When tens of thousands of visitors make their way to China for the summer Olympics they may be greeted by a country heading into a deep recession. The Chinese government announced today…
Douglas A. McIntyre Most stocks trading under $10 probably traded much higher at one point or another. Trading below that price point is usually not a badge of honor. But, inexpensive stocks often make huge…
Microsoft (NASDAQ: MSFT) backed the wrong horse in the fight for high definition DVD disks and players. Redmond sided with Toshiba and its HD DVD platform and shipped the Xbox 360 with…
It appears that Sony (NYSE: SNE) has finally won the battle for high-definition DVDs. Last week, Wal-Mat (WMT), Best Buy (BBY), and NetFlix (NFX) dropped the Toshiba HD DVD format in favor…
Tuesday we’ll get to see earnings out of Wal-Mart Stores Inc. (NYSE: WMT). The estimates from First Call are $1.02 EPS on $106.9 billion in revenues. Next quarter estimates are $0.74 EPS…
These are the new combined holdings (alphabetically S-Z) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: Sanofi-Aventis (NSE: SNY) 3.569 million shares for some $162.5 million.…
A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their…
If Wall St analysts thought Wal-Mart (WMT) has problems in the US, they ought to stop by the retailer’s operations in Japan some time. According to Reuters the company said on Tuesday…
Douglas A. McIntyre Is Sears (SHLD) getting a little low on cash? A bunch of analysts think so. The cash balance that Sears showed in its last financial statement was a bit light. According to…
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.…
It was a brutal January at Wal-Mart (NYSE: WMT). US same-store sales rose .5% with sales at the flagship Wal-Marts stores up only .2%. "Comparable store sales in the United States for…
Douglas A. McIntyre Wal-Mart (NYSE: WMT) likes the medical clinic business. Many of its customers do not have health insurance. It can deliver these people inexpensive care using nurse practitioners instead of doctors. Offering generic…
Douglas A. McIntyre Accorrding to Reuters, GM (NYSE: GM) will have half of its cars running on ethanol by 2012. Reuters writes that Cisco (NASD: CSCO) gave a weak forecast, moving tech shares down. Reuters…
Toyota (TM) reported a 7.5% increase in profits for the last quarter of 2007. By itself that is an achievement for any car company. The big Japanese firm did indicate that the…
A report from the USA Today last night put Wal-Mart Stores (NYSE: WMT) in a partnership with Disney (NYSE: DIS) whereby Wal-Mart will sell more than 140 products based on Disney’s famed…