According to comScore, "online retail spending was strong on both Thanksgiving Day (up 29 percent to $272 million) and “Black Friday” (up 22 percent to $531 million), outpacing the season-to-date growth rate."…
The Wall Street Journal makes the point that the markets are starting to turn against share buy-backs. And, in the case of companies like Fannie Mae (FNM) or Freddie Mac (FRE), that…
According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson said home loan defaults will be much higher in 2008. Reuters writes…
Shares of Target Corp. (NYSE:TGT) are trading higher despite what might be a somewhat disappointing earnings number. The company posted EPS at $0.56, although First Call had $0.62 EPS as the target.…
Douglas A. McIntyre Sears Holdings (SHLD) appears to be making a play to buy specialty retailer Restoration Hardware. (RSTO). Catterton Partners has already agreed to pay $6.70 for the company. But, when work got out…
These are not the only analyst calls moving stocks today, but these are the top calls that 24/7 Wall St. is focusing on: Activision (ATVI), GameStop (GME) and THQ Inc. (THQI) all…
There are many other impacting analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on: The Andersons (ANDE) raised to Buy at Banc of America. Autodesk…
McDonald’s (MCD) has an increase in same-store sales for October of 6.9%. Overall system-wides sales were up 14.2%. In the U.S., comparable sales climbed 5.4% as customers continue to visit McDonald’s for…
Target Corp. (NYSE:TGT) just posted its same-store-sales figures for October, and it is considerably better than the situation over at Fall-Mart. Target posted a gain of +4.1% on a comparable basis. Analysts…
Douglas A. McIntyre Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey. That means that…
Target Corp. (NYSE:TGT) is slightly lowering its comparable sales targets for October, no pun intended. The company previously forecast a 3% to 5% gain for October sales, but now it said in…
Douglas A. McIntyre Sears Holdings Corp. (NASDAQ:SHLD) enjoyed a meteoric rise from 2003 to 2005, but now the company is facing the dead money status for investors after recently hitting near-term lows. Eddie Lampert knows…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
Reuters writes that The Center for Environmental Health has been surveying toys sold by a number of retailers and has found Curious George dolls, back-packs and lunch boxes with excessive amounts of…
Sears Holdings (SHLD) was supposed to be the next Berkshire Hathaway. It does not seem to be working out that way. After a poor earnings performance and rough same-store sales, SHLD hit…
