This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector. We…
Someone needs to tell McDonald’s (MCD) that there is a recession. The company posted remarkable same-store sales again in February. After making an adjustment for the different number of days in the…
Douglas A. McIntyre It’s another rough trading day in the stock market. It is bad enough that the DJIA is down over 3% to decade lows and under 7,000… But even almost all of the…
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
McDonald’s (MCD) is planning to open 500 new stores in China over the next three years. Why? Because it can. McDonald’s is one of a tiny handful of large American companies which…
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…
If only the stock market was made up of companies like Coke (KO), McDonald’s (MCD), P&G (PG), and Wal-Mart (WMT). But, it isn’t. They are among the few firms which can still…
According to Reuters, the White House is finishing a bank rescue package , that involves investment by private equity. Reuters reports that a poll of analysts cut Q2 earnings forecasts. Reuters reports…
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
Yum! Brands Inc. (NYSE: YUM) is set to report earnings after the close of trading today. Analysts surveyed by Thomson Reuters expect earnings of $0.45 EPS on $3.38 billion in revenue. We…
Eight O’Clock Coffee 100% Colombian at $6.28 per pound ranked number one in Consumer Reports’ tests of 19 ground coffees, besting Folgers, Maxwell House, and Starbucks— America’s best-selling ground coffees. The independent…
S&P has reported that the dividends of companies in its S&P 500 index are being cut at the fastest rate in fifty years. A report by the Associated Press says that even…
Starbucks (SBUX) posted bad earnings for last quarter. Over the last 2 years Starbucks expanded extensively, refusing to recognize that there was a limit to the number of people who would pay…
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost confidence in business globally…
