According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers.Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%. Reuters reports…
There is no crying in baseball or whining in big business. Sears CEO Aylwin Lewis said, regarding the company’s 99% drop in earnings in the last quarter: "We are very disappointed in…
Mr. Schultz:24/7 Wall St. has been going to Starbucks (SBUX) stores and doing evaluations for some time. Obviously, the current model at US stores is not working very well. The stock was…
McDonald’s (MCD) has an increase in same-store sales for October of 6.9%. Overall system-wides sales were up 14.2%. In the U.S., comparable sales climbed 5.4% as customers continue to visit McDonald’s for…
CostCo (COST) reported net sales of $5.21 billion for the month of October, the four weeks ended November 4, 2007, an increase of 13 percent from $4.63 billion in the same four-week…
Douglas A. McIntyre Apple (AAPL) always beats earnings forecasts. In the last quarter, it hit revenue of $6.22 billion and had a profit of $1.01 a shares. It sold 10.2 million iPods, 1.1 million iPhones…
This was a long and crazy week for stock traders, but the Bond weasels got Monday off and only had a four-day work week. Thursday was the mystery tank day when the…
Costco (COST) turned in the kind of numbers that are not supposed to get posted in a retailing recession.Net sales for the 16-week fourth quarter ended September 2, 2007, increased 3%, to…
Douglas A. McIntyre 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 use…
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…