Best Buy (NYSE: BBY) just issued another piece of nasty news. It will close its nine branded stores in China. It is another in a series of signs that the electronics retailer…
Jon OggThe Home Depot, Inc. (NYSE: HD) and Wal-Mart Stores Inc. (NYSE: WMT) both reported earnings this morning. Both also gave two very different reads on the economy and the implications may…
Netflix Inc. (NASDAQ: NFLX) recently joined the waves and waves of public companies which filed their 10-K annual reports with the SEC. We often dig through these and other reports to find…
When does time run out for Wal-Mart CEO Mike Duke? The stock market seems to believe he has done a good job. Wal-Mart’s stock trades at $55.38, about midway between its 52-week…
Investors are concerned about whether Wal-Mart’s (NYSE: WMT) US store division has grown. (Reuters) Moody’s cut its outlook on Japan to negative due to concerns about whether government austerity measures will work.…
24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved…
Negative press about Chevron (NYSE: CVX) has reached a boiling point after news that the oil company had been hit with a $9.5 billion ruling by an Ecuador count. The penalty comes…
Customer satisfaction in the retail and online e-commerce industries is getting worse. There is no single reason for this, but it is likely that the recent economic downturn is one of the…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) is out with the new portfolio holdings as of December 31, 2010, so these are his new 2011 investments. There were many changes in the prior…
Green Dot Corporation (NYSE: GDOT) has been one of the better performers of the IPO Class of 2010. Its line of prepaid credit cards has grown significantly and the company had grown…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Cardinal Health Inc. (NYSE: CAH) Raised to Buy with $52 target at…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Baidu.com (NASDAQ: BIDU) Raised to Overweight at HSBC. Charles River Labs (NYSE:…
All that snow in January didn’t keep shoppers at home, apparently, as retailers posted a 4.2% increase in same-store sales for the month. That topped estimates that had started at 3.1% growth…
Several industry groups and weather and securities analysts say that the cold and snowy first month of the year will hurt retail sales and airline traffic. That is almost certainly true. But,…
Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
