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…
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…
