courtesy of TargetSeveral retailers are announcing October same-store sales today, and the reports are generally good. Research firm Retail Metrics projects an overall gain of 4.6% for the month, excluding the impact…
thinkstockCostco Wholesale Corp. (NASDAQ: COST) this morning reported a better-than-expected rise in October same-store sales, due in part to higher gasoline prices and a weak dollar. The company said its net sales…
Trey Thoelcke Best Buy Co. Inc. (NYSE: BBY) should have hoped founder Richard Shulze might have bought the firm as he considered its financial status. Now, it may be too late. Best Buy offered…
The three major U.S. stock indexes opened higher this morning on traders initial reaction to a sharp drop in the weekly report on new claims for unemployment (more coverage here). In Asia,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Outperform with $16…
The three major U.S. stock indexes opened about flat this morning following rather lackluster trading in Asia and Europe. There was little economic data out today, although both France and Italy turned…
Costco Wholesale Corp. (NASDAQ: COST) reported fiscal fourth-quarter adjusted diluted earnings per share (EPS) of $1.39 on net sales of $31.52 billion. In the same period a year ago, the warehouse store…
Paul Ausick The three major U.S. stock indexes opened lower this morning following a lowered forecast on global economic growth from the International Monetary Fund (more coverage here). In Asia, Japanese markets are concerned…
The three major U.S. stock indexes opened higher this morning following the Department of Labor’s report that headline unemployment in the U.S. fell to 7.8%, the lowest reading since January 2009 (more…
We have already seen waves of tempered guidance from many of America’s largest companies. Other companies have not said a word about their outlooks. What matters is that this coming week marks…
Several retailers are announcing September same-store sales today, and the reports are generally good. Gains were not as large as in August, but are providing a positive outlook for the coming holiday…
High-end big-box retailer Costco (NASDAQ: COST) had a better September than expected as revenue rose 8% to $9.31 billion. Same-store sales were up 6% worldwide. Excluding gas prices, the increase was 5%.…
Can the activist Starboard Value L.P. fund run Office Depot Inc. (NYSE: ODP) better than its management or the managements of competitors Staples Inc. (NASDAQ: SPLS) or Office Max Inc. (NYSE: OMX) have been able…
courtesy NintendoAfter more than a year since the product’s introduction, the Nintendo Wii U game controller finally has pricing, shipping dates, and more details on what the device can do. The company…
What happened to the market as a whole today hardly mattered. The DJIA was up only 0.07% to 13,335. But, almost all of the news was focused on a handful of stocks. The Apple Inc.…
