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NCR Corporation (NYSE: NCR) is Cashing in on Transactions
Friday, January 28, 2011 - 11:38am | 1105It's not easy for large institutions to reinvent themselves. Look at Blockbuster (BLOAQ.PK) - the video rental outlet was asleep at the wheel while Netflix (Nasdaq: NFLX) and Coinstar (Nasdaq: CSTR) zipped right past it to grab market share. Blockbuster soon crumbled...
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Walmart U.S. Appoints Duncan Mac Naughton as Chief Merchandising Officer
Friday, January 28, 2011 - 10:15am | 58Walmart (NYSE: WMT) U.S. today appointed Duncan Mac Naughton to chief merchandising officer for U.S. stores, effective immediately. Mac Naughton will oversee all merchandise categories across more than 3,700 stores in the U.S. business. He will continue to report to Bill Simon, Walmart U.S....
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Mad Money Lightning Round OT: Cramer Sees Costco (COST) At $80 (JWN, ASYS, COST)
Thursday, January 27, 2011 - 7:37pm | 207On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he doesn't like the retail sector at this point. He believes that this sector is going to get stuck, because people are worried about commodity prices. Cramer also said that Nordstrom, Inc. (NYSE: JWN) should not be bought at these levels...
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Initial Jobless Claims Jump - Analyst Blog
Thursday, January 27, 2011 - 11:01am | 2350Initial Claims for Unemployment Insurance rose by 51,000 last week to 454,000 (last week was revised down by 1,000, so one could see it as a 50,000 increase). This was much worse than the expected level of 410,000. This is an unwelcome turnaround, and more than negates last week's big drop. This is...
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Initial Jobless Claims Jump - Analyst Blog
Thursday, January 27, 2011 - 10:50am | 2350Initial Claims for Unemployment Insurance rose by 51,000 last week to 454,000 (last week was revised down by 1,000, so one could see it as a 50,000 increase). This was much worse than the expected level of 410,000. This is an unwelcome turnaround, and more than negates last week's big drop. This is...
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Eli Lilly Tops Ests; Guides In Line - Analyst Blog
Thursday, January 27, 2011 - 10:31am | 813Eli Lilly (LLY) reported fourth quarter earnings per share of $1.11, a penny above the Zacks Consensus Estimate and 22% above the year-ago earnings of 91 cents. Fourth quarter results were driven by higher revenues and a lower tax rate. Fourth quarter revenues increased 4% to $6.2 billion,...
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Eli Lilly Tops Ests; Guides In Line - Analyst Blog
Thursday, January 27, 2011 - 9:45am | 813Eli Lilly (LLY) reported fourth quarter earnings per share of $1.11, a penny above the Zacks Consensus Estimate and 22% above the year-ago earnings of 91 cents. Fourth quarter results were driven by higher revenues and a lower tax rate. Fourth quarter revenues increased 4% to $6.2 billion,...
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Costco Balances Risk-Reward - Analyst Blog
Wednesday, January 26, 2011 - 5:01pm | 491Costco Wholesale Corporation (COST) continues to be a dominant retail wholesaler based on its breadth and quality of merchandise offered. The company's strategy to sell products at heavily discounted prices has helped it to remain on a positive growth track despite recent economic downturn as...
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Costco Balances Risk-Reward - Analyst Blog
Wednesday, January 26, 2011 - 4:38pm | 491Costco Wholesale Corporation (COST) continues to be a dominant retail wholesaler based on its breadth and quality of merchandise offered. The company's strategy to sell products at heavily discounted prices has helped it to remain on a positive growth track despite recent economic downturn as...
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Yahoo Revenue Hurting Prices - Analyst Blog
Wednesday, January 26, 2011 - 10:01am | 1144Yahoo! Inc. (YHOO) reported fourth quarter earnings that beat the Zacks Consensus estimate by 6 cents. This represented a 72.8% sequential and 179.2% year-over-year increase in earnings. Yahoo's revenue presentation is nothing short of confusing, making comparisons with prior periods extremely...
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Yahoo Revenue Hurting Prices - Analyst Blog
Wednesday, January 26, 2011 - 9:13am | 1144Yahoo! Inc. (YHOO) reported fourth quarter earnings that beat the Zacks Consensus estimate by 6 cents. This represented a 72.8% sequential and 179.2% year-over-year increase in earnings. Yahoo's revenue presentation is nothing short of confusing, making comparisons with prior periods extremely...
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Meredith Outpaces Estimates - Analyst Blog
Tuesday, January 25, 2011 - 2:01pm | 710Meredith Corporation (MDP), a leading media and marketing company, recently posted second-quarter 2011 results that exceeded the Zacks Consensus Estimate on the heels of healthy demand for political and non-political advertising at its National and Local Media groups, increased readership and...
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Jackson Hewitt Soaring On Wal-Mart News (JTX, WMT)
Tuesday, January 25, 2011 - 1:48pm | 75It appears as if Jackson Hewitt (NYSE: JTX) has cut a deal with Wal-Mart (NYSE: WMT) to provide in-store tax preparation services for as little as $38. JTX shares are soaring on the news, and are currently up 11.69% to $1.70. Click here for the link that details the new Jackson Hewitt services at...
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Meredith Outpaces Estimates - Analyst Blog
Tuesday, January 25, 2011 - 1:44pm | 710Meredith Corporation (MDP), a leading media and marketing company, recently posted second-quarter 2011 results that exceeded the Zacks Consensus Estimate on the heels of healthy demand for political and non-political advertising at its National and Local Media groups, increased readership and...
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How Would You Like To Never Go To The Supermarket Again?
Tuesday, January 25, 2011 - 11:44am | 259If Amazon's (NASDAQ: AMZN) "AmazonTote" proves worthwhile to customers already using it in Seattle, you may never have to go to the grocer's again. The company is doing internal testing of a free grocery delivery service for its employees in Seattle for the past half year and results are fairly...