FedEx, the world’s leading package-delivery service and an ostensible bellwether of the U.S. economy, will report its latest earnings this week. Also, with the holiday shopping season well underway, Best Buy and Discover Financ…
The TJX Companies announced Friday that it was shutting down its A.J. Wright brand, converting 91 of its 162 stores to those of its other brands — T.J. Maxx, Marshalls or HomeGoods — and closing the rest. The move will elimin…
Youku, the highly promising Chinese online-video site, had the strongest first-day rally of anyone on a U.S. exchange since China’s Baidu in 2005. But the flip side to promise is risk — and the risks of pinning big hopes on Yo…
Standard & Poor’s will make changes to several U.S. indexes next week, including the S&P MidCap 400, the S&P SmallCap 600, and the widely used S&P 500. The changes, which reflect the effects of acquisitions and market cap chang…
Have the markets entered an IPO time warp? This week, Chinese deals were red-hot. Take a look at Youku.com. In Wednesday’s debut, itsstock soared 161% to $33.44, raising $203 million. It marked the best return since Baidu hit t…