In Merger Fiasco, Office Depot Share Plunge with OfficeMax Shares Flat

Andrew Klips | |

In a somewhat debacle of a merger announcement, Office Depot Inc. (ODP) and smaller rival Office Max Inc. (OMX) said Wednesday morning that the two companies will merge in an all-stock

Is Wall Street Expecting a Best Buy Turnaround?

Michael Teague | |

The electronics retailer Best Buy (BBY) made a strong showing on Tuesday, after two ratings agencies upgraded the company’s status.  Citing the company’s recent willingness to “make tough

Office Depot and Office Reportedly in Talks to Merge

Michael Teague | |

The Wall Street Journal reported Monday that the nation’s second and third largest office supply companies, Office Depot (ODP) and Office Max (OMX) respectively, are nearing the final

Wal-Mart Shares Stutter with Email Leak

Michael Teague | |

On Friday, Wal-Mart’s (WMT) shares dipped 2.15 percent to close the day at $69.30 after Bloomberg reported on email exchanges in which the company’s Vice President for Finance and Logistics

Retailers Post Strong Same-Store-Sales in January

Andrew Klips | |

After a tepid December, retailers saw a burst in sales during January, buoyed by the U.S. averting the fiscal cliff, more people having jobs that originally thought and a flurry of sales to make

Downgrades Hit Merck, Google, Chevron, Anheuser, Wal-Mart and More

Andrew Klips | |

Monday was rough on the markets in general with the Dow Jones Industrial Average and S&P 500 retreating from five-year highs as investors took the opportunity to dock profits from a multiple

Fourth Quarter Profits Surge for M&T Bank

Andrew Klips | |

As one of the few banks that came through the financial collapse without ever cutting its dividend, M&T Bank Corp. (MTB) continues to show strength in its earnings.  The Buffalo, New

How Walmart Plans to Get More Patriotic

Andrew Klips | |

Putting its best foot forward to stimulate the U.S. economy, Wal-Mart Stores Inc. (WMT) said on Tuesday that it will hire 100,000 new veterans in the next five years and buy an additional $50

Radio Shack Shares Rise from Technical Bottom on New Executive Hires

Andrew Klips | |

Shares of embattled electronics retail chain RadioShack Corp. (RSH) are on the climb again Wednesday following a pullback on Tuesday after six straight green closes.  This morning the Forth

Equities Sector Coverage: Stocks Close Lower to End Streak of Gains

Sector Recap | |

Retail Sales rose 0.3% in November, unchanged excluding autos and up 0.7% excluding autos and gasoline. Initial Jobless fell to 343,000 in the latest week, but is this a trend below the 350,000

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