Investors did not think much of Walmart’s fiscal fourth quarter and full years earning. Walmart’s stock fell 4% immediately after its announcement. The one exception is that US sales, which have been troubled for years,…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 30, 2011. These public stock holdings have been broken down into…
A new survey by Consumer Reports rated both in-store and online shopping. The poll covered responses from over 26,000 people Costco (NASDAQ: COST) ranked first, not surprising because of the reputation of…
Bricks-and-mortar stores have been concerned for some time that their shoppers would come to their stores, find products, and then go online to get the best prices. Store, in essence, has started…
The press has been invited to an event at which new JP Penney (NYSE: JCP) CEO Ron Johnson will talk about what the company says is his exciting new strategy. What the invitation does…
US markets opened up slightly this morning and have maintained a slight positive tone for most of the day. Today marks the unofficial beginning of another earnings season, with Alcoa kicking things…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Akamai Technologies, Inc. (NASDAQ: AKAM) Cut to Sell from…
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target…
Big box retailer Target Corp. (NYSE: TGT) posted a same-store sales gain of 1.6% for December, well short of the consensus estimate of 3.1%. This compares with a 7% same-store sales gain…
Costco (NASDAQ: COST) same-store sales rose 7% for the important five week holiday period. The movement was, however, a slowing from the balance of the quarter which rose 9%. Costco is one…
Douglas A. McIntyre What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a merger of…
Bain & Company topped the 2012 version of the “Glassdoor Top 50 Places To Work.” McKinsey, MITRE, and Shalom Consulting were all among the top 10. Tech leaders were also near the…
Stocks opened lower this morning and trailed mostly lower throughout the day. Today’s wholesale inventory reported showed a gain of 1.6% and the initial jobless claims were substantially lower than expectations of…
Costco (NASDAQ: COST), arguably the most successful of the big box retailers, posted impressive same-store sales for the latest quarter. The company also tood a charge. Net sales for the quarter increased…
Douglas A. McIntyre Most of America’s largest companies are also among its oldest companies. In fact, many of the Fortune 100 firms are more than a century old. Almost none were founded in the past…
