For the quarter ending November 3, Restoration Hardware (RSTO) announced net revenue increased 10.6 percent to $173.7 million compared to $157.1 million in the third quarter of 2006. Loss from operations for the third…
McDonald’s (MCD) same-store worldwide sales rose 8.2% in November. Systemwide sales, including all stores, increased 16.3%. In the U.S., comparable sales increased 4.4% for the month as consumers continue to buy McDonald’s Premium Roast…
Wal-Mart (WMT), which is opening its 100th store in China, says that it expects 30% annual growth in that country. But, according to Reuters recently "the All China Federation of Trade Unions forced the…
Markets in Europe were mixed at 6.15 AM New York time. The FTSE fell .1% to 6,546. Prudential (PUK) rose 2.7% to 716. Reuters (RTRSY) fell 1.1% to 588. The DAXX rose .3% to…
Blackstone (BX) is making a bid for miner Rio Tinto (RTP), at least according to The Telegraph. Rio has a market cap of over $150 billion, and will probably be sold at some kind…
December 6 was the biggest online sales day in history, at least according to comScore. Online buyers spent $803 million dollars that day. up 28% from the same day last year. It is a…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the…
Perhaps online search habits do not always lead to purchases, but, if they do, Nintendo and Apple (AAPL) are in for strong sales in Europe during the holiday season. According to comScore, the most…
According to Reuters, UBS (UBS) will writes down about $10 billion in subprime financial instrument and raise new capital from sources including the Singapore government. Reuters reports that Blackstone (BX) is preparing a bid…
Markets in Asia were mixed. The Nikkei fell.2% to 15,924. NTT (NTT) was up 2.4% to 551000. Sony (SNE) was up 2.7% to 6070. The Hang Seng was down 1.2% to 28.501. China Petroleum…
UBS (UBS) will take another $10 billion in write-offs for subprime debt intruments. According to The Wall Street Journal, "The Government of Singapore Investment Corp. is investing 11 billion francs" to strength the bank’s…
BHP Billiton (BHP) may not get to buy Rio Tinto (RTP). Blackstone (BX) may beat them too it. According to the Telegraph, Blackstone is gettng together a group which may include an investment arm…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chose from the list. The measurements were based on company stock performance for the…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the…
General Electric has its upcoming investor ANNUAL OUTLOOK meeting on Tuesday, December 11, 2007, and this will be an event to watch. The meeting will begin at 3:00 PM EST and we’ll get to…
The large Middle East mobile provider Orascom, has been put on the market. The company has 65 million customers which would make it as large as any provider in the US. Speculation in The…
GM (GM) was hoping to take a controlling interest in large Russian car maker Avtovaz to expand its footprint in the fast-growing market. Many analysts believe that Russian will pass all other countries in…