Time for J.C. Penney and Best Buy to Release Holiday Results
courtesy Best Buy Co. Inc.Some of the news about holiday sales at deeply troubled retailers Best Buy Co. Inc. (NYSE: BBY) and J.C. Penney Co. Inc. (NYSE: JCP) has been better than…
courtesy Best Buy Co. Inc.Some of the news about holiday sales at deeply troubled retailers Best Buy Co. Inc. (NYSE: BBY) and J.C. Penney Co. Inc. (NYSE: JCP) has been better than…
ThinkstockAs a larger and larger portion of retail sales in the U.S. move online, customer service has become essential to e-commerce businesses that want to attract shoppers and keep them. E-commerce also has…
ThinkstockMasterCard Inc. (NYSE: MA) advisors SpendingPulse reports that improvement in holiday sales this year have been the lowest since the start of the recession in 2008. If the information is correct, it probably…
courtesy of Wal-Mart Stores Inc.What happened to bricks-and-mortar and e-commerce sales this holiday season? If Wall St.’s opinion has validity, online operations did well and old-school stores did not. The price of Wal-Mart…
U.S. equity markets opened lower this morning and only the Dow was able to break into positive territory even briefly. There was no terrible news, but there was no unexpected big, good…
The stock market is down Friday, with the Dow Jones Industrial Average down 0.01%, the Nasdaq down 0.51% and the S&P 500 down 0.27%. Today’s winners include a technology company which has…
courtesy Best Buy Co. Inc.The weekend deadline for Richard Schulze to make an offer for Best Buy Co. Inc. (NYSE: BBY) has been extended to February 28, according to reports at CNBC.com…
thinkstockEuropean leaders say they will take additional steps to end the economic crisis in the region. (Reuters) Softbank puts an upper limit on what Sprint Nextel Corp. (NYSE: S) may pay to…
U.S. equity markets opened about flat this morning but fell into a swoon following remarks from House Speaker John Boehner indicated that there has been no change to the gridlock in negotiations…
courtesy Best Buy Co. Inc.The founder of Best Buy Co. Inc. (NYSE: BBY) is preparing to make a fully financed offer for the company no later than this Sunday. The offer is…
U.S. equity markets opened lower this morning, probably as a reaction to the news that Italy’s prime minister has said that he will resign after a new budget is agreed to (more…
courtesy Best Buy Co. Inc.A buyout of Best Buy Co., Inc. (NYSE: BBY) is looking less and less likely. The process of founder Richard Schulze has just gone on for too long…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at Baird. Advance…
courtesy Best Buy Co. Inc.Holiday retailers fall into at least two groups so far this year. One group includes companies that face low expectations. Best Buy Co. Inc. (NYSE: BBY) and JCPenney…
ThinkstockAs hard as retailers, both online and in the real world, compete for sales over the long Thanksgiving holiday weekend, so to do online and research firms compete to see which can…