Based on Wal-Mart’s (WMT) earning for the quarter ending April 30, the world’s largest retailer did better than it was supposed to. The company reported EPS of $.77 at the highest end…
Douglas A. McIntyre Whole FoodsWhole Foods Market, Inc. (NASDAQ: WFMI) is set to report earnings after the close of trading today. We have Thomson Reuters targets of $0.18 EPS and $1.87 billion in revenue. We…
Several of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries…
Over the past week, we surveyed Walmart (WMT) stores to gauge trends at the largest bix box chain in the U.S. We asked the following questions: 1. How is business this month? 2. Do you…
Douglas A. McIntyre Investor Bill Ackerman, who has held an investment in Target (TGT) for almost two years and has lost a great deal of money in the process, wants to replace part of the retailer’s…
These are some of the top pre-market analyst upgrades we have seen with about two and a half hours until the market opens this Friday morning: Costco Wholesale Corp. (COST) Started as…
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters…
Wal-Mart Stores Inc. (NYSE: WMT) is up big this morning on a whopper of a same-store-sales figure for the month of April. The world’s largest retailer also noted that its 13-week comparable…
Douglas A. McIntyre Wal-Mart (WMT) plans a significant expansion of its programs to bring inexpensive prescription drugs to its customers which will almost certainly damage margins as its competitors. According to The Wall Street Journal, “The…
Douglas A. McIntyre According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Microsoft (MSFT) just released earnings that were mediocre but not any worse than was expected. It said that the balance of the calendar year would not be much better. In stating that,…
The Fortune 500, which has become one of the most useless exercises in business journalism, has been released again. It covers company financials for the year 2008. In this annual edition, Exxon Mobil…
According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US…
According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car…
Wal-Mart’s (WMT) same-store sales were light, by a lot. For the four weeks of March, revenue was actually down 2% to $36.2 billion. International sales killed results by dropping 15% to $8.1…
Douglas A. McIntyre 