ThinkstockFood processor J.M. Smucker Co. (NYSE: SJM) announced this morning that it was lowering the price on its coffee brands by an average of 6% “in response to sustained declines in green coffee costs.”…
Lost in the last night’s commotion over the $2 billion loss at JPMorgan Chase & Co. (NYSE: JPM) were weak reports from retail Nordstrom Inc. (NYSE: JWN), Kohl’s Corp. (NYSE: KSS), and Dillard’s Inc.…
Monster Beverage Corporation (NASDAQ: MNST) is looking like a monster all on its own after earnings this morning. The specialty energy drink maker is seeing shares rise in the double-digit percentages after this company…
Sears (NASDAQ: SHLD), Overstock (NASDAQ: OSTK), and Abercrombie & Fitch (NYSE: ANF) are not particularly well-regarded as brands or particularly well-liked by Wall St. Perhaps coincidentally, each shows up near the bottom of the…
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is seeing its situation go from bad to worse. Now there is a management shuffle at the top due to inconsistent stock sales to meet margin calls. …
Macy’s Inc. (NYSE: M) reported first quarter results this morning that beat estimates on both EPS and revenues. The soft spot was the company’s guidance, and that is taking the stock down sharply in…
The Wendy’s Co. (NASDAQ: WEN) reported first quarter earnings this morning and managed to post another profit — barely. The company reported adjusted EPS of $0.01 versus a consensus estimate of $0.03. Revenue totaled…
JCPenney (NYSE: JCP) was set to be the next Sears or Kmart. But then Ron Johnson came on as CEO after a run as the head of Apple’s (NASDAQ: AAPL) retail stores. JCPenney’s shares surged.…
Groupon Inc. (NASDAQ: GRPN) may still be a troubled stock compared to the recent IPO trends. A couple of issues are helping it overcome some woes so far today. The CEO showed in his…
McDonald’s Corporation (NYSE: MCD) is supposed to be the king of defensive stocks. It pays a dividend of close to 3%, it was the best performing DJIA component in 2011, and after all everyone…
Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and include the Kindle Fire…
Car rental firm Avis Budget Group Inc. (NASDAQ: CAR) revised its first quarter and full-year forecasts sharply this morning, putting a bit of fuel in the tanks of competitors Hertz Global Holdings Inc. (NYSE:…
Asian food eatery P.F. Chang’s China Bistro Inc. (NASDAQ: PFCB) this morning announced that it is being taken private in a deal worth $1.1 billion. The buyer is private equity firm Centerbridge Partners LP,…
In advance of its annual meeting tomorrow, Sears Holdings Corp. (NASDAQ: SHLD) this morning announced that its first quarter same-store sales fell -1.3% compared with the same period a year ago. The stock is…
When the largest soft-drink company in the US can’t make a competitive product in a growing market, it looks around for a company it can buy. It appears that the Coca-Cola Co. (NYSE: KO),…