5:29am ET
Retail
Costco (COST): Retailing’s Elite Start To Fail
There is an upper tier of retail companies both in the US and abroad. It has been assumed that these firms would not dodge a recession, but that they might keep their…
Companies
/Consumer Defensive
Walmart Inc
$106.79
▼ $0.71 (−0.66%) today
Markets closed · 5:51pm ET
WMT Coverage
Page 1994:09am ET
Cars and Drivers
Saving The Car Industry By Tearing It To Pieces
The car industry in the US is no longer just under siege. It is irreparably broken. There are no longer circumstances under which costs can be cut enough to make the business…
9:00pm ET
Investing
The Companies With Dividends That Won’t Be Cut (MSFT)(MCD)(JNJ)(PG)
S&P has reported that the dividends of companies in its S&P 500 index are being cut at the fastest rate in fifty years. A report by the Associated Press says that even…
7:40am ET
Investing
Top Pre-Market Analyst Downgrades (AINV, BHI, BAC, WFR, MBT, OZM, SPWRA, STP, VIP, WMT)
These are some of the top pre-market analyst downgrades or cautious calls we are seeing from Wall Street this Wednesday morning: Apollo Investment (AINV) Cut to Neutral from Overweight at JPMorgan. Baker…
11:37am ET
Retail
Circuit City’s Hari Kari
Today marks the official death of Circuit City Stores, Inc. All hopes of reviving or saving all or part of the company are gone. The company is now officially seeking approval from…
9:26am ET
Retail
Target and the Final Exit of Bob Ulrich (TGT, WMT)
Target Corporation (NYSE: TGT) announced this morning that its board of directors has appointed president and CEO Gregg Steinhafel as the company’s chairman of the board, effective February 1. Steinhafel will succeed…
5:34am ET
Investing
Steve Jobs: “The Deviant’s Advantage” (AAPL)
Sociologist and business consultant Watts Wacker has pointed out that the most successful enterprises in the world are created by people who are willing to be a zebra in a field of…
11:49am ET
Retail
The Retailers That Will Dominate Store Closings (SHLD)(M)(JWN)(TIF)(WMT)(BBY)(GPS)(M)
Several estimates from retail analysts predict the tens of thousands of retail outlets will close this year. Some put the number as high as 70,000 in the first half of 2009. Wall…
8:14am ET
Retail
Best Buy (BBY) Craters, Market Yawns
No one is his right mind is likely to be happy with the Best Buy (BBY) numbers for December. Same-store sales dropped 6.5%. Sales rose a modest 4% to $7.5 billion. The…
7:44am ET
Retail
Wal-Mart (WMT) Gets Stunned By International
No matter how badly the retail industry was in December, Wal-Mart (WMT) still managed to post improved same-store sales of 1.9%. But, that was the only good news the company could manage.…
Douglas A. McIntyre 4:02am ET
Media
Media Digest 1/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Microsoft (MSFT) Windows 7 is "on schedule" and will begin testing with consumers. Reuters reports that Obama will lay out his case for stimulus package in a speech. Reuters…
9:03am ET
Retail
Latest Retail Theory: Wal-Mart (WMT) Will Pound Target (TGT)
Almost every bit of news about the retail industry has been bad since the third quarter of last year. Some analysts believe that 72,000 stores could close in the US during the…
4:22am ET
Media
Media Digest 1/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, cities and states are facing shortfalls and potential defaults. Reuters reports that the US steel industry is starting a "buy America" campaign. Reuters reports that Fannie Mae (FNM) believes…
4:56am ET
Consumer Electronics
Dell’s (DELL) Problems No Worse Than Apple’s (AAPL)
There are rumors going around that Dell (DELL) will fire its chief of operations and its head of marketing. The PC firm’s turnaround is not going so well. The answer to most…
8:56am ET
Technology
Holiday Success At Amazon (AMZN) Runs Against The Grain
Jeff Bezos, the founder and CEO of Amazon (AMZN) is the Internet’s great escape artist. His company has been in trouble countless times only to emerge better off. He was beaten on…