ThinkstockOne of the world’s leading luxury brand has filed a suit against one of the world’s largest discount retailers over allegedly false claims on engagement rings. Tiffany & Co. (NYSE: TIF) is…
http://www.amazon.com/amazon-coinsAmazon.com Inc. (NASDAQ: AMZN) is revisiting a blast from the past that never really took off due to the Internet and e-commerce still being in the infancy stage. The company has announced…
ThinkstockWhen the online audience heft of Amazon.com Inc. (NASDAQ: AMZN), eBay Inc. (NASDAQ: EBAY), Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT) are taken into account, it is clear how…
U.S. equity markets opened higher this morning before dipping following the report on new home sales in the U.S. Stocks regained positive momentum during most of the remaining session. In Europe, Germany’s…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. Alliant Techsystems Inc. (NYSE: ATK) cut to Market Perform at FBR Capital…
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government…
courtesy of YouTubeThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters) The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it…
courtesy of ebayeBay Inc. (NASDAQ: EBAY) has reported its fourth quarter earnings. The near-monopoly in online auctions in the U.S. reported earnings of $0.70 EPS and an 18% gain to $3.99 billion…
Jon C. Ogg U.S. equity markets opened mixed this morning with the Nasdaq Composite slightly higher, while the DJIA and the S&P 500 were lower. Earnings from several U.S. financial institutions were due today and…
ThinkstockRetail sales for the holiday season just behind us rose about 4.8%, compared with sales during the 2011 holiday shopping season. Online sales rose by more than 14%, and that growth is…
Frank Golhen, via Wikimedia CommonsThis coming week is going to be the real opening of the floodgates when it comes to earnings season. 24/7 Wall St. has screened through dozens and dozens…
ThinkstockAfter all the Web 2.0 (or 3.0) flops of 2012, it turns out that 2013 may be a very interesting year for the Internet sector. We saw some key developments take place,…
courtesy of Wal-Mart Stores Inc.What happened to bricks-and-mortar and e-commerce sales this holiday season? If Wall St.’s opinion has validity, online operations did well and old-school stores did not. The price of Wal-Mart…
ThinkstockBest CEO lists can be based on dozens of factors. For public companies, the best metric is usually share price. It is hard for chief executives to be considered very good if…
thinkstockEuropean leaders say they will take additional steps to end the economic crisis in the region. (Reuters) Softbank puts an upper limit on what Sprint Nextel Corp. (NYSE: S) may pay to…
