inc. is a Beijing-based…
Protests in Store for McDonald’s Annual Meeting
A week following last Thursday's global strikes and protests in 230 cities, hundreds of workers at McDonald's are planning to travel to this Thursday's annual shareholders' meeting.
Online Real Estate Stocks on the Upswing
Online real-estate listing companies Zillow, Trulia and Move are all getting a bounce of about 3% on Monday, but it's probably a stretch to say that all are moving up for the same reason.
J.C. Penney Stock Giving Back Some Gains
Shares of J.C. Penney jumped more than 16% last Friday after the company posted surprisingly good first-quarter results Thursday evening. But the stock was down about 3% Monday morning.
Is BlackBerry’s Strategy Working?
When BlackBerry announced its quarterly results in late December last year, the company revealed that it had entered a five-year deal with Hon Hai Precision Manufacturing, better known as Foxconn.
France Continues Battle Against GE Bid for Alstom
Wikimedia CommonsGeneral Electric Co.’s (NYSE: GE) $16.9 billion bid for the power division of France’s Alstom has not gone down well with the government of French President François Hollande. The government is so unhappy…
Campbell Soup Slices Guidance
Campbell Soup reported mixed third-quarter fiscal 2014 results and offered revised guidance before markets opened on Monday morning. Shares were down about 4.7% in premarket trading.
Twitter Shares Fell Again Last Week
The stock price plunge at Twitter began on April 29 when the company reported first-quarter results that included a marked slowdown in user growth. Shares are down nearly 25% since then.
Most Americans Are Smarter Than the Average American
ThinkstockRegardless of the fact that the U.S. educational system was ranked just 14th in the world in a recent report and an even lower 20th in overall educational attainment, most of us believe that…
AT&T Deal for DirecTV Gets Board Votes Sunday
When word got out in early May that AT&T was considering a buyout of DirecTV, the satellite company's stock was trading at around $75 to $78 a share. Shares closed on Friday at $86.18.
More Reason to Hate Your Cable Company
ThinkstockWhen the American Customer Satisfaction Index (ACSI) last looked at pay TV providers, the view was not very pretty. A report released Friday by the Federal Communications Commission (FCC) likely reveals why. Reliability and…
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%.
Thermonuclear War Between Apple and Google Ends
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.
Red Lobster Never Recovered From the Great Recession
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…
The 4 Stocks That Breathed Life into the Dow
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…
J.C. Penney Not Out of the Woods Yet
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…
TrueCar Surprises With Upside Despite Poor IPO Pricing
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…