Wal-Mart (WMT) is thinking of opening a number of high-end stores, focusing on the grocery business. According to The Wall Street Journal "one idea calls for urban convenience stores less than a…
Douglas A. McIntyre According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
Markets in Asia fell sharply The Nikkei fell 5.4% to 15,274. Canon (CAJ) fell 8.6% to 5400. Honda (HMC) fell 8.2% to 3470. Sony (SNE) fell 6.8% to 5050. The Hang Seng…
This would have been a great story to cover any normal day, but if you have been following the trading sessions in the stock market you know times aren’t normal. Citrix Systems…
The issue of Whole Foods (WFMI) purchase of Wild Oats (OATS) moved over a huge hurdle today. The FTC has objected to the merger on the basis that the combination would allow…
Douglas A. McIntyre On tonight’s MAD MONEY on CNBC, Jim Cramer discussed why Wachovia (WB), Wells Fargo (WFC), and Bank of America (BAC) were all up big today; and some even higher than before the…
Dell (NASDAQ:DELL) has decided to do something that is probably not coincidental. It announced that it has completed its internal investigation and will restate its financials. Any shot this was to take…
Hewlett-Packard (NYSE:HPQ) may have saved the day for technology. The green machine posted $0.71 Non-GAAP EPS versus $0.66 estimates and $25.4 Billion revenues versus $24.1 Billion estimates. Its 9% non-GAAP margin was…
If someone told you that Charles Schwab Corp. (NASDAQ:SCHW) was back in positive territory on the day the market fell 300 points in the DJIA AND on a day that many of…
In the latest market malaise, note this isn’t really a crash yet even if it feels like one, Apple (NASDAQ:AAPL) has seen shares slide in a short period of 13 trading days…
With the market down 300 point in a day and off more than 10% from its recent highs, Wall St. is looking at some of the most active stocks and scratching its…
Sprint (S) has indicated that it will spend as much as $5 billion on its national WiMax network between now and 2010. It had already told Wall St. it would spend close…
Douglas A. McIntyre The market seems to agree with what 24/7 Wall St. wrote lates yesterday. No one will buy debt-laden Charter Communications (CHTR) and even controlling shareholder and billionaire Paul Allen does not have…
Douglas A. McIntyre Mattel’s (NYSE:MAT) recalls are quite well known now. We know that Chinese toys are being checked and tested and complained about across the board, and rightfully so. Chinese suppliers have been exposed…
It is always good to remember that just because stocks trade at intraday lows, it doesn’t mean that they are going to stay that way or that they are going to roll…