The fuel cell maker is actively deceiving investors with guidance and is worth a fraction of its current price, says Andrew Left of Citron Research.» Read More
Corporate America is on a share buyback binge, fueling concerns that U.S. companies are masking underlying business problems and trying to pump up their executives' compensation.
An explosive bid for Canada's Alcan is giving a positive psychological lift to stocks as traders watch a flood of monthly sales reports from retailers.
It's spring cleaning in the summertime for retailers right now and profit taking time for investors in retail stocks (it would seem.) From what I'm hearing, the disappointing sales we saw today from Children's Place may be setting the tone when it comes to retail sales results. Same store sales declined 4% in June coming in below expectations. CEO Ezrah Dabah cited continued declines in mall traffic--NOT the weather, NOT high gas prices, NOT inventory management issues--for causing sales to fall off at the start of the summer.
Market pros will be looking closely at the tech sector in the upcoming earnings season, but for investors seeking a quick pop, they need look no further than the energy sector as oil prices remain at record levels.
It has been almost a year since this Mad Money institution first aired, and now it's time to shake things up. Say hello to three new members.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Here it is, Jim's list of the worst CEOs in the biz. It takes years of hard work and peerless incompetence to make the cut. Well done, people.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Here's the quick and dirty on what yesterday's ruling by the U.S. Supreme Court on Leegin v. PSKS means for retail: The case of Leegin v. PSKS came to the docket of the Supreme Court after a dispute over the sale prices of designer handbags. Brighton/Leegin of City of Industry, Calif. Brighton/Leegin required a Lewisville, Texas, boutique, Kay's Kloset, to agree in writing not to sell its products below a certain price.
In a sign of the growing influence that restaurants have on how and where consumers spend their money, a major retail trade group has included for the first time six restaurant companies on its list of the top 100 retailers, released on Friday.
Brent Bracelin, hardware analyst at Pacific Crest Securities, told CNBC’s “Squawk Box” that Dell Computer’s decision to sell through retail outlets could boost the stock to as much as $35 a share.
Color and personalization of the new XPS M1330 notebook are how Dell is choosing to highlight its design innovation and separate itself from competitors. The PC maker debuted its new line of notebooks Tuesday in an unusual way in an unlikely setting: a runway show in Macy's Herald Square. The launch is all part of Dell's efforts to regain marketshare lost to competitor H-P by rebranding with a more stylish edge.
Kroger the nation's largest traditional supermarket chain, said Tuesday first-quarter profit jumped 10 percent but was slowed by labor unrest. Its shares sank more than 5 percent in trading Tuesday.
"Ratatouille" is Disney/Pixar's first joint venture since the acquisition, and the movie--and its associated merchandise -- is exactly why Disney wanted to snap up Pixar. The film's opening on Friday but I got a sneak peak at the premiere a week early, and I was seriously impressed. Call it "Cyrano de Spice Rack", it's the story of a rat who loves to cook, and befriends the garbage boy in the best restaurant in Paris, becoming his secret chef. I was really impressed.
Every once in awhile there is a partnership or corporate event that sort of makes you scratch your head. Journalists and analysts are paid to connect the dots but on both fronts, the people I've spoken with today are wondering what's behind Dell's choice to launch its new product line at Macy's in Herald Square. The launch will be Tuesday morning in Manhattan and Dell executives including Sr. Vice President Alex Gruzen will be on hand for the runway show of products.
On Wall Street, the Berkshire Hathaway chief is a god. But does he still have his mojo after all these years?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Mark Husson, a retail analyst at HSBC Securities, told CNBC’s “Morning Call” that Wal-Mart’s decision to open financial services centers and launch a prepaid Visa card are an effort to monetize the huge flow of customers into its stores.
Wal-Mart Stores said Wednesday that it will open 1,000 financial services centers in its stores and roll out a prepaid Visa card nationwide, in a major expansion of services the retailer provides to its base of lower-income customers.
Best Buy Co., the nation's largest consumer electronics retailer, lowered its 2008 profit estimate, blaming a softening economy that's steering shoppers away from high-margin items like flat-screen TVs.
Tesco, Britain's largest grocery chain, saw its shares drop Tuesday despite posting a 10% gain in first-quarter sales, which were boosted by strong growth in international operations.
From Macy's to Wal-Mart to Sears, the retail management that I've spoken with over the past year have all emphasized how important the online segment of their business is becoming. Macy's CEO Terry Lundgren says consumers who shop online are 30% more productive than those who shop in just one channel. So, is the decline of online shopping as suggested by the New York Times greatly exaggerated?
Ron Kiddoo, chief investment officer for Cozad Asset Management, told CNBC’s “Squawk on the Street” that he expects the market to gain more than 10% this year.