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What to Watch This Week: Games, Stores, IPOs, and Nike Fuel
11:45AM 2/21/2012
By Rick Aristotle Munarriz, The Motley Fool
Company News, Earnings, Macy's, Wal-Mart Stores, Target Corp, Saks, Nintendo
There's never a dull moment on Wall Street, especially now that the market's climbing as nicely as Jeremy Lin's stock over the past two weeks. Let's go over some of the items that will help shape the week that lies ahead.
GM Posts Record Earnings: Is It Ready to Repay Bailout?
9:30AM 2/17/2012
2011 was the most profitable year in General Motors' history. Thanks in large part to the $50 billion government-assisted restructuring it received, GM's U.S. operation is in good shape. So is it ready to fully pay back Washington now? Well, that depends on Europe.
Why Sony 'Accidentally' Tried to Gouge Whitney Houston's U.K. Fans
4:50PM 2/15/2012
The death of Whitney Houston found nostalgic fans rushing to buy the music icon's catalog of digital works, which means a bittersweet payday for her label Sony Music. But a gaffe overseas is making Sony out to look like a greedy opportunist.
McDonald's Key Revenue Figure Up 6.7% in Jan.
10:40AM 2/08/2012
McDonald's said Wednesday that a key revenue figure climbed 6.7 percent in January as U.S. customers spent more on breakfast items, beverages and its new Chicken McBites. The world's biggest hamburger chain's strongest January results were in the U.S., as revenue in restaurants open at least 13 months rose 7.8 percent there. The metric increased 7.3 percent in the region made up of Asia, the Middle East and Africa, and 4 percent in Europe.
Hershey's Gets a Bit Safer for Africa's Exploited Kids
4:47PM 2/02/2012
Hershey has been disturbingly lax in addressing abusive child labor practices in the Africa's cocoa industry, and recently, over 100,000 consumers let the company know they're not pleased. Now the chocolatier is changing its ways -- just in time.
7 Startling Numbers We Now Know About Facebook
10:35AM 2/02/2012
Now that Facebook has filed its IPO paperwork, we've gotten our first real glimpse at the inner workings of the world's largest social networking website. No shock, the company's fundamentals are impressive, but here are a few of the numbers that may surprise you -- and what they mean.
Super Bowl Advertisers Go After "Second Screens"
10:30AM 2/01/2012
Company News, Technology, Coca-Cola Company, Motorola, Facebook, Toyota, Entertainment
Call it the "second-screen" Super Bowl. About two-thirds of smartphone and tablet owners use their gadgets to do things like text or post on Twitter while watching TV, according to research firm Nielsen. So, for Sunday's game, companies from Coke to Chevy are trying to reach fans on all the "second screens" they have.
Macy's to Martha Stewart: Your J.C. Penney Deal Is Not a Good Thing
6:00AM 1/28/2012
Martha Stewart has a new legal problem to contend with: Macy's, which had an exclusive licensing deal with her namesake company, has filed a lawsuit against Martha Stewart Living Omnimedia for hooking up with J.C. Penney.
Colgate Ups Prices at Home; First Attempt in Years
12:00PM 1/26/2012
Colgate-Palmolive, stung by higher costs, saw fourth-quarter net income decline more than 5 percent but said Thursday that it had raised prices in North America for the first time in two and a half years.
How the Chevy Volt Became a Political Punching Bag
11:15AM 1/26/2012
GM CEO Dan Akerson is charged up about the politically manufactured controversy surrounding the Chevy Volt. "We did not engineer the car to become a political punching bag," he said. Tough words -- but rescuing the Volt's reputation will be a tough fight.
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