Word is that Wal-Mart (WMT) will offer a sub-$300 back-to-school PC. Early versions may have Microsoft (MSFT) Windows but DeskTopLinux says that it will ship with Ubuntu Linux soon. Having a such…
(AMTD) TD Ameritrade trading up 1% after beating and raising target.(AVCI) Avici Systems trading up 29% on higher revenue guidance after earnings.(BAC) $1.28 EPS vs $1.20 estimate.(CAL) Continental $2.10 vs 1.84 estimate.(CTXS)…
With its US results still in trouble, Wal-Mart (WMT) is turning its attention back to one of its most promising markets–China. According to a report in the Telegraph, the world’s largest retailer…
Douglas A. McIntyre Pershing Square Capital now owns 9.6% of the shares of retailer Target (TGT). There had been news that the fund was holding about 5%. Speculation is that Pershing would like to see…
Sometimes the media will take a little bit of news and carry it too far. CNN Money recently speculated that because Wal-Mart had good sales in consumer electronics during the four weeks…
(AA) Alcoa trading up 6% after Rio Tinto gave a higher rival bid over Alcoa’s buyout offer for Alcan.(AAON) AAON announced a 3 for 2 stock split.(AL) Alcan gets a rival $38.1…
Wal-Marts’ (WMT) same-store sales were up more than most analysts thought they would be, rising 2.9% in the four weeks ending July 7. Grocery sales did well, but electronics did better. "Sales…
Wal-Mart (WMT) started a clever program in 3,300 of its stores recently. Customers could order merchandise online and pick the items up at their closest store. Saves on shipping. The largest retail…
Douglas A. McIntyre The record industry is being destroyed by a combination of cheap digital downloads and falling CD sales. Apple’s (AAPL) iTune operation is now the third largest seller of music in the US…
With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt: Airlines: It looked like they might get something…
Juan Trippe is gone. The founder of Pan Am died in 1981. So is Howard Hughes who started TWA. Bob Crandall who started the frequent flyer program and the "hub and spoke"…
Wal-Mart (WMT) must be getting sick of not knowing what is going on out there in the markets in which it competes. Wall St. would think it would have a good idea,…
Apple’s (AAPL) position as a seller of music improves as each day passes. According to The Associate press, the online music store has passed Target (TGT) and Amazon (AMZN) both of which…
BRK/A, BNI, KO, PG, WMT, USG, AXP, WFC, MCO, JNJ, COP, UNP, USB, MTB, ASD, NSC, WLP, UNH, IR, HRB It is always interesting to see how Wall Street bets with or…
Stock Tickers: AA, AIG, AXP, BA, C, CAT, DD, DIS, GE, GM, HD, HON, HPQ, IBK, JNJ, JPM, KO, MCD, MMM, MRK, MO, MRK, PFE, PG, T, UTX, VZ, WMT, XOM As…