US retailers will report April same-store sales results this week and the outlook calls for a substantial drop from March’s gain of 3.9% to an April rise of just 1.4%. The data comes from…
gemphotography/ThinkStockGolf equipment maker Callaway Golf Co. (NYSE: ELY) reported first-quarter results this morning that missed expectations, but the worse news was that the company sharply lowered its guidance for the first half of 2012.…
Consumer goods giant Procter & Gamble Co. (NYSE: PG) reported third fiscal quarter results this morning that were about in-line with expectations, but the company’s lowered full-year forecast is pushing shares down. Johnson &…
Altria Group Inc. (NYSE: MO), the maker of Marlboro cigarettes and other products, reported earnings this morning that did not match expectations. The consensus estimate for EPS was $0.49 and the revenue estimate came…
Tiffany & Co. (NYSE: TIF) is widely thought of as the king of high-end jewelry. While many local high-end jewelry stores compete with Tiffany in local markets, it is hard to imagine that Costco…
The high-end of the retail market has faced a few bumps in the first calendar quarter of 2012, with gasoline prices on a steady march higher while home prices continue to sink. Today’s earnings…
The Conference Board has released its reading for Consumer Confidence for the month of April. April’s reading came in at 69.2 and this is a slight disappointment. Bloomberg had a consensus expectation from its…
Tobacco merchant Reynolds American Inc. (NYSE: RAI) reported first quarter earnings this morning, and posted a clear miss. Adjusted EPS came in at $0.63, lower than the consensus estimate of $0.65. Revenues totaled $1.93…
Wal-Mart Stores, Inc. (NYSE: WMT) may have caused some irreparable damage to its investors. This bribery scandal in Mexico looks very small if you just look at the raw dollars for a company which…
Kimberly-Clark Corp. (NYSE: KMB) posted earnings and revenues this morning that exceeded expectations, setting the stage for next week’s reports from Procter & Gamble Co. (NYSE: PG) and Colgate-Palmolive Co. (NYSE: CL). Kimberly-Clark posted…
Among the more developed countries of Asia — China, Japan, South Korea, and Taiwan — the top global brand is Apple Inc. (NASDAQ: AAPL) in three and trails only a local brand in South…
TeavanaTeavana Holdings, Inc. (NYSE: TEA) is making an acquisition and it appears to be a smart move. Rather than taking the slow build out approach, the company is paying $26.9 million to acquire the…
The Labor Department’s report on producer prices took out some of the inflation fears on Thursday and now we have the reading for the Consumer Price Index for the month of March. The headline…
Bed Bath & Beyond Inc. (NASDAQ: BBBY) is facing an unusual call this morning. Canaccord Genuity has downgraded the rating to “Hold” from “Buy.” The team noted, “We calculate that BBBY’s market share declined…
If inflation is rising it is not quite so evident in the wholesale inflation data. The Producer Price Index for March was reported as Flat or 0.0% and the core rate which takes out…