No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
Some figures picked up in the media from research house ShopperTrak showed retail sales on Black Friday up 3%, which was much better than the most gloomy forecasts. The level of consumer…
Pershing Square Capital is walking away from its idea of creating a REIT tied to locations owned by retailer Target (TGT). The capital markets may just be too horrible. Whatever the reason,…
Douglas A. McIntyre According to Reuters, Yahoo! (YHOO) CEO Yang resigned. Reuters reports that Japan expects a long recession. Reuters writes that Congress will take a first look at a new auto bailout bill. Reuters…
The retail sales numbers on Main Street are truly going to hell in a hand basket. The only bright spot is Wal-Mart Stores (NYSE: WMT), and that is just indicative of a…
According to Reuters, investors and banks are in a struggle over whether financial companies should be able to change the way they value assets under accounting rules. Reuters writes that improvements in…
Target Corporation (NYSE:TGT) has confirmed that activist Bill Ackman’s Pershing Square has shared various ideas for an alternative ownership structure related to Target real estate. It also said that this has been…
Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. He was…
The most bizarre thing about the economic slowdown is the continued strength of Urban Outfitters Inc. (URBN). Not only is the Philadelphia-based retailer continuing to post impressive results but its stock just…
According to Reuters, US inflation rose as the housing market continued to be troubled. Reuters reports that Hewlett-Packard (HPQ) beat Wall St. expectations. Reuters reports that Ebay (EBAY) will drop some of…
Target Corp. (NYSE: TGT) has just come out with earnings at $0.82 EPS on $15.47 Billion in revenues versus First Call estimates of $0.76 EPS and $15.46 Billion in revenues. The company’s…
Douglas A. McIntyre It is now no secret that we are in a very weak economic environment and if it is not an official recession it is for about 80% of the country. We’ve already…
These are some of the top downgrades or negative analyst calls we are seeing this Wednesday morning in early pre-market hours: ADC Telecom (ADCT) Cut to Neutral at Baird; Cut to Market…
With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America list. This…
