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The battle over whether J.C. Penney Co. Inc. (NYSE: JCP) or Macy’s Inc. (NYSE: M) will win the right to market merchandise from Martha Steward Living Omnimedia (NYSE: MSO) is a sideshow. Martha...
U.S. equity markets opened higher this morning and wobbled around before heading upward for most of the day. Strong home prices and a surge in the consumer confidence index (more coverage here) gave...
ThinkstockMacy’s Inc. (NYSE: M) reported fourth-quarter and fiscal-year results before markets opened this morning. The department store giant posted quarterly adjusted diluted earnings per share...
U.S. equity markets opened higher this morning as they awaited results from the Italian elections. Early exit polls had the center-left party of Pier Luigi Bersani in the lead, but as returns came...
courtesy of Facebook Inc.A Chinese military operation may be the source of many of the major hacks on U.S. cyber interests. (Reuters) Burger King Worldwide Inc. (NYSE: BKW) takes its Twitter account...
courtesy J.C. Penney Co. Inc.A dispute between Martha Stewart Living Omnimedia Inc. (NYSE: MSO) and Macy’s Inc. (NYSE: M) over a licensing deal between Stewart and J.C. Penney Co. Inc. (NYSE: JCP)...
ThinkstockThe train wreck that is Martha Stewart Living Omnimedia Inc. (NYSE: MSO) continued as the firm probably will dump its new chief executive. The New York Post reports: Martha Stewart Living...
ThinkstockGerman Business Climate The business climate in Germany reversed a bit last month after several months of decline. The news comes as a surprise as the balance of the continent slips into...
Thinkstock The outcry about overpaid CEOs has gone on for years as the financial press combs SEC statements for outlandish pay packages that sometime run into the tens of millions of dollars. Often...
courtesy of YouTubeApple Inc. (NASDAQ: AAPL) releases its iPad mini in Asia, but demand appears soft. (Reuters) Microsoft Corp. (NASDAQ: MSFT) seeks developers for Windows 8. (Reuters) The FTC may...
ThinkstockMartha Stewart Living Omnimedia Inc. (NYSE: MSO) shuttered two of its small magazines ahead of earnings. It needed to close more, and probably included in that list is the firm’s...
With the shuttering of Newsweek’s print edition, the attention of the media world has turned to other magazines with such severe print problems that they also will have to move entirely online....
ThinkstockHurricane Sandy Hurricane Sandy continues to move toward the East Coast, where it may combine with a front from the west, and has generated all sort of hyperbole. Hopefully, most of it is...
Martha Stewart Living Omnimedia Inc. (NYSE: MSO) faces the same dilemma many multimedia firms do: it has a print division. Print is no longer a viable medium for these firms in many cases. Though a...
Samsung beats Apple Inc. (NASDAQ: AAPL) in an intellectual property case in Japan. (Reuters) The CEOs of Apple and Google Inc. (NASDAQ: GOOG) meet to discuss patent issues. (Reuters) J.P. Morgan...