NEW YORK - Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger. A year into the recession, solid retailers have their pick of mall space. Respected banks are getting an influx of deposits. Tech companies with money to spend are having an easier time hiring.
It has been ...
If it’s good enough for Wal-Mart…
Looks like the discounting model pioneered by Wal-Mart Stores Inc. (WMT), the Bentonville, Ark.-based retailing giant, will make its way to some rather unlikely high-end retailers: Barney’s New York Inc. and Neiman Marcus Inc. have announced significant price reductions (up to 75%) over the next few ...
Looks like the discounting model pioneered by Wal-Mart Stores Inc. (WMT), the Bentonville, Ark.-based retailing giant, will make its way to some rather unlikely high-end retailers: Barney’s New York Inc. and Neiman Marcus Inc. have…
By William Patalon III Executive Editor Money Morning/The Money Map Report If it’s good enough for Wal-Mart… Looks like the discounting model pioneered by Wal-Mart Stores Inc.... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first. <img src="http://feeds.feedburner.com/~f/USMoneyMorning?i=97jIO"[More...]
Companies featured in this segment: Dana Holding Corporation (NYSE:DAN), FedEx Corporation (NYSE:FDX), UPS Incorporated (NYSE:UPS), CMS Energy Corporation (NYSE:CMS), DTE Energy (NYSE:DTE), BP PLC (NYSE:BP), KBR Incorporated (NYSE:KBR), Canadian Natural Resources Limited (NYSE:CNQ), Green Plains Renewable Energy Incorporated (NASDAQ:GPRE), Aventine Renewable Energy (NYSE:AVR), Reliance Industries Limited (BSE:500325), Unifi Incorporated (NYSE:UFI), Nova Chemicals Corporation (NYSE:NCX)
Companies featured in this segment: Dana Holding Corporation (NYSE:DAN), FedEx Corporation (NYSE:FDX), UPS Incorporated (NYSE:UPS), CMS Energy Corporation (NYSE:CMS), DTE Energy (NYSE:DTE), BP PLC (NYSE:BP), KBR Incorporated (NYSE:KBR), Canadian Natural Resources Limited (NYSE:CNQ), Green Plains Renewable Energy Incorporated (NASDAQ:GPRE), Aventine Renewable Energy (NYSE:AVR), Reliance Industries Limited (BSE:500325), Unifi Incorporated (NYSE:UFI), Nova Chemicals Corporation (NYSE:NCX)