Walmart Misses Estimates (WMT)
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…
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…
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)…
Many of the companies that have entered the online content business have stumbled. Amazon.com (NASDAQ: AMZN) has a service. So does Walmart (NYSE: WMT). There are already several leaders, including crippled Netflix (NASDAQ:…
Bricks-and-mortar stores have been concerned for some time that their shoppers would come to their stores, find products, and then go online to get the best prices. Store, in essence, has started…
Carrefour is not as large as Walmart but it is large enough to be a proxy for retail sales in its home market of Europe. And, Europe is done badly Carrefour appointed a new CEO.…
A thirty-year tradition at Wal-Mart Stores Inc. (NYSE: WMT) is about to be scrapped as the company eliminates its door greeters from the overnight shift. The company is trying to shore up…
Sears Holdings Corporation (NASDAQ: SHLD) has been a disaster of a stock over the long-term, but it is off to one incredibly strong recovery in share prices in 2012. The trough to…