Costco Jumps on the Special Dividend Wagon
ThinkstockCostco Wholesale Corp. (NASDAQ: COST) became the most recent company to pay out a special dividend to help its investors keep more money if taxes go up at the start of next year. Many…
ThinkstockCostco Wholesale Corp. (NASDAQ: COST) became the most recent company to pay out a special dividend to help its investors keep more money if taxes go up at the start of next year. Many…
courtesy of Wal-Mart Stores Inc.Most evaluations of holiday sales so far have been positive. Black Friday weekend brought record numbers of shoppers into stores, according to groups such as the National Retail Federation (NRF).…
ThinkstockIn a ruling that should really be no big surprise, Dunkin’ Brands Group Inc. (NASDAQ: DNKN) has lost its bid with the U.S. Patent and Trademark Office to trademark the phrase “Best Coffee in…
courtesy ConAgra Foods Inc.In September of 2011, ConAgra Foods Inc. (NYSE: CAG) withdrew its $5.2 billion bid to acquire packaged foods competitor Ralcorp Holdings Co. (NYSE: RAH). This morning the companies announced a definitive…
courtesy Best Buy Co. Inc.Holiday retailers fall into at least two groups so far this year. One group includes companies that face low expectations. Best Buy Co. Inc. (NYSE: BBY) and JCPenney Co. Inc.…
ThinkstockAs hard as retailers, both online and in the real world, compete for sales over the long Thanksgiving holiday weekend, so to do online and research firms compete to see which can report sales…
ThinkstockDeckers Outdoor Corp. (NASDAQ: DECK) is trading higher on Monday after takeover chatter has been out in the stock. Our question is not really AT WHAT PRICE?… We want to know if a deal…
Hain Celestial Group Inc. (NASDAQ: HAIN) is taking it on the chin on Monday after Barron’s highlighted some growing risks over the holiday weekend. While we might normally be inclined to disagree with this…
courtesy Best Buy Co. Inc.The convenience of shopping online attracts a lot of customers, and it seems reasonable that an online retailer would take advantage of the Cyber Monday traffic to promote certain items.…
Wikimedia CommonsResearch firm Comscore announced two pieces of data. The first is that Black Friday e-commerce sales rose about $1 billion for the first time ever — to $1.042 billion. The other was that…
ThinkstockThe cost of “The Twelve Days of Christmas” rose to a record level, even though most economists say there is very little inflation in the economy. The combined price of the items rose to…
courtesy Best Buy Co. Inc.The fog of war has enveloped estimates of retail activity over the Thanksgiving/Black Friday weekend. That does not matter much; only the numbers for the entire period from November 1…
ThinkstockWhile it is too early to say which individual companies have benefited the most, holiday e-commerce sales surged past $1 billion, according to research firm Comscore. It remains likely that the normal winners in…
courtesy Making Change at Walmart and UFCWEmployees of Wal-Mart Stores Inc. (NYSE: WMT) began their promised job walkouts last night at Walmart stores in Miami, Dallas, Wisconsin and the San Francisco Bay area. The…
courtesy of Wal-Mart Stores Inc.The Wal-Mart Stores Inc. (NYSE: WMT) bribery probe has widened. It began last April when The New York Times reported that officials of Walmart Mexico had bribed government officials to…