thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
Wikimedia CommonsA jury in Norfolk, Virginia, today awarded Vringo Inc. (NYSEMKT: VRNG) $30 million in patent infringement suit against Google Inc. (NASDAQ: GOOG) and several other companies. Vringo, originally a mobile phone…
U.S. equity markets opened mixed this morning as investors appear to be cautious as tomorrow’s elections get closer. Coupled with possible changes in the U.S., China will replace its leadership at its…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. ADT Corp. (NYSE: ADT) started as Buy at Citigroup. E.I. du Pont de…
courtesy of TargetSeveral retailers are announcing October same-store sales today, and the reports are generally good. Research firm Retail Metrics projects an overall gain of 4.6% for the month, excluding the impact…
starwars.comThe Force is Back! The Walt Disney Company (NYSE: DIS) has undoubtedly scored a major victory with its $4.05 billion acquisition of Lucasfilm. Star Wars fans will get to rejoice as the…
Package delivery giant United Parcel Service Inc. (NYSE: UPS) said yesterday that it plans to hire 55,000 seasonal workers to sort, load, and help deliver packages during the coming holiday season. The…
Big-box retailer Target Corp. (NYSE: TD) today announced that it has agreed to sell its credit card business to TD Bank Group (NYSE: TD) for the value of its receivables, currently about…
In its latest attempt to win over customers during the crucial holiday season, Toys“R”Us announced today that it will extend its free layaway plan until Dec. 16. The toy company has offered…
Apple vs. Samsung The intellectual property lawsuits between Apple Inc. (NASDAQ: AAPL) and Samsung continue to go back and forth. The latest court decision hurts Apple. A U.K. court said that the…
Apple Inc. (NASDAQ: AAPL) supplier Foxconn says an underage worker was used at one of its facilities. (Reuters) Intel Corp.’s (NASDAQ: INTC) earnings raise more concern about PC sales. (Reuters) A fight…
Amazon.com Inc. (NASDAQ: AMZN) will hire more than 50,000 seasonal workers to staff up its 40 U.S. fulfillment centers for the coming holiday shopping season. Amazon joins the ranks of other large…
courtesy Barnes & Noble Inc.Barnes & Noble Inc. (NYSE: BKS) CEO William Lynch said today that orders for the company’s just introduced Nook HD and Nook HD+ devices are coming in at…
In its report today on September retail sales, Target Corp. (NYSE: TGT) announced that beginning in January 2013, the company would no longer report monthly sales figures, including same-store sales: This decision…
Several retailers are announcing September same-store sales today, and the reports are generally good. Gains were not as large as in August, but are providing a positive outlook for the coming holiday…
