"It does get frustrating when they continue to spend quarter after quarter and they don't let the revenue flow through," said Michael Scanlon, who manages USD 3.5 billion at Manulife Asset Management and holds shares of Amazon.
It is about time. Poor domestic results demand a change of management at Walmart. I anticipate another disappointing quarter and I believe the responsible party is at the top.
(The third paragraph quote in this July 25 story has been corrected to make timeline clear). (Reuters) - Tyson Foods Inc (TSN.N) said it will discontinue operations at three of its factories which make processed meat products such as sausages and hot dogs, ...
The week for stocks looked so promising through Thursday, but Friday brought about a sour note leaving stocks lower for the Dow than where it began for the week, and erasing record highs the S&P 500 had been achieving during the week.
Alan �Ace� Greenberg, the executive who helped turn Bear Stearns Cos. into one of the world's biggest and most daring investment banks, died in New York on Friday at the age of 86 of complications from cancer.