Costco Wholesale Corp. (NASDAQ: COST) reported fiscal fourth-quarter adjusted diluted earnings per share (EPS) of $1.39 on net sales of $31.52 billion. In the same period a year ago, the warehouse store…
Paul Ausick The three major U.S. stock indexes opened lower this morning following a lowered forecast on global economic growth from the International Monetary Fund (more coverage here). In Asia, Japanese markets are concerned…
The three major U.S. stock indexes opened higher this morning following the Department of Labor’s report that headline unemployment in the U.S. fell to 7.8%, the lowest reading since January 2009 (more…
We have already seen waves of tempered guidance from many of America’s largest companies. Other companies have not said a word about their outlooks. What matters is that this coming week marks…
Several retailers are announcing September same-store sales today, and the reports are generally good. Gains were not as large as in August, but are providing a positive outlook for the coming holiday…
High-end big-box retailer Costco (NASDAQ: COST) had a better September than expected as revenue rose 8% to $9.31 billion. Same-store sales were up 6% worldwide. Excluding gas prices, the increase was 5%.…
Can the activist Starboard Value L.P. fund run Office Depot Inc. (NYSE: ODP) better than its management or the managements of competitors Staples Inc. (NASDAQ: SPLS) or Office Max Inc. (NYSE: OMX) have been able…
courtesy NintendoAfter more than a year since the product’s introduction, the Nintendo Wii U game controller finally has pricing, shipping dates, and more details on what the device can do. The company…
What happened to the market as a whole today hardly mattered. The DJIA was up only 0.07% to 13,335. But, almost all of the news was focused on a handful of stocks. The Apple Inc.…
Consumers boosted their spending in July by a seasonally adjusted 0.4%, according to the latest Commerce Department data. That was the biggest gain in five months, as aftertax incomes continued to grow…
Several retailers are announcing August same-store sales today, and the reports are generally good. The good results are pushing share prices close to or above current highs. Here’s a rundown: Macy’s Inc.…
Costco Wholesale Corp. (NASDAQ: COST) reported that for August, comparable-store sales gained 6% year-over-year, and that its total sales increased 8% to $7.4 billion. Analysts polled by Thomson Reuters had a consensus…
Either the market does not believe that Best Buy’s (NYSE: BBY) new CEO Hubert Joly, former head of hotel operator Carlson, can turn the consumer electronics retailer around, or fears have grown…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings showing that there have been some significant changes in the positions of the Berkshire…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
