Schulze Losing Interest in Acquiring Best Buy
courtesy Best Buy Co. Inc.Shares of Best Buy Co. Inc. (NYSE: BBY) have just dropped right before the closing bell. The word is out that founder Richard Schulze is considering alternatives to a formal…
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Newest first · Page 276Dean Foods Slides on Weaker Forecast
ThinkstockDean Foods Inc. (NYSE: DF) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $0.40 on…
Kors Raises Guidance Following Big Quarterly Beat
thinkstockMichael Kors Holdings Ltd. (NYSE: KORS) reported third-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $0.64 and $636.78 million in revenues before markets opened this morning. In the same period a year…
Amazon and Apple Crush Competition in New Mobile Survey
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) place so high on most customer satisfaction surveys that the repetition has made the conclusions commonplace. Unfortunately for several financially battered retailers, their stumbling…
Is The Worst Really Over at Diamond Foods?
ThinkstockDiamond Foods Inc. (NASDAQ: DMND) is surging on what would be considered no real news from the company. The driving force is that BlackRock disclosed on Friday a larger stake of almost 8% in…
Wendy’s Turnaround: Is It Real This Time?
TheDapperDan via Wikimedia CommonsIf you have been following the fast-food sector for long, you have noticed that The Wendy’s Co. (NASDAQ: WEN) has been a long-term turnaround story. The problem is that the turnaround…
Sales Continue Slide at McDonald’s
courtesy of McDonald'sJanuary same-store sales continued to slide at McDonald’s Corp. (NYSE: MCD), falling by 1.9% globally during the month. U.S. sales were up 0.9%, but sales in Europe fell 2.1% and sales in…
Are E-commerce Sales Really So Good?
ThinkstockResearch firm comScore reported about 2012 that: For the full year, U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent — the strongest annual growth rate since before the recession. Q4…
After Earnings: Can OpenTable Sell Its “Value Stock” Case?
Jon OggOpenTable, Inc. (NASDAQ: OPEN) already had its major run higher, followed by a flame-out on its stock chart almost two years ago. The online reservation services is seeing some additional softness in its…
Herbalife Shares Ignore Latest Queries from Ackman
Courtesy Herbalife Ltd.Hedge fund honcho William Ackman fired off another set of questions directed at Herbalife Ltd. (NYSE: HLF) in yet another move to back up his contention that the nutrition and weight-loss company…
January Retail Sales: Some Winners, Some Stragglers (COST, WTSLA, LTD, TGT, BKE, SMRT, M, GPS)
ThinkstockRetailers are announcing January same-store sales figures today. Research firm Retail Metrics projects an overall gain of 2.8% year-over-year, compared with a 4.8% gain in December and a 2.9% gain in January of 2012.…
CVS On Track for New Annual High
ThinkstockCVS Caremark Corp. (NYSE: CVS) reported fourth-quarter and full-year 2012 earnings this morning. For the quarter, the pharmacy benefits management and retail sales firm posted adjusted diluted earnings per share (EPS) of $1.14 on…
Yum! Troubles in China Crush Forecast, Shares
courtesy of KFCYum! Brands Inc. (NYSE: YUM) closed down 3% ahead of earnings, mostly as investors wanted to get out out of the way ahead of the fast-food giant’s earnings. Now we have the…
Herbalife Says NY Post Story Wrong
ThinkstockWe noted earlier today that the New York Post ran an exclusive story this morning saying that the Federal Trade Commission (FTC) has a “pending” investigation into charges against Herbalife Ltd. (NYSE: HLF). Herbalife…
January Same-Store Retail Sales Coming This Week
ThinkstockSame-store sales for January are scheduled to be released this Thursday, and the consensus projection from research firm Retail Metrics calls for an increase of 2.8% compared with January of 2012. Excluding drug stores,…