According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales. Reuters writes that the UAW struck GM (GM) as contract negotiations failed. Reuters reportst that…
Lowe’s (LOW) management must not have wanted the Target (TGT) people to feel all alone when they cut their same-store sales forecasts. Lowe’s chopped its earnings estimate after the market closed. The…
When the sleigh and reindeer land on roofs across American this holiday, the gift bag will be filled with home heating oil and mortgage bills. Santa is bringing a recession for Christmas.…
Target Corporation (NYSE:TGT) shares traded up 1.5% to $62.72 in normal trading today, but shares are up another 2% in after-hours trading. The red-dot announced today that it is reviewing potential ownership…
Douglas A. McIntyre Just yesterday and the day before, the tone was looking to be that sub-prime fallout and the recent tightening on credit was helping to squash Joe Q. Consumer in the U.S. Yesterday,…
You have to love a morning where Target (NYSE:TGT) and Wal-Mart (NYSE:WMT) have big news out on the same day. This morning both retail giants released August Same-Store-Sales. Surprisingly, both did pretty…
Target Corp. (NYSE:TGT) reported in-line earnings and gave guidance that was basically in-line with prior targets. The retail giant posted $0.80 EPS against $0.80 estimates, and revenues were $14.62 Billion versus $14.67…
Target Corp. (NYSE:TGT) will report earnings Tuesday morning with a conference call to follow. Shares closed up Friday but are down with the market today. First Call is expecting EPS to be…
Target Corp. (NYSE:TGT) reports earnings on Tuesday, and it traded up with the broader market today. Shares closed up 2.3% at $61.18. First Call is expecting EPS to be $0.80 on revenues…
The world retail behemoth that goes by the name of Wal-Mart will report earnings pre-market on Tuesday, August 14. We just saw the July same store sales Thursday, so much of the…
The last anyone heard, US companies manufactured goods in China because labor costs were low and the out-sourcing saved money. Yesterday, Mattel’s (MAT) Fisher division recalled about one milion toys. They had…
The Sierra Club is chasing around Target (TGT) and some other US corporations for not reporting that some of the toys it has been selling have levels of lead that are two…
Douglas A. McIntyre Pershing Square Capital now owns 9.6% of the shares of retailer Target (TGT). There had been news that the fund was holding about 5%. Speculation is that Pershing would like to see…
According to Reuters, Energizer (ENR) will buy Playtex (PYX) for just under $1.2 billion. Reuters writes that GE (GE) plans to sell its WMC mortage unit. Reuters reports that Boeing’s (BA) orders…
With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt: Airlines: It looked like they might get something…
