Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of September 30, 2011. These public stock holdings have been broken down into two…
Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters) China’s October imports rise but exports are weak. (Reuters) A deal to name a new prime minister…
October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the coming holiday season. In October 2010, same-store retail sales rose just 1.6%…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not good, either,…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Chevron Corporation (NYSE: CVX) Cut to Underweight at JPMorgan. Chipotle…
Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal fourth-quarter and full fiscal year earnings before markets opened this morning. The headline numbers look pretty good, but the fine print might be telling…
Retail sales in August put up solid gains that were slowed somewhat by the effects of Hurricane Irene along the eastern seaboard. Among the stores reporting sales numbers today are Costco Wholesale…
Steve Jobs’s transition from CEO of Apple (NASDAQ: AAPL) to chairman has caused a great deal of ink to be spilt on the departure of other famous CEOs, such as Walt Disney,…
Online sales success has become critical to major retailers. All evidence shows that e-commerce continues to grow at double-digit annual rates while in-store sales in the U.S. have barely grown at all…
Shares in home improvement store Lowe’s Companies, Inc. (NYSE: LOW) were trading higher by around 3% in the pre-market this morning on news that the company will initiate a $5 billion stock…
Walmart’s (NYSE: WMT) domestic sales may have stumbled, but its online presence is still dominant. July Comscore figures show that Walmart’s sites had 38.7 million unique visitors. That is nowhere close to…
William Ackman’s Pershing Square Capital Management has dumped more money into J.C. Penney. It is a mistake, unless he has some undisclosed plan to mine assets which are not obvious or break…
Target Corp. (NYSE: TGT) reported earnings this morning and the second quarter results were solid if not spectacular. Target posted EPS of $1.03 vs. expectations of $0.97. Net profit rose from $679…
Sam Walton left his children his share of the world’s largest retailer–Walmart (NYSE: WMT). The family still has the control block–1.68 billion shares or over 48% of outstanding. S Robson Walton is…
