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Temp Workers Fast Becoming a Corporate Trend
Monday, July 8, 2013 - 2:18pm | 687Read More...From small companies to large corporations, hiring of temporary workers is up. Newsday reported that, in addition to many small businesses, companies like Wal-Mart (NYSE: WMT), General Motors (NYSE: GM), and PepsiCo (NYSE: PEP) are increasingly using part time help, or as Susan Houseman, an...
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These 11 Companies Are Paying Less and Keeping Americans Poor
Saturday, May 11, 2013 - 11:11am | 295Read More...The National Employment Law Office has uncovered a disturbing statistic. Since the job market hit a bottom in February 2010, lower-wage jobs have grown nearly three times faster than jobs that pay more. While the recession has seen companies like McDonald's (NYSE: MCD) thrive -- a 130 percent...
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The Top 10 Fortune 500 Companies for 2013
Friday, May 10, 2013 - 2:21pm | 73Read More...This year's list of Fortune 500 companies was released yesterday to much fanfare. Among the highlights was Wal-Mart (NYSE: WMT) regaining the top spot and Apple (NASDAQ: AAPL) making the top ten for the first time. Benzinga has you covered with a list of the top ten, including each company's 2012...
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Will the Amazon-Backed Online Sales Tax Sway the House?
Monday, April 29, 2013 - 10:51am | 761Read More...The Marketplace Fairness Act, AKA the new legislation that will require states to collect sales tax from items purchased online, is likely to clear the Senate when the final vote is conducted next month. It is not yet clear if it will do the same in the House, however, where many conservative...
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Five Nightmares of Crowdsourced Package Delivery
Saturday, March 30, 2013 - 11:29am | 788Read More...Wal-Mart (NYSE: WMT) surprised the world when it revealed that it may crowdsource the delivery of items purchased online. This unusual announcement has sparked a small controversy about the legal boundaries and nearly-impossible hurdles that Wal-Mart would have to overcome in order to implement...
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Wal-Mart 'Goes to the Mattresses' Against Amazon
Thursday, March 28, 2013 - 8:41am | 656Read More...In the movie The Godfather, at one point Clemenza says, “That Sonny's runnin' wild. He's thinking of going to the mattresses already.” Going to the mattresses, of course, means, “going to war.” For all intents and purposes, Wal-Mart (NYSE: WMT) is going to war with Amazon (NASDAQ: AMZN). With...
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What? Amazon Favors an Internet Sales Tax?
Monday, March 25, 2013 - 8:24am | 580Read More...The (largely ceremonial) budget passed by the U.S. Senate Saturday included an amendment giving states more authority to collect sales taxes on Internet purchases. The sales tax amendment, according to Hispanic Business, was really designed to test support for the "Marketplace Fairness Act," a...
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Stores Can Now Charge Extra If You Use Your Credit Card, But Will They?
Thursday, January 31, 2013 - 4:16pm | 637Read More...The headlines sound like ads from the latest Wes Craven horror flick. Watch out for the 'checkout fee'! screams CNN. Credit Card Users Brace for Possible ‘Checkout Fee’! cries Fox. Beware the credit card trap! hisses Inforum. As reported by most news outlets, including Fox News, the story...
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GameStop Denies Rumor It Will End Midnight Launches
Monday, November 19, 2012 - 3:20pm | 771Read More...Midnight launches might be a thing of the past for GameStop (NYSE: GME). A person familiar with the video game retailer told Benzinga that it might cut back or end its midnight game and console launches in 2013. A company spokesperson adamantly denied the claim. GameStop recently promoted the...
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More than 40% of Consumers Have "No Need" for Best Buy
Tuesday, November 13, 2012 - 3:18pm | 418Read More...Yahoo Finance (NASDAQ: YHOO) recently asked its readers about their thoughts on big box retailers, particularly Best Buy (NYSE: BBY). "Best Buy holds its investor meeting today. The stock is down 40% in a year. Will you visit a big box store this holiday season?" The results are quite devastating...
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Costco Wholesale Earnings Preview: Strong EPS, Sales Growth Expected
Tuesday, October 9, 2012 - 10:44am | 532Read More...Costco (NYSE: COST), which Barron's picked this week as a defensive play in a period of overestimated corporate earnings, is scheduled to report its fourth-quarter and full-year fiscal 2012 results Wednesday, October 10 before the market open. Investors will be looking to see whether the retailer...
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Three Alternatives to Sears (AKAM, FISV, KLAC)
Thursday, August 30, 2012 - 5:24pm | 763Read More...Sears Holding (NASDAQ: SHLD) is to be booted from the S&P 500 because it no longer considered representative of the index, according to Standard & Poor's. That is, Sears has too few shares available for trading to be representative of one of the world's top 500 companies. For investors who...
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Short Sellers Shying Away from Walmart, Gap, Other Retailers
Tuesday, August 28, 2012 - 3:23pm | 634Read More...Short sellers generally have found less to like in the retail sector, judging by changes in the short interest of some of the nation's biggest retailers between the July 31 and August 15 settlement dates. Notable exceptions include Amazon.com (NASDAQ: AMZN), Target (NYSE: TGT), Walgreen (NYSE: WAG...
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Earnings Expectations for the Week of August 20
Monday, August 20, 2012 - 12:33pm | 943Read More...Last week, big-box retailers Walmart (NYSE: WMT) and Home Depot (NYSE: HD) said their earnings and sales rose in the most recent quarter, and they both boosted their full-year earnings per share (EPS) guidance. More earnings reports are due from retailers this week, highlighted by second-quarter...
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Earnings Expectations for the Week of August 6
Monday, August 6, 2012 - 6:29am | 905Read More...Analysts on average expect to see per-share earnings that are less than a year ago when Dish Network (NASDAQ: DISH), MGM Resorts (NYSE: MGM), Molson Coors (NYSE: TAP), News Corp. (NASDAQ: NWSA), Sotheby's (NYSE: BID) and Sirius XM Radio (NASDAQ: SIRI) share their quarterly results this week. Retail...
















