Media Digest (8/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits…
LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits…
Steve Jobs’s transition from CEO of Apple (NASDAQ: AAPL) to chairman has caused a great deal of ink to be spilt on the departure of other famous CEOs, such as Walt Disney,…
Online sales success has become critical to major retailers. All evidence shows that e-commerce continues to grow at double-digit annual rates while in-store sales in the U.S. have barely grown at all…
Deep discount retailers could be preparing for a comeback after slowing down somewhat since the beginning of the year. This includes dollar stores, but also includes the clearance and deep discount stores. …
Most companies want to be number one in their markets. Once there, however, they have trouble keeping the top spot for long. They are flanked by smaller, nimbler companies that have better…
Study after study has demonstrated the income disparity between women and men. Not surprisingly, this gender discrimination carries all the way into America’s boardrooms and corporate suites, where women continue to be…
Shares in home improvement store Lowe’s Companies, Inc. (NYSE: LOW) were trading higher by around 3% in the pre-market this morning on news that the company will initiate a $5 billion stock…
One study after another has demonstrated the income disparity between women and men. Not surprisingly, this gender discrimination carries all the way into America's boardrooms and corporate suites, where women continue to…
Walmart’s (NYSE: WMT) domestic sales may have stumbled, but its online presence is still dominant. July Comscore figures show that Walmart’s sites had 38.7 million unique visitors. That is nowhere close to…
William Ackman’s Pershing Square Capital Management has dumped more money into J.C. Penney. It is a mistake, unless he has some undisclosed plan to mine assets which are not obvious or break…
A 4% collapse of the markets today pushed the DJIA under 11,000 for the second time in two weeks. The market sentiment now is such that the index may be under that…
Walgreen Co. (NYSE: WAG) is just a drugstore… Right? Maybe not any longer in entirety. As of last year, the company operated 7,650 drugstores and it owned 37 strip shopping malls. It…
Sears Holdings Corp. (NASDAQ: SHLD) posted a 52-week low on the first trading day after the downgrade of US debt. That low point might not last too long given the company’s second…
Target Corp. (NYSE: TGT) reported earnings this morning and the second quarter results were solid if not spectacular. Target posted EPS of $1.03 vs. expectations of $0.97. Net profit rose from $679…
SABMiller makes a hostile bid for Foster’s Group. (Reuters) The Swiss National Bank says the franc is overvalued. (Reuters) News Corp. (NASDAQ: NWS) management under more pressure as a reporter says News…