With just a quick glance at last quarter’s earnings, it might look like Procter & Gamble (NYSE: PG) is doing well enough to leave alone… why fix what isn’t broken? The consumer staples icon earned $0.82 per share versus consensus expectations of $0.77.
If you take a closer look the picture starts to look a little less encouraging. While the company topped estimates, it only matched the more »
For fans and investors of Amazon.com, Inc. (NASDAQ: AMZN), the last couple of quarters have been tough. The organization was spending a lot of money to develop and launch the surprisingly successful Kindle Fire, and is still in the midst of what's becoming an overhaul of its entire shipping and storage process. Rather than a few, centralized distribution sites, Amazon is building out several smaller ones, with the more »
Considering they collectively manage billions of dollars' worth of OPM (other people's money), you'd think hedge fund managers - even the top performing ones - would at the very least learn from one another's mistakes. It doesn't look like it's happening though, which could be a little troubling for folks with money being run by Pershing Square Management LP.
It's not a bad group of funds more »
Thursday was a busy one for a handful of retailers, as three of the biggest names in the industry posted last quarter's results. Anything to glean from the aggregate numbers and accompanying comments? Sure, but first things first.