ThinkstockRetailers are announcing May same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.8% year-over-year, compared with a 1.4% gain in March and a 3% gain in April.…
ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in March and April rose just 1.4% and 3%, respectively, so the most recent…
U.S. equity markets opened slightly higher this morning but lost steam in the afternoon to finish with a loss for the first Tuesday in a record streak of Tuesdays. In Europe, Spain…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, June 4, 2013. They include FedEx, GE, Ulta Salon and Walmart.
ThinkstockThe new American energy boom is underway as U.S. oil and gas production has taken off. The equity and quant analysts at Merrill Lynch see a particular advantage for firms most geared…
courtesy of Facebook Inc.Apple Inc’s (NASDAQ: AAPL) CEO Tim Cook says he expects the company to release more innovative devices. (Reuters) Investors are worried about why the Procter & Gamble Co. (NYSE:…
ThinkstockEarnings from Sears Holdings Corp. (NASDAQ: SHLD) were so awful that Wall Street pushed its stock price down close to 10%. The question is whether the company can overcome the lack of…
By World Economic Forum (Flickr) CC-BY-2.0, via Wikimedia CommonsIn the battle of the billionaire lists, Forbes has held the high ground for years. Now, Bloomberg Billionaires has taken a prominent spot in…
courtesy Making Change at Walmart and UFCWWall Street considered almost all the news from Wal-Mart Stores Inc.’s (NYSE: WMT) earings as bad. U.S. comp sales declined 1.4% in the 13-week period from Jan. 26…
ThinkstockRecord Air Traffic This Summer For those who do not have to travel by air this summer — don’t. The number of seats filled will hit near-record levels. Airports will be crowed, in…
courtesy of AOL, IncThe European Central Bank may begin to identify weak banks and deny them aid. (Reuters) Foxconn, once one of Apple Inc.’s (NASDAQ: AAPL) largest suppliers, says it needs additional…
U.S. equity markets opened mixed this morning following a blizzard of data releases on the U.S. economy. Before that data came out, however, there was some positive data out of both Europe…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) reported first-quarter fiscal 2014 results before markets opened this morning. The retailing giant posted diluted earnings per share (EPS) of $1.14 on revenues…
Paul Ausick White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett released the conglomerate’s stock holdings as of March 31, 2013. This 13F filing with the SEC shows that the…
U.S. equity markets opened slightly lower this morning following a number of data releases related to the U.S. economy. Producer prices declined in April and the New York manufacturing index came in…
