The Wheels Come Off At Wal-Mart (WMT)
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…
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…
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…
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…
According to Reuters, the Fed is set to cut rates again to avoid a recession. Reuters writes that UBS (UBS) subprime losses increased driving the bank further into the red. Reuters reports…
Wal-Mart Stores, Inc. (NYSE: WMT) is doing something that hasn’t been seen in prior years: lowering prices considerably on thousands of items, but not during holiday season. These price cuts are as…
Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together two weak retailers, Sears and K-Mart, to try to make on strong…
Sears (SHLD) has begun to hire some heavy hitters to run its online operations. Since the company does not do a very good job of selling merchandise in its stores, perhaps it…
It reads like something out of a presidential campaign stump speech. In a talk given to company management and quoted by Reuters, Wal-Mart’s CEO Lee Scott said "We live in a time…
According to Reuters, Meg Whitman is stepping down as CEO of Ebay (EBAY). Reuters writes that GM (GM) said it would rather be a strong No.2 in the global market than a…
Below is a list of Dow Jones Industrial Average components that are actually down the least on an ugly day. There has been news on most of these or if not there…
Eddie Lambert has been a bust as a retailer. He may be fine at running a hedge fund, but due to his large holding in Sears (SHLD), that distinction may be shaky…
Wal-Mart (NYSE: WMT) is managing to actually hold up well in an environment where almost all retail and consumer discretionary stocks are stinking up the stock exchanges. It seems that whether you…
Liz Clairborne Inc. (NYSE: LIZ) has made a key hire that might get some notice or kudos if it was a different environment. It appears that Liz has poached away Isaac Mizrahi…