The US Senate has passed legislation that could make it easier for the Treasury Department to hit China with sanctions as a currency manipulator. China’s response, so far, has been to tell…
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Carrefour is the largest retailer in Europe and the second largest in the world. Like Walmart (NYSE: WMT), it has struggled to make sales in it core market. Carrefour just dropped its…
Douglas A. McIntyre Aol’s (NYSE: AOL) CEO approaches large investors about a merger with Yahoo! (NASDAQ: YHOO). (Reuters) The IMF says China can weather global financial and economic risks. (Reuters) Wall St. will watch Google…
British high-end clothier Burberry PLC reported that sales for its first six months of the year rose 30% on strong demand for its signature trenchcoats and accessories. The company noted that its…
The Senate passed a bill that would press China to allow the value of its currency to rise. It is time to take stock of what the action would cost America if…
While the debate rages over whether or not the U.S. should enact legislation aimed to curb currency manipulation — and specifically the Chinese peg to the U.S. dollar — the impact of…
99 Cents Only Stores (NYSE: NDN) was supposed to be acquired for somewhere between $22.00 and $24.00 per share according to reports in mid-September. The company was supposed to have interest from Apollo…
When the summer selling was reaching a first climax in August, 24/7 Wall St. released “The Great Dividend Portfolio” for dividend investors who search for both high-yield and some degree of safety…
The management team at Netflix Inc. (NASDAQ: NFLX) apparently spent the weekend trying to come up with a way to back down from the company’s recent announcement that it would split its…
Dexia rescued, part nationalized and part receives guarantees from Belgium. (Reuters) Germany and France agree to crisis plans for the region’s banks. (Reuters) A huge growth of debt in China could cause…
Walmart announced a partnership today with the world’s largest social media service offering unique Facebook pages for 3,500 of its stores. The move, according to the world’s largest retailer, is an effort…
Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal fourth-quarter and full fiscal year earnings before markets opened this morning. The headline numbers look pretty good, but the fine print might be telling…
Back in the day, a layaway plan made sense for many consumers who did not have the full purchase price of an item but could pay regular small installments until the item…
