Courtesy J.C. Penney Co. Inc.; photo by Chris RupertThe talk about the future of J.C. Penney Co. Inc. (NYSE: JCP) has turned to the chances of a sale. The first possible reason…
Douglas A. McIntyre ThinkstockSoros on Europe’s Troubles Why is Europe in such a difficult financial situation? Billionaire George Soros believes he knows. If only Germany would cooperate and offer more support to its weaker neighbors,…
Wikimedia CommonsAfter years of flourishing, some of America’s largest public corporations have stopped growing. In several cases, this trend began years ago. The companies that cannot grow fall into two categories. The…
courtesy of XeroxOne of the largest hurdles to the Xerox Corp. (NYSE: XRX) “recovery” is the extent to which its employees hold the company and its chief executive, Ursula M. Burns, in…
courtesy of Wal-Mart Stores Inc.Customer satisfaction with retailers is at an all-time high. However, while the industry improved overall, according to the American Consumer Satisfaction Index (ACSI), not all retailers received high marks. At the…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc.’s (NYSE: JCP) board has a problem. If it wants to sell the company, in lieu of kicking out Ron Johnson as CEO, as the…
ThinkstockAfter three consecutive years of 4%+ same-store sales growth in the month of February, the outlook for the month in 2013 calls for growth of 2.7%, primarily on a forecast of weaker…
thinkstockThe stock market is supposed to fall after reaching nearly all-time highs, because $85 billion in budget cuts have begun. But these will not move the stock market down, at least not for…
U.S. equity markets opened mixed this morning as the federal budget sequester appears to be set to go into effect tomorrow. Global data releases were also mixed. In Europe, the consumer price…
thinkstockShares of J.C. Penney Co. Inc. (NYSE: JCP) are down nearly 18% in the first few minutes of trading this morning following a disastrous quarterly earnings report delivered after markets closed last…
Paul Ausick ThinkstockSears Holdings Corp. (NASDAQ: SHLD) reported fourth-quarter and fiscal year 2012 results before markets opened this morning. The department store operator reported quarterly adjusted diluted earnings per share (EPS) of $1.12 on…
U.S. equity markets opened higher this morning following markets in Europe and Asia, most of which were also pointed higher. In Asia, equities were mostly higher following yesterday’s buoyant session in the…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) place so high on most customer satisfaction surveys that the repetition has made the conclusions commonplace. Unfortunately for several financially battered retailers,…
Wikimedia CommonsBased on a crude calculation of Amazon.com Inc.’s (NASDAQ: AMZN) holiday sales, its forecast revenue for the current quarter and its revenue growth rate, the e-commerce’s firm will reach $100 billion…
ThinkstockIt is the time of year again, when America’s largest retailers release those critical holiday season figures and disclose their annual sales. A review of these numbers tells us a great deal…
