A firm called HBK INVESTMENTS, L.P. has just changed its tune regarding its investment in Circuity City Stores Inc. (NYSE: CC). As of December 31, 2007, HBK-I owned or controlled a combined 15,420,653 shares,…
When we saw the Mars acquisition of William Wrigley Jr. Co. (NYSE: WWY) in perhaps the largest food merger, the first thing that came to mind besides "what a premium" was "What does this…
Hansen Natural Corporation (NASDAQ:HANS) has announced a new share buyback program for up to $200 million of its own common stock. The Board of Directors has thus terminated the previous stock buyback plan that…
Triarc Companies, Inc. (NYSE: TRY) and Wendy’s International, Inc. (NYSE: WEN) have signed a definitive merger agreement. According to the release, this has been approved by theboards of directors of both companies. The merger…
There were too many headlines to count when Wal-Mart (WMT) got into the business of selling high-fashion, higher-price clothes a couple of years ago. The number of headlines increased when the project failed. Wal-Mart…
Football stars and CEOs pride themselves on winning when the chips are down, when things look to be at their worst. Elias Sports Bureau and legions of demented math Ph.Ds keep statistics on how…
After today’s close we saw earnings out of NutriSystem Inc. (NASDAQ: NTRI) with $0.42 EPS on $216.468 million in revenues. The estimates from First Call were $0.41 EPS on $214.52 million in revenues. The…
Starbucks (SBUX) is now dead, just not buried. The company warned on earnings for the quarter and the year. Howard Schultz’s attempt at a turnaround never made it out the door. He was too…
The food crisis got worse yesterday just as it seems to get worse as each week passes. CostCo (COST) is having to limit fulfilling huge orders for items like flour. According to Reuters "with…
Shoppers are raiding CostCo (COST) for rice and wheat. At least the are paying for it, for the time being anyway. The discount retailers CEO says that "enough is enough". CostCo is prepared to…
There are many restaurants reporting earnings this week, some who have suffered from economic sensitivity and some who have not. People do have to eat when times are good and when times are tough,…
It has been one year since 24/7 Wall St. looked at over 40 Starbucks (NASDAQ: SBUX) from Texas to New York. Since then, the company has replaced its CEO with the company’s founder, Howard…
There is an interesting report out of ChangeWave, which shows that higher prices combined with tighter consumer pocketbooks are driving customers significantly. A large-scale movement to discount retailers driven by skyrocketing inflation concerns and…
Wal-Mart (NYSE: WMT) has hired a new man to help it move into Russia and Eastern Europe. These are two of the large developed regions where the world’s largest retailer has made few in-roads.…
Try to get a Starbucks (NASDAQ: SBUX) at 3 AM. No such luck. But, according to data given to us by McDonald’s (NYSE: MCD), more than 30% of its 13,700 US stores are up…