Wal-Mart's big box retailing strategy has peaked as consumer shopping habits are changing.
The top after-market NASDAQ Stock Market gainers are: Swisher Hygiene, hiSoft Technology International, Exceed Company, Pharmaceutical Product Development, and Verisk Analytics. The top after-market NASDAQ Stock Market losers are: FormFactor, Fred's, Urban Outfitters, Avis Budget Group, and SodaStream International.
Despite some exterior changes, reported photos hint that the inside of at least one out of 22 imposter Apple stores with familiar wooden tables and Apple-like signage, remain unchanged. A blog that gained international attention for calling out the bogus stores led to the closure of two fake Apple stores by Chinese officials in July.
One analyst says Amazon would do well by offering a low price tablet competitor to the iPad.
Poland became the third most active retail investment market in Europe in the first half of 2011, with $1.73 billion transacted.
The discovery of over a dozen fake Apple stores in a single city of China may suggest the total volume of unauthorized stores across the country most notorious for counterfeited products.
Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
Lowe's Cos Inc (LOW.N) reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.
Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
With recession fears weighing on equity markets, resource investors would do well to steer clear of speculative Canadian mining plays and put their cash into producing miners with strong balance sheets.
Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
As a U.S. economic rebound stalls and threatens to spiral into a new recession, oil demand in the world's top consumer may be slipping into an irreversible decline.
Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
The city of Cupertino has released more details about the new Apple Campus, revealed back in June. Let's look inside ...
The city of Cupertino has revealed the details and plans of Apple?s new spaceship shaped office building in the city.
The city of Cupertino rolled-out more details about the new Apple Campus, first revealed back in June.
Gold dropped 1.5 percent on Friday, falling further from the previous session's record highs, as a rise in appetite for riskier assets prompted profit-taking from bullion's sharp safe-haven rally this week.
Gold and silver prices retreated Friday as investors shrugged off weak consumer sentiment data to step back into stocks and give the S&P 500 a two-day winning streak for the first time since mid-July.
South Africa's rand steadied against the dollar on Friday but faced further losses after a turbulent week in which it hit its weakest levels in more than a year as investors spooked by debt woes in the U.S. and Europe fled to safer havens like the yen.
The U.S. Postal Service wants to cut 220,000 jobs. The agency will seek approval from Congress. The postal service has said it will default in late September if it does not get help from Congress.
U.S. consumer confidence plunged in August, according to the latest reading. The level is the lowest since 1980.
The U.S. Postal Service is considering a plan to cut 120,000 jobs. But Congress would have to approve the move, and postal worker unions will strongly oppose the plan. The USPS is bleeding money, and nearing default.
