ThinkstockRetail sales rose more than expected in the month of April. The Commerce Department reported that overall sales rose by 0.1%, and ex-autos they fell by 0.1%. Bloomberg was calling for a drop on…
JonOgg/NYCMonster Beverage Corp. (NASDAQ: MNST) had been one of the great American beverage growth stories. With its earnings report on the heels of so much controversy about the safety of energy drinks, it is…
ThinkstockPrivately held Oreck Corp., maker of upright vacuum cleaners and other cleaning products, has filed for protection under Chapter 11 of the bankruptcy code. The company may reach an agreement within days to sell…
courtesy of the Walt Disney Co.The Walt Disney Company (NYSE: DIS) has released its first-quarter earnings report. Earnings rose by 32% to $0.83 per share from $0.63 in the prior-year quarter. Outside of items…
courtesy of KFCFood safety authorities in Shanghai are investigating a meat wholesaler that supplies a Chinese restaurant chain with lamb. The Little Sheep restaurant chain is owned by Yum! Brands Inc. (NYSE: YUM), and…
Brian Solis, via Wikimedia CommonsThe corporate earnings report from Facebook Inc. (NASDAQ: FB) has shares trading higher the day after the report. Many analysts have keyed in discussing many metrics, but the reality is…
Courtesy Herbalife Ltd.Herbalife Ltd. (NYSE: HLF) is a true battleground stock, and the short seller versus activist investor war is about to heat up all over again. This will be a key focus for…
Courtesy The Procter & Gamble Co.Since consumer products giant Procter & Gamble Co. (NYSE: PG) reported less than stellar results this morning, shares have dropped about 5% and there are new rumblings that CEO…
courtesy of philip morris internationalPhilip Morris International Inc. (NYSE: PM) reported first-quarter results before markets opened this morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.29 on revenue of…
ThinkstockThe turnaround stock story of Rite Aid Corporation (NYSE: RAD) seems to have come under question after a large stock sale from Canadian pharmacy backer Jean Coutu substantially lowered the stake in the company. After…
The Reuters/University of Michigan report on consumer sentiment is out for April. Sentiment took a big hit, falling to 72.3. Bloomberg was expecting a reading of 79.0, and Dow Jones was calling for 79.0…
ThinkstockWholesale inflation may be on the rise, depending on how you view this. The U.S. Labor Department has released its March Producer Price Index showing that the headline PPI was down 0.6%, while the…
ThinkstockIt was just at the end of last week that we offered up a list of the greatest turnaround prospects for 2013. Rite Aid Corp. (NYSE: RAD) would have been on the list, but…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertToday marks the opening of the long-awaited in-store shops at J.C. Penney Co. Inc. (NYSE: JCP) stores. About 500 of the company’s 1,100 stores will unveil…
Thinkstock24/7 Wall St. tries to evaluate what the cost of each major holiday will be, or what the economic contribution is. The National Retail Federation tallies each holiday up using data from BIGinsight and…