This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector. We…
The AMA, the federal government, and most insurance companies and HMOs have been arguing that storing and updating medical records digitally is much more efficient than having them on paper. The argument…
Douglas A. McIntyre Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
According to Reuters, Madoff will plead guilty. Reuters reports that most consumers do not expect any recovery until 2010. Reuters reports that Bernanke says new management at AIG (AIG) has curbed costs.…
Citigroup downgrades Wal-Mart (NYSE: WMT) from Buy to Hold, saying concerns about the expected introduction of EFCA/card check legislation, which simplifies union formation, limits the upside for the stock. The analyst…
Douglas A. McIntyre These are some of the top pre-market analyst downgrades and negative calls we have seen early this Tuesday morning: Apogee (APOG) Cut to Sell at Piper Jaffray. BJ Services (BJS) Cut to…
AlixPartners, a turnaround firm, said at the beginning of the year that 10% to 26% of retailers were in financial distress and were in danger of filing for Chapter 11. It is…
People who don’t have much money still need to buy the essentials somewhere. That place seems to be Wal-Mart (WMT) which still sells a lot of nifty stuff at low prices. For the…
Douglas A. McIntyre Everyone wants to know what the Oracle of Omaha is up to. The great Berkshire Hathaway Inc. (NYSE: BRK-A) stock has proven to be far from immune to the woes of the…
McDonald’s (MCD) is planning to open 500 new stores in China over the next three years. Why? Because it can. McDonald’s is one of a tiny handful of large American companies which…
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
The final list of Warren Buffett’s year-end stock holdings from Berkshire Hathaway, Inc. (NYSE: BRK-A) are out and we broke them down alphabetically with this being the “S to Z” stock list. …
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…
The last time Wal-Mart (WMT) made official forecasts for Wall St. there was a sense that the recession might be taking down the world’s largest retail despite its appeal to cost-conscious consumers.…
Douglas A. McIntyre If only the stock market was made up of companies like Coke (KO), McDonald’s (MCD), P&G (PG), and Wal-Mart (WMT). But, it isn’t. They are among the few firms which can still…