5 Stocks to Watch This Week by Rick Aristotle Munarriz Apr 22nd 2013 1:41PM With Apple, Ford, Nintendo, Zynga and Amazon getting ready to report, let's go over a few of the items that will help shape the week that lies ahead on Wall Street.
Internet Sales Tax One Step Closer to Reality by Matt Brownell Apr 22nd 2013 12:13PM Alamy A tax on online sales, long sought by bricks-and-mortar retailers, moved one step closer to reality Monday when the Senate voted 69-24 in favor of the Marketplace...
5 Surprising Companies Going Green by Alyce Lomax Apr 22nd 2013 6:00AM When one thinks of green businesses, names like Whole Foods and Patagonia spring to mind. But there are other big firms whose major environmental efforts may surprise you.
Can Returning CEO Mike Ullman Revive Penney's Fortunes? by The Associated Press Apr 20th 2013 8:00AM The return of the old guard at J.C. Penney have sent shares higher this week, even with major U.S. indexes suffering one of the worst downturns this year.
Out With the New, In With the Old at J.C. Penney by Matt Brownell Apr 18th 2013 2:30PM With the departure of J.C. Penney style guru Nick Wooster and the return of his predecessor, it's likely the old "basics" will also return to shelves.
Macy's Denied Restraining Order Against J.C. Penney by The Associated Press Apr 18th 2013 2:09PM A judge has rejected Macy's request to slap rival J.C. Penney with a temporary restraining order barring it from selling non-branded goods designed by Martha Stewart.
CEO Flameouts: The Bigger They Aimed, the Harder They Fell by The Associated Press Apr 18th 2013 5:00AM Ron Johnson's short tenure as J.C. Penney's CEO will go down as one of the biggest corporate flameouts ever. But he's hardly the first executive to aim high and fail hard.
Ebay Earnings Rise on Growth in PayPal Business by The Associated Press Apr 17th 2013 4:41PM EBay reports first-quarter revenue rose 14 percent as more consumers shopped on the company's online marketplace and used PayPal to pay for their purchases.
Tesco Prepares to Exit U.S. With Sale of Fresh & Easy by Reuters Apr 17th 2013 8:53AM Tesco announces plans to exit the United States, as the British retailer seeks to rebuild after a year in which profit fell for the first time in two decades.
4 Companies Going the Wrong Way This Earnings Season by Rick Aristotle Munarriz Apr 16th 2013 12:50PM The S&P 500 hit new highs in April, but earnings aren't always following suit. Consider these four surprising powerhouses expected to post lower earnings than last year.
5 Things to Watch on Wall Street This Week by Rick Aristotle Munarriz Apr 15th 2013 12:30PM From the latest program out of the leading video streaming service to an IPO that's more than a little wet, there will be plenty of news breaking in the coming days.
J.C. Penney Draws $850 Million from Revolving Credit Line by Reuters Apr 15th 2013 10:55AM J.C. Penney said on Monday that it had drawn $850 million out of a $1.85 billion revolving credit facility to help buy inventory as it plots its course after a failed...
Kmart's Hilarious New Ad Will Make You Ship Your Pants by Matt Brownell Apr 12th 2013 4:00PM Kmart's new commercial emphasizes the ease with which customers can order from Kmart.com. And it happens to be one of the funniest ads we've ever seen.
5 Winners and Losers of the Week in Business by Rick Aristotle Munarriz Apr 12th 2013 2:00PM From sluggish PC sales to Facebook regaining an important advertiser to a department store chain finally ousting its inept CEO, here are the wonders and blunders of the week.
Amazon CEO to Shareholders: No, We Are Not a Charity by Matt Brownell Apr 12th 2013 10:00AM Amazon's low prices and tiny profits have led some observers to accuse the company of being a "charitable organization." In a letter to shareholders, CEO Jeff Bezos hit back.
Drop in Retail Sales a Worrying Sign for the Economy by Reuters Apr 12th 2013 9:02AM U.S. retail sales contracted in March for the second time in three months, a sign the American economy may have stumbled at the end of the first quarter.
Retail Police Blotter: The Week in Retail Crime by Matt Brownell Apr 12th 2013 7:00AM This week in retail crime, a nacho cheese fight breaks out at Auntie Anne's and a guy on PCP steals a bunch of Easter baskets from Walmart.
Stocks Rise for Fourth Day in a Row, Led by Retail by The Associated Press Apr 11th 2013 5:30PM Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight.
Walmart Exec Who Called Sales a 'Total Disaster' is Out by Matt Brownell Apr 11th 2013 5:16PM The Walmart executive who called the retailer's sales figures a "total disaster" in a leaked email has left the company.
Lululemon, Take Heart: 3 Companies That Bounced Back by Rick Aristotle Munarriz Apr 11th 2013 2:00PM Lululemon took a hit after a fiasco with see-through yoga pants. But it's not the first company to make -- or bounce back from -- a potentially destructive mistake.
U.S. Retailers Report Modest Bump in March Sales by The Associated Press Apr 11th 2013 10:25AM Retailers report a key revenue figure rose slightly in March, as shoppers held back on spending because of the cold weather across the nation and economic worries.
America's 9 Most Damaged Brands by 24/7 Wall St. Apr 11th 2013 5:00AM Reputations are among the most prized assets major corporations have, and they can fall as fast and as hard as they have climbed. These are America's nine most damaged brands.
Family Dollar Reports Miserly Q1 Earnings by DailyFinance Staff Apr 10th 2013 12:30PM Family Dollar says quarterly earnings rose by less than three percent, falling shy of Wall Street expectations. And the discount store doesn't see things getting much better.
Family Dollar Says Earnings Hurt by Delay in Tax Refunds by Reuters Apr 10th 2013 8:16AM Family Dollar reports weaker-than-expected quarterly profits, saying a delay in tax refunds hurt sales at the end of January and early February.
Why We're Disappointed Ron Johnson Failed at J.C. Penney by Matt Brownell Apr 9th 2013 4:00PM There's no doubt that Ron Johnson failed to turn around J.C. Penney, but we're still disappointed to see him go. We may never see another CEO like him.
Why Well-Paid Employees Are Good for Business by Matt Brownell Apr 9th 2013 12:30PM Retailers like Costco and Trader Joe's are proving that you can pay employees a fair wage -- and still make big profits.
J.C. Penney Investors Worry Johnson's Exit Means New Makeover by DailyFinance Staff Apr 9th 2013 9:20AM J.C. Penney’s controversial CEO Ron Johnson has been ousted after less than two years on the job. The company’s revenue fell sharply last year as Johnson implemented his...
Macy's, J.C. Penney Resume Court Battle Over Martha Stewart by The Associated Press Apr 9th 2013 7:36AM Attorneys for J.C Penney and Macy's were back in court Monday to fight over the Martha Stewart brand after a monthlong mediation period went nowhere.
J.C. Penney Taps Former CEO Mike Ullman by The Associated Press Apr 9th 2013 6:21AM J.C. Penney pins its hopes on former CEO Mike Ullman to revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales declines.
JC Penney CEO Ron Johnson Out by Matt Brownell Apr 8th 2013 5:30PM Embattled JC Penney CEO Ron Johnson was fired today after sales continued to plummet on his watch.
5 Things to Watch on Wall Street This Week by Rick Aristotle Munarriz Apr 8th 2013 2:00PM From an established homebuilder going public to the leading used-car retailer slamming reporting quarterly results, there is plenty of news to come this week.
Is J.C. Penney CEO Ron Johnson Losing His Biggest Backer? by Matt Brownell Apr 5th 2013 2:41PM Bill Ackman, the hedge fund manager who hand-picked Ron Johnson to lead JC Penney, now says the turnaround has been "close to a disaster."
