ThinkstockSanderson Farms Inc. (NASDAQ: SAFM) reported fourth-quarter and full fiscal 2012 results before markets opened this morning. The poultry processing firm reported diluted earnings per share (EPS) of $0.41 on revenues of $648.4 million.…
ThinkstockOnline sales for the first 44 days of this year’s holiday shopping season totaled $33.8 billion, up 13% over last year’s total of $30 billion. Last week, shoppers spend nearly $7 billion, including $1.275…
ThinkstockThe Bureau of Labor Statistics is out with its reading on inflation. In November, the Consumer Price Index was -0.3% on the headline, and the core rate, excluding food and energy, rose by 0.1%.…
ThinkstockIn a settlement announcement today, the European Union’s competition commission formally accepted the offer from Apple Inc. (NASDAQ: AAPL) and four publishing houses that will substantially change the rules under which Apple and the…
ThinkstockPier 1 Imports Inc. (NYSE: PIR) reported third-quarter fiscal 2013 results before the markets opened this morning. The home furnishing retailer reported adjusted diluted earnings per share (EPS) of $0.25 on revenues of $424.5…
ThinkstockOnline spending totaled $1.275 billion on Green Monday (December 10th), up 13% year-over-year according to research firm comScore Inc. (NASDAQ: SCOR). For the first 40 days of the holiday shopping season, online spending is…
ThinkstockWhen research firm comScore Inc. (NASDAQ: SCOR) reported holiday online spending a week ago, the company noted a 14% rise in sales. Five days later that increase has dropped slightly to 13%. The decline…
courtesy of Hostess Brands Inc.Today is the deadline for interested bidders to get their bids in for bankrupt Hostess Brands Inc. At last count, about 110 potential bidders had expressed interest. The maker of…
ThinkstockConsumer sentiment as measured by the University of Michigan/Thomson Reuters index fell from 82.7 in October to 74.5 in November. All the talk and news coverage related to the fiscal cliff is having an…
The shut-down of Hostess Brands has created the near-term death of Twinkies. What is so amazing is that there really are real-life character just like in Zombieland who are going to extreme measures to get a…
The top-rated wireless carrier in the U.S. is Verizon Wireless according to a survey conducted recently by Consumer Reports magazine. Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone plc…
Barnes & Noble Inc. (NYSE: BKS) reported fiscal second-quarter 2013 results before markets opened this morning. The bookstore chain reported a diluted earnings per share (EPS) loss of $0.04 on revenues of $1.88 billion.…
courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) has just reported its quarterly earnings. For its quarter end in September, its comparable non-GAAP earnings rose by 36% to $0.64 EPS…
ThinkstockWe are getting more and more data showing that the trends toward online spending for the holidays are continuing to show growth. We have seen data from the likes of Visa Inc. (NYSE: V)…
ThinkstockOver the four-day Thanksgiving holiday weekend, U.S. consumers spent about a third of their gift-giving budgets on consumer electronics gadgets, second only to clothes buying as a percentage of spending. That number comes from…