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…
According to Reuters, Microsoft’s (MSFT) Steve Ballmber said his company will not bid for Yahoo! (YHOO). Reuters writes that HP’s (HPQ) operating margin rose to 10% in the last quarter. Reuters writes…
Target Corporation (NYSE:TGT) has reported its Q1 net income of $602 million, down from $651million in the same quarter in 2007. It saw a 1.4% drop in earnings per share to $0.74…
On Tuesday, May 20, 2008, we’ll see earnings out of Target Corporation (NYSE: TGT) and we’ll get to see just how the "recessed" client base is as far as shopping on a…
Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings this coming Tuesday morning before the open. The company already gave an approximate revenues number of $94 Billion. As you will see…
The hallmark of some of the most successful companies over the last fifty years is that the CEOs spent a great deal of their time with customers and at company locations around…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper to Blackrock. Reuters writes that Bernanke says that high foreclosure rates are…
In what could be a brilliant move if the recession and drop in retail sales worsen, Target (TGT) has agreed tot sell $3.6 billion of its credit card loan portfolio to JP…
Most large corporations amplify the distrust that the common man has for them by making misstatements from time to time. It is Wal-Mart’s (WMT) turn in the gauntlet of public opinion. The…