Wal-Mart Stories
US stock futures plunge amid Libyan unrest
Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.
Borders' bankruptcy plan leaves store landlords concerned
Borders Group, owner of the second largest U.S. bookstore chain, said in its Chapter 11 bankruptcy filing that it will close down around 200 stores nationwide, sending store landlords into a tizzy.
Borders Files for Bankruptcy; Stock Plunges 25 pct
The second largest U.S. bookstore chain Borders Group Inc. (NYSE: BGP) filed for Chapter 11 bankruptcy protection as its book sales started sinking in 2008, 2009, and in each quarter of 2010 even after management changes, job cuts and debt restructuring.
World Market Overview 15/2/2011
U.S. stocks ended narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
Stocks yawn at Obama budget proposal
Stocks finished narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
Pre-market movers on Feb. 14 (NVDA, EXPE, FCX, NFLX, NOK, GME, CLX, WMT)
The companies whose shares are moving in pre-market trade on Monday are: Nvidia, Expedia, Freeport-McMoRan, Netflix, Nokia, GameStop, Clorox and Wal-Mart Stores.
S.Africa commission recommends Wal-Mart deal approval
South Africa's Competition Commission has recommended that retail group Wal-Mart's proposed acquisition of 51 percent of equity in Massmart be approved without conditions, the two companies said in a statement on Saturday.
Inflation - Retail Friend or Foe?
Robert W. Baird forecasts inflation to upswing during the course of 2011, while inflation overall is expected to remain rather benign by historical standards. The brokerage said food and gasoline are among the items poised to see upward price pressure this year.
DLA Piper to become Wal-Mart of law firms
DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.
Analysis: Supermarket operators shop till drop in SE Asia battle
A battle between large supermarket operators to tap into Southeast Asia's growing consumer wealth could trigger more acquisitions, with Indonesia, Vietnam and the Philippines seen as the next hot spots.
Wal-Mart loses one, wins much more
Retail giant Wal-Mart Stores (NYSE: WMT) got some bad news and some good news on either side of the U.S.-Canadian border.
'V for Victory, You are the Resistance' to fight DHS
Infowars. com is fueling a campaign called 'V for Victory, 'You are the Resistance', to counter 'If You See Something, Say Something' initiative of the Department of Homeland Security (DHS).
Apple Said to Double iPad 2 Resolution
Apple could increase the resolution of its next-generation iPad (iPad 2) in a move that would put Apple far ahead from the reach of its competitors.
Michelle Obama joins with Wal-Mart in promoting healthier foods
Wal-Mart (NYSE: WMT) has introduced a program to promote healthy, affordable foods, in a measure backed by First Lady Michelle Obama’s efforts to reduce childhood obesity.
Wal-Mart faces stiff opposition to setting up shop in New York City
Wal-Mart’s (NYSE: WMT) efforts to establish its first footprint in the vast New York City market promises to be long and bumpy ride, as forces opposed to the discount retailing giant’s presence gather their resolve. Meanwhile, the company seems equally determined to build a store in the city.
DC Universe Internet Game Hits Stores
Sony Online Entertainment announced the availability of online action game DC Universe Online that allows players to create their own superhero or villain while joining forces with their favorite DC Comics characters such as Superman, Batman and The Joker to aid in saving - or destroying - the planet.
Plight of SuperValu highlights struggles of grocery retailers
Shares of grocery retailer SuperValu (NYSE: SVU) have plunged almost 25 percent since mid-October amidst an increasingly difficult environment for food retailers.
Is Wal-Mart coming to New York City?
Retailing giant Wal-Mart Stores (NYSE: WMT) may be seeking to establish a foothold in New York City, according to a report on the NY1 news station.
Vizio's Android Smartphone To Trigger Low-Cost War
Vizio, the maker of low-cost LCD TVs, is reportedly planning to launch an inexpensive Android smartphone and tablet computer, challenging Apple and Research in Motion.
Amazon.com, Netflix Lead In Holiday Satisfaction
According to a recent survey from Foresee Results, Amazon.com and Netflix gave its consumers the highest satisfaction this holiday season.
Porter Stansberry: Bumpy Road Ahead; Go for Blue Chips and Gold
It's going to be tougher to make money 2011. I expect the government to strike back. I don't think they're going to let commodity prices continue to soar. I'm very concerned about the repercussions of that on investors.
Sears, Kmart To Launch Netflix Competitor
The new service will use the RoxioNow platform to provide a download option for movies, same day as DVD rentals.
US consumer confidence touches 6-month high in Dec.
Consumer confidence in the U.S. improved to its best level in six months during December but the state of consumers' finances still remains grim, the Thomson Reuters/University of Michigan Survey said on Thursday.
Best Buy Drops Restocking Fees
The company had previously put into place a 15 percent restocking fee on all returns.
Who wins if Yuan is significantly revalued?
China has stubbornly refused to cede to U.S demands to let the yuan rise against the dollar. The question is, among the US and China who will gain and who will lose if China ever agreed to appreciate its currency?
Consumers still cautious about holiday shopping in 2010: NPD
Despite having strong sales on Black Friday, most consumers are still being cautious about holiday spending, with the majority of them saying they plan to spend about the same as last year, according to a report by NPD Group.
Wal-Mart, Homeland Security's unusual ally in war against terror
The Department of Homeland Security (DHS) has enlisted retailing giant Wal-Mart to join the forces for the safety and security of the nation.
Apple profit view raised at ThinkEquity
ThinkEquity has increased its profit estimates and price target on Apple Inc., saying that the recent expansion of iPad distribution in the U.S. and iPad's launch in more international markets, easing of supply constraints this quarter are strong positives for the company.
A tale of two retail giants on Black Friday
As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
Retailers offer free shipping to lure holiday shoppers
The battle for the Christmas shopping pie has hardened between retail behemoths and online shopping firms, with most retailers coming up with shopper-friendly offers to lure holiday customers.