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…
CNNMoney: Permits to build new homes slump 3.2% and new home construction drops 1.5% in July, the government says. MarketWatch: U.S. housing starts fall 1.5% in July as building permits drop; June…
Douglas A. McIntyre Sam Walton left his children his share of the world’s largest retailer–Walmart (NYSE: WMT). The family still has the control block–1.68 billion shares or over 48% of outstanding. S Robson Walton is…
A sell-off of major bank stocks and sovereign securities makes it likely that France and Germany will determine the short-term future of the eurozone in upcoming meetings. (Reuters) Google (NASDAQ: GOOG) makes…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2011 and this is the second group of ‘M to…
Wal-Mart Stores Inc. (NYSE: WMT) has continued to be the most dominating brick and mortar force in retail, even if it is far from the most attractive and even if it has…
The coming week has many key earnings reports, some tech and some retail. We have tracked the major reports by day, shown Thomson Reuters estimates, as well as given price action, and…
Updated throughout the day The SEC is exploring who knew about the downgrade of US debt to AA+ before the information was public (WSJ) Wal-Mart (NYSE: WMT) may but the Brazilian operations…
Douglas A. McIntyre What on earth are investors supposed to do when T-Bonds offer almost zero income? Interest rates are now so low that the price-risk in long-term Treasury bonds is too great. Ben Bernanke…
Just a day after closing its MP3 music download offering, Wal-Mart Stores Inc. (NYSE: WMT) has launched a streaming video service for the iPad from Apple Inc. (NASDAQ: AAPL). Walmart already offers…
Apple (NASDAQ: AAPL) became the most valuable company in America yesterday when its market cap passed Exxon Mobil’s (NYSE: XOM). The move draws attention to what market capitalization means, and why it…
Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million.…
Goldman Sachs (NYSE: GS) says QE3 was likely after the Fed’s recent comments. (Reuters) HSBC (NYSE: HBC) sells its U.S. credit card business to Capitol One. (Reuters) China not likely to raise…
Apple (NASDAQ: AAPL) briefly became the most valuable company in the world today. When it hit $364 billion in worth, it passed long-time leader Exxon Mobil. Over a span of two years,…
