Retail Sales

Procter & Gamble Co.(NYSE: PG) CEO, Bob McDonald is out. His predecessor, A.G. Lafley, is back, according to Bloomberg. And, over at J.C. Penney (NYSE: JCP), heads are nodding to the beat of a familiar tune. Except, not exactly. According to The Wall Street Journal, while the practice of...

First, Consumer Reports gives Tesla (NASDAQ: TSLA) its highest ranking ever and now it is placing a new name at the top of its best airlines list. Is Consumer Reports getting soft in its older age? Here’s what it said: “If you’re tired of airline flights that leave you too frazzled to enjoy...

The buy on the dip mentality seems to be alive and well in this market as the Dow erased a loss of more than 120 points to end close to flat on the day. Let’s not forget that this is a market that found a way to attract buyers on a day when the Nikkei was down more than 7 percent and took most of...

If you happen to be at a party with Elon Musk, first, congratulations on whatever made you your first couple of million, and second, you might want to steer clear because these days, the guy has to have an ego that would fill the room. And let’s be honest. If any of us had a year like he has,...

Demand for cars and trucks is up. U.S. automakers have noticed and are responding. Bloomberg noted Wednesday that number two U.S. automaker, Ford Motor Co. (NYSE: F), will add the capacity to build 200,000 more vehicles a year in North America. All this based on increased demand for Ford’s F-...

DigiTimes Research said Wednesday that LED tube lighting shipments in 2013 would account for 5.5 percent of the entire lighting market globally. With efficiency reaching 110lm/W, comparable to that of fluorescent bulbs – and with prices coming down – these ultra high efficiency replacements for...

The markets reached another record high Tuesday as the Dow added 50 points and the S&P, nearly three points. All eyes will be on Fed Chairman Ben Bernanke’s testimony at 10:00 am EST Wednesday. Morning News S&P 500 futures are up 1.75 points to 1667.25. The EUR/USD was up at 0.19...

Reporting Q1 earnings of 48 cents a share, up seven percent from last year and in line with analysts’ estimates has, so far, helped Dick’s Sporting Goods Inc. (NYSE: DKS) overcome the 4 percent, $1.3 billion gain in revenue that fell slightly below Wall Street expectations. The seven percent...

On Tuesday, Apple (NASDAQ: AAPL) CEO Tim Cook will testify before a Senate subcommittee. According to Reuters, on Monday, the subcommittee released a 40 page memorandum that claims to have identified three Irish subsidiaries that have no tax residency in Ireland and have paid no corporate...

Miller Tabak's Stephen Anderson increased his price target on Darden Restaurants, Inc. (NYSE: DRI) from $54 to $59 Monday. The analyst believes the company's sales will exceed those of its competitors. Anderson said, "As we expect DRI to continue its value focus, we anticipate above-peer traffic...