Fitch said a voluntary roll-over of Greece sovereign debt would be viewed as a default. (Reuters) This week is critical to US budget talks as an August 2 deadline looms. (Reuters) Wal-Mart…
Investors need to consider one thing about investing in retail. This is quite likely to be the next bastion of dividend growth for investors seeking income to buffer market volatility in the…
BJ’s Wholesale Club Inc. (NYSE: BJ) is the latest private equity buyout target in the retail segment. Two active players in retail industry buyouts, Leonard Green & Partners and CVC Capital Partners,…
Obama has tried to get the business community to support his concern that the lack of approval of an increase in the debt cap would be a catastrophe (Reuters) A former head…
Best Buy Co. Inc. (NYSE: BBY) is doing something that many investors might have considered more than difficult. Its shares are actually rallying after an earnings report. If you just read the…
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…
Jon C. Ogg 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…
