You have to love a morning where Target (NYSE:TGT) and Wal-Mart (NYSE:WMT) have big news out on the same day. This morning both retail giants released August Same-Store-Sales. Surprisingly, both did pretty…
Wal-Mart (WMT) How did the world’s largest retailer get on this list? By being badly run. Down to $42.39 from 52-week high of $52.15. Blackstone Group (BX) Which is worse, retail or…
NBC has told Apple (AAPL) that it will not renew its long-term deal with the iTunes store. The GE (GE) unit is "the No. 1 supplier of digital video to Apple’s online…
Merrill Lynch downgraded Wal-Mart to a "sell" this morning, more humiliation for a management that has already proven that "if it can go wrong, it will go wrong". In the Merrill research…
Douglas A. McIntyre Wal-Mart’s (WMT) shares are already near a 52-week low. But, now word comes, by way of The Wall Street Journal, the the financially hard-hit Hispanic communities in the Southeast US and Mexico…
Douglas A. McIntyre According to Reuters, Isuzu and GM (GM) will increase their cooperation in South America to improve their share in the truck market. Reuters writes that Knight Capital (NITE) may have to refund…
Dell (DELL) gave the market some bad news this week. A number of its new PCs are shipping late during the critical "back to school" period because of problems with paint and…
According to Reuters, US Steel (X) will buy Canadian steel company Stelco for $1.1 billion. Reuters writes that Singapore’s state-owned Temasek Holdings has approached Nasdaq (NDAQ) about buying its stake in the…
Wal-Mart’s (WMT) shares are running. After a tough quarter, they dropped to under $43, but are moving toward $44 today, up 1.7% on rumors that a Chinese institutional investment fund could buy…
Dell (DELL) came out with a set of cool PCs with fancy colors and better displays. They are aimed at the consumer market. In the past DELL was mostly a direct seller…
Below are short interest figures for major companies traded on the NYSE as of August 15 compared to July 13, 2007 Largest Short Positions Ford (F) …
Earlier this morning, Wal-Mart (NYSE:WMT) announced the launch of its own "DRM-free" MP3 music downloads. Those wanting the service can download from Walmart.com at $0.94/song and $9.22/album. The new MP3 digital format…
Target Corp. (NYSE:TGT) reported in-line earnings and gave guidance that was basically in-line with prior targets. The retail giant posted $0.80 EPS against $0.80 estimates, and revenues were $14.62 Billion versus $14.67…
Wat-Mart (WMT) is the latest US firm to get embroiled in the quality problems with Chinese products. According to The Associated Press, the sweethearts at WMT have yanked Chicken Jerky Strips from…
Douglas A. McIntyre Target Corp. (NYSE:TGT) will report earnings Tuesday morning with a conference call to follow. Shares closed up Friday but are down with the market today. First Call is expecting EPS to be…
