US markets opened higher this morning and traded higher for most of the day. The DJIA briefly rose above 13,000 for the first time in nearly 3 years. But in the early…
Add Comcast Corp. (NASDAQ: CMCSA) to the list of challengers to the dominance of Netflix Inc. in the growing market for video streaming. Amazon.com Inc. (NASDAQ: AMZN) is the current owner of…
Wal-Mart Stores, Inc. (NYSE: WMT) has a new problem other than a disappointing earnings report. Unless the world’s largest retailer sees an immediate stock price recovery, this one now has a broken…
Jon C. Ogg There are reports out today that Barnes & Noble Inc. (NYSE: BKS) is set to launch an 8-Gbyte version of its Nook tablet tomorrow and Wal-Mart Stores Inc. (NYSE: WMT) is expected…
Investors did not think much of Walmart’s fiscal fourth quarter and full years earning. Walmart’s stock fell 4% immediately after its announcement. The one exception is that US sales, which have been troubled for years,…
Wal-Mart Stores Inc. (NYSE: WMT), the world’s largest retailer, posted fourth quarter and full year results this morning. For the quarter, the company reported EPS of $1.51, which includes about $0.07 of…
Paul Ausick As recently as 2009, Netflix was the most beloved retailer on the Internet. By the end of 2011, following the failed separation of its streaming and DVD by mail service and sharp…
Wynn Resorts (NASDAQ: WYNN) accused large business partner Kazuo Okada of fraud and bought out his position (Reuters) Ministers in the EU will make a final determination on Greece today (Reuters) Japan’s huge trade…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2011. We have included some accompanying notes on each and…
A recent Gallup poll showed that most Americans view the Chinese economy as more powerful than America’s. The media regularly reports that China’s currency value is set to damage its trade equality with the…
A new survey by Consumer Reports rated both in-store and online shopping. The poll covered responses from over 26,000 people Costco (NASDAQ: COST) ranked first, not surprising because of the reputation of…
Instead of admitting that it has, in the past, sold food with too much sodium, salt and sugar, Walmart (NYSE: WMT) has made a public relations bonanza of its decision to sell…
Glencore and Xtrata agree to a $90 billion merger. (Reuters) Greek leaders face a deal for settling sovereign debt matters as workers strike. (Reuters) Toyota (NYSE: TM) posts good third-quarter profits and…
Here we go again: the Good E-Reader blog is citing “sources close to the situation” for the story that Amazon.com (NASDAQ: AMZN) is preparing to open a bricks-and-mortar store in Seattle. The…
The last time shares of Wal-Mart Stores Inc. (NYSE: WMT) topped $62 and change was almost exactly 10 years ago, in January 2002. The stock has posted a new 52-week (and 10-year)…
Paul Ausick 
