Macy’s Inc. (NYSE: M) is showing just how much of a conundrum there is between today’s retail stock valuations and the reality of what to expect from earnings ahead. Macy’s had a…
Earnings season has wound down now with over 85% of the S&P 500 Index having reported. Still, there are some key companies posting their quarterly results and some companies were screened out…
Reuters: China is having trouble managing supply and demand. Reuters: Geithner said the core programs of the TARP are ending. Reuters: Yahoo! (NASDAQ:YHOO) tripled it profits. Reuters: Sun Microsystems (NASDAQ:JAVA) will cut…
Reuters: Apple (NASDAQ:AAPL) beat earnings forecasts. Reuters: The IRS is probing some homebuyers’ tax credit gains. Reuters: The US is ready to bring more insider trading cases. Reuters: More US companies are…
Costco (NASDAQ:COST) announced earnings that beat Wall St. expectations. Net sales for the fiscal 2009 fourth quarter ended August 30, 2009 were $21.89 billion, a drop from $22.63 billion in the same period…
There has been some hope that with a modest recovery from the recession that holiday retail sales would pick up this year. Those hopes appear to be premature. The high levels of…
These are this Tuesday morning’s top pre-market analyst upgrades and positive research calls seen from Wall Street: Blue Coat Systems (BCSI) started as Buy at BofA/Merrill. Covance (CVD) upgraded to Buy at…
Martha Stewart Living Omnimedia Inc. (NYSE: MSO) has a new exclusive product lineup partner. We still want to know where Martha will end up after the K-Mart deal she has with Sears…
Short sellers moved out of tech stocks in large volumes at mid-month. Based on short interest figures as of August 14, shares short in Intel (INTC) fell 33% to 88.3 million. The…
Costco’s (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. July was…
Costco’s (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. July was…
Reuters: A plan for universal healthcare in China could cut the savings rate. Reuters: Bank regulators are opposing the Obama shake-up of the system. Reuters: Bank of America (BAC) settled SEC charges…
Over the past week, the 24/7 Wall St./The Channel Checkers poll surveyed various Macy (M) stores to track sales and business levels in July. We asked the following questions: 1. How is business this year? 2. Do…
Douglas A. McIntyre Reuters: The US faces a long period of economic stagnation. Reuters: Obama will release plans for a financial market overhaul. Reuters: The White House will not help California fix its deficit. Reuters: …
Reuters Obama hopes to have healthcare bill by July Reuters Documents on Paulson’s meetings with banks forcing them to take TARP have been released Reuters Banks sued MBIA (MBI) over its $5 billion…