Wal-Mart Stories
Walmart Express debuting in Chicago on Wednesday
Wal-Mart Stores Inc (WMT.N) is opening its first small store in Chicago on Wednesday as it tests a format it hopes will allow it to penetrate urban markets that have resisted its huge stores.
Amazon's Stock Zooms; Analysts Remain Bullish
Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.
How to play it: Swiss francs, gold thrive in debt crisis
It's not too late to find investor-friendly exchange-traded funds specializing in safe-haven currencies and precious metals, experts say, though the August 2 deadline for raising the U.S. debt ceiling is days away. For more intrepid individuals, there are even some tech ETFs that seem to be holding their own.
Supervalu profit tops Street view, shares jump
Supervalu Inc's (SVU.N) quarterly profit topped Wall Streets expectations despite sagging sales as the third-biggest U.S. supermarket chain trimmed expenses in a drive to catch up to rivals.
Wal-Mart Moving Streaming Video Service to Its Web Site
Wal-Mart is moving Vudu to the company's main Web site, in a bid to directly take on Netflix and other video providers.
Wal-Mart Taking on Netflix; Retailers Adds Streaming Video to Web Site
Wal-Mart is moving its streaming video service Vudu to its main Web site, in a move to challenge Netflix.
Jesus Appears on Couple’s Wal-Mart Receipt, Answers Prayers
A South Carolina couple found the image of Jesus Christ on their Walmart receipt three days after their purchase. The pair had just returned from Bible study and felt that the image seemed to answer some of the questions they'd just been asked.
Sears $69 iPad 2: It Was Only a Typo
Sears was selling an iPad 2 for $69 at its online store over the weekend through a third party vendor. But the offering was a mistake, caused by a typo the company says. All sales were cancelled by Sears.
Why Atlanta Teachers Cheated like Crazy
The Atlanta teachers cheating scandal is one of the most embarrassing episodes of US public schools in modern history.
Netflix Price Increase: 5 Reasons to Buy the Stock
Netflix is taking heat over its 60 percent price increase for unlimited video streaming and DVD by mail option. But for shareholders, that's good news. Here are other reasons bulls might want to take a look at Netflix's stock.
ICEE Maker App, Slurpee Summit Red Hot
The ICEE Maker App and 7-Eleven's free Slurpee day are red hot in July.
Don't Bet Against Netflix: 5 Reasons the Stock is a Winner
Netflix has a lot of short-sellers betting against its long-term stock success. Here's five reasons why the shorts are wrong.
Wholesale Club War: BJ's vs. Costco
Leonard Green & Partners and CVC Capital Partners have agreed to buy BJ's Wholesale Club for $2.8 billion. The move is expected to pit BJ's in more direct competition against Costco in the wholesale club wars as the firms push BJ's, in only 15 states to growth.
Violent Video Game Ban Author Rebukes Court Decision
California State Senator Leland Yee says the U.S. Supreme Court decision striking down the law he authored calling for a ban of sales of violent video games to minors “put the interests of Corporate America” first.
Five winners, five losers in a tough economy
Some companies will win, some companies will lose as growth slows in the American economy and inflation rises. Here's a list of five winners, and five losers.
Best Buy Not Ready for Dead
Best Buy to use cash hordes no longer needed to repurchase $5 billion in stock. The company increases its quarterly dividend 7%. Best Buy will reduce square footage in its big box stores over the next five years.
Wal-Mart Bias Suit Win One for Corporate America
The U.S. Supreme Court ruling places new limits nationwide on class-action suits. Companies facing similar suits to benefit from the ruling include Cigna Corp., Goldman Sachs Inc., Bayer AG, Deere Co., and Costco Wholesale Corp. The case one of the most important for U.S. businesses in a decade.
Walmart Supreme Court Case Decision [FULL TEXT]
Below is a short excerpt from Justice Antonin Scalia on the Walmart Supreme Court Case Decision, the full text in PDF format, and the full text in Microsoft Word format.
Walmart Evades Class Action, Stocks up
Wal-Mart Stores, Inc., is relieved after the US Supreme Court blocked a gigantic class action lawsuit against the retailer from being certified.
Supreme Court Rules for Wal-Mart In Gender Bias Suit
The Supreme Court today rejected a class action lawsuit alleging systematic discrimination against women in Wal-Mart's hiring and promotion practices, potentially reshaping standards for class action lawsuits.
Canceled NASA Mars project paves way to Green Earth
A canceled NASA Mars project is the base for today’s Bloom Box, a device that can take the chemical energy contained within molecules and convert it directly into electricity through a chemical reaction.
Wal-Mart offers iPhone 4 at just $147 till June 30
Following the 2011 WWDC, Apple-lovers will have another reason to be excited over as multinational retailer; Wal-Mart has offered a staggering discount of $52 discount over the regular price on the 16 GB iPhone 4.
Debit Card Fee Limit: Senate Rebuffs Financial Industry
Tuesday's Senate vote to reduce the fees banks levy on individual debit card transactions represents a significant defeat for the financial industry and its formidable lobbying machine.
Wal-Mart of Weed: Marijuana market to flourish in US as legal control weakens
It is good times ahead for medical marijuana business in the US. Authorities are loosening the legal noose around marijuana growing in Arizona, Detroit, and Los Angeles which will see super stores selling weed for relieving illnesses. As it turns out the ‘Wal-Mart of Weed’ or ‘Home DePot’ opened in Arizona on Wednesday in a 21,000-square-foot store. The store promoted by weGrow will sell around 2,000 products, including soil, grow lights and irrigation trays, designed for easy growing of mariju...
Which stocks should be sold now?
Wall Street investment guru and editor of GameChangers Hilary Kramer has put together a list of 12 stocks which she advised investors to sell immediately. While the names that appeared on the list are big ticket stocks, Kramer justifies her position, saying that investors usually make the mistake of holding on to what used to be hot previously. She says, for example, retail stocks were 'yesterday’s market leaders.'
RIM Maintains Playbook Is No Flop
RIM. has come out in defense of its Playbook, saying the tablet has sold better than expected.
Apple Passes Google In Brand Value
Apple is the number one brand in the world according to a report; Facebook is in the top 100 for the first time.
Fake Recovery: 29 Percent of Americans Say 2011 Economy in Depression
According to a Gallup poll, over half of Americans belief that US economy is in Recession or Depression. More and more people are even preparing themselves and their families to become independent from the system, in order to survive a coming economic collapse, where the distribution of food and energy will break down.
4G smartphones will get hotter with the release of Samsung Infuse and HTC Sensation
4G smartphones will get hotter with the release of Samsung Infuse and HTC Sensation
American Pharmacies Says Medicare Part D Laws Not Enforced (FULL TEXT)
American Pharmacies, a member-owned independent pharmacy cooperative based in Texas, is taking on Humana and Walmart via the Centers for Medicare and Medicaid Services (CMS) for discriminating against some pharmacies in Humana’s new Medicare Part D prescription drug plan (PDP).