ThinkstockAmazon.com Inc. (NASDAQ: AMZN) is set to report earnings on Tuesday after the close. The online retail giant which now sells almost everything is expected to report earnings of $0.29 EPS on…
Jon C. Ogg ThinkstockIt is the time of year again, when America’s largest retailers release those critical holiday season figures and disclose their annual sales. A review of these numbers tells us a great deal…
ThinkstockWhen the online audience heft of Amazon.com Inc. (NASDAQ: AMZN), eBay Inc. (NASDAQ: EBAY), Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT) are taken into account, it is clear how…
courtesy of YouTubeYahoo! Inc.’s (NASDAQ: YHOO) revenue rises in the fourth quarter, but only slightly. (Reuters) Detroit probably will file for bankruptcy. (Reuters) Nokia Corp. (NYSE: NOK) will put $250 million into…
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…
