Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and include the…
It is not unusual for large American public companies to be controlled by a founder, a founding family or a corporation that bought out the large majority of shareholders at some time…
Wal-Mart Stores Inc. (NYSE: WMT) is still deep in the soup. Since the news broke over the weekend over bribes in Mexico involving its current and former top-brass, Wal-Mart shares have slid…
The Walmart statement of ethics is the core of the company’s values: Each business organization Walmart operates is expected to have a complete set of policies providing guidance to associates for whatever country they are working in. Walmart also publishes…
Big box retailer Target Corp. (NYSE: TGT) this morning announced a 7.3% same-store sales boost in March compared with March 2011. The company’s CEO was pleasantly surprised: March sales were well above…
Paul Ausick Vringo Inc. (AMEX: VRNG) has filed a Form S-3 with the US Securities and Exchange Commission announcing the sale of 2.76 million shares of the company’s stock on behalf of existing shareholders.…
Tesco (NASDAQ: TESO), the largest retailer in the UK, said it would add 20,000 jobs between now and 2014. It is the largest employer in the UK, with 270,000 workers. The move…
Anheuser-Busch InBev NV may buy China’s Kingway Brewery Holdings’ assets. (Reuters) The Department of Justice is expected to widen its probe of mortgage-backed securities. (Reuters) AT&T (NYSE: T) sets new standards that will impose penalties…
Target (NYSE: TGT) and Wal-Mart (NYSE: WMT) are sick of letting firms like Google (NASDAQ: GOOG) make money on customers who use mobile devices to make retail purchases. Among other things, affinity…
Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers — in some cases, much better than expected. We have reports from 15 companies: Costco…
Costco (NASDAQ: COST) issued extraordinarily strong February sales numbers along with its earnings for the period that ended February 12. Revenue for the quarter rose from $20.9 billion last year to $23…
Retail Metrics is out with its preliminary expectation for February same-store sales data to be released later in the week. Keep in mind that February has an extra day compared to 2011…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. ARM Holdings PLC (NASDAQ: ARMH) Started as Overweight at Piper Jaffray. AvalonBay Communities, Inc.…
