WAL-MART

S.Africa commission recommends Wal-Mart deal approval

A shopper leaves a branch of Game supermarket chain in South Africa
South Africa's Competition Commission has recommended that retail group Wal-Mart's proposed acquisition of 51 percent of equity in Massmart be approved without conditions, the two companies said in a statement on Saturday.

Inflation - Retail Friend or Foe?

Retail Stocks
Robert W. Baird forecasts inflation to upswing during the course of 2011, while inflation overall is expected to remain rather benign by historical standards. The brokerage said food and gasoline are among the items poised to see upward price pressure this year.
DLA Piper

DLA Piper to become Wal-Mart of law firms

DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.
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Walmart

Wal-Mart faces stiff opposition to setting up shop in New York City

Wal-Mart’s (NYSE: WMT) efforts to establish its first footprint in the vast New York City market promises to be long and bumpy ride, as forces opposed to the discount retailing giant’s presence gather their resolve. Meanwhile, the company seems equally determined to build a store in the city.

DC Universe Internet Game Hits Stores

Sony Online Entertainment announced the availability of online action game DC Universe Online that allows players to create their own superhero or villain while joining forces with their favorite DC Comics characters such as Superman, Batman and The Joker to aid in saving - or destroying - the planet.
International Business Times Logo

Is Wal-Mart coming to New York City?

Retailing giant Wal-Mart Stores (NYSE: WMT) may be seeking to establish a foothold in New York City, according to a report on the NY1 news station.
According to IMS Research, over 15 suppliers will be selling Android-based tablets by mid 2011

Vizio's Android Smartphone To Trigger Low-Cost War

Vizio, the maker of low-cost LCD TVs, is reportedly planning to launch an inexpensive Android smartphone and tablet computer, challenging Apple and Research in Motion.
International Business Times Logo

Porter Stansberry: Bumpy Road Ahead; Go for Blue Chips and Gold

It's going to be tougher to make money 2011. I expect the government to strike back. I don't think they're going to let commodity prices continue to soar. I'm very concerned about the repercussions of that on investors.
International Business Times Logo

US consumer confidence touches 6-month high in Dec.

Consumer confidence in the U.S. improved to its best level in six months during December but the state of consumers' finances still remains grim, the Thomson Reuters/University of Michigan Survey said on Thursday.
Analysis: China to world: yuan is for trade, not investment

Who wins if Yuan is significantly revalued?

China has stubbornly refused to cede to U.S demands to let the yuan rise against the dollar. The question is, among the US and China who will gain and who will lose if China ever agreed to appreciate its currency?
Microsoft released the Kinect to the public in a special event in New York City in Times Square.

Consumers still cautious about holiday shopping in 2010: NPD

Despite having strong sales on Black Friday, most consumers are still being cautious about holiday spending, with the majority of them saying they plan to spend about the same as last year, according to a report by NPD Group.
Apple profit view raised at ThinkEquity

Apple profit view raised at ThinkEquity

ThinkEquity has increased its profit estimates and price target on Apple Inc., saying that the recent expansion of iPad distribution in the U.S. and iPad's launch in more international markets, easing of supply constraints this quarter are strong positives for the company.
Target

A tale of two retail giants on Black Friday

As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
Walmart

Retailers offer free shipping to lure holiday shoppers

The battle for the Christmas shopping pie has hardened between retail behemoths and online shopping firms, with most retailers coming up with shopper-friendly offers to lure holiday customers.
Walmart

Walmart to give away $18 million in charity ahead of Christmas

Walmart will host first nationwide food drive at all its stores, seek the help of facebook fans in selecting communities to receive $1.5 million in grants, donate 65 refrigerator food trucks to Feeding America network of food banks and help the Salvation Army to provide meals with a $1 million donation.
Traders

Key Pre-Market Earnings Nov. 16 (HD, WMT, TJX, ANF, SKS)

The following is a compilation of major earnings results released before the market opened on November 16. The retailers took the center stage, with Home Depot and Wal-Mart reporting higher quarterly profits.

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