Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade following WWII,…
Retailers are reporting August same-store sales numbers today, and on the whole the reports are positive after a very cautious and dismal July. August is prime back-to-school shopping time, the retailers second-largest…
Best Buy Co., Inc. (NYSE: BBY) is in a virtual conundrum. The stock has been hitting 52-week lows after a new fresh low of $31.25 Wednesday versus a $32.48 close on the…
These are some of this Tuesday’s top research calls with upgrades. downgrades, and initiations seen from Wall Street analysts: 3M Co. (NYSE: MMM) Cut to Underweight at JPMorgan. Aegon NV (NYSE: AEG)…
Earnings season isn’t quite over yet. We still have some rather large, some giant, earnings on deck next week. We have an earnings duel between The Lowe’s Companies (NYSE: LOW) and The…
Free Wi-Fi has been a marketing tool at restaurant and beverage establishments including McDonald’s (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Now Walmart (NYSE: WMT) has decided the service will help it attract…
There are many issues on deck for The Unusual Suspects that are carryover issues from Friday or which have events on the schedule. This week’s Unusual Suspects for the week ahead covers…
Retailers are reporting July sales figures this morning, and so far there’s not a lot of excitement. July is the time when stores clear out summer merchandise to stock up on back-to-school…
Target Corp. (NYSE: TGT) and Best Buy Co (NYSE: BBY) tried to suck up to State Rep. Ron Emmer, a conservative Republican who has a good chance of becoming the next governor…
One of three respondents in a recent survey said they would spend less on consumer goods over the next 90 days than they said they would in June. The drop was 6…
The June audience of ESPN.com soared to 30.6 million unique visitors as people checked out the World Cup online, according to research firm comScore. That moved it ahead of well-known sites including…
Short sellers pushed back into banks and other financial firms during the period that ended on July 15. It may be that they sensed earnings would be weak. Or, that the recent…
Retail sales reports for the month of June are arriving thick and fast this morning, but the news is lukewarm at best and the outlook for the back-to-school season is soft. Consumer…
For a while there, during the economic downturn that started in the second half of 2008, Wal-Mart Stores Inc. (NYSE:WMT) looked like it had found a large number of new customers for…
Reuters: The White House budget director will leave. Reuters: China’s state-owned banks are buying dollars. Reuters: Intel (NASDAQ: INTC) and the FTC are in talks to settle a market abuse case. Reuters: …
