In recent days we could not help but notice how Wal-Mart Stores Inc. (NYSE: WMT) made some significant reductions to its holiday layaway plans to make it more affordable and available. We…
Troubled retailer Sears Holdings (NASDAQ: SHLD), which was formed by a 2005 merger of Sears and Kmart, was thrown out of the S&P 500 as of September 4. It will be replaced by specialty chemical…
Some members of the Fed believe there is no need for QE3 and interest rates may be set higher by the central bank before 2014. (Reuters) Facebook Inc. (NASDAQ: FB) shares drop…
The three major US stock indexes opened somewhat higher this morning following better-than-expected data on UK retail sales and an inline reading on Eurozone CPI (more coverage here). The news out of…
Sears Holdings Corp. (NASDAQ: SHLD) reported an adjusted second-quarter net loss of $0.86 per share and $9.47 billion in sales before markets opened today. In the same period a year ago, the…
Paul Ausick The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…
According to a report in today’s New York Post, Sears Holdings Corp. (NASDAQ: SHLD) “has met with investors about selling the Lands’ End brand, which accounts for as much as half the…
Paul Ausick Sears Holdings Corp. (NASDAQ: SHLD) is surging this morning after the Eddie Lampert-run entity has filed with the Securities and Exchange Commission to spin out the Sears Hometown and Outlet Stores, Inc.…
Jon C. Ogg U.S. stock futures are marginally lower this morning, suggesting the S&P 500 Index could halt its longest advance in 20 months. Reports of slowing growth in Japan fueled concern that the global…
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
Spain has decided the only way to tackle its budget deficit is via extremely sharp expense cuts coupled with a more modest move to increase taxes. Prime Minister Mariano Rajoy says his government will…
Discount retailer Family Dollar Stores Inc. (NYSE: FDO) reported results for its third fiscal quarter this morning that were pretty much in line with expectations. EPS came in at $1.06 compared with…
Wal-Mart Stores Inc. (NYSE: WMT) is supposed to be most worried about the likes of Target Corporation (NYSE: TGT), Costco Wholesale (NASDAQ: COST), and even the down and out Sears Holdings Corporation…
