8:24pm ET
Retail
JC Penney: Ackman’s Mistake
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…
WMT Coverage Page 165
5:22pm ET
Economy
Market Collapse! Does The Apocalypse Start Here ?
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…
4:33pm ET
Companies and Brands
Reality Check: Walgreen’s Nice! Challenges Grocery & Convenience Stores (WAG, CVS, RAD, KR, SWY, WMT, TGT)
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…
8:16am ET
Companies and Brands
Sears Pins Hopes on Kardashians (SHLD, TGT, WMT)
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…
8:53am ET
Retail
Target’s Earnings Secret: Wealthier Customers (TGT, WMT, COST, HD, LOW, XRT, VCR)
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…
6:21am ET
Media
Media Digest (8/17/2011) Reuters, WSJ, NYTimes, FT
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…
8:44am ET
Investing
The Twitter-24/7 Wall St. Market Report (8/16/2011) US Housing Starts, Walmart Earnings
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 7:22am ET
Retail
Can The Wal-Mart Family Afford Its CEO Anymore?
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…
6:25am ET
Media
Media Digest (8/16/2011) Reuters, WSJ, NYT, FT, Bloomberg
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…
4:45pm ET
Industrials
Berkshire Hathaway & Buffett’s Stock Holdings ‘M to Z’ (BRK-B, BRK-A, MA, MTB, MCO, PG, SNY, TMK, USB, USG, UPS, VRSK, WMT, WPO, WFC)
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…
10:34am ET
Retail
Can Wal-Mart Really Take On Amazon? (WMT, AMZN, TGT, COST, BBY)
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…
2:26pm ET
Investing
Top Earnings Previews For The Week Ahead (DDS, LDK, LOW, ADI, DELL, HD, TJX, WMT, DE, DRYS, JDSU, NTAP, SPLS, TGT, BRCD, GME, GPS, HPQ, CRM, SHLD)
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…
8:31am ET
Investing
Today’s Best Market Rumors (8/12/2011) Wal-Mart M&A, SEC And S&P
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 10:37am ET
Investing
When the Government Forces You Into Dividends, The Great Dividend Portfolio (MO, AEP, AWK, T, DLR, GE, GOV, KMB, KMP, SNH, WMT)
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…
12:04pm ET
Media
Walmart Kicks Off Movie Streaming on iPads (WMT, AAPL, NFLX, AMZN, GOOG, CSTR)
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…