No Recovery At Best Buy
The market does not expect much from Best Buy (NYSE: BBY). The company is about to release quarterly figures. Analysts think that results will be hurt by low TV sales. Best Buy…
The market does not expect much from Best Buy (NYSE: BBY). The company is about to release quarterly figures. Analysts think that results will be hurt by low TV sales. Best Buy…
Wal-Mart Stores Inc. (NYSE: WMT) took a page from the dividend competition playbook when it raised its payout. The stock market has not been a huge helping hand for the shares so…
When the going gets tough, the tough raise their dividends. At least that’s the way it seems with Wal-Mart Stores Inc. (NYSE: WMT), which is having trouble meeting its revenue goals in…
Retail may be getting another good month of numbers for February 2011 if Retail Metrics is correct. The research firm noted, “Expectations for discounters, department stores, drug chains and specialty apparel all…
Earnings season may be winding down but there are still sector-moving companies due to report earnings this week. We will be watching earnings for AutoZone Inc. (NYSE: AZO), Tech Data Corporation (NASDAQ:…
Next week looks like the wind-down of earnings season with the exception of the off-calendar quarter companies. There are no DJIA components we saw on the calendar but there are several big…
Best Buy (NYSE: BBY) just issued another piece of nasty news. It will close its nine branded stores in China. It is another in a series of signs that the electronics retailer…
Jon OggThe Home Depot, Inc. (NYSE: HD) and Wal-Mart Stores Inc. (NYSE: WMT) both reported earnings this morning. Both also gave two very different reads on the economy and the implications may…
When does time run out for Wal-Mart CEO Mike Duke? The stock market seems to believe he has done a good job. Wal-Mart’s stock trades at $55.38, about midway between its 52-week…
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 31, 2010. That makes these his new 2011 holdings and there…
All that snow in January didn’t keep shoppers at home, apparently, as retailers posted a 4.2% increase in same-store sales for the month. That topped estimates that had started at 3.1% growth…
Retail stores are reporting December sales today and the news is, at best mixed. Retailers reporting already include Target Corp. (NYSE: TGT), Costco Wholesale Corp. (NASDAQ: COST), BJ’s Wholesale Club Inc. (NYSE:…
The rumors and thought of private equity in retail is going on and on, oddly enough with the same player. BJ’s Wholesale Club Inc. (NYSE: BJ) is the newest target according to…
There has been just as much written about e-commerce as there is about bricks-and-mortar sales this holiday season, if a quick read of online business sites and financial publications is any indication…
Last week we identified the ten Warren Buffett investments with the most implied upside. But we also found that there were many Buffett investments in Berkshire Hathaway Inc. (NYSE:BRK.A) which may be…