comScore today released data that shows households with incomes under $50,000 are not lifting their online spending much from the holiday season last year. Sales from this demographic group are up only…
The online e-commerce business is booming this year. The total value of goods bought online is up 19% for the period from November 1 through December 11 to $20.49 billion. This past…
December 6 was the biggest online sales day in history, at least according to comScore. Online buyers spent $803 million dollars that day. up 28% from the same day last year. It…
These aren’t the only analyst calls we are watching, but these are the top ten that 247wallst.com is reviewing: Activision (NASDAQ: ATVI) raised to Buy from Neutral at Piper Jaffray. Hansen Natural…
There is no crying in baseball or whining in big business. Sears CEO Aylwin Lewis said, regarding the company’s 99% drop in earnings in the last quarter: "We are very disappointed in…
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…
