White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but there…
ThinkstockRetailers are announcing January same-store sales figures today. Research firm Retail Metrics projects an overall gain of 2.8% year-over-year, compared with a 4.8% gain in December and a 2.9% gain in January…
The death of the endless growth of Wal-Mart Stores Inc. (NYSE: WMT) is finally upon us. That is at least what J.P. Morgan Chase would lead you to believe. The bulge-bracket investment banking…
ThinkstockSame-store sales for January are scheduled to be released this Thursday, and the consensus projection from research firm Retail Metrics calls for an increase of 2.8% compared with January of 2012. Excluding…
Wikimedia CommonsBased on a crude calculation of Amazon.com Inc.’s (NASDAQ: AMZN) holiday sales, its forecast revenue for the current quarter and its revenue growth rate, the e-commerce’s firm will reach $100 billion…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Alcatel-Lucent S.A (NYSE: ALU) raised to Neutral from Sell at Citigroup. Baker…
ThinkstockConsumer electronics retailer hhgregg inc. (NYSE: HGG) announced preliminary results for its fiscal third quarter this morning, and the results were not pretty. The company expects quarterly sales to be down 3.6%…
ThinkstockRetailers are announcing December same-store sales figures today and, to tell the truth, expectations are pretty low. Research firm Retail Metrics projects an overall gain of just 1.9% year-over-year, sharply lower than…
U.S. equity markets opened higher this morning following yesterday’s gains with another good start. In Asia, the North Korean rocket launch did not cause markets to run for cover and a very…
ThinkstockCostco Wholesale Corp. (NASDAQ: COST) reported first-quarter fiscal 2013 results before markets opened this morning. The big-box club store posted diluted earnings per share (EPS) of $0.95 on revenue of $23.2 billion. In…
Paul Ausick Guillaume Paumier / Wikimedia Commons, CC-BY-3.0Facebook Inc. (NASDAQ: FB) was the No. 1 company on the Glassdoor Employees’ Choice Awards, a list of the 50 Best Places to Work for 2013. This…
U.S. equity markets opened higher this morning on hopeful sentiment that negotiations related to the approaching fiscal cliff might show some progress. In Asia, that sentiment helped push shares higher at most…
ThinkstockThe top 1% in the United States are about to get much richer because of the number of corporations that have accelerated dividend payments into 2012 so that their investors can avoid…
ThinkstockGerman Economy Stable The ZEW Indicator of Economic Sentiment for Germany improved a bit, which must be a relief for those who believe that Europe’s largest economy by gross domestic product continues…
