Costco (COST): Retailing’s Elite Start To Fail
There is an upper tier of retail companies both in the US and abroad. It has been assumed that these firms would not dodge a recession, but that they might keep their…
There is an upper tier of retail companies both in the US and abroad. It has been assumed that these firms would not dodge a recession, but that they might keep their…
S&P has reported that the dividends of companies in its S&P 500 index are being cut at the fastest rate in fifty years. A report by the Associated Press says that even…
According to Reuters, Microsoft (MSFT) Windows 7 is "on schedule" and will begin testing with consumers.Reuters reports that Obama will lay out his case for stimulus package in a speech.Reuters reports that…
One piece of data does not a trend make.The University of Michigan Consumer Sentiment Poll shows a little uptick last week. But, coming in the holidays, people’s spirits many be brightening. Come…
Wal-Mart (WMT) reported strong same-store numbers for its most recently reported period. New data from MasterCard (MA) indicates that almost every other retailer in the country was bloodied during the early part…
After Costco (COST) posted poor numbers for last month and almost every other large retailer in the US said that the early parts of the fourth quarter were bad and the future…
The retailers who were supposed to do OK during the recession were the ones with the really, really good goods which were being sold at the really, really low prices.Wal-Mart (WMT) falls…
According to Reuters, falling interest rates will not offset unemployment and falling prices to save to housing market.Reuters reports that GM (GM) and Chrysler are considering bankruptcy to get US funding.Reuters reports…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this weekThe CEOs are chosen…
BJ’s Wholesale Club Inc. (NYSE: BJ) appears to be one of the few standouts in retail right now. How many companies are in retail are beating already-raised guidance and still raising forecasts…
These are some of the changes we have seen in the holdings of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is alphabetical from…
Consumer sentiment and consumer spending may be bad today, but according to a major new survey, they are going to get much worse over the next three months. Among the largest victims…
The retail sales numbers on Main Street are truly going to hell in a hand basket. The only bright spot is Wal-Mart Stores (NYSE: WMT), and that is just indicative of a…
Today’s financial news headlines and stories are about how Circuit City (CC) is closing 155 stores in the hope of staying in business.The real story is in the fine print. Based on…
Costco Wholesale Corp. (NASDAQ: COST) is trading down over 1% pre-market, yet the upper-end big box retailer posted some very strong numbers. The company reported earnings of $0.97 per share before $0.07…