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Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?luxury items posts
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To be sure, it was not a week for the bulls. Data for job creation, jobless claims, and manufacturing are signaling an economic slowdown.Continue reading Greenspan Says Recovery Is Pausing, Sees Wealth Effect as Pivotal Growth Engine
May marked the third-straight month that video game software sales dropped, a sign that the economic downturn continues to weigh on the gaming sector. NPD Group released its video game sales data yesterday afternoon, reflecting sales that fell to $448.9 million during May. These monthly results are 17% lower than the same period last year. The drop in software sales was somewhat expected, as the Street called for a drop between 15% and 20%. Hardware sales dropped 30% during May, totaling $302.5 million. Continue reading Video game sales drop again; recovery still far away
Tiffany & Co. (NYSE: TIF) reported its first quarter results this morning, matching analyst estimates with 20 cents per share on lower sales. This marks a 60% drop year over year compared with the 50 cents per share that it earned during its first quarter of 2008.
As I noted in our earnings preview yesterday, the luxury jewelry retailer is facing some tough times. Consumers have been cutting back on spending, and this is being felt by all retailers. Tiffany has been no exception.
Continue reading Tiffany & Co. (TIF) matches analyst estimates for Q1
Earnings season continues to move right along, and Wednesday following the market close coffee giant Starbucks Corporation (NASDAQ: SBUX) will get its chance to impress Wall Street.
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Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update