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GAAP vs. IFRS: New accounting rules could mean trouble

Filed under: International Markets, Industry, Economic DataAs if investors do not have enough to worry about, along comes another problem. There is a growing movement to allow, perhaps eventually...

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Thornburg Mortgage (TMA) posts $3 billion quarterly loss

Filed under: Earnings Reports, Bad News, HousingJune 30 was the day when Thornburg Mortgage Inc. (NYSE: TMA) had hoped to complete at least 90% of its preferred stock repurchase as part of a last ditch...

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America's Car-Mart (CRMT) lets customers pay by pig

Headquartered in Bentonville, Arkansas, world capital of Wal-Mart, America's Car-Mart Incorporated (NASDAQ: CRMT) has taken a page from master marketer Sam Walton. America's Car-Mart will make it...

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General Motors (GM): Electro-Shock Therapy

Filed under: Good news, Products and Services, Consumer Experience, Competitive Strategy, General Motors (GM)General Motors Corporation (NYSE: GM) investors, as well as auto industry trackers, will...

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Booze a defensive play in a bear market

Filed under: Earnings Reports, Good newsBad news in the market means good news for Constellation Brands Inc. (NYSE: STZ) which manufactures and markets spirits, wines and beers under a variety of...

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WD-40 (WDFC) greases its own wheels

Filed under: Earnings Reports, Good news, Consumer Experience, Competitive StrategyThe lubricant with thousands of uses, WD-40 is found in just about every toolbox in the nation. WD-40 Company (NASDAQ:...

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Corel earnings drop 60%

Filed under: Earnings Reports, Bad NewsAnybody who does much in the way of graphics or design knows Corel Corp. (NASDAQ: CREL) and its products -- Corel DRAW and Corel Paint Shop. No question they are...

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Lady Luck deserts gambling stocks

Filed under: Earnings Reports, Bad NewsThere is something rotten in Denmark, to quote from Hamlet, Act I, as well as in Las Vegas, Louisiana, Mississippi, Colorado, Iowa, and Florida. Gambling havens,...

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Wolverine (WWW) stepping out

Filed under: Earnings Reports, Good newsWolverine World Wide, Inc. (NYSE: WWW), famous for its work boots, posted its 24th straight quarter of record profits. Revenue for 2Q2008 totaled $267.4 million,...

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Rocky Mountain Chocolate Factory (RMCF) provides some sweet relief

Filed under: Earnings Reports, Good news, Consumer Experience, Bargain StocksWhile big ticket luxury may be a bit of a stretch for many investors right now, small luxuries are still within reach. Rocky...

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Helen of Troy (HELE) launches great earnings but ...

Filed under: Earnings Reports, Good newsHousehold and personal care products manufacturer Helen of Troy Limited (NASDAQ: HELE) posted record 1Q sales and earnings up 29%. Great news, until one reads...

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Cintas (CTAS) jumps on good earnings

Filed under: Earnings Reports, Good news, Cintas Corp (CTAS)Both 4Q and FY 2008 numbers from Cintas Corporation (NASDAQ: CTAS) were uniformly good. For the first time in company history, Cintas booked...

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Eaton (ETN) stock drops 8% on good news

Filed under: Major Movement, Earnings Reports, Good news, Products and Services, Eaton Corp (ETN)Diversified industrial manufacturer Eaton Corporation (NYSE: ETN) posted some great numbers for 2Q 2008....

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Grainger (GWW) gets the job done

Filed under: Earnings Reports, Good news, China, MexicoGrainger (NYSE: GWW) supplies all manner of facilities maintenance products to all types of businesses. The company just posted great 2Q numbers....

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Fastenal (FAST) nails earnings

Filed under: Earnings Reports, Good news, Competitive StrategySectors of the economy may be coming apart at the seams, but Fastenal Company (NASDAQ: FAST), distributor of nuts, bolts and all kinds of...

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U.S. Supreme Court says: OK for individual investors to sue 401(k) plan...

Filed under: LawThe U.S. Supreme Court in LaRue vs. DeWolff, Boberg & Associates has just given individual investors the right to sue under ERISA for breach of fiduciary duty to recover individual...

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Self-storage sector not glamorous, just profitable

Filed under: Good news, Consumer ExperienceDespite large and growing declines in both the commercial and residential real estate markets, one part of the real estate sector is having a good year....

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Rockwell Collins (COL) flying high

Filed under: Earnings Reports, Good newsRockwell Collins Incorporated (NYSE: COL) provides flight deck avionics, aircraft electronics, and aviation simulation equipment for commercial, government and...

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A&P (GAP) grocery stores on path to profitability

Filed under: Earnings Reports, Good news, Competitive StrategyThe Great Atlantic & Pacific Tea Company (NYSE: GAP), better known as SuperFresh and Pathmark grocery stores, is in the midst of a...

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Fannie and Freddie and executive pay, oh my

Filed under: Federal Natl Mtge (FNM), Economic Data, HousingBoth Republican and Democratic members of Congress agree that Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) may need a taxpayer-funded...

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