According to Reuters, shares in Amazon (AMZN) dropped on concerns about margins in it latest earnings. Reuters writes that RIM (RIMM) will start to market its Blackberry in China. Reuters reports that…
Someone at Wal-Mart (WMT) got into the high IQ pills. The company’s US head, Eduardo Castro-Wright, told analysts that the company would be building few stores in the future. There are so…
Douglas A. McIntyre If you want the best analysis you can get on Wal-Mart (NYSE:WMT), it’s hard to get past the initial reactions by looking at the stock. Shares are down 3% after being up…
Douglas A. McIntyre Plug Power Inc. (NASDAQ:PLUG) has announced that its wholly owned subsidiary Cellex Power Products, Inc. received a purchase order for its GenDrive(TM) fuel cell power units from Wal-Mart Stores, Inc. (NYSE:WMT). The…
Wal-Mart (WMT) is buying out the minority shareholders in Japanese supermarket unit Seiyu Ltd. Wal-Mart owns 51% of the company and it is offering a 61% premium, or $878 million, to get…
Douglas A. McIntyre According to Reuters, Halliburton (HAL) increased its third quarter profit by 19%. Reuters writes that Wal-Mart (WMT) will buy the part of its Japanese operations that it does not own for $350…
Wal-Mart (NYSE:WMT) has been upgraded by Goldman Sachs in a late afternoon research call today. The bulge bracket firm raised Wal-Mart’s rating from a Neutral to Buy. Barron’s also ran an article…
Douglas A. McIntyre Reuters reports that "Li Changjiang, the head of General Administration of Quality Supervision, Inspection and Quarantine, said factory owners in the southern province of Guangdong, China’s manufacturing heartland, told him business was…
Douglas A. McIntyre This was a long and crazy week for stock traders, but the Bond weasels got Monday off and only had a four-day work week. Thursday was the mystery tank day when the…
Wal-Mart (WMT) CEO Lee Scott had a special message for his investors and customers. Chinese stuff may break or be dangerous. But, it is cheap. "Right now, the way it works, our…
Douglas A. McIntyre For the period ending October 3, Wal-Mart (WMT) same-store sales rose 1.4%. Total company revenue rose 10% for the period to $34.4 billion. International sales were the big driver, moving up over…
Douglas A. McIntyre Wal-Mart (WMT) does what it can to fight local taxes in areas where it has stores. According to a study by Good Jobs First picked up by The New York Times "the…
Douglas A. McIntyre According to Reuters, economists cut forecasts for US growth for the third month in a row. Reuters writes that IBM (IBM) and Second Life will work on ways to eventually let people…
Wal-Mart (WMT) is teaming up with Hughes Communications (HUGH) to sell satellite-based broadband, according to a report in BusinessWeek. While DSL and cable have much larger customer bases, the entry of Wal-Mart…
Douglas A. McIntyre According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices.…
