JC Penney Stock Rallies Into the Holidays
After nearly disappearing, J.C. Penney has made it back to the point at which one good holiday period will put it in that part of the retail sector where companies have the chance for…
All Work
Douglas A. McIntyre
Apple’s Market Cap Soars Toward $700 Billion
If Apple's share price rises another 4%, the company's market cap will jump above $700 billion. A few catalysts could push Apple back to its 52-week high.
Gas Prices Drop Below $2 in 9 States
Gasoline prices continue to fall across the United States, but they vary considerably from state to state.
S&P Cuts Saudi Arabia Rating to A+/A-1, Outlook Negative
The price of oil and Saudi Arabia’s inability to support its finances indefinitely in the face of the crude price drop have triggered a downgrade by credit rating agency S&P The announcement: On Oct.…
What Can Target Expect From Its New International Website?
Target has almost no footprint overseas. Management has a plan that it believes can make that shortcoming disappear.
Starbucks Opens 1,677 New Stores
One measure of the long-term strength of Starbucks is how many new stores it opened in the fiscal year just ended. That put its global total at more than 23,000 in 68 countries.
10 Brands That Will Disappear in 2016
Thinkstock Each year, 24/7 Wall St. identifies 10 American brands that we predict will disappear, either through bankruptcies or because of mergers. Bankruptcies of large public companies in 2015 have already exceeded 2014 totals. Similarly,…
10 Brands That Will Disappear in 2016
Each year, 24/7 Wall St. identifies 10 American brands that we predict will disappear, either through bankruptcies or because of mergers. Bankruptcies of large public companies in 2015 have already exceeded 2014 totals. Similarly,…
Apple iPhone Market Share Surges
According to Strategic Analytics, total smartphone sales were not impressive in the third quarter. But Apple continues to gain share from its competitors.
World Series Tickets Hit $5,770 for New York Game
As the Mets and Royals move to Citi Field in New York to play the October 30 game, the highest priced tickets have become particularly affordable, at least for the rich.
10 Brands That Will Disappear in 2016
ThinkstockEach year, 24/7 Wall St. identifies 10 American brands that we predict will disappear, either through bankruptcies or because of mergers. Bankruptcies of large public companies in 2015 have already exceeded 2014 totals. Similarly,…
IBM Buyout of Weather Co. Would Be Another Huge Mistake
New rumors suggest that IBM will buy the digital businesses of Weather Co., which operates The Weather Channel.
Apple Moves On to iPhone 7
The iPhone 7 will have to be an extraordinary advance over the iPhone 6 family, or Apple will be in the sort of trouble pessimists expect when it finally hits a wall with product…
Volkswagen Revenue Rises 5%
As expected, Volkswagen posted a loss due to costs related with its diesel emission scandal. However, revenue rose more than 5%.
The 10 Most Profitable Companies in the World
ThinkstockIn the second quarter of this year, U.S. corporate profits totalled $1.8 trillion after taxes. Massive corporate profit is not limited to the United States, although many of the world’s most profitable companies, including…
Ford Sales Expected to Surge in October
October will be another banner month for car sales. Kelley Blue Book expects the overall industry to post a gain of nearly 12%.
Apple Short Interest Ticks Higher Ahead of Earnings
Short interest in Apple shares ticked higher ahead of the huge tech company's earnings, mirroring the ambivalence about Apple's near-term prospects.
Why Sprint Short Interest Is Surging
Concerns about whether a turnaround of embattled wireless company Sprint could work are reflected in the short interest in the stock.
Sprint’s Turnaround Prospects Dim
Brand power, distribution and quality rule in a business where all companies have the same products and nearly the same subscription plans for customers.
McDonald’s 1,000 Calorie Breakfast
courtesy of McDonald's Corp.Among the efforts McDonald’s (NYSE: MCD) is counting on to turn itself around is its “24 Hour Breakfast”, and a move to lower calorie, lower fat fast food than it sold…