comScore (NASDAQ : SCOR) reported U.S. retail e-commerce spending for the first 25 days of the November – December 2011 holiday season. For the holiday season-to-date, $12.7 billion has been spent online, marking…
Several retail research firms believe that “Black Friday” store traffic could trump that of the last three years. But, that does not mean the shopping season will be a success. The “Black…
Douglas A. McIntyre Many stores are planning to open early on Black Friday in an effort to get a jump on holiday shopping, but spending increases are not expected to rise more than 3% or…
The purchasing managers indices of China, German and France all signaled slow growth or contraction in November. It is a sign that demand for exports and consumer expenditures are in free fall. China and…
Amazon.com Inc. (NASDAQ: AMZN) is back with some dirt cheap offers in smartphones, and some of these may seem to be good to be true. While this may include Verizon Communications Inc.…
Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart are flat,…
The CEOs of Gap (NYSE: GPS) and Best Buy (NYSE: BBY) are at the ends of their respective ropes. If each company has poor holiday sales, as is expected, both chief executives likely…
The weekend break in equity trading may produce more anxiety than relief. As Friday draws to a close, most stock markets probably will be down for the day, and certainly will be…
Greek citizens stage large protests. (Reuters) Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) could be affected when S&P updates its credit ratings on the world’s 30 largest…
BMW said its expects double-digit percentage growth in the U.S. in 2012. And Cadillac says it will launch two new models to compete with BMW next year. Both brands have had sales…
The U.S. Supreme Court will hear arguments about the Obama health care law. (Reuters) Angela Merkel says Europe may face its greatest crisis since World War II. (Reuters) Italy’s Monti will discuss…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter,…
Target (NYSE: TGT) announced in late 2009 that it would no longer use Amazon.com’s (NASDAQ: AMZN) tech platform to run Target.com. The country’s second largest retailer wanted to completely control its online…
Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a major holiday effort to drive extra revenue. (Reuters) Appetite for Olympus shares…
Each morning 24/7 Wall St. issues a summary list of key analyst upgrades, downgrades, and initiations issued by Wall Street research firms. We review these calls and other calls made throughout the…
