The Biggest Corporate Layoffs of All Time
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a…
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a…
A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in the region.…
JC Penney (NYSE: JCP) may buy a 16.6% stake in Martha Stewart Omnimedia (NYSE: MSO) according to The New York Times. The price would be $3.50 a share, or a 16% premium to…
Holiday e-commerce sales continue to set records. Amazon.com (NASDAQ: AMZN), which is the leader in e-commerce sales by far as a single company, is likely to be among the major beneficiaries of…
Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and the worst…
Hitwise released its report about e-commerce activity at the top 500 online retailers on Cyber Monday. Overall activity rose 24%, which is in line with other data. The online research firm said…
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
comScore (NASDAQ : SCOR) reported U.S. retail e-commerce spending for the first 25 days of the November – December 2011 holiday season. For the holiday season-to-date, $12.7 billion has been spent online, marking…
Many stores are planning to open early on Black Friday in an effort to get a jump on holiday shopping, but spending increases are not expected to rise more than 3% or…
A new study by the National Federation of Retailers makes a prediction that runs counter to almost every other forecast of holiday shopping activity. The data shows that the number of people who say…
An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart are flat,…
Stock prices plunged this morning and spent most of the day trading way down. The DJIA hovered around -300 points for most of the day, while the NASDAQ was off around -50…
Ace Hardware – Midnight Friday Enter to win a Craftsman 5-drawer Tool Center. A.C. Moore – 5 a.m. Friday Free $10 gift card to the first 50 customers. Bealls – Midnight Friday…
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse. CIGNA Corp. (NYSE:…