Wal-Mart Stores Inc. (NYSE: WMT) is back on the chart breakout watch and it has risen at a time that the broader markets have been selling off. The shareholder vote last week…
The G7 will hold emergency talks about the eurozone, with special consideration of Spain. (Reuters) A Reuters/Ipsos poll shows that few Facebook users buy goods and services because of advertising and “likes,” and…
Wal-Mart Stores Inc. (NYSE: WMT) is in a bit of a strange situation due to its bribery scandal in Mexico. As the news headlines seemed rather shocking at the time, Wal-Mart’s stock…
Jon C. Ogg James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
Costco (NASDAQ: COST) continues to be the cream of big box retailers. May sales were up 7% to $7.67 billion. Same store sales were up 6%. Costco is not as large as…
China’s Ministry of Commerce told the nation’s official news agency, Xinhua, that the People’s Republic will be the country with the most online retail volume in the world by 2013. U.S. e-commerce companies do…
China wants to do business in Europe. It is the world’s largest region by GDP, even if the economy has slowed. But many companies in European nations have lost some of their…
In a conference presentation earlier this week, Bill Simon, the CEO of US operations for Wal-Mart Stores Inc. (NYSE: WMT), made some comments about the 10 Walmart Express stores the company now…
Paul Ausick Retailers have fared better than many other sectors over the past year, with the majority of share prices having risen although price to book values remain negative. Thus, either the sector is…
Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
Costco (NASDAQ: COST) continues its extraordinary run as the most successful big box retailer. Its “club membership” system has bettered the more traditional store operations of Wal-Mart (NYSE: WMT) and Target (NYSE:…
With 80% of the 120 companies it tracks having reported first quarter 2012 results, research firm Retail Metrics says that retailers who beat earnings estimates are up 5% year-over-year for the period,…
The California State Teachers’ Retirement System (CalSTRS), by many measures the second largest pension in the United States, has taken the advice of and has joined proxy advisory firms ISS and Glass Lewis in…
Merkel and Hollande will fight over stimulus for the eurozone at the EU summit. (Reuters) The OECD expresses concerns that Europe could slip into a deep recession. (Reuters) The EU debt crisis pushes global…
