Jon OggStocks have enjoyed a serious bull market, and we still have the S&P 500 Index and the Dow Jones Industrial Average both up by double digits so far in 2013. As…
courtesy Wal-Mart Stores Inc.One year ago today, The New York Times published its story on the payment of millions of dollars in bribes paid by Wal-Mart Stores Inc. (NYSE: WMT) to aid…
Paul Ausick ThinkstockUBS has initiated new analyst coverage of the large retailers this morning, and we have focused on the big three retailers: Costco Wholesale Corp. (NASDAQ: COST), Target Corp. (NYSE: TGT) and Wal-Mart Stores…
ThinkstockRetailers are announcing March same-store sales figures today. Research firm Retail Metrics projected an overall gain of 1.5% year-over-year, compared with a 2% gain in February and a 3.9% gain in March…
courtesy of General MotorsThe press made a great deal of noise about General Motors Co.’s (NYSE: GM) decision to test Facebook Inc. (NASDAQ: FB) as an advertising medium. When the car company…
Many retailers will be reporting March same-store sales later this week, and the outlook is not pretty. According to research firm Retail Metrics, same-store sales will rise just 1.6% year-over-year in March.…
Frank Golhen, via Wikimedia CommonsThe research team at Bank of America Corp.’s (NYSE: BAC) Merrill Lynch is out looking for the market strength to continue. Keep in mind that this is not…
courtesy of AOL, IncThe Bank of Japan will increase government bond buying in an effort to end deflation. (Reuters) Delta Air Lines Inc. (NYSE: DAL) sues the Export-Import Bank over support it…
courtesy of AOL, IncGlencore says it will delay its deal to buy Xstrata while China reviews the marriage. (Reuters) NASDAQ OMX Group Inc. (NASDAQ: NDAQ) buys eSpeed for $750 million. (Reuters) Apple…
ThinkstockToys”R”Us, battered by the same problems that have beset Barnes & Noble Inc. (NYSE: BKS) and Best Buy Co. Inc. (NYSE: BBY), has pulled its initial public offer in at statement filed…
ThinkstockChina has alienated U.S. companies and the federal government by what is clearly the hacking of American-based websites from inside the borders of the People’s Republic. The exact location of the hacking…
ThinkstockRoyal Dutch Shell PLC (NYSE: RDS-A) must face an investigation over its drilling activities in Alaska. (Reuters) Chesapeake Energy Corp.’s (NYSE: CHK) CEO search will go beyond a deadline set for the…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) owned up to the fact that investigations into bribery allegations, particularly in Mexico, could cost it a great deal of money. In its…
Douglas A. McIntyre Brian Solis, via Wikimedia CommonsJ.C. Penney Flip-Flop J.C. Penney Co. Inc.’s (NYSE: JCP) CEO Ron Johnson is either lowering prices on much of the troubled retailer’s store inventory or raising those prices…
courtesy of NetflixA Fed study says China growth will slow in 2030. (Reuters) Citigroup Inc. (NYSE: C) may cuts its cash position to $35 billion to redeem expensive debt. (Reuters) Battery problems…
