Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. He was…
The first point most investors will make about CostCo’s (COST) August revenue is that it came in under expectation. But, that would be to miss the point. A survey of analysts by…
Douglas A. McIntyre So far there are some changes seen in the holdings of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is from A to…
These are some of the top pre-market analyst Downgrades and negative calls we are seeing this Thursday Morning: Automatic Data Processing (ADP) Cut to Equal Weight at Morgan Stanley. AT&T (T) Cut…
Costco Wholesale Corp. (NASDAQ: COST) is taking a drumming this morning after it earnings warning. What is interesting is that if you overlay the customers of American Express, you essentially get a…
Douglas A. McIntyre According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast. Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter. Reuters writes that…
These are ten of the analyst calls we are focusing on this Friday morning: ADC Telecom (NASDAQ: ADCT) raised to Overweight at JPMorgan. AnnTaylor (NYSE: ANN) raised to Outperform at FBR. Ashland…
On Wednesday morning we’ll get to see earnings out of upscale warehouse retailer Costco Wholesale Corporation (NASDAQ: COST). The estimates from First Call are $0.65 EPS on $16.3 Billion in revenues. Next…
Douglas A. McIntyre After today’s close, we got to see which stocks that Warren Buffett Held in the Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date as…
The hallmark of some of the most successful companies over the last fifty years is that the CEOs spent a great deal of their time with customers and at company locations around…
Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s…
Shoppers are raiding CostCo (COST) for rice and wheat. At least the are paying for it, for the time being anyway. The discount retailers CEO says that "enough is enough". CostCo is…
Douglas A. McIntyre There is an interesting report out of ChangeWave, which shows that higher prices combined with tighter consumer pocketbooks are driving customers significantly. A large-scale movement to discount retailers driven by skyrocketing inflation…
Most large corporations amplify the distrust that the common man has for them by making misstatements from time to time. It is Wal-Mart’s (WMT) turn in the gauntlet of public opinion. The…
Jim Cramer hosted Jim Sinegal, the CEO of Costco Wholesale Corp. (NASDAQ: COST), for a live interview on tonight’s MAD MONEY on CNBC. For starters, Costco Wholesale shares are doing better than…
Douglas A. McIntyre