Some of the names on the move ahead of the open.» Read More
If you're going to play the sector, you might as well go with best of breed.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.
Metro reported a near 15 percent rise in third-quarter operating earnings and upped its sales forecast for 2007 but its Real food unit lost money as it expanded in eastern Europe.
Just getting a chance now to look at email to the blog and you flooded me with interest in Nanosolar! Paul Dear in Michigan: "How do you invest in it?" Jim Miller asks, "How do we invest? Why can't we plebes buy it? Don't you think a good idea deserves a rapid capital accumulation? What's the problem?"
Walgreen plans to put kiosks that can make DVDs of popular movies in drugstore photo departments next year, using a new system that would increase selection while avoiding piracy.
I feel a bit like I'm on a news version of some struggling teen pop singer tour (don't they always include malls?) Lately I have been spending a lot of time in stores. Yesterday it was Costco in Clifton, NJ. In the past month work has sent me to: a New York City Best Buy, a Miami-area Wal-Mart, two malls in New Jersey and one on Long Island. That's just a few.
Sam's Club, the warehouse division of Wal-Mart Stores, said Wednesday that its membership income growth was not meeting its expectations, and it may change its membership structure to attract more customers.
Some Wal-Mart investors are calling Day 1 of the current analyst meeting, a fiasco! The pressure is on now, as Chief Executive Lee Scott addresses a hostile crowd on Wednesday.
Online retailer Amazon.com reported operating profit margins that concerned some analysts despite a sharp rise in quarterly earnings, and its shares fell 9%.
Stocks ended broadly higher amid continued strength in the tech sector, which gained following Research in Motion's deal to distribute BlackBerry smartphones in China, along with strong earnings reported by Apple.
Companies ranging from pancake house chain IHOP to high-priced handbag seller Coach reported signs of the continuing U.S. consumer pullback, sending retail and some restaurant stocks lower.
Wal-Mart Stores, the world's largest retailer, said it plans capital expenditures for its current fiscal year of $14.7 billion to $15.4 billion, lower than its previous forecast.
As I reported last week, tech was the bright lure in an otherwise fishy market. Well, we saw just how stinky that market could become Friday when not even tech brought buyers in the door. But those buyers were the first ones back in on Monday, and Apple promises to keep the tech fire burning. It reported a 67% jump in fiscal fourth quarter profits earnings to $904 million or $1.01 per share, well above expectations. Apple shares were sharply higher after hours.
Stocks rallied late in the session to end a seesaw trading session higher as bargain hunters stepped in despite economic concerns and worries about global credit markets. "It seems like a little bit of a bounce back from Friday's Armageddon," said Mike Burnick, director of research at the Sovereign Society.
The world's largest retailer has spawned this blog's biggest response ever! The anti-Wal-Mart emails (some 655, almost all I would say from Wal-Martwatch.com readers) keep pouring into the Retail Detail inbox. We'll continue to post your thoughts and responses so keep them coming. I've yet to hear from any on the pro Wal-Mart side.
Flash memory maker SanDisk on Monday debuted an online video service and a USB flash drive that can carry television programs and videos from a computer for playback on TVs.
Dell plans to sell computers and other electronics gear at 1,400 Staples stores, the latest departure from the direct-to-customer business model pioneered by the No. 2 computer maker.
Wal-Mart Stores will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu in an effort to turn around the loss-making chain.
Wal-Mart Stores is in final talks to buy out minority shareholders in its Japanese unit Seiyu, local media said on Monday, in an effort to turn around the struggling business.
Twice in the past year, Wal-Mart Stores has given its stock a shot in the arm by announcing plans to rein in expansion in the United States.
Wow--I've never had the type or volume of response to a blog posting as I got today! Mention the world's largest retailer and readers and TV viewers take notice. Suggest or discuss whether Wal-Mart has actually had a positive impact on competitive pricing and inflation and you get more than 200 blog responses! At least I did.