Burger King And Starbucks: 1+1=1
Burger King (NYSE:BKS) will begin to sell Starbucks (NASDAQ:SBUX) Seattle’s Best Coffee at its US restaurants. That would seem to be an admission that the coffee that the fast food has served up until now was…
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Newest first · Page 329Simon Says: “General Growth” (SPG, GGWPQ)
It seems that the realm of mergers and acquisitions is not dead when it comes to property deals. Simon Property Group, Inc. (NYSE: SPG) has made a formal offer to acquire General Growth Properties,…
Amazon.com Snags S&P Upgrade (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) has received yet another debt rating upgrade. Standard & Poor’s Ratings Services raised it by a full two notches and kept a positive outlook that could mean more ratings boosts…
Trouble For Coke And Pepsi? Sugary Drinks May Increase Cancer Risk
Pancreatic cancer is one of the most deadly forms of the disease. The American Cancer Associate says that the five-year survival rate for the condition is only 5%. New research by the Singapore Chinese Health Study…
Wrestling for Control of Barnes & Noble (BKS)
A war is beginning to take place over Barnes & Noble, Inc. (NYSE: BKS). Ron Burkle, a well-known activist investor who heads various activist investor funds under the name Yucaipa, is trying to go…
Amazon Reigns Online: Could Offline Be Next? (AMZN, AAPL, WMT, TGT)
Quarterly results at Amazon.com Inc. (NASDAQ: AMZN) beat even the company’s own high estimates for revenue and profits. A lot of that was due to the success of the company’s Kindle e-reader and to…
Amazon Delivers, But Why a $2 Billion Buyback? (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) has just reported earnings of $0.85 EPS and $9.52 billion in revenues. Thomson Reuters had estimates of $0.72 EPS and $9.04 billion. The company sees $6.45 billion to $7 billion…
J.C. Penny Reaction To 24/7 Wall St Store Closing Lists
J.C. Penney (NYSE:JCP) sent 24/7 Wall St. a reaction to the 2010 Major Store Closing List: Mr. McIntyre… After reading the 24/7 Wall Street “2010 Major Retailer Store Closing List” entry from Jan. 19, we…
Will Wal-Mart Sell Google Nexus One? It Won’t Matter
Blogs and tech websites are beginning to buzz with news that Wal-Mart (NYSE:WMT) may begin to sell the Google (NASDAQ:GOOG) Nexus One handset powered by the search company’s own Android operating systems. There is…
2010 Retail Sales To Rise 2.5%?
The retail industry’s biggest booster group, The National Retail Federation, expects sales in the industry to rise 2.5% next year. It bases its conclusion on an anticipated increase in consumer spending and a drop…
Wal-Mart (WMT) To Cut Over 11,000 Workers
It is cause for worry when the world’s largest retailer cuts 11,200 people right after a rough holiday sales season. Wal-Mart will fire that many people at its Sam’s Club division. The warehouse club…
Starbucks Pleases Skeptics (SBUX)
Starbucks Corp. (NASDAQ: SBUX) has just reported earnings of $0.33 non-GAAP EPS and $2.72 billion in revenues vs. $0.28 and $2.60 billion in revenue estimates from Thomson Reuters. The biggest figure here is that…
24/7 Wall St. 2010 Major Retailer Store Closing List
Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there was any improvement at all.…
Ferrero Out? Cavity in Chocolate Merger… (CBY, KFT, HSY)
Cadbury plc (NYSE: CBY) may have just found out that it might need to be a bit more receptive to Kraft Foods Inc. (NYSE: KFT) in the buyout process, if it even wants to…
New Store Signs Can Spy On Customers
Microsoft (NASDAQ:MSFT) and Intel (NASDAQ:INTC) have created technology that will allow signs in stores to detect a customer’s gender and which products a shopper looks at. According to The Wall Street Journal, the two tech…