Two earnings reports this morning offer a contrast in the fortunes of companies that are in different parts of the retail sales chain. Target Corp. (NYSE: TGT) reported adjusted EPS of $0.87…
Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters) Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters) Dell…
Stocks opened lower this morning and stayed lower for nearly the entire first half of the day, with buyers most likely waiting to see what would happen with Italian bond rates. The…
The economic choppiness is coming to a head with the age of dividend hikes. The pressure is going to remain for companies to continue returning capital to shareholders while also looking for…
A number of retailers reported earnings this morning, and the results might be summarized as “mixed” at best. Wal-Mart Stores Inc. (NYSE: WMT), Home Depot Inc. (NYSE: HD), Saks Inc. (NYSE: SKS),…
CNBC: October Retail Sales up 0.5% CNBC: Home Depot Profit Rises, Ups Outlook http://cnb.cx/txVODD Zerohedge: Walmart misses EPS boosts forecast WSJ: Home Depot Profit Rises 12% http://on.wsj.com/swekqM NYT: Wal-Mart $WMT Q3 EPS…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of September 30, 2011 and this is the second group of ‘L to…
Earnings season may feel over, but this week is going to be riddled with key earnings reports that can move the market or move their sectors. The key earnings are all hitting…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter,…
Target (NYSE: TGT) announced in late 2009 that it would no longer use Amazon.com’s (NASDAQ: AMZN) tech platform to run Target.com. The country’s second largest retailer wanted to completely control its online…
The retail jamboree known as Black Friday seems to start earlier every year. The door-buster sales used to begin in the wee hours of Friday morning, but several retailers have already announced…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The…
Walmart (NYSE: WMT) said that the press was mistaken when several media reported the world’s largest retailer would create a national medical clinic system within its stores. The denial hardly matters. Walmart is…
Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters) China’s October imports rise but exports are weak. (Reuters) A deal to name a new prime minister…
Olympus says it concealed losses for decades. (Reuters) Italy’s sovereign debt interest rates rise sharply. (Reuters) Toyota’s (NYSE: TM) profits fall and it withdraws its full-year forecast. (Reuters) Greece cannot decide on…
