Wal-Mart Stores Inc. (NYSE: WMT) wanted to buy South Africa’s Massmart chain for about $4.6 billion in 2010. The chain countered with an offer for Walmart to buy 51% for about $2…
When a group including movie studios and streaming video companies released a new streaming format called UltraViolet last October hardly anyone noticed. That’s likely to change now that Amazon.com (NASDAQ: AMZN) has…
99 Cents Only Stores (NYSE: NDN) is set to report earnings on Wednesday. We still want to know if the trap of Family Dollar Stores Inc. (NYSE: FDO) will come into play…
Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple (NASDAQ: AAPL) is likely to pass Exxon Mobil…
It takes a recession to slow what has normally been runaway U.S. health care costs. The trend may be part of a road map to keep costs down. These costs have risen at close…
Douglas A. McIntyre It seems that most investors have started adding income or dividend reinvestment plans to their portfolios by using dividend stocks. With the yields of the 10-Year Treasury close to 2% and the…
Big box retailer Target Corp. (NYSE: TGT) posted a same-store sales gain of 1.6% for December, well short of the consensus estimate of 3.1%. This compares with a 7% same-store sales gain…
After losing about a third of its value in the last year, Best Buy Co. (NYSE: BBY) may start to be thrown around as a private equity takeover name. A report from…
The long slow death march at Sears Holdings Corporation (NASDAQ: SHLD) is turning into a case study of what not do. Putting a hedge fund manager in charge of a huge retailer, and…
Jon OggMost investors are likely glad that 2012 is here to have 2011 behind them. This is an election year and many investors are wondering whether the U.S. and its large companies…
The primary reason, it is often argued, that China is an important market for many large U.S. companies is that its population has doubled since the early 1960s. But the whole picture…
As each new year replaces the prior year, 24/7 Wall St. looks at the individual targets on all 30 Dow Jones Industrial Average price targets from Wall Street analysts to come up…
Customer service surveys cannot entirely distinguish between true, direct customer service on the one hand and brand perception and reputation of the company providing the service on the other. A look at…
What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a merger of…
The numbers do not add up. Sears Holdings (NASDAQ: SHLD) has over 4,000 full-line and specialty stores. Same-store sales for the eight weeks that ended December 25 were down 5.2%. That figure…
