2:00pm ET
Retail
What To Expect From Wal-Mart Earnings (WMT)
The world retail behemoth that goes by the name of Wal-Mart will report earnings pre-market on Tuesday, August 14. We just saw the July same store sales Thursday, so much of the…
WMT Coverage Page 219
7:05am ET
Investing
Wal-Mart (WMT) Same-Store Sales Inch Up
Perhaps it is all of these Dell PCs that it is selling. Or, the new program that allows buyers to order products and walmart.com and pick them up in stores. Wal-Mart (WMT)…
Douglas A. McIntyre 5:00am ET
Investing
Wal-Mart (WMT) And Facebook Go To School
Wal-Mart (WMT) has signed a deal with Facebook that will allow college roommates to use the social network to help decorate their dorms. The users will take a quiz and then match-up…
Douglas A. McIntyre 4:34am ET
Investing
Blockbuster (BBI) Goes Download Two Year Too Late
Blockbuster (BBI) bought Movielink, a premium video content download service owned by several Hollywood studios. The price was rumored to be $20 million. The move is almost certainly two years too late.…
3:21am ET
Investing
Media Digest 8/9/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios. Reuters writes the net income and sales rose at News Corp (NWS). Reuters reports that Wal-Mar (WMT)…
8:30am ET
Investing
Wal-Mart (WMT): India A China Foil
First, Wal-Mart (WMT) announced a joint venture with India retailer Bharti Enterprises to begin opening stores in India. But, that was not he end of it. Today, Wal-Mart’s man in India said…
Douglas A. McIntyre 4:45am ET
Investing
McDonald’s (MCD) Joins The Communist Party
McDonald’s has succumbed to pressure from Chinese groups and will raise its wages in that country. It will also gets it employees new uniforms. Seriously. The fast good chain has been accused…
3:18am ET
Investing
Media Digest 8/6/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Bear Stearns (BSC) pushed out one of its presidents after problems that closed two of its hedge funds. Reuters writes that Robert Nardelli, former CEO of Home Depot (HD),…
3:16am ET
Investing
Media Digest 8/2/2007 Reuters, WSJ NYTimes, FT, Barron’s
According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM (GM) and…
4:50am ET
Investing
NetFlix (NFLX): The Death Of Hope
In 1942, economist Joseph Schumpeter came up with the notion of "creative destruction". The term became more popular in the 1970s and 1980s as Wal-Mart (WMT) ran K-Mart out of town and…
11:42am ET
Investing
Wal-Mart (WMT): How About A $300 PC?
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…
7:23am ET
Investing
Pre-Market Stock News (July 19, 2007)
(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)…
7:19am ET
Investing
Wal-Mart (WMT) Heads Back To China
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 8:03am ET
Investing
Target (TGT) Becomes Target
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…
5:18am ET
Investing
Will Wal-Mart (WMT) Kill Best Buy (BBY)?
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…