February’s Wholesale Inventory data from the U.S. Commerce Department shows a continued trend of wholesale product inventories being pruned yet again. The reading came in at -1.5% for February, compared to estimates of only…
February’s personal income and spending is not looking like any major recession cuts are keeping households from buying needed goods, but if the math is right then they are spending money they don’t have. …
Jim Cramer’s featured list of stocks this week on CNBC’s MAD MONEY is on companies which have grown or will grow their dividends. Tonight, Cramer touted Proctor & Gamble Co. (NYSE: PG) with a…
Eastman Kodak Company (NYSE: EK) keeps shrinking operations. It doesn’t matter what the GDP numbers and unemployment numbers are. It isn’t even a recession at Eastman Kodak. It is a depression. The company keeps…
Mead Johnson Nutrition Company (NYSE: MJN) has reached the end of its analyst quiet period where the firms who underwrote the deal can now begin their ratings coverage. This was the Bristol-Myers Squibb Co.…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector. We are also…
Everyone keeps looking for the trade-down economy stock plays. These had been great winners in 2008, but some have sold off with the broad market of late. This morning’s earning report from Dollar Tree…
At American Express (AXP) customers are not called customers. They are called “members.” Warren Buffett has probably been a member since 1955. George Soros may go all the way back to 1950. Amex prides…
Blue Nile Inc. (NASDAQ: NILE) has been battered during the recession. While its woes may be far from over, it seems that at least one analyst is trying to call a bottom.
This coming week will mark the earnings reports for two key household consumer stocks, both of which were supposed to be defensive. The Coca-Cola Company (NYSE: KO) reports earnings on Thursday and Pepsico, Inc. (NYSE:…
Traders and investors alike look for defensive stocks with certainty of earnings in hard times like these. Tomorrow we will get earnings from Procter & Gamble Co. (NYSE: PG), and the consumer products giant…
Husbands have long joked that certain segments in their households, such as cosmetics and personal beauty care products, were largely immune from recessions. Many will still joke about this, but the numbers reported by…
Every economist worth his salt assumes that consumer confidence and consumer spending are hitting multi-decade lows in Japan, the EU, and the US. There has been some hope that the disease had not spread…
The ever-weakening economy is driving consumers to lower and lower priced goods. It is called the "trade-down economy" where people buy cheaper goods rather than nothing at all. That is great for the dollar…
There are many stocks which are supposed to be at least somewhat immune to the recession. This notion has become less and less true, even if some of the former recession-proof stocks have not…