5:39am ET
Retail
Wal-Mart (WMT) Fights Local Taxes
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 WMT Coverage Page 216
Douglas A. McIntyre 3:12am ET
Media
Media Digest 10/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s
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…
7:43am ET
Retail
Wal-Mart (WMT) To Sell Broadband Service
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 3:08am ET
Media
Media Digest 10/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s
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.…
3:08am ET
Media
Media Digest 10/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s
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.…
3:15am ET
Media
Medai Digest 10/3/2007
According to Reuters, Verizon (VZ) is launching three new phones for the holidays, One will compete directly with the Apple (AAPL) iPhone. Reuters writes that Microsoft (MSFT) is releasing a new version…
5:42am ET
Industrials
GE (GE) Moves To Uncharted Waters Overseas
GE (GE) has been hoping that growth in the developing world would begin to offset slower sales in places like the US and Europe. It may be that they are finally getting…
12:27pm ET
Retail
Online Retailers Hit 52-Week Highs As Same-Store Sales Collapse
Online retailer Amazon (AMZN) hit a 52-week high last week. So did Priceline (PCLN), Expedia (EXPE), and eBay (EBAY). Even Overstock (OSTK) made the list. On the 52-week low side of the…
8:16am ET
Investing
Biggest Losers In The Third Quarter Lead By Countrywide (CFC) And Circuit City (CC)
No one would be surprised to see mortgage lender Countrywide (CFC) of the list of biggest losers for the third quarter The company’s shares were down 48% to $19. The fall of…
8:04am ET
Media
Chasing Stocks of Forbes Richest Americans (MSFT, BRK-A, DELL, ORCL, GOOG, WMT, LVS, CHTR)
Forbes has released its list of the 400 wealthiest Americans. We really wanted to see the corporate impact of the wealthy. What is interesting is to compare how these companies tied to…
4:33am ET
Economy
Santa Brings A Recesssion
When the sleigh and reindeer land on roofs across American this holiday, the gift bag will be filled with home heating oil and mortgage bills. Santa is bringing a recession for Christmas.…
5:13am ET
Retail
New, Expensive Benefits For Wal-Mart Workers
The world’s largest retailer, Wal-Mart (WMT), will begin to offer a broader, and more expensive, set of health benefits packages to its US employees. The new programs give WMT workers the option…
Douglas A. McIntyre 3:15am ET
Media
Media Digest 9/19/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Google (GOOG) will begin to test a new interactive ad service that will allow marketers to measure user respone on creative unites using video and images. The Wall Street…
3:45pm ET
Energy
The Business Day In Global Warming (ASTI, NHY, AES, CLNE, EFOI, WMT, AMSC, BSRC)
Ascent Solar Technologies, Inc. (NASDAQ:ASTI) and Hydro Building Systems, a division of Norsk Hydro (NYSE: NHY), today announced plans for the development of a new Brise Soleil product line incorporating thin film…
5:39am ET
Retail
Is McDonald’s Walking Out On Wal-Mart?
McDonald’s (MCD) used to be the exclusive fast food supplier in Wal-Mart (WMT) stores. Subway is now taking over a number of those spots. According to The Wall Street Journal, Subway is…