Starbucks growth continues to defy the laws of gravity. Revenue in its last reported quarter grew 21% as its total number of stores rose to over 12,000. But, consumer spending and it huge footprint…
Stocks: (GM)(F)(DCX)(TM) GM says it has cut $9 billion in annual costs. Ford is working on lowering expenses by over $5 billion a year. Daimler has sent German executives to the US to try…
Submitted by CrossProfit on Burlington Northern (BNI) Chinese government officials have gone on the record stating “(acid rain is) a major threat to food and soil safety”. Pollution levels are rising in tandem with…
Wal-Mart’s (WMT) same store sales fell .1% in the US during November. No amount of discountin or ptomotion could stem the company’s deteriorating trend. Perhaps overseas the company can gain back some of its…
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(SNE)(TM)(CHL)(CHU)(PCW)(HBC) Markets in Asia were mixed. The Nikkei rose 1% to 15,885. Bridgestone was up 1.7% to 2440. Canon was down .7% to 5990. Daiwa Securities was up 1% to 1219. Fuji Film…
Stocks: (WMT)(GAP)(GM)(TM)(DCX)(F) According to Reuters, Wall-Mart will enter the Indian market through a tie-up with Bharti Enterprises. The joint venture plans to have several hundred stores in the next four to five years. Reuters…
From Value Discipline Computer Programs and Systems (CPSI) has an incredibly generic name that sounds like a circa-1960 course at college. However, this is a company with a far from generic or prosaic record.…
From 13D Tracker In an amended 13D filing late Wednesday on Friendly Ice Cream Corp. (AMEX: FRN), The Lion Fund disclosed a 14.92% stake (1.18 million shares) in the company. This is up from…
From The Average Joe Investor I can’t say that I really have a whole heck of a lot to say about this, but I couldn’t help but notice that Illinois Tool (NYSE: ITW) is…
By The Average Joe Investor Buyouts seem to be all the rage right now. First we had HCA breaking records with its $33 billion buyout, only to be now topped by Blackstone Group’s $36…
By Yaser Anwar, CSC of Equity Investment Ideas Market Valuation- The Devils In The Details The forward PE of S&P 500 is less than 20, at its previous peak in March 2000, the forward…
By Yaser Anwar, CSC of Equity Investment Ideas There was an interesting article in the WSJ today pertaining to Private Equity deals and shrinking premiums for the companies they buy. My aim is to…
Comscore says that e-commerce spending on the Friday after Thanksgiving rose 42% to $434 million. That has to be good news for Amazon, which is the largest online retail site in the US by…
Stocks: (MNT)(DOX)(CSE)(ERTS)(STZ)(DVA)(GHCI)(DOV)(OSK)(TPX)(COM)(MEL)(ASMI)((VRTX)(ITMN)(IDIX)(HA)(JWN)(CAG)(NTY)(PKD)(GRP)(AMP)(MET)(BAX)(MCK)(CAL)(TFX)(BMC)(HPQ)(GEF)(SEH)(AT)(Q)(AES)(PCG)(GPS)(MU)(BBBY)(NKE)(LIZ)(EMC)(COST)(KMP)(EL)(LLTC)(MXIM)(ADI)(ALTR)(BAC)(SCHW)(AVP) Bank of America made a smart move by purchasing US Trust from Charles Schwab It should take the bank from the nine place to fifth place among all providers of banking to…
Stocks: (WMT)(GM) George Will, the conservative thinker, believes that Wall Mart has done more for the poor in the US than the federal govenment has. Old news. But, if Wal-Mart’s current malaise in the…
Texas Instuments has not done too well lately. While short interest in the company’s stock fell sharply in November, down 9.1 million shares to 27.1 million shares, the stock has dropped from $34 at…
Short interest in Verizon fell over 9 million shares in November to 35.3 million. It would appear that at least some on Wall St. do not want to underestimate Verizon’s bet on fiber-to-the-home. The…
Stocks: (XMSR)(SIRI) The CEO of Sirius is at it again. A merger with XM? Maybe. Mel Karmizan, the head of Sirius is playing "cat and mouse" with investors and the press. Since Sirius is…
(WMT)(AMZN) t has been a number of years since the Victoria’s Secret site was down due to the huge number of people who wanted to see the live introduction of its new lingerie line.…
Stocks: (DCX)(GM)(F)(TM) Early in the year, GM was viewed as the one of the Big Three most likely to fail. Its stock fell to $18 (it now trades at $31) as the market doubted…