Wikimedia CommonsResearch firm Comscore announced two pieces of data. The first is that Black Friday e-commerce sales rose about $1 billion for the first time ever — to $1.042 billion. The other…
ThinkstockWriting Off Greek Debt Discussions of a bailout of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and…
ThinkstockWhile it is too early to say which individual companies have benefited the most, holiday e-commerce sales surged past $1 billion, according to research firm Comscore. It remains likely that the normal…
courtesy of AppleApple Inc. (NASDAQ: AAPL) showed that any threats from Samsung, Amazon.com Inc. (NASDAQ: AMZN), or other makers of tablets and e-readers is behind the world’s largest company based on market…
Wikimedia CommonsOnce a month, research firm Comscore releases a list of the 50 largest websites in the United States by traffic. Month after month, even year after year, Amazon.com Inc. (NASDAQ: AMZN)…
courtesy of Groupon Inc.An SEC filing shows that Tiger Global has taken a 65 million share position (9.9%) in Groupon Inc. (NASDAQ: GRPN). That certainly will press its shares higher, at least temporarily.…
courtesy of Hostess Brands Inc.Twinkies Hoarders Disappointed Some Americans hoarded all the Hostess Twinkies they could find once the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the…
courtesy of Sony Corp.Some stocks become so badly beaten down that they become improbable bets for rebounds. Right now, in retail, several are so battered that modestly improved results in Black Friday…
courtesy NintendoFor the first new game console in six years, the weekend’s U.S. launch of the Nintendo Wii U turned out to be solid if not spectacular. A new PlayStation 4 from…
flickr / eschipulThere is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief executive compensation.…
ThinkstockStaples Inc. (NASDAQ: SPLS) reported third-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $0.46 and $6.35 billion in revenues before the markets opened this morning. In the same period a…
ThinkstockChief executives who have no real plans to turn around troubled companies often offer generalities in the place of details. Put another way, they put vagueness in the place of tactics, and…
ThinkstockShares of Best Buy Co. Inc. (NYSE: BBY) rose as much as 4% after an announcement that Sharon McCollam, who used to be the director, executive vice president, chief operating and chief…
courtesy of AOL, IncThe head of Microsoft Corp.’s (NASDAQ: MSFT) Windows unit, Steven Sinofsky, suddenly leaves the company, not long after the launch of Windows 8. (Reuters) U.K. lawmakers attack Starbucks Corp.…
courtesy J.C. Penney Co. Inc.JCPenney Company Inc. (NYSE: JCP) reported third-quarter 2012 results this morning. The retailer posted a net loss of $0.93 per share on revenues of $2.93 billion. In the…
