ThinkstockThe Securities and Exchange Commission (SEC) announced on Monday that it has entered into a what is a called a non-prosecution agreement (NPA) with Ralph Lauren Corp. (NYSE: RL). What is interesting about this…
courtesy Wal-Mart Stores Inc.One year ago today, The New York Times published its story on the payment of millions of dollars in bribes paid by Wal-Mart Stores Inc. (NYSE: WMT) to aid the company’s…
Wikimedia CommonsIn December 2008, 24/7 Wall St. named the CEO of McDonald’s Inc. (NYSE: MCD) its CEO of the year. James Skinner, who retired as the company’s CEO last summer, was credited with converting…
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported first-quarter 2013 results before markets opened this morning. For the quarter, the fast-food restaurant chain posted diluted earnings per share (EPS) of $1.26 on revenues of $6.61…
ThinkstockAuto retailer AutoNation Inc. (NYSE: AN) reported first-quarter earnings before markets opened this morning. The company posted adjusted earnings per share (EPS) of $0.68 on revenues of $4.1 billion. In the same period a…
Wikimedia Commons, Public DomainPepsiCo Inc. (NYSE: PEP) reported first-quarter 2013 results before markets opened this morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $0.77 on…
ThinkstockNew York City-based grocery store chain Fairway Group Holdings Corp. (NASDAQ: FWM) held its initial public offering today, with shares going out at $13, above the expected range of $10 to $12 a share.…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertA judge of the New York state appeals court has issued a temporary order that prevents J.C. Penney Co. Inc. (NYSE: JCP) from selling certain home…
courtesy of Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) posted worldwide sales data for the period that ended on March 31, including sales of hybrids, which many analysts believe is the future of the…
ThinkstockThe U.S. Labor Department has provided retail inflation data via the March Consumer Price Index (CPI). CPI came in at -0.2% on the headline report, with only a gain of 0.1% on the core CPI,…
ThinkstockUBS has initiated new analyst coverage of the large retailers this morning, and we have focused on the big three retailers: Costco Wholesale Corp. (NASDAQ: COST), Target Corp. (NYSE: TGT) and Wal-Mart Stores Inc. (NYSE:…
courtesy of The Coca-Cola CompanyThe Coca-Cola Co. (NYSE: KO) reported first-quarter 2013 results before markets opened this morning. The soft-drink maker posted diluted earnings per share (EPS) of $0.39 on revenues of $11.04 billion.…
courtesy J.C. Penney Co. Inc.A New York Supreme Court justice this morning threw out a claim of unfair competition brought by Macy’s Inc. (NYSE: M) against J.C. Penney Co. Inc. (NYSE: JCP) and Martha…
ThinkstockWith the purchase of its third coffee company in less than a year, German consumer products firm Joh. A. Benckiser (JAB) is spending real money to get its arms around both the coffee shop…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JPC) is really up against it. Several media outlets report that it will try to raise $1 billion, as new CEO Myron Ullman III labors…