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…
Ralcorp’s (NYSE:RAH) board of directors unanimously rejected the latest merger proposal from ConAgra Foods (NYSE: CAG), saying the $5.18 billion unsolicited bid was not in the best interest of the company. Given…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
The outlook for US holiday season retail sales is either good or not so good, depending on whom you ask. Cargo container shipping has been slow in July and August, leading to…
Last April Dish Network Corp. (NASDAQ: DISH) paid $320 million to acquire Blockbuster Inc. out of bankruptcy. Speculation at the time suggested that Dish would enter the streaming video and DVD-by-mail market…
China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when…
Web site visitors didn’t set any records last month, but they also didn’t lose any ground. Among the leading sites, some had small gains and others had small losses. Overall though, more…
According to Netflix Inc. (NASDAQ: NFLX) CEO Reed Hastings, the company’s recent diving stock price reflects a failure on his part to communicate clearly what the company is doing. That sort of…
If there is one single obvious trend you need to burn into your brain regarding retail it is this: DOLLAR STORES!!! After that it is discount stores. Even though dollar stores are…
The first votes are in on the pricing scheme introduced in July by Netflix, Inc. (NASDAQ: NFLX) and it appears that the company’s subscribers are voting with their feet. Netflix now expects…
Moody’s cuts ratings of France’s Credit Agricole and Societe Generale as Greek debt trouble spreads. (Reuters) Federal Reserve may try to help the economy with more bond purchases. (Reuters) Yahoo! (NASDAQ: YHOO)…
If you can’t dazzle them with your brilliance, then try baffling them with your footwork. That appears to be how Best Buy Co., Inc. (NYSE: BBY) is selling its weak second quarter…
Obama proposes a $447 billion job stimulation package. (Reuters) Economic problems to be the focus of G7 meetings. (Reuters) One Super Congress member threatens to quit over concerns about military budget cuts.…
The US Department of Energy has issued a conditional commitment for a partial guarantee of a $344 million loan for solar PV installer SolarCity. The company will install rooftop solar PV systems…
