courtesy Best Buy Co. Inc.All industries in American business change and evolve over time. In some cases it is due to technological change, internal change within the specific industry, changes in consumer…
ThinkstockCostco Wholesale Corp.’s (NASDAQ: COST) annual sales run above $100 billion, more than twice J.C. Penney Co Inc.’s (NYSE: JCP) and Macy’s Inc.’s (NYSE: M) combined, and nearly 40% of those of…
thinkstockThe stock market is supposed to fall after reaching nearly all-time highs, because $85 billion in budget cuts have begun. But these will not move the stock market down, at least not for…
courtesy of Groupon Inc.Most analysts believed that it was only a matter of time before Groupon Inc. (NASDAQ: GRPN) CEO Andrew Mason lost his job. He controlled enough of the company’s shares…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc.’s (NYSE: WMT) chief administrative officer has left the retailer suddenly. Tom Mars was general counsel during a period (2002 to 2009) when the retailer allegedly…
Douglas A. McIntyre ThinkstockBoeing and Japan Japan’s airline industry has more to lose than that of any other nation as delays in fixing the Boeing Co. (NYSE: BA) 787 Dreamliner continue. All Nippon Airways (ANA)…
This last week sure felt like a long week in the market, although it was only a four-day week. We saw several key dividend announcements from some great American companies. Some of…
courtesy of AOL, IncGermany’s low exports cause its gross domestic product to drop in the fourth quarter. (Reuters) United Continental Holdings Inc. (NYSE: UAL) will not fly the Boeing Co. (NYSE: BA)…
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and…
ThinkstockSafeway Inc. (NYSE: SWY) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the grocery store chain posted adjusted diluted earnings per share (EPS) of $0.94 on…
ThinkstockThe January expiration of the 2% temporary cut in payroll taxes is beginning to exact its toll on the U.S. economy. A recent survey from the National Retail Federation (NRF) confirms what…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) is out with earnings. The world’s largest retailer spooked the markets recently with an internal memo about sales starting out very soft, but…
Jon C. Ogg U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected…
courtesy of Office DepotIf the press is correct, there is a very good chance that OfficeMax Inc. (NYSE: OMX) and Office Depot Inc. (NYSE: ODP) will merge, hundreds of stores will be…
courtesy of Office DepotRumors came out over the weekend that Office Depot Inc. (NYSE: ODP) and OfficeMax Inc. (NYSE: OMX) finally are considering a long-awaited and long-speculated merger. This will not be…
