Jon OggPeople will spend endless dollars on their pets in good times and in bad times. PetSmart, Inc. (NASDAQ: PETM) has been proof of that, and its rival PetCo was acquired by private…
Jon C. Ogg ThinkstockBarnes & Noble Inc. (NYSE: BKS) CEO Mitchell Klipper said he would close over a third of the book store firm’s locations. The company has been crushed by online firm Amazon.com Inc. (NASDAQ:…
U.S. equity markets opened higher this morning before dipping following the report on new home sales in the U.S. Stocks regained positive momentum during most of the remaining session. In Europe, Germany’s…
Frank Golhen, via Wikimedia CommonsEarnings season is in full swing and the coming week will have many big earnings announcements. 24/7 Wall St. has provided a brief calendar showing current and ex-DJIA…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. Alliant Techsystems Inc. (NYSE: ATK) cut to Market Perform at FBR Capital…
courtesy Best Buy Co. Inc.Dell Inc. (NASDAQ: DELL) and Best Buy Co. Inc. (NYSE: BBY) are each in trouble as the business environments they helped to create become passe and investors wonder…
Wikimedia CommonsOnce exempt from most state and local sales taxes, Amazon.com Inc. (NASDAQ: AMZN) now collects the taxes in at least nine states, including New York, Texas, California, and Massachusetts. Some early…
ThinkstockA new survey by customer satisfaction research firm ForeSee has found that luxury shoppers are not getting the kind of service they expect from retailers catering to the high-end market. The top…
ThinkstockRetail sales for the holiday season just behind us rose about 4.8%, compared with sales during the 2011 holiday shopping season. Online sales rose by more than 14%, and that growth is…
courtesy of Apple Inc.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 almost certainly will keep first place,…
Chicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters) The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the…
ThinkstockToys“R”Us may no longer be a public company, but that does not mean that it is not an important barometer for toy companies. The company was acquired in a deal in 2005…
courtesy of AppleA massive trade exhibition like the Consumer Electronics Show which officially opened today in Las Vegas carries with it a low of ‘wow’ — and this year’s show is no…
ThinkstockTarget Corp. (NYSE: TGT) is taking its price matching a step further. Rather than just price matching during the holidays, Target will honor this year round. Target identified its list of competitors…
ThinkstockThe man who created Sears Holdings Corp. (NASDAQ: SHLD) in 2005, largely through the combination of Sears and Kmart, and then ruined the new public company, will take over as CEO of…
