Wal-Mart (WMT), the world’s largest retailer which has sales greater than the GDP of many countries, has decided it is so successful that it can stock products that no one wants. According…
Douglas A. McIntyre The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
24/7 Wall Street has a real-time index we keep of the 500 largest market caps of US equities. This is The 24/7 Wall St. Real-Time 500. Of these, the 23 highest are…
Costco (COST) has built its revenue over the years by selling quality goods for low prices. That is in contrast to Target (TGT) and Walmart (WMT) which have reputations for selling cheap products at a…
Reuters: The Senate overcame opposition to allow jobless benefits to be extended. Reuters: China will hope to keep the value of the yuan steady. Reuters: JC Penney (JCP) will focus on exclusive…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
American companies have been criticized for years for outsourcing work, particularly to China and India. Much manufacturing work actually went to other nations, such as Vietnam and Mexico, but China has been…
Warren Buffett’s new annual letter to shareholders is out. This is a far different read than a year ago. Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) said its annual shareholder value rose by…
Many alternative energy stocks themselves may sometimes represent little more than highly leveraged bets on the price of oil. But there is still big business in the world of clean tech and…
Reuters: Akio Toyoda met with Transportation Secretary LaHood. Reuters: Lloyds posted huge loss driven by bad debts. Reuters: A job creation effort is hung up in Congress again. Reuters: Blackstone (BSX) got commitments for…
Short selling is seen for many reasons, but universally traders tend to track short selling to track the biggest changes in the short interest twice each month. Whether these are hedges, forward…
There is one headline about management that almost always brings up concerns from the financial community….. CFO Resignations. GameStop Corp. (NYSE: GME) is paying a price this morning because CFO Catherine Smith…
Reuters: The $15 billion jobs bill advanced in the Senate. Reuters: Toyota (NYSE:TM) faces a US criminal probe. Reuters: KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share…
The New York Times reports that Walmart (WMT) has bought video on demand hardware and software company Vudu. The firm’s service is built into set-top boxes and Blu-ray devices. The paper reports that Vudu recently “announced…
Deciding who wins and who loses in movie rentals has proven to be a difficult task other than stating the obvious…. Online distribution and delivery distribution have major benefits over being a…