Trey Thoelcke - Editor for 24/7 Wall St.
Lastest Stories by Trey Thoelcke
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to...
Published:
TJX Companies (NYSE: TJX) reported earlier this morning that its second-quarter profit came to $421 million, or $0.56 per share, and revenue totaled $6 billion. The results were up from $348.3...
Published:
Last Updated:
Gartner, an information technology research and advisory company, announced today that worldwide sales of mobile phones declined 2.3% in second quarter to 419 million units, compared to the year-ago...
Published:
Michael Kors Holdings Ltd. (NYSE: KORS) has surged in premarket trading following this morning’s fiscal first quarter report. Michael Kors said earnings more than doubled from a year ago to $68.6...
Published:
Peter Sands, CEO of Standard Chartered, has flown to New York to personally take charge of the bank’s attempts to reach a settlement with U.S. regulators over allegations it hid transactions...
Published:
nationsonline.orgFlash estimates published by Eurostat, the statistical office of the European Union, showed that gross domestic product in the eurozone fell by 0.2% during the second quarter of...
Published:
The Centre for European Economic Research (ZEW) Indicator of Economic Sentiment for Germany slipped 5.9 points in August 2012 to a level of -25.5 points. While this is the lowest value of the...
Published:
The Julius Baer Group has announced that Bank of America (NYSE: BAC) is selling Merrill Lynch’s international wealth management business to the Swiss private banking firm for approximately 860...
Published:
In order to avoid a proxy fight, Ingersoll-Rand PLC (NYSE: IR) has named activist investor Nelson Peltz to its board of directors. Eleven of those board members, including Peltz, are independent...
Published:
Tesoro Corp. (NYSE: TSO) announced that it that is has agreed to purchase BP PLC’s (NYSE: BP) integrated Southern California refining and marketing business for $1.18 billion, plus the value of...
Published:
U.S. stock futures are marginally lower this morning, suggesting the S&P 500 Index could halt its longest advance in 20 months. Reports of slowing growth in Japan fueled concern that the global...
Published:
The short interest data is out from the July 31 settlement date and, with a couple of notable exceptions, short sellers generally have retreated from their gambles on biotech firms. For the period...
Published:
U.S. stock index futures are headed for a weaker open this morning, with futures for the Standard & Poor’s 500, the Dow Jones and the Nasdaq 100 down 0.3% to 0.5%. The S&P 500 index may...
Published:
Kohl’s Corp. (NYSE: KSS) opened higher this morning after the company posted a better-than-expected second-quarter profit as cost cutting offset weak sales. The retailer said its quarterly profit...
Published:
In its August report on the global oil market, OPEC forecasts that demand growth for crude will grow by 900,000 barrels a day in 2012, unchanged from July’s report. The cartel is less certain about...
Published: