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…
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)…
U.S. equity markets opened lower this morning and were never able to make a sustained push into positive territory. In Europe, the downgrade of French sovereign debt cooled the equity markets a…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) reported third-quarter 2013 adjusted earnings per share (EPS) of $0.03 and $10.75 billion in revenues before markets opened this morning. In the…
Paul Ausick 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…
U.S. equity markets opened higher this morning following comments after Friday’s meeting between President Obama and Congressional leaders to discuss ways of dodging the fiscal cliff. Some were also expecting negotiations to…
courtesy of AOLAs a Justice Department investigation of Deepwater Horizon continues, BP PLC (NYSE: BP) may pay a record fine for the results of the disaster. (Reuters) Qatar says it would back…
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…
thinkstockAdvanced Micro Devices Inc. (NYSE: AMD) has hired J.P. Morgan Chase & Co. (NYSE: JPM) to explore options, which may include the firm’s sale. (Reuters) Federal Reserve Vice Chair Janet Yellen says…
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…
ThinkstockIf you have ever heard of retailers getting more and more desperate to capture your Christmas and holiday spending dollars, 2012 is going to take the cake. Two holidays have generally been considered…
courtesy of TargetTarget Corp. (NYSE: TGT) has announced plans to open its stores for Black Friday sales at 9 p.m. on Thanksgiving, Nov. 22, in an effort to offer extended hours during…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: No individuals will be charged in the mortgage fraud investigation of J.P. Morgan Chase & Co. (NYSE: JPM). (WSJ) Several firms, including…
ThinkstockSome companies are in real trouble. Some are under severe industry pressure, and some are just faltering due to missteps and bad luck. With the economy remaining weak and with the markets…
