Today’s Retail Business Daily has a roundup of names in the retail sector that are responding to changes and news in the Industry. The market continues to improve for many top retailers. A combination…
Investors are going to get to see some very pleasant surprises on the same store sales data for the month of March 2010 from major retailers. The media will likely tout this as further…
3D television screens for the home are relatively new. Sony (SNE) has said that it will base a good deal of its future as a consumer electronic company on the technology. Samsung and Panasonic have…
Fuqi International Inc. (NASDAQ: FUQI) got killed last night and things are not looking bright this morning. The Chinese jewelry designer found “accounting errors” which led to overstated profits for the first three quarters…
You might not believe it, but the Federal Reserve noted that January’s consumer credit rose by 2.4% in January by $4.96 billion to $2.456 trillion. This marks the first time we have seen a…
eBay Inc. (NASDAQ: EBAY) looks mixed on the reaction despite the positive headline data. The online auction monopoly posted $0.44 non-GAAP EPS on $2.37 billion in revenues. Thomson Reuters had estimates at $0.40 EPS…
Two trillion cigarettes are sold in China each year. Sixty-percent of adult men in the People’s Republic are smokers. The AP reports that China will ban smoking indoors in seven of the nation’s big provincial…
Eastman Kodak Company (NYSE: EK) was a huge mover yesterday on no news. The trading was actually muted, but it was the huge amount of options trading that came in the form of the…
Eastman Kodak Co. (NYSE: EK) has been one of the greatest American brands and great American success stories…. of our parents’ lives. For the last decade this has been a perpetual turnaround story with…
eBay Inc. (NASDAQ: EBAY) may be the unexpected winner of cyber-shopping for the 2009 holiday shopping season. Today, the company released data showing that its PayPal unit posted strong gains for yesterday on the…
Black Friday is under 48 hours away. We have seen much data and much analysis out there on the topic, but there are two fairly easy conclusions here…. well, make it three. First is…
eBay Inc. (NASDAQ: EBAY) is having an issue which may have just cost sellers millions and millions of dollars in untold profits today. After doing random searches today on Christmas present purchases and with eBay…
Burlington Northern Santa Fe Corp (NYSE: BNI) surged close to 30% to a yearly high of $97.59 following news that Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) will be buying the freight rail operator for…
Cisco (NASDAQ:CSCO) may control most of the global router and enterprise video conferencing business, but it wants a bigger footprint in home video delivery. Silicon Valley’s biggest M&A machine has snapped up China set-top…
The consumer is still strapped. The Commerce Department posted its data for September’s personal income and spending, and frankly it almost makes you question yesterday’s GDP data. The report showed that Personal Income was…