Courtesy J.C. Penney Co. Inc.; photo by Chris RupertConsider the holiday sales season started, even though Labor Day weekend has not begun. A number of large retailers are stocking up for the…
courtesy of TargetIn its second-quarter earnings report released before markets opened on Wednesday, Target Corp. (NYSE: TGT) announced adjusted earnings per share (EPS) of $1.19 on revenues of $17.12 billion, compared with…
courtesy of Wal-Mart Stores Inc.Walmart is the largest American employer, with a workforce of nearly 2.2 million people. However, because of its international reach, only 1.3 million of those were employed in…
Jon OggNow that interest rates have risen and stocks have slid, investors are looking for bargain stocks but also trying to decide which stocks they should get out as well. These same…
ThinkstockSo far this earnings season U.S. retailers haven’t put up a very good show. Retailers that have already reported results said that customers had become cautious again during the quarter and same-store…
August 16, 2013: U.S. equity markets opened lower this morning following big down day on Thursday. In the U.S., the Census Bureau’s report on July housing starts put up a positive number,…
ThinkstockThe just released Reuters University of Michigan report on consumer sentiment is the preliminary report for August. While we argue that this reading focuses on far too few households to be a…
Jon C. Ogg ThinkstockU.S. railroads moved nearly 260,000 intermodal units (containers) in the week ended August 10. That is a 6.1% increase over the same week a year ago, and it is a hopeful sign…
Another Friday is here, and it is time to reflect on the stock market volatility that has picked up in the past couple of weeks. Investors likely are wondering which stocks may have…
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) sales are heavily concentrated in only about half the states in the U.S. To a lesser extent, Macy’s Inc.’s (NYSE: M)…
ThinkstockNordstrom Inc. (NYSE: JWN) reported second-quarter 2013 results after markets closed on Thursday. The department store chain posted quarterly diluted earnings per share (EPS) of $0.93 on revenues of $3.1 billion. In…
August 15, 2013: U.S. equity markets opened lower this morning as yields on 10-year Treasuries rose to a 2-year high. In the U.S., lower than expected new claims for unemployment benefits and…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B) and Warren Buffett have released the conglomerate’s stock holdings as of June 30, 2013. This 13F filing with the SEC shows that…
courtesy Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) reported second-quarter fiscal 2014 results before markets opened this morning. The retailing giant posted diluted earnings per share (EPS) of $1.24 on revenues of…
August 14, 2013: U.S. equity markets opened lower this morning even after the eurozone reported positive GDP growth in the second quarter, bringing an official end to the continent’s recession. Germany’s GDP…
