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  • Wall Street Breakfast: Must-Know News  [View article]
    A bit too late for Cyprus (and the EU) to prevent bank runs. Meanwhile Citibank is cutting cash; that will work out just great.

    Watch the trial in Stockton, big ramifications on the decision.
    Mar 27, 2013. 07:35 AM | 4 Likes Like |Link to Comment
  • Wal-Mart (WMT -0.3%) may be losing sales due to a thin workforce unable to keep store shelves stocked, according to a growing number of anecdotal reports from unhappy shoppers. While the company increased its store count 13% over the last five years, the number of employees fell 1.4% - leading to less customer service and some stores tipping toward the disorganized side. It's a trend that may be working in the favor of Costco (COST +0.2%) and Target (TGT -0.3%).  [View news story]
    jack45
    Just wondering, do you ask the workers at every store, restaurant, doctor, etc, their wages before you shop there or do get your wife to do it for you?
    Do you actually know the wages and benefits of all the costco employees?
    Time to man up.
    Mar 26, 2013. 11:18 PM | Likes Like |Link to Comment
  • The EU has an ambitious broadband agenda: It wants 50% of regional households to have 100Mbps+ connections by 2020, and all households to have 30Mbps+ connections. To deliver on these goals, the EC is now proposing every new home support high-speed broadband, and (estimating up to €60B in savings) is looking to cut permit wait times for broadband and 4G tower building permits. However, the proposals come as legislators, citing the continent's economic woes, consider slashing €50B-€70B from the digital part of the Connecting Europe Facility[View news story]
    Typical that the bureaucrats push on with the agenda without a clue or care where the money will come from to pay for it. Not any different in the good old USA. I guess broadband must be a "human right".
    Mar 26, 2013. 02:03 PM | 1 Like Like |Link to Comment
  • Wal-Mart (WMT -0.3%) may be losing sales due to a thin workforce unable to keep store shelves stocked, according to a growing number of anecdotal reports from unhappy shoppers. While the company increased its store count 13% over the last five years, the number of employees fell 1.4% - leading to less customer service and some stores tipping toward the disorganized side. It's a trend that may be working in the favor of Costco (COST +0.2%) and Target (TGT -0.3%).  [View news story]
    And that bit of wisdom adds what to the thread?
    Lay off the Kool Aid terry.
    Mar 26, 2013. 01:43 PM | 2 Likes Like |Link to Comment
  • Wal-Mart (WMT -0.3%) may be losing sales due to a thin workforce unable to keep store shelves stocked, according to a growing number of anecdotal reports from unhappy shoppers. While the company increased its store count 13% over the last five years, the number of employees fell 1.4% - leading to less customer service and some stores tipping toward the disorganized side. It's a trend that may be working in the favor of Costco (COST +0.2%) and Target (TGT -0.3%).  [View news story]
    The three stores that I have been in lately are all dingy, understocked and understaffed. Additionally, they have shoved so many displays in the aisles that it is next to impossible to maneuver a shopping cart through them.

    Much nicer experience to shop at Target.
    Mar 26, 2013. 12:20 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News  [View article]
    axel
    Well said. At one time I had some WIN, FTR and CTL for the reasons you stated. Sold all a while back.
    I guess you are a buyer today as WIN is down about 30 cents. Good luck with it. If it drops further I may be tempted to get back in for a few shares. It is an ugly chart though.
    Mar 26, 2013. 11:33 AM | Likes Like |Link to Comment
  • More on Consumer Confidence: March's sharp fall puts back in place the downtrend in expectations temporarily halted by February's bounce. The retreat was led by a big decline in expectations, says The Conference Board's Lynn Franco, placing the blame on budget talks in D.C (full report). Stocks are at session highs following the trio of weakish 10 AM prints. SPY +0.5%, QQQ +0.4%.  [View news story]
    This should be good for at least plus 10 in the S & P.
    Mar 26, 2013. 10:26 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News  [View article]
    axel
    True but how safe is the ca. $8.50 price? It was $10 just two months ago.
    Mar 26, 2013. 10:24 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News  [View article]
    bob
    A very strange day indeed when we agree on not one, but two points. I have to go check the astrology charts or something to explain this weird and eerie phenomenon.
    Mar 26, 2013. 10:22 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News  [View article]
    Re the BRIC's------This is one more move in the plan to eliminate the dollar as the world's standard.

    The government in Cyprus fears a bank run? Duh, no kidding?
    The locals are screwed while I'll bet the really big money is already out of there.
    Also, when the Russians leave, who will be staying in the hotels and eating in the restaurants? Depression is weeks away.
    Mar 26, 2013. 09:30 AM | 8 Likes Like |Link to Comment
  • Goldfield: A 'Four-Bagger' In The Making  [View article]
    Thanks
    Would you hold or sell if it reaches $6.00?
    It is almost there today.
    Mar 25, 2013. 02:31 PM | Likes Like |Link to Comment
  • "Here's a novel way to drive up a company’s share price," writes the NYT's Jeff Sommer. "Pay billions of dollars in additional taxes." Forensic accountant Robert Olstein reckons that companies such as Apple (AAPL), Microsoft (MSFT) and Cisco (CSCO) should repatriate the tens of billions dollars they hold abroad, pay tax on it, and then use the rest of the cash to repurchase stock. That would boost their share prices by at least 20%.  [View news story]
    cincinnatikid
    "That's the founding myth of the United States."

    After that nothing you write is worth reading.
    Mar 25, 2013. 12:27 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News  [View article]
    bluesky....
    Now that the EU has seen how easy it is to legally steal the publics money they will be like addicted druggies wanting ever more and more.
    Mar 25, 2013. 11:09 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News  [View article]
    What do you think the treasurers of large multi nationals are thinking about cash in a bank in Italy, Spain, Portugal and a lot of other European banks? There will be a lot of money shifting positions in a very short time.

    What the impact will be is going to be interesting to watch as the pressure on the banks will build to a high level. What will be the cost of capital they will need in the future?
    Mar 25, 2013. 10:43 AM | 4 Likes Like |Link to Comment
  • Goldfield: A 'Four-Bagger' In The Making  [View article]
    Please explain. $.50 to where, from where?
    Mar 25, 2013. 10:05 AM | Likes Like |Link to Comment
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