The death of the endless growth of Wal-Mart Stores Inc. (NYSE: WMT) is finally upon us. That is at least what J.P. Morgan Chase would lead you to believe. The bulge-bracket investment banking…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Wednesday. AFLAC Inc. (NYSE: AFL) started as Hold at Deutsche Bank. Bank of…
ThinkstockRetailers do not appear to be headed for uniformly upbeat sales increases in December. Research firm Retail Metrics has dropped its forecast for a same-store sales increase by another 10 basis points…
U.S. equity markets opened higher this morning on hopeful sentiment that negotiations related to the approaching fiscal cliff might show some progress. In Asia, that sentiment helped push shares higher at most…
ThinkstockDollar General Corp. (NYSE: DG) reported third-quarter 2012 results before markets opened this morning. The discount retailer posted diluted earnings per share (EPS) of $0.62 on revenues of $3.96 billion. In the…
Paul Ausick Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter…
The coming fiscal cliff represents a huge hurdle for America. Government and private sector forecasters have warned that the expiration of tax cuts, along with hundreds of billions of dollars in government…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. Applied Materials Inc. (NASDAQ: AMAT) maintained Buy with $16 target after layoffs…
In its report today on September retail sales, Target Corp. (NYSE: TGT) announced that beginning in January 2013, the company would no longer report monthly sales figures, including same-store sales: This decision…
Discount retailer Dollar General Corp. (NYSE: DG) has announced that it will repurchase approximately $250 million of its shares currently held by Buck Holdings L.P. and initiate a secondary offering of 30…
The three major U.S. stock indexes opened higher this morning and, following a morning dip, have remained in positive territory (barely) for most of the day. The first bit of big news…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at R.W. Baird. Automatic Data…
The three major U.S. stock indexes opened flat to slightly lower again this morning even though word leaked out of the European Central Bank’s likely bond-buying scheme (our coverage here). Official word…
Dollar General (NYSE: DG) this morning reported fiscal second-quarter earnings of $0.64 per share on $3.95 billion in revenue. The results compare to $0.42 per share and $3.58 billion in the same…
Trey Thoelcke The three major U.S. stock indexes opened flat to slightly lower this morning after the three-day holiday weekend. PMI readings from Europe came out weaker than expected yesterday (our coverage here), as…
