courtesy J.C. Penney Co. Inc.There has always been a Wall St. trend for the spotlight to shine on the smartest guy in the room at any given time. Whether they be one…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc.’s (NYSE: JCP) CEO Ron Johnson is either lowering prices on much of the troubled retailer’s store inventory or raising those prices instead. Most analysts…
Brian Solis, via Wikimedia CommonsJ.C. Penney Flip-Flop J.C. Penney Co. Inc.’s (NYSE: JCP) CEO Ron Johnson is either lowering prices on much of the troubled retailer’s store inventory or raising those prices…
RadioShack Corp. (NYSE: RSH) just cannot manage to find any love. The troubled electronics retailer was downgraded to Neutral at BofA/Merrill Lynch, which is really just part of the ongoing wave of…
Jon C. Ogg ThinkstockCostco Wholesale Corp. (NASDAQ: COST) reported second-quarter fiscal 2013 results before markets opened this morning. The warehouse club retailer reported diluted earnings per share (EPS) of $1.24 on revenues of $24.34 billion.…
ThinkstockRetailers are announcing February same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year, compared with a 5.1% gain in January and a 4.2% gain in February…
courtesy Best Buy Co. Inc.All industries in American business change and evolve over time. In some cases it is due to technological change, internal change within the specific industry, changes in consumer…
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…
courtesy of TargetTarget Corp. (NYSE: TGT) reported fourth-quarter and fiscal-year results before markets opened this morning. The big-box retailer posted adjusted diluted earnings per share (EPS) for the quarter of $1.65 and…
Paul Ausick U.S. equity markets opened higher this morning and wobbled around before heading upward for most of the day. Strong home prices and a surge in the consumer confidence index (more coverage here)…
Jon OggThe week ahead is going to have many key earnings reports. Retail is heavily represented, while technology and banking giants are non-existent. Some of these are stocks which can move big…
ThinkstockIn its quarterly report on estimated e-commerce retail sales released today, the U.S. Census Bureau said that adjusted online sales jumped 15.6% year-over-year in the fourth quarter of 2012. On an unadjusted…
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,…
ThinkstockRetailers are announcing January same-store sales figures today. Research firm Retail Metrics projects an overall gain of 2.8% year-over-year, compared with a 4.8% gain in December and a 2.9% gain in January…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and cut…
