Retail

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Costco Sales Up Despite Fuel Price Drop, Strong Dollar

Costco Wholesale Corp. (NASDAQ: COST) this morning reported net sales of $7.25 billion for the month of July, an increase of 8% from $6.74 billion during the similar period of last year. The Issaquah,…

Trey Thoelcke · 14 years ago

Del Frisco’s Trades In Its Busted IPO Status

Del Frisco’s Restaurant Group, LLC (NASDAQ: DFRG) is regaining its IPO price today and is no longer trading as a busted IPO.  After hitting as low as $12.00 on Friday after a $13.00 initial…

Jon C. Ogg · 14 years ago

U.S. Smartphone Shipments Fall 5%

The latest research from Strategy Analytics indicates that smartphone shipments in the United States fell 5% annually to reach less than 24 million units during the second quarter of 2012. Google Inc.’s (NASDAQ: GOOG)…

Trey Thoelcke · 14 years ago

Amazon.com Now Trading On 2015 Earnings Projections

OK, so if you are trying to use traditional valuation analysis on Amazon.com, Inc. (NASDAQ: AMZN) you are probably pulling your hair out.  After all, isn’t 189-times this year’s expected earnings a bit high…

Jon C. Ogg · 14 years ago

Starbucks Shares Cut After Earnings Miss Targets

Shares of Starbucks Corporation (NASDAQ: SBUX) fell sharply after hours after reporting third-quarter earnings that missed analyst expectations. Shares are down 9.36% to $47.50 in the first 20 minutes of after-hours trading. The stock rose 3.96%…

247sam · 14 years ago

RadioShack Collapses

RadioShack Corp. (NYSE: RSH) this morning reported second-quarter results of a net loss of $0.21 on $953.2 million in revenue. Earnings per share (EPS) dropped from $0.24 in the same period a year ago,…

Paul Ausick · 14 years ago

Pepsi Profit, Revenue Fall

PepsiCo Inc. (NYSE: PEP) this morning reported second-quarter adjusted earnings of $1.12 per share on $16.46 in revenue. Earning per share (EPS) dropped from $1.21 in the same period a year ago, while revenue…

Paul Ausick · 14 years ago

McDonald’s Stumbles on Currency Exchange Rates

A stronger U.S. dollar bit into both the top and bottom lines at McDonald’s Corp. (NYSE: MCD) in this morning’s second-quarter earnings report. The company reported earnings per share (EPS) of $1.32 on revenue…

Paul Ausick · 14 years ago

Facebook and Walmart CEOs Meet — Reuters

Mark Zuckerberg of Facebook (NASDAQ: FB) and Walmart (NYSE: WMT) CEO Mike Duke are scheduled to meet for two days along with senior aides. Presumably the gathering aims to increase the use of Facebook by…

Douglas A. McIntyre · 14 years ago

CVS Caremark Tumbles on Walgreen Deal

CVS Caremark (NYSE: CVS) was down more than 2% in premarket trading Thursday, and its was down more than 5%, or less than $46 a share, in early trading. This after the stock reached…

Trey Thoelcke · 14 years ago

Walgreens Taps Former McDonald’s CEO as Chairman

The former CEO of McDonald’s Corp. (NYSE: MCD), James Skinner, has been named the new non-executive chairman of the board of Walgreen Co. (NYSE: WAG). Skinner replaces Al McNally who has been the non-executive…

Paul Ausick · 14 years ago

Supervalu Shares Collapse after Earnings

Shares of grocer Supervalu Inc. (NYSE: SVU) have lost more than -30% since the company announced quarterly results after the markets closed last night. We covered the gruesome details after the company reported its…

Paul Ausick · 14 years ago