Costco (NASDAQ: COST) continues its extraordinary run as the most successful big box retailer. Its “club membership” system has bettered the more traditional store operations of Wal-Mart (NYSE: WMT) and Target (NYSE:…
The three major US stock indexes opened lower this morning after European leaders disagree on a fiscal response to the continent’s debt crisis(our coverage here). New US home sales were slightly above…
24/7 Wall St. has compiled earnings previews for some of the top companies reporting in the week ahead. Estimates have been taken from Thomson Reuters for consensus earnings and targets and we…
Big box retailer Target Corp. (NYSE: TGT) announced first quarter earnings this morning that were better than consensus estimates, and the company also raised its outlook for 2012. Target is the first…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings for the Berkshire Hathaway empire. This cut off date is as of March 31,…
Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was a bit…
Canaccord maintains its buy rating on Hologic (NASDAQ: HOLX) after it announced a buyout of Gen-Probe for $3.7. Canaccord also reiterated its buy rating on Watson Pharmaceuticals (WPI: NYSE) Goldman Sachs upgraded Community Health Systems (NYSE:…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
Tiffany & Co. (NYSE: TIF) is widely thought of as the king of high-end jewelry. While many local high-end jewelry stores compete with Tiffany in local markets, it is hard to imagine…
Jon C. Ogg Tesco (NASDAQ: TESO), the largest retailer in the UK, said it would add 20,000 jobs between now and 2014. It is the largest employer in the UK, with 270,000 workers. The move…
Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers — in some cases, much better than expected. We have reports from 15 companies: Costco…
Costco (NASDAQ: COST) issued extraordinarily strong February sales numbers along with its earnings for the period that ended February 12. Revenue for the quarter rose from $20.9 billion last year to $23…
Stocks started the day nearly flat before turning down on a poor report on US durable goods orders (more coverage here) and a slide in the Case-Shiller home price index (more coverage…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Apollo Group Inc. (NASDAQ: APOL) Raised to Overweight at Barclays. Charter Communications (NASDAQ:…
