Still No Eurozone Rescue. The rescue of the financially weak eurozone nations becomes more confused by the day. U.S. Treasury Secretary Geithner continues to tour the region. He wants to convince area finance ministers…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
Macy’s (NYSE: M) believe its has some rights to Martha Stewart products which would be violated by a joint venture deal between Martha Stewart Living Omnimedia (NYSE: MSO) and JC Penney (NYSE:…
Douglas A. McIntyre J. C. Penney Company, Inc. (NYSE: JCP) is a company which many investors and outsiders expect to be in a transformation. The first such addition under new management is a stake and…
If the recent CNBC survey of US holiday shoppers accurately portrays what these shoppers plan to spend this year, US retailers can expect a pretty good year. Those surveyed said they plan…
A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in the region.…
JC Penney (NYSE: JCP) may buy a 16.6% stake in Martha Stewart Omnimedia (NYSE: MSO) according to The New York Times. The price would be $3.50 a share, or a 16% premium to…
Google (NASDAQ: GOOG) may enter the e-commerce business which would put it into direct competition with Amazon.com (NASDAQ: AMZN), according to The Wall Street Journal, Reuters points out that Google relies heavily…
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) continues to benefit from a positive read from Canaccord Genuity on Wednesday, where it was called “A twinkle in his eye?” in the continued morning…
Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and the worst…
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
Retail Metrics is out with its final forecast for retail chains and their same-store sales for November with a gain of 3.1%. All in all, the report is calling for a 3.1%…
The holiday shopping period has begun with a level of success that few experts expected. U.S. consumers apparently have ignored the threat of a financial catastrophe in Europe, ongoing unemployment, a slowing U.S.…
Douglas A. McIntyre An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
Ace Hardware – Midnight Friday Enter to win a Craftsman 5-drawer Tool Center. A.C. Moore – 5 a.m. Friday Free $10 gift card to the first 50 customers. Bealls – Midnight Friday…
