The sad state of the IRS’s computer networks has been documented in government reports for years. Now, as the federal government’s deficit balloons past $1 trillion, the notion that the agency’s poor data collection…
A cynic might say that the best thing that happened to firearms business was the election of Barack Obama in November 2008. Gun makers and owners, always distrustful of a Democratic administration, feared that…
Government statistics have shown that for several months American have cut back on the use of credit. The news would seem to be bad for credit card companies, but there has not been much…
Border’s (NYSE: BGP) has cut the price of most of its e-readers as it tries to improve the tiny market share its has compared to the Amazon.com (NASDAQ: AMZN) Kindle and Barnes & Noble…
The back-to-school sales period should be completed within two weeks. New data show that the season failed to produce better results than last year and may even have been worse. “Americans’ self-reported spending in…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Earnings season isn’t quite over yet. We still have some rather large, some giant, earnings on deck next week. We have an earnings duel between The Lowe’s Companies (NYSE: LOW) and The Home Depot,…
The earnings report from Kohl’s Corporation (NYSE: KSS) was partly like the Macy’s Inc. (NYSE: M) report yesterday, but the outlook from Kohl’s leaves a simple observation: Macy’s is taking share from Kohl’s. That…
Free Wi-Fi has been a marketing tool at restaurant and beverage establishments including McDonald’s (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Now Walmart (NYSE: WMT) has decided the service will help it attract and retain…
McDonald’s (NYSE: MCD) proved once again that it may be the only company based in America with growth as bulletproof as Apple’s. Same-store sales for July exploded upward by 7%, well ahead of forecasts.…
The chance that Barnes & Noble (NYSE: BKS) has decided to consider taking itself private has spawned a cottage industry of picking the next retailers that will make a similar decision. Barnes & Noble…
Dividends and income from your belly… We have decided to start taking some high-yield reviews of key sectors this week now that earnings season is past the half-way mark. Dividends in food via restaurants,…
There are many major stocks to watch this coming week as The Unusual Suspects… We tried to refrain from many earnings previews as earnings season still has too many players to single out just…
Krispy Kreme Doughnuts Inc. (NYSE: KKD) is as much a cult stock as any, even though the stock has fallen off almost every big trader and investor radars after its problems with keeping its…