Costco (NASDAQ: COST) continues its extraordinary run as the most successful big box retailer. Its “club membership” system has bettered the more traditional store operations of Wal-Mart (NYSE: WMT) and Target (NYSE:…
With 80% of the 120 companies it tracks having reported first quarter 2012 results, research firm Retail Metrics says that retailers who beat earnings estimates are up 5% year-over-year for the period,…
The California State Teachers’ Retirement System (CalSTRS), by many measures the second largest pension in the United States, has taken the advice of and has joined proxy advisory firms ISS and Glass Lewis in…
Merkel and Hollande will fight over stimulus for the eurozone at the EU summit. (Reuters) The OECD expresses concerns that Europe could slip into a deep recession. (Reuters) The EU debt crisis pushes global…
Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reported first quarter results this morning that were better than expected and the company’s shares are getting a much-needed bounce. The company reported adjusted…
ZyngaZynga’s (NASDAQ: ZNGA) shares are down 15% over the past two days, a little more than those of Facebook (NASDAQ: FB) after its initial public offering. There are several critical difference between the…
The three major US stock indexes opened essentially flat this morning as investors were faced with a flat report on new claims for jobless benefits (our coverage here). Manufacturing data from the…
Neither Sears Holdings Corp. (NASDAQ: SHLD) nor Wal-Mart Stores Inc. (NYSE: WMT) was expected to post big numbers for the quarter just ended. And they didn’t — but the numbers were better…
Famous short-seller David Einhorn attacked Amazon.com (NASDAQ: AMZN) in a presentation recently. The company’s business model will not lead to consistent profits, he said. Therefore, the stock is overvalued. It is not hard…
The European Central Bank no longer offers help to Greek banks it believes are insolvent. (Reuters) Some brokerage firms stop taking orders for Facebook shares. (Reuters) Japan’s gross domestic product rises 3.5%…
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…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings for the Berkshire Hathaway empire. This cut off date is as of March 31,…
Protestors in various cities around the world are “occupying” any parks and streets they can find, to some extent to protest the success of big business as it contrasts the fortunes of…
