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…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2011. These public stock holdings have been broken down into…
Wal-Mart Stores Inc. (NYSE: WMT) has continued to be the most dominating brick and mortar force in retail, even if it is far from the most attractive and even if it has…
When your business hasn’t shown much sign of growth for several years running, maybe it’s time to change strategy. Wal-Mart Stores Inc. (NYSE: WMT) has been trying to grow its business organically…
Many economists don’t believe that the US debt ceiling is the biggest problem the country faces. In their view the most compelling issue is unemployment, currently at 9.1% and, given the nearly…
Costco Wholesale (NASDAQ: COST) is the first retailer to report results each month. Its July numbers were particularly strong. Sales for the four weeks of July were higher by 10%. Wall St.…
JP Morgan (NYSE: JPM) may become the largest lender in the U.S. soon (Reuters) Jobs numbers may show that the economy has finally turned the corner (Reuters) Fitch downgraded Minnesota from AAA…
The month of June looks to have been pretty good for some U.S. retailers. Costco Wholesale Corp. (NASDAQ: COST), Macy’s Inc. (NYSE: M), Limited Brands Inc. (NYSE: LTD), Target Corp. (NYSE: TGT)…
Most of the financial media stops at mid-year to reflect on how the market performed since January 1. The effort is often fruitless. The fact that a stock, or any market, did…
It may not seem like much when gasoline costs $3.70 per gallon of regular, but Wal-Mart will cut gas prices by a dime for the next 90 days. While it may not…
One of the major stories in the Washington press this mornings is not about the deficit, the Presidential race, or members of Congress who have resigned because of indiscretions. Sears Holdings (NASDAQ:…
BJ’s Wholesale Club Inc. (NYSE: BJ) is the latest private equity buyout target in the retail segment. Two active players in retail industry buyouts, Leonard Green & Partners and CVC Capital Partners,…
Best Buy Co. Inc. (NYSE: BBY) is doing something that many investors might have considered more than difficult. Its shares are actually rallying after an earnings report. If you just read the…
Costco (NASDAQ: COST) released May figures. They looked good at first, but a close examination shows that the big box retail chain’s revenue barely kept up with same-store sales growth last month.…
Douglas A. McIntyre G8 leaders will met and will probably focus on the IMF and upheaval in Africa and the Middle East (Reuters) Hedge fund manager David Einhorn wants Steve Ballmer replaced as CEO of…
