According to Reuters, Yahoo! (YHOO) rejected a tie up with Google (GOOG) before the Microsoft (MSFT) bid. Retuers writes that loses may force Lehman (LEH) to raise another $3.4 billion. Reuters reports…
Target Corporation (NYSE:TGT) has reported its Q1 net income of $602 million, down from $651million in the same quarter in 2007. It saw a 1.4% drop in earnings per share to $0.74…
After today’s close, we saw the filing showing which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) at the cut off date of March 31, 2008. This is a…
On Tuesday, May 20, 2008, we’ll see earnings out of Target Corporation (NYSE: TGT) and we’ll get to see just how the "recessed" client base is as far as shopping on a…
Wal-Mart (WMT) is setting up standards for toy makers which are much tougher than those issued by the Feds. It wants its customers to know that is it cracking down, especially on…
Douglas A. McIntyre According to Reuters, lenders and Clear Channel (CCU) have reached an agreement for an LBO of the company. Reuters writes that Carl Icahn may mount a proxy fight for control of Yahoo!…
While most retailers are simply trying to stay out of Chapter 11, Wal-Mart posted an extraordinary quarter. It was even more impressive because, as the world’s largest retailer, it must fight the…
Douglas A. McIntyre Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings this coming Tuesday morning before the open. The company already gave an approximate revenues number of $94 Billion. As you will see…
Wal-Mart (WMT) continued to amaze. How does the world’s largest retailer grow faster than almost all of its competition? For the month of April, Wal-Mart’s sales were up 9.8% to $29.8 billion.…
Douglas A. McIntyre The hallmark of some of the most successful companies over the last fifty years is that the CEOs spent a great deal of their time with customers and at company locations around…
Edward S. Lampert, billionaire and hedge fund manager, arrived at the Recession about six months late. The chairman of zombie retailer Sears (SHLD) "said the retailer is taking a conservative stance amid…
In what could be a brilliant move if the recession and drop in retail sales worsen, Target (TGT) has agreed tot sell $3.6 billion of its credit card loan portfolio to JP…
Wal-Mart (WMT) has decided Mom does not want flowers or candy this year. It is aggressively marketing the new Nintendo Wii Fit as a way to pull reluctant and impoverished shoppers into…
Douglas A. McIntyre According to Reuters, the CEO of Microsoft (MSFT) says that the company is close to its next move in its attempted takeover of Yahoo! (YHOO). Reuters reports that Wal-Mart (WMT) will use…
Fresh Del-Monte (FDP) came out with some pretty strong earnings today. Income climbed to $63.6 million, or $1 per share, compared with $51.6 million, or 89 cents per share a year ago.…
