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In the first quarter, O’Reilly completed the conversion of all point-of-sale and distribution systems, giving all its stores access to out-of-stock parts by the following day, at the latest. In addition, the store’s parts experts will enjoy improved inventory management and other tools. With that out of the way, O’Reilly will finish rebranding the remaining […]

Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company’s weak earnings results. Turning our attention to the future direction of the stock, it goes without […]

“Our first quarter operating results were lower than the prior year due to the impact of lower sales,” said Neil Austrian, Office Depot’s Interim Chairman and Chief Executive Officer. “However, we are encouraged by the progress we’re making throughout the enterprise to improve the future operating performance of the Company. Office Depot has a potential […]

Liberty is a new-age media conglomerate with a mogul chairman, John C. Malone. Barnes & Noble is still largely a bricks-and-mortar retailer, selling paper books to a generation of online readers. Yet, in a move that caught the media and retail industries by surprise, Liberty on Thursday offered to acquire Barnes & Noble in a […]

In the United States, 1,156 Civic were recalled. On Thursday, Honda Canada announced a recall of 377 Civic compacts. The Civics recalled were assembled from April 21 to May 2. Honda said that 17 percent of the U.S. vehicles contain the defect. Honda Canada said only two of the affected vehicles were sold to consumers. […]

The IPO has seen a great deal interest from mutual funds, pension funds and other money managers, who got the first chance to buy majority of the 7.84 million shares listed. According to analysts, the demand from retail investors is likely to push the stock higher in the first day of trading even though the […]

In the first quarter of 2011, our revenue increased 7.9% compared to the first quarter of 2010. The increase reflects an improvement in business conditions in our industry over 2010 and strong operating performance by our agencies. Revenue increased across all our disciplines and geographic areas driven by continuing economic recovery in most of the […]

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“During the first half of fiscal 2011, we experienced further deterioration in our markets impacted by municipal spending. In particular, industry orders for fire apparatus and refuse collection vehicles in North America have been constrained by tight municipal budgets. Recent facility consolidations and other cost reduction activities should help mitigate the effects on our results […]