November Same-Store Sales Highlight Huge Rift Between Retailers
Limited Brands Inc. (NYSE:LTD) and Macy’s (NYSE:M) reported November same-store sales that topped analysts’ estimates after Black Friday deals drew record crowds. Sales at Limited Brands, which...
View ArticleAmazon Makes a Local Offer You Can’t Refuse
In an effort to boost customer interest and awareness, Amazon.com Inc. (NASDAQ:AMZN) will sell $10 gift cards to its site for half the price on Tuesday. The offer will be available through its daily...
View ArticleDo Business Inventories and Sales Show a Boosted Market?
January wasn’t the best of months when it came to sales in the U.S., but there are signs that strong growth is returning. The Manufacturing and Trade Inventories and Sales report showed adjusted...
View ArticleAre the Glory Days Returning for Ford and General Motors?
For the first time since 1993, all of the Big Three Detroit automakers — General Motors (NYSE:GM), Ford (NYSE:F), and Chrysler — gained market share in the first quarter. The average estimate of...
View ArticleFord Fusion: The American Hybrid Love Story Continues
Source: Ford Motorists are paying the cheapest springtime gasoline prices in three years, and gasoline prices are expected to continue dropping into the summer. While falling prices have put a crimp...
View ArticleAnalyst: Will JCP’s Transformation Surprise Customers?
Before his departure, former J.C. Penney (NYSE:JCP) Chief Executive Officer Ron Johnson believed that revitalizing the department-store chain’s home goods department would be an important building...
View ArticleConsumers and Investors Love These 5 Companies
Believe it or not, the amount of money consumers spend on a daily basis is at its highest level in almost five years – giving hope to a true economic recovery. Last month, Americans said they spent an...
View ArticleAre Government Policies Hindering Businesses?
Small business owners felt slightly more optimistic last month, but the outlook for growth and job creation remains weak. Small firms across the nation cite taxes and government policies as their top...
View ArticleDo Top U.S. Executives Believe A ‘Recovery’ is Taking Place?
There is no doubt that the U.S. economy is still struggling to make a convincing recovery from the credit meltdown. Asset prices have been pushed higher by the Federal Reserve, and the labor market is...
View ArticleDid iPhone Sales Just Slip in These Huge Markets?
Apple (NASDAQ:AAPL) appears to have lost some market share in Western Europe as the overall demand for smartphones in this market has declined. According to the latest IDC statistics, the iPhone maker...
View ArticleConsumers and Investors Love These 5 Retailers
The amount of money consumers spend on a daily basis is holding at its highest level in almost five years, giving hope to a true economic recovery. The retail industry is filled with competition, but...
View ArticleIs Obamacare Already Hitting Small Businesses?
After two months of incremental gains, optimism among small business owners declined last month. Small firms across the nation cite taxes and government red tape as their top problems, with Obamacare...
View ArticleWholesalers Report Leaner Inventories: A Problem for Q2 GDP?
Wholesale inventories in the United States fell in May by the most in more than a year-and-a-half, and the month’s decline represented the second consecutive drop for that key economic indicator. The...
View ArticleRadar Movers: Microsoft Jumps 2.8%, Apple’s MacBook Could See Changes Soon
Shares of Microsoft (NASDAQ:MSFT) jumped 2.8 percent on Thursday and continued to edge higher in late afternoon hours. The company announced what many would call a reorganization, and what Steve...
View ArticleHeavy Hitters: Leap Wireless Shares Double, Apple’s iPhone 5S Might Launch in...
Shares of Leap Wireless (NASDAQ:LEAP) more than doubled on Monday and continued to attract attention in late afternoon hours. The company is being acquired by AT&T (NYSE:T) for $1.2 billion after...
View ArticleWill Back-to-School Shopping Save Retailers?
The recent update on retail sales confirmed that the U.S. economy is still sluggish at best. Consumers are spending money on some big-ticket items, but demand for other goods remains weak. However,...
View ArticleAre Restaurant Sales Serving a Warning to the Economy?
America recently lost the unflattering status of being the most obese developed country in the world. However, eating food is practically a national pastime, and still serves as an economic indicator....
View ArticleApple’s Massive Cash Hoard Hits New Record
Apple (NASDAQ:AAPL) reported its latest round of earnings after Tuesday’s closing bell. Despite the negative sentiment surrounding the tech giant over the past year, the results topped expectations....
View ArticleEmployees Out JCP’s Misleading Sales Strategy
The psychology behind a sale is fairly straightforward: convince a shopper that the sale price is a rare deal, and the question “why not?” becomes harder to answer, especially if the discount is really...
View ArticleHeavy Hitters: Herbalife Jumps 5%, Speculation Builds for Apple’s iPhone 5C
Shares of CF Industries Holdings (NYSE:CF) surged nearly 12 percent Monday and continued to edge higher in late afternoon hours. Dan Loeb’s Third Point hedge fund disclosed a new position in the...
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