This is the Twitter-24/7 Wall St. market report for November 17, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
Douglas A. McIntyre So much for thinking that earnings season was over. Next week we have a another round of earnings, with the big focus being retail mixed with some technology earnings. On deck is…
Walmart.com (NYSE:WMT) began to offer free shipping today on many items such as electronics, toys and jewelry. Most of the products in the program are not available in stores. The gambit is…
Chine criticized the US for its QE2 program because it believe the move will add to much liquidity to emerging markets. (Reuters) Regulators have begun to examine Citigoup debt funds to see…
Retailers are out with October sales reports and the news is mixed. Perhaps the biggest surprise was teen clothing store Zumiez Inc. (NASDAQ:ZUMZ), which saw same-store sales soar 21.5% in the month.…
E-commerce sales are still below 10% of all retail sales in the US, but the category has posted a better growth rate than bricks-and-mortar revenue for some time. comScore reported that between…
One of the few bits of investing conventional wisdom that nearly everyone accepts is that people should always look out for number one. The problem with following that advice is investors may…
Reuters: Obama must decide whether China will be designated a “currency manipulator” before the midterm election. Reuters: Google (NASDAQ: GOOG) shares were up after earnings. Reuters: GM’s IPO should be in mid-November.…
Wal-Mart (NYSE: WMT) continues to sell a number of products which contain high lead levels and some of these are toys. The same is true about children’s products sold by Target (NYSE:…
We already knew that September was not going to be as cautious in retail sales compared to some of the summer months. What was not known was that some of the gains…
Giving a discount on goods as a reward for opening up a credit account is not exactly a new trick by retailers. That is what Target Corp. (NYSE: TGT) is offering up. …
Jon C. Ogg The results of Costco Wholesale (NASDAQ: COST) for the September quarter were impressive, even if they are already priced into the retailer’s shares. Net sales for the fiscal 2010 fourth quarter, the…
Wal-Mart Stores Inc. (NYSE: WMT) has just pumped up the pressure on its competitors in the pharmacy business. The retailing giant has announced a joint program with Humana Inc. (NYSE: HUM) to…
The first half retail sales numbers were anemic and so were back-to-school numbers. It has been assumed that a weakening economy would harm 2010 holiday sales as well. Don’t tell that to…
The recession is, by the standard measurement, over. The National Bureau of Economic Research’s Business Cycle Dating Committee said the downturn ended in June 2009. Most polls of individuals and company executives…
