Costco (COST) has built its revenue over the years by selling quality goods for low prices. That is in contrast to Target (TGT) and Walmart (WMT) which have reputations for selling cheap products at a…
Reuters: The Fed will try to calm the markets after it raised the discount rate to .75%. Reuters: The head of Toyota (TM) will go to Congress to testify. Reuters: The Fed’s…
Challenger, Gray & Christmas announced that layoffs disclosed by major US firms last month hit 71,482 in January up from 49,094 in December. Downsizing at ten companies made up a third of the…
These are Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Baidu, Inc. (NASDAQ: BIDU) Raised to Neutral at Credit Suisse. Calpine Corp. (NYSE: CPN) Raised to Equal…
It is likely that there were very few winners among retailers this holiday season. Mid-market chains such as Macy’s (NYSE:M) and Nordstrom (NYSE:JWN) probably had bad results. Perennially weak retailers which include Abercrombie & Fitch…
Many investors use the last few weeks of each year to sell stocks on which they have posted losses to help their tax position. Other investors simply clean the dead wood out…
The headlines this morning are that short interest rose a tiny bit on the NYSE and fell on NASDAQ. However, after looking closer into the numbers a different story is being told…
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing…
There are bits of research that say holiday e-commerce sales rose in the double digits over the Thanksgiving weekend and did even better on Monday. E-commerce sales have risen as a total percentage…
Black Friday is under 48 hours away. We have seen much data and much analysis out there on the topic, but there are two fairly easy conclusions here…. well, make it three. …
MasterCard Spending Plus, which tracks retail sales, says that consumer electronics products are moving off the shelves of stores but women’s apparel is not. A Wall Street Journal analysis of the data…
We are right at a week away from the highly awaited Black Friday for 2009’s holiday and Christmas season. As you likely know, this is THE day that retailers look forward to…
Macy’s Inc. (NYSE: M) is showing just how much of a conundrum there is between today’s retail stock valuations and the reality of what to expect from earnings ahead. Macy’s had a…
Earnings season has wound down now with over 85% of the S&P 500 Index having reported. Still, there are some key companies posting their quarterly results and some companies were screened out…
Reuters: China is having trouble managing supply and demand. Reuters: Geithner said the core programs of the TARP are ending. Reuters: Yahoo! (NASDAQ:YHOO) tripled it profits. Reuters: Sun Microsystems (NASDAQ:JAVA) will cut…
