The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But the dollar…
Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings early on Thursday morning. This earnings report is likely to be very different from any prior earnings report due to all of…
Big box retailer Target Corp. (NYSE: TGT) announced first quarter earnings this morning that were better than consensus estimates, and the company also raised its outlook for 2012. Target is the first…
Two of the three major US stock indexes opened higher this morning as investors reacted to the news from Greece that no government could be formed and that a second election will…
JCPenney (NYSE: JCP) was set to be the next Sears or Kmart. But then Ron Johnson came on as CEO after a run as the head of Apple’s (NASDAQ: AAPL) retail stores. JCPenney’s…
Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and include the…
It is not unusual for large American public companies to be controlled by a founder, a founding family or a corporation that bought out the large majority of shareholders at some time…
Wal-Mart Stores Inc. (NYSE: WMT) is still deep in the soup. Since the news broke over the weekend over bribes in Mexico involving its current and former top-brass, Wal-Mart shares have slid…
The Walmart statement of ethics is the core of the company’s values: Each business organization Walmart operates is expected to have a complete set of policies providing guidance to associates for whatever country they are working in. Walmart also publishes…
Big box retailer Target Corp. (NYSE: TGT) this morning announced a 7.3% same-store sales boost in March compared with March 2011. The company’s CEO was pleasantly surprised: March sales were well above…
Paul Ausick Vringo Inc. (AMEX: VRNG) has filed a Form S-3 with the US Securities and Exchange Commission announcing the sale of 2.76 million shares of the company’s stock on behalf of existing shareholders.…
Tesco (NASDAQ: TESO), the largest retailer in the UK, said it would add 20,000 jobs between now and 2014. It is the largest employer in the UK, with 270,000 workers. The move…
Anheuser-Busch InBev NV may buy China’s Kingway Brewery Holdings’ assets. (Reuters) The Department of Justice is expected to widen its probe of mortgage-backed securities. (Reuters) AT&T (NYSE: T) sets new standards that will impose penalties…
