Short Bets Against Retail Disappear
Short sellers must not agree with the conventional wisdom that high gas prices and unemployment will keep Americans out of stores and malls this summer. These investors decreased their negative bets against…
Short sellers must not agree with the conventional wisdom that high gas prices and unemployment will keep Americans out of stores and malls this summer. These investors decreased their negative bets against…
Wal-Mart Stores, Inc., (NYSE: WMT) is hosting its annual shareholder meeting today. As this stock has been dead money for a decade, the heat is on and the company is trying to…
Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in…
Did you heed the call “Sell in May and Go Away!” this year? It turns out that as of mid-day we now have nearly half of the 30 Dow Jones Industrial Average…
Sometimes bad news has to be looked at as good news. Take Dollar General Corporation (NYSE: DG) this morning as its stock is down sharply after reporting disappointing earnings. Dollar General is…
The retail sector has historically not the place for income and dividend investors seeking high payouts. The reason is simple: razor-thin margins. Add in the notion that many new retailers are effectively…
The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
Experts say a Greek default would harm other EU nations and banks. (Reuters) Several insurers face large losses because of US weather damage. (Reuters) AIG (NYSE: AIG) will price shares to be…
Yum! Brands (NYSE: YUM) buried some of its essential P&L data and information about its US operations in its first quarter earnings release. Most of the highlights of the report are about…
Walmart, the world’s largest retailer and the largest company in America based on sales and employees, has tried to argue since the beginning of the recession that it can revive its moribund…
Eddie Lampert, the chairman and controlling shareholder of Sears Holdings (NASDAQ: SHLD), has been accused of being a fool and poor operator more than once. Sears results proved once more than the…
It seems that being a junk bond credit investor still allows you to pick from a whole slew of companies that should not be junk bonds. Unfortunately, you as an investor will…
It seemed for a while that some experts believed that gasoline prices would not affect consumer behavior much. Statistics showed that people would still take summer trips. Car pools and public transportation…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…