In a slowing retail environment, Macy’s (NYSE: M) has decided it’s time to close some stores. This may not sound like a great ‘growth strategy’ for a retailer, but some companies reach…
Today’s list of 52-week lows was still dominated by retail and consumer spending stocks, although a surprise surge from several key semiconductor names made today’s list. Some of these did end up…
We didn’t include only retail names on the 52-week lows today, but it could have been easy to do. The retail scene just didn’t do too hot over Christmas and these are…
It makes all of the sense in the world. The stores offering the best discounts are getting most of the traffic this holiday season. But, that may be a mixed blessing. According…
Wal-Mart (WMT) and Macy’s (M) are going to throw the retail ball up in the air just before Christmas and hope that the consumer catches it. Both stores plan to open some…
comScore today released data that shows households with incomes under $50,000 are not lifting their online spending much from the holiday season last year. Sales from this demographic group are up only…
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,…
(AMAT) Applied Materials trading down 3% after yesterday’s earnings.(CSC) CSC said it is part of a large government pact that will result in close to $900 million to CSC.(DE) Deere $2.37 EPS…
Women’s Wear Daily says that KKR is close to a deal to buy Macy’s (M). The price would be about $52 a share. The stock currently trades a $40. Douglas A. McIntyre
Over the last two days, BCE (BCE) the largest phone company in Canada, was purchased by the investment arm of Ontario Teachers’ Pension Plan and several private equity firms. The price was…
Wal-Mart (WMT-NYSE) finally remembered that they are a public company today because they have held their annual shareholder meeting. This proves that the company is truly owned by the investors for at…
