In the wake of the recent steps that have been taken by the Federal Reserve, there has been a surge of concerns being voiced in regards to inflation looming on the horizon. One of the voices that are sounding the alarm is Federal Reserve Bank president Esther George. … [Read more...]
More Responsibility Seen Through Use of Credit Cards
Recent reports reflect that consumers are using credit cards more responsibly. In a report released by the American Bankers Association, it shows that credit card customers have become less delinquent on their credit card payments. Correspondingly, this has decreased the amount of … [Read more...]
Family Dollar Stores Report Increased Quarterly Profits
Family Dollar Stores Incorporated released their fourth-quarter earnings statement. In that earnings statement they show a 1.4% increase in sales volume. The volume of sales was primarily in their consumables inventory. This increase in sales by 16% helped to offset sluggish sales … [Read more...]
Quarterly Value of Gold Strengthens
The latest quarterly report shows that gold increase in value. This increase in value was gold’s strongest quarterly showing in over two years. Additionally, the level of value for gold is predicted to remain steady in the short term. … [Read more...]
Sealy Corporation (ZZ) and Temper-Pedic International Merger
In a $229 million deal, two mattress companies have merged. The two mattress companies are Sealy Corporation (ZZ) and Temper-Pedic International (TPX). The result of this business transaction combines the two largest mattress companies and reflected approval of the market as shares … [Read more...]
Walgreens Reports Fourth-Quarter Loss
Walgreens issued their fourth quarter earnings statement which reflected a loss in profit by 59%. Walgreens is the biggest drugstore outlet in the United States and is headquartered in Deerfield, Illinois. In their earnings statement they indicated that this significant loss in … [Read more...]
