According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that Continental (CAL)…
It is the kind of deal that investment bankers trying to save their jobs and desperate CEOs might dream up. Blockbuster (NYSE:BBI) has proposed to buy Circuit City (NYSE:CC) for $6 to…
According to Reuters, Bernanke says that the current financial system can be fixed. Reuters writes that Google (GOOG) is using Frank Quattrone as its investment bank advisor. Reuters reports that banks involved…
Wal-Mart (NYSE: WMT) beat Wall St. expectations for same-store sales raising optimism that the world’s largest retailer is turning around and may post strong earnings for the quarter and the year. March…
Douglas A. McIntyre Perhaps Starbucks (SBUX) has managers who cover small regions of 100 stores each or "spies" from market research companies who visit a certain percent of all the coffee chain’s outlets each month.…
Wal-Mart (NYSE: WMT) will start to sell its own "green" brands of coffee. They will be come from beans planted at carbon-neutral facilities. The brands, will, of course compete with the Maxwell…
Douglas A. McIntyre The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down 22%,…
Most large corporations amplify the distrust that the common man has for them by making misstatements from time to time. It is Wal-Mart’s (WMT) turn in the gauntlet of public opinion. The…
According to Reuters, the Treasury Department will announce a proposed major overhaul of the US financial regulatory system. Reuters writes that Yahoo! (YHOO) introduced Shine, a site for women. Reuters writes that…
"The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London Observer, March 23, 2008 Many investors find it hard to believe that…
The short interest in most large stocks traded on the NYSE increased as measured on March 14. The figures compare to February 29. Car stocks were hit especially hard. Shares short in…
If you think of a retailer hitting a 52-week high during a slowing economy, it seems counterintuitive. It seems a recession or a slowing consumer spending is good for some retailers. Enter…
Douglas A. McIntyre Google (NASDAQ:GOOG) launched a PC product loaded with its software and an operating system from open source Linux. The product was being sold in Wal-Mart (NYSE:WMT). Unfortunately, Wal-Mart customer seem to like…
Wal-Mart Stores Inc. (NYSE: WMT) already gave stronger sales than most this morning, but the company is doing another shareholder friendly initiative that is far better than a stock buyback: It is…
Douglas A. McIntyre Baby has got to have new shoes. For those who can’t afford the nice ones, there is always Wal-Mart (NSYE: WMT). And that showed up in their same-store sales last month. Wal-Mart’s…