Resources

September 3, 2014 CVS Caremark is changing its corporate name to CVS Health to reflect its broader health care commitment and its expertise in driving the innovations needed to shape the future of health. “For our patients and customers, health is everything and CVS Health is changing the way health care is delivered to increase... Read more »

September 2, 2014 Fred’s second quarter results reflected the company’s strategic decision to build its business model for the future as a convenience/pharmacy-centric store, driven by data-based inventory management, according to CEO Bruce Efird. The company reported a net loss of $16.4 million for the quarter.  Fred’s total sales for the second quarter of fiscal... Read more »

September 2, 2014 Serious labor shortages in the world’s advanced economies will create unprecedented challenges for business leaders and policymakers over the next fifteen years and beyond, according to a comprehensive new report released today by The Conference Board.  From Not Enough Jobs to Not Enough Workers forecasts the impact of aging populations to compound... Read more »

August 31, 2014 Improved merchandising strategies and marketing execution at Big Lots has president and CEO David Campisi feeling good about prospects for a company that continues to distance itself from its closeout roots. Big Lots produced a 1.7% same store sales increase during its second quarter ended August 2 and generated earnings per share... Read more »

September 2, 2014 New Orders, Employment and Production Growing; Inventories Growing; Supplier Deliveries Slowing Economic activity in the manufacturing sector expanded in August for the 15th consecutive month, and the overall economy grew for the 63rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report on Business. The report was issued... Read more »

September 2, 2014 The Family Dollar board is under new pressure to walk away from a deal with Dollar Tree after Dollar General further increased an already more generous counter offer. Early Monday Dollar General increased its all cash offer to $80 a share from $78.50 a share and increased the number of stores it... Read more »

August 28, 2014 An increased risk of an emerging El Nino and a continuation of warmer than normal ocean waters in the Atlantic will produce warmer and wetter conditions along the East Coast along with an elevated tropical system risk.  The total number of tropical systems will be reduced overall, but should a storm threaten... Read more »

August 28, 2014 The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter.  It is the 10th straight quarter with a reading of 50 or above. The MPI measures builder... Read more »

August 26, 2014 The Conference Board Consumer Confidence Index, which had increased in July, improved further in August.  The Index now stands at 92.4, up from 90.3 in July.  The Present Situation Index increased to 94.6 from 87.9, while the Expectations Index edged down to 90.9 from 91.9 in July. Says Lynn Franco, Director of... Read more »