Reuters: The Wall St. insider trading probe lead to another 14 arrests. Reuters: Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money. Reuters: GM is readying its plans for Opel…
China has approved a plan for Disney (NYSE:DIS) to build a theme part in Shanghai. The American entertainment company has been trying to get a go ahead to build the $4 billion project for…
Wal-Mart (NYSE:WMT) becomes more aggressive in soliciting new customers and undercutting rivals as each week passes. It has the balance sheet and retail locations to do those things. The world’s largest retailer…
Reuters: Investors in the banking sector were disturbed by the CIT (NYSE:CIT) bankruptcy. Reuters: Summers will lead a high level meeting on the economy. Reuters: US companies are holding more cash. Reuters: …
Amazon (NASDAQ:AMZN), Target (NYSE:TGT), and Wal-Mart (NYSE:WMT) are apparently sharply limiting the number of books customers can buy under their programs to sell popular titles at discount prices. Book publishers have already…
Reuters: The US economy is stable but risks remain according to Geithner. Reuters: JPMorgan (NYSE:JPM) raised concerns about Galleon in 2001. Reuters: As many as five million Americans have been infected with…
Costco (NASDAQ:COST) is supposed to be the big-box retailer that caters to affluent shoppers and business. The recession may have got the better of the company. It will start taking Food Stamps.…
Douglas A. McIntyre The price of being dead just dropped. It is a good thing, given the troubles in the economy. Wal-Mart is beginning to sell caskets and urns at walmart.com. Some of the caskets…
Douglas A. McIntyre Wall St. likes financial statements that give it deep insights into a company’s operations, especially its liabilities. It likes boards that make sure shareholders get as complete a picture as possible of…
The American Booksellers Association wants to know the motivation of Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Amazon (NASDAQ:AMZN) for selling popular books online for under $10. The industry group has asked The Justice Department…
Reuters: Japan Airlines faces $8.8 billion in excess debt if liquidated. Reuters: Amazon (NASDAQ:AMZN) beat Wall St. estimates. Reuters: GM’s CEO will get a pay raise. Reuters: Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL)…
Shares of Amazon (NASDAQ:AMZN) rose nearly 10% after hours to $101.70, well above the stock’s 52-week high. Revenue increased 28% to $5.45 billion in the third quarter, compared with $4.26 billion in same…
Wal-Mart Stores, Inc. (NYSE: WMT) has been having its analyst meeting this week and we now have a release from the company showing its growth plan next year. This also updates the…
Douglas A. McIntyre China’s GDP rose 8.9% amid talk that the increase was caused by the nation’s $585 billion stimulus package and not a significant improvement in its huge manufacturing and export engine. The news…
Douglas A. McIntyre Reuters: China’s GDP rose 8.9% and the government said it would stick with its liberal monetary policies. Reuters: Larry Summers said the US recovery is on track. Reuters: More Americans will delay…