ThinkstockCostco Wholesale Corp.’s (NASDAQ: COST) annual sales run above $100 billion, more than twice J.C. Penney Co Inc.’s (NYSE: JCP) and Macy’s Inc.’s (NYSE: M) combined, and nearly 40% of those of…
thinkstockThe stock market is supposed to fall after reaching nearly all-time highs, because $85 billion in budget cuts have begun. But these will not move the stock market down, at least not for…
courtesy of Office DepotRumors came out over the weekend that Office Depot Inc. (NYSE: ODP) and OfficeMax Inc. (NYSE: OMX) finally are considering a long-awaited and long-speculated merger. This will not be…
ThinkstockOne of the world’s leading luxury brand has filed a suit against one of the world’s largest discount retailers over allegedly false claims on engagement rings. Tiffany & Co. (NYSE: TIF) is…
courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but there…
ThinkstockRetailers are announcing January same-store sales figures today. Research firm Retail Metrics projects an overall gain of 2.8% year-over-year, compared with a 4.8% gain in December and a 2.9% gain in January…
The death of the endless growth of Wal-Mart Stores Inc. (NYSE: WMT) is finally upon us. That is at least what J.P. Morgan Chase would lead you to believe. The bulge-bracket investment banking…
ThinkstockSame-store sales for January are scheduled to be released this Thursday, and the consensus projection from research firm Retail Metrics calls for an increase of 2.8% compared with January of 2012. Excluding…
Wikimedia CommonsBased on a crude calculation of Amazon.com Inc.’s (NASDAQ: AMZN) holiday sales, its forecast revenue for the current quarter and its revenue growth rate, the e-commerce’s firm will reach $100 billion…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Alcatel-Lucent S.A (NYSE: ALU) raised to Neutral from Sell at Citigroup. Baker…
ThinkstockConsumer electronics retailer hhgregg inc. (NYSE: HGG) announced preliminary results for its fiscal third quarter this morning, and the results were not pretty. The company expects quarterly sales to be down 3.6%…
ThinkstockRetailers are announcing December same-store sales figures today and, to tell the truth, expectations are pretty low. Research firm Retail Metrics projects an overall gain of just 1.9% year-over-year, sharply lower than…
U.S. equity markets opened higher this morning following yesterday’s gains with another good start. In Asia, the North Korean rocket launch did not cause markets to run for cover and a very…
