A new study by the National Federation of Retailers makes a prediction that runs counter to almost every other forecast of holiday shopping activity. The data shows that the number of people who say…
An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart are flat,…
Stock prices plunged this morning and spent most of the day trading way down. The DJIA hovered around -300 points for most of the day, while the NASDAQ was off around -50…
Ace Hardware – Midnight Friday Enter to win a Craftsman 5-drawer Tool Center. A.C. Moore – 5 a.m. Friday Free $10 gift card to the first 50 customers. Bealls – Midnight Friday…
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse. CIGNA Corp. (NYSE:…
The turnaround efforts of new Sears Holdings (NASDAQ: SHLD) CEO Lou D’Ambrosio have died almost before they started. Sears reported especially poor earnings for the quarter that ended October 31. The figures show…
The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close. European stocks traded mixed all day, and that coupled with rising crude…
Two earnings reports this morning offer a contrast in the fortunes of companies that are in different parts of the retail sales chain. Target Corp. (NYSE: TGT) reported adjusted EPS of $0.87…
Earnings season may feel over, but this week is going to be riddled with key earnings reports that can move the market or move their sectors. The key earnings are all hitting…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter,…
Target (NYSE: TGT) announced in late 2009 that it would no longer use Amazon.com’s (NASDAQ: AMZN) tech platform to run Target.com. The country’s second largest retailer wanted to completely control its online…
The retail jamboree known as Black Friday seems to start earlier every year. The door-buster sales used to begin in the wee hours of Friday morning, but several retailers have already announced…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The…
Best Buy Co. (NYSE: BBY) is facing yet one more tough reception of a company action after news that the electronics manufacturer is buying out its British partner of its U.S. mobile…
