Black Friday kicked off the holiday spending season with a bang. Sales increased by 20.7% year-over-year, according to IBM analytics. The National Retail Federation Department reported that Black Friday sales grew by 16.8% year over year, while Home goods were up +28.2%, and Apparel sales were up +17.5%.
If Grey Thursday and Cyber Monday are eating away at Black Friday like worms through a rotten apple more »
Have you ever wondered why tigers have stripes? Tigers have stripes because many of the animals that tigers eat – deer, moose, water buffalo, antelope – are either completely color blind or can only see certain colors. An antelope, for example, might catch the scent of a carnivore in the air, but it won't be able to see it until it moves: a tiger's vertical stripes look like ordinary bands more »
Goodbye, Wonder Bread®. Goodbye, Twinkies®, Ding Dongs®, Ho Hos®, Suzy Q's®, CupCakes, Sno Balls ® and Mini Muffins®.
Mighty Hostess has finally closed its doors.
If there was ever proof that grand multinational Illuminati cabals do not exist – that no one is secretly running the world behind the facade of democratically elected governments – it would be the sudden implosion of Hostess Brands.
Poor Twinkies®. The creme-filled more »
"The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table." - Warren Buffett.
Is Apple (NASDAQ: AAPL) on the operating table? Good question. Anyone who's read Michael Woolf's recent piece in USA Today entitled "The Age of Apple May Be Over" could be easily forgiven for thinking that the Cupertino juggernaut more »
Wall St. Crash, Take 17.
Only months had passed since the collapse of Lehman Brothers before another bogeyman raised its head: Peak Oil. The world was running out of oil, and fast. Any day now we would be thrust into an apocalyptic Mad Max Beyond Thunderdome future where only bullets and beans would be truly reliable investments.
This made-for-Hollywood conclusion was self-evident: There's only so much more »
The most difficult task that any investor faces is leaving emotion at the door. There's always the temptation to chase the herd, especially when it's stampeding for the exit signs in fear of the unknown.
In retrospect, it should be obvious to every broker on Wall St. that fear invariably seeks a maximum level (“peak fear”) and that the optimum time to buy is when there are too more »
While sales of new automobiles were plummeting during the Great Recession, AutoZone's (NYSE: AZO) stock was soaring through the roof. Today, we'll take a closer look at AutoZone and gauge the strengths, weaknesses, opportunities, and threats confronting the company going forward.
Detroit's near-death experience was the best thing that ever happened to AutoZone. In periods of rapidly declining economic conditions, both retail and commercial customers may defer more »
For the Classical Greeks, glimpsing the future was the prerogative of the gods. To the degree that humans could imitate (but never match) this feat, they were considered “godlike.” For the Trojan princess Cassandra – who spurned the the god Apollo's affections – seeing the future was a deadly curse, but only because no one believed her. The sea god, Poseidon “remained relentlessly angry with godlike Odysseus.” In fact, “godlike” is more »