ThinkstockRetailers are announcing March same-store sales figures today. Research firm Retail Metrics projected an overall gain of 1.5% year-over-year, compared with a 2% gain in February and a 3.9% gain in March…
Many retailers will be reporting March same-store sales later this week, and the outlook is not pretty. According to research firm Retail Metrics, same-store sales will rise just 1.6% year-over-year in March.…
Jon OggThese are some of the top analyst upgrades, downgrades and reiterations seen by 24/7 Wall St. from the key Wall St. research calls this Wednesday. Boeing Co. (NYSE: BA) reiterated Buy with…
U.S. equity markets opened lower this morning but never managed to hold a position in positive territory. Despite a significant drop in U.K. industrial production in February, the country’s trade deficit was…
ThinkstockCostco Wholesale Corp. (NASDAQ: COST) reported second-quarter fiscal 2013 results before markets opened this morning. The warehouse club retailer reported diluted earnings per share (EPS) of $1.24 on revenues of $24.34 billion.…
courtesy of AOL, IncYahoo! Inc. (NASDAQ: YHOO) workers worry that overly high standards for job candidates set by CEO Marissa Mayer have hurt rebuilding the workforce. (Reuters) The MGM board may set…
ThinkstockRetailers are announcing February same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year, compared with a 5.1% gain in January and a 4.2% gain in February…
courtesy Best Buy Co. Inc.All industries in American business change and evolve over time. In some cases it is due to technological change, internal change within the specific industry, changes in consumer…
ThinkstockAfter three consecutive years of 4%+ same-store sales growth in the month of February, the outlook for the month in 2013 calls for growth of 2.7%, primarily on a forecast of weaker…
ThinkstockWe have seen some key changes to the Argus Research Institutional Model Portfolio this morning. It is suggesting that investors add shares of Coach Inc. (NYSE: COH) and Costco Wholesale Corp. (NASDAQ:…
ThinkstockCostco Wholesale Corp.’s (NASDAQ: COST) annual sales run above $100 billion, more than twice J.C. Penney Co Inc.’s (NYSE: JCP) and Macy’s Inc.’s (NYSE: M) combined, and nearly 40% of those of…
thinkstockThe stock market is supposed to fall after reaching nearly all-time highs, because $85 billion in budget cuts have begun. But these will not move the stock market down, at least not for…
courtesy of Office DepotRumors came out over the weekend that Office Depot Inc. (NYSE: ODP) and OfficeMax Inc. (NYSE: OMX) finally are considering a long-awaited and long-speculated merger. This will not be…
ThinkstockOne of the world’s leading luxury brand has filed a suit against one of the world’s largest discount retailers over allegedly false claims on engagement rings. Tiffany & Co. (NYSE: TIF) is…
courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a…
