American companies are increasingly offering products for $1 or less. Some are among the largest firms in the United States such as Wal-Mart (WMT) and McDonald’s (MCD). Other are smaller but use…
It has begun to dawn on more and more large companies that high-priced goods are costing them sales during the recession. Maybe the only way for them to hold onto customers is…
This weekend was the peak of the college graduation season. Colleges invite well-known people to travel all over America to give a 15 minute commencement address in exchange for an honorary doctorate.…
McDonald’s (MCD) did so well with its dollar menu that Wal-Mart (WMT) decided it will create one, too. The difference is that the Wal-Mart version will be merchandise and not food. McDonald’s…
McDonald’s Corp. (NYSE: MCD) had a substantial insider sale today that may catch some eyes. Chief Executive Officer Jim Skinner unloaded some 150,000 shares via exercised stock options. Insider sales usually are…
Douglas A. McIntyre McDonald’s (MCD) did so well with its dollar menu that Wal-Mart (WMT) decided it will have one, too. The difference is that the Wal-Mart version will be merchandise and not food. The…
McDonald’s (MCD) added to the list of pleasant surprises from April economic activity. The world’s largest fast food company’s global comparable sales rose 6.9% in April, marking the 72nd consecutive monthly increase.…
Douglas A. McIntyre Investors flock to defensive stocks in times of trouble and and when they worry, assuming they look to stay in the market when they are worried. But if the trend here continues,…
Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Microsoft (MSFT) just released earnings that were mediocre but not any worse than was expected. It said that the balance of the calendar year would not be much better. In stating that,…
Starbucks Corp. (NASDAQ: SBUX) has performed rather well in the most recent 5-week stock market rally. After all, shares hit a low of $7.06 last November and challenged the $8.00 mark just…
The recession is claiming another American habit. People are not going out to drink coffee. They are making it at home, probably to save money. The National Coffee Association, which tracks these…
The economy is so bad that most people live in a world where they shop at Wal-Mart (WMT) and eat at McDonald’s. Finding entertaining things to do has simply gotten too expensive.…
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…
