Reuters: Ebay (EBAY) will sell Skype to private investors. Reuters: China’s manufacturing index gained. Reuters: A late Labor Day will hurt August retail sales. Reuters: A US judge ruled against AIG (AIG)…
Wal-Mart (WMT) does not care if it has been burned by its past efforts to try to get affluent shoppers. The world’s largest retailer has been known for years as catering to…
Douglas A. McIntyre Reuters: HP (HP) issued optimistic guidance. Reuters: China is investing in the private housing sector. Reuters: Buffett says the US is on a slow path to recovery. Reuters: US regulators urged Citigroup…
These are the top pre-market analyst upgrades and downgrades from Wall Street firms we have seen early this Monday morning: Ariad Pharma (NASDAQ: ARIA) Started as Outperform at Oppenheimer. Autodesk (NASDAQ: ADSK)…
Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has released its public stock holdings for Q2-2009 as of June 30, 2009. Buffett did make some portfolio changes that have been seen here from the end…
Reuters: The Chinese are learning the problem of easy access to credit cards. Reuters: The US recovery is still slow while France and Germany are rebounding. Reuters: UBS (UBS) clients in America…
Reuters: Wal-Mart (WMT) will report results with Wall St. looking for sales growth. Reuters: US home foreclosures set a record in July. Reuters: Citigroup (C) hired outsiders to help with a management…
Several companies run annual brand valuations. It is a good business for advertising and marketing firms to be viewed as experts on brands. Brand values are based on the cash flow they…
Wal-Mart Stores Inc. (NYSE: WMT) was supposed to be the big winner of the Great Recession as the giant trade-down retail play for America. Interestingly enough, the peak of the stock was…
Douglas A. McIntyre The Twitter outage introduces the concept of whether anyone would really miss the service if it went away. Financial experts have argued that Twitter is not worth much even with its 30…
Twitter had another hacker attack yesterday. Several media outlets reported that the micro-blogging system was down periodically though the early morning and afternoon. The service had more severe problems last week. There…
Short sellers moved out of financial shares in great numbers. As of August 11, the short interest in Citigroup (C) fell 71% to 343 million shares. Share sold short in GE (GE)…
Costco’s (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. July was…
Costco’s (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. July was…
Reuters: China is now Africa’s largest trading partner. Reuters: Australia says China’s latest Rio Tinto (RTP) charges are not new. Reuters: Publicis will buy Razorfish from Microsoft (MSFT). Reuters: UBS (UBS) tax…