According to Reuters, economists cut forecasts for US growth for the third month in a row. Reuters writes that IBM (IBM) and Second Life will work on ways to eventually let people…
Costco Wholesale Corp. (NASDAQ:COST) reports earnings Wednesday Pre-Market with First Call looking for $0.83 EPS on $20.7 Billion revenues. We already saw the net sales estimated one-month ago at $20.06 Billion, so…
Douglas A. McIntyre Online retailer Amazon (AMZN) hit a 52-week high last week. So did Priceline (PCLN), Expedia (EXPE), and eBay (EBAY). Even Overstock (OSTK) made the list. On the 52-week low side of the…
Waste Management, Inc. (NYSE: WMI) announced a major national initiative to expand its roster of landfill gas to energy (LFGTE) facilities. The program will result in the creation of an additional 60…
Wal-Mart’s (NYSE:WMT) new ad campaign is starting today. The company is ditching its "Always Low Prices" in favor of a new slogan: "Save Money. Live Better." Wal-Mart probably just got tired of…
Just yesterday and the day before, the tone was looking to be that sub-prime fallout and the recent tightening on credit was helping to squash Joe Q. Consumer in the U.S. Yesterday,…
You have to love a morning where Target (NYSE:TGT) and Wal-Mart (NYSE:WMT) have big news out on the same day. This morning both retail giants released August Same-Store-Sales. Surprisingly, both did pretty…
CostCo (COST) same-store sales rose only 2% during the last month. Comparable sales for the four-week retail-reporting month of August, the 16-week fourth quarter and the 52-week fiscal year 2007 are as…
Douglas A. McIntyre Wal-Mart (WMT) must be getting sick of not knowing what is going on out there in the markets in which it competes. Wall St. would think it would have a good idea,…
This Week’s Top Seven Issues (June 8, 2007) 1) THE ROLLER-COASTER MARKETThanks a lot Bill Gross. You’re sounding more like Greenspan now that you have him on your advisory board at PIMCO. …
We have noted that certain activist organizations may never be able to be appeased. That is life. Wal-Mart Watch is out with their criticisms against Wal-Mart (WMT-NYSE) today noting how many shortcomings…
Despite an earnings warnings out of Bed Bath & Beyond (BBBY) earlier this week and despite some perceived softness at Wal-Mart (WMT), there were actually some retail winners that posted strong same-store-sales…
(A) Agilent reiterated guidance after completing Stratagene buyout.(ADCT) ADC Telecom trading up 3% after posting $0.35 EPS vs $0.24 estimates.(ANN) Ann Taylor May s-s-s -4.6% versus -3.1% estimate.(ATVI) Activision will take $66.7…
Wal-Mart (WMT-NYSE) finally remembered that they are a public company today because they have held their annual shareholder meeting. This proves that the company is truly owned by the investors for at…
This is an edited version of the first story to run an expanded list. Last month we all found out that Warren Buffett’s Berkshire Hathaway decided to take a ride on the…
