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Five blue-chip stocks with revolutionary new products

Normally we think of revolutionary products created by start-ups or entrepreneurial minds just out of college, but the most talked about new projects of 2009 are being produced by some of the best known companies in the world.

Amazon.com Inc. (NASDAQ: AMZN): With its massive online presence and a truly efficient business model, Amazon has become the largest online retailer in the world. It is now taking on a new business, web services, namely cloud computing (learn more HERE), called the Amazon Elastic Compute Cloud (EC2). While hosting this infrastructure and presenting e-commerce with a reasonably affordable alternative with no up-front costs, Amazon has taken an early lead in this space, with some believing its cloud computing business will one day overtake retailing. "Amazon will be like a book store that sells cocaine out the back door. Books will be just a front to sell storage and cloud computing." says Larry Dignan, Editor in Chief of ZDNet and Editorial Director of ZDNet sister site TechRepublic.

Continue reading Five blue-chip stocks with revolutionary new products

Wal-Mart updates scaled-back plans for in-store health clinics

Retailing behemoth Wal-Mart Stores Inc. (NYSE: WMT) won't be aggressively rolling in health clinics into its retail stores in 2009, as it has scaled back its plan to 31 locations with clinics from the original estimate of about 400 stores in 2009. Wal-Mart even had as many as 77 locations with in-store clinics in 2008, so it has drastically rolled back its plans here. What happened?

The recession happened, that's what. The gap from the original 77 clinics to the present 33 occurred when venture capital-funded clinics had their funds dry up amid the credit crunch of late 2008 and they haven't returned yet. Although Wal-Mart sees health clinics as a still-untapped opportunity in its stores, they won't be coming to every possible Wal-Mart location any time soon. Indeed, former CEO Lee Scott said that it would take five to seven years to get 2,000 clinics inside Wal-Mart locations. Wonder where that estimate is now?

Continue reading Wal-Mart updates scaled-back plans for in-store health clinics

Marchionne sets new work ethic for Chrysler

There's new boss at Chrysler, and his name is Sergio Marchionne. On the job just a few days, Mr. Marchionne has shown that he plans to run a tight ship at Chrysler. His first move was to appoint powerful divisional heads with profit and loss accountability.

He has initiated a top-to-bottom shake-up, naming 23 executives who will report directly to him. Some of the 23 are from Fiat and others were promoted within Chrysler.

Continue reading Marchionne sets new work ethic for Chrysler

Wal-Mart, Miley Cyrus join forces for clothing line

Wal-Mart Stores, Inc. (NYSE: WMT) is taking a larger stab with its apparel lines than in the past and has joined up with teen sensation Miley Cyrus for a new value-priced clothing line -- naturally. Cyrus, star of Disney's Hannah Montana, has hooked up with designer Max Azria for the new line.

The new junior clothing selection will include girls' tops, pants, t-shirts and shows -- all priced at under $20. Wal-Mart shoppers will see the new items in all Wal-Mart stores and at www.walmart.com sometime in August. If history holds, those same clothes will be falling apart from a few washing cycles sometime in December. Sorry, couldn't resist there. Quite a few relatives have told me about clothes from Wal-Mart literally falling apart after three months or so.

Continue reading Wal-Mart, Miley Cyrus join forces for clothing line

Wal-Mart, Bharti to open 15 wholesale locations within three years

Wal-Mart Stores, Inc. (NYSE: WMT), which recently had to delay its first India store opening due to local violence, has announced it will be opening 15 wholesale locations in India with partner Bharti within the next three years. Along with each location will come a $7 million investment from the world's largest retailer.

Continue reading Wal-Mart, Bharti to open 15 wholesale locations within three years

A new iPhone from Apple could cause huge headaches for AT&T

Apple, Inc.'s (NASDAQ: AAPL) iPhone 3G has admittedly caused problems for wireless partner AT&T, Inc. (NYSE: T). Little did AT&T know that so many iPhones would be sold and so much data would be pumped over its wireless network.

What would happen if a newer iPhone was announced and released this year that featured front-facing camera videoconferencing? Would the millions of iPhone users start sending out even more bucketloads of data doing a ton of live video over their iPhones?

Continue reading A new iPhone from Apple could cause huge headaches for AT&T

Palm's pending Pre can't justify stock bump since January

As soon as Sprint Nextel Corp. (NASDAQ: S) and Palm Inc. (NASDAQ: PALM) announced the Palm Pre back in January, Palm's stock has shot up from just over $3 to today's close of over $10. All this based on the announcement of an untested (albeit incredibly slick) new handset called the Pre. It debuts on Sprint's network on June 6 and is being billed by many as the "iPhone killer" that so many phones have tried to be but failed at.

Continue reading Palm's pending Pre can't justify stock bump since January

Wal-Mart, Bharti delay first India store opening

When Wal-Mart Stores, Inc. (NYSE: WMT) joined up with India's Bharti a few years back to bring the world's largest retailer to India, it probably thought things through very well. Of course, entering huge markets like India and China was a no-brainer for Wal-Mart, after failing in markets like South Korea and Germany. Little did Wal-Mart know that violence would someday delay its grand opening in India.

Continue reading Wal-Mart, Bharti delay first India store opening

Why is the small Migros Bank growing so fast?

Three years ago the Swiss supermarket chain Migros started an in-store bank. We're not talking just installing ATM machines operated by a large banking conglomerate. These were actual full-service bank branches located right down the aisle from the meat and deli counters. All under the supermarket's own brand: Migros Bank. . . . What were they thinking, right?

Well, here's the thing: Migros has been a smashing success. How is that possible? Here's a tiny bank in a supermarket. Its primary role is to service store customers. The bank does not pay top bankers any bonuses. Nor does it engage in high-risk international investments.

Instead, it has a simple (some people might call it outmoded) business model. It collects deposits from customers and then turns them into low-risk loans. With this approach, Migros deposits surged SFr 2.6 billion to SFr 24 billion, even as customers, worried about fallout from the financial crisis, were pulling their money out of leading Swiss banks like UBS AG (NYSE: UBS).

Continue reading Why is the small Migros Bank growing so fast?

Nintendo DSi: Revolutionary or evolutionary?

On Sunday, the latest edition of Nintendo's (OTC: NTDOY) DS portable gaming system hit stores. In the aftermath of the release, questions are emerging about where the company is heading and what its platform will ultimately become.

There is little question that the DSi will be a big hit. One of the harsher reviewers, The LA Times' Pete Metzger, criticized the matte finish and stated that the machine's advances were "evolutionary," but not a must-have. Even so, he gave it a strong A-.

This attitude was echoed by another tough reviewer, The Globe and Mail's Chad Sapieha, who questioned whether the DSi was really worth the extra money, but seemed confident that the gaming system would be a resounding success.

Continue reading Nintendo DSi: Revolutionary or evolutionary?

Palm's Pre may only sell half as much as Apple's iPhone on debut

Palm, Inc. (NASDAQ: PALM), the handheld PDA pioneer that has reportedly been on its deathbed several times in recent years, is about to launch the hotly-anticipated Pre on the Sprint Nextel Corp. (NYSE: S) sometime this summer. From all accounts, the Pre may take on Apple, Inc.'s (NASDAQ: AAPL) iPhone as its best competition yet.

Continue reading Palm's Pre may only sell half as much as Apple's iPhone on debut

Motorola unveils the Evoke; Apple's iPhone not scared

When Apple, Inc. (NASDAQ: AAPL) unveiled the iPhone in January 2007, it probably knew that its marketing and influence were ripe to make that product the "must have" wireless handset. Indeed, it's turned out that way, with Apple quickly entering into the top-five companies in the wireless phone business.

Since then, the copycats (if we can call them that) have released on touch-screen phone after another. Some are good, some mediocre. Sprint Nextel Corp.'s (NYSE: S) impending release of the Palm, Inc. (NASDAQ: PALM) Pre may be a very good contender to actually compete head-to-head with the iPhone.

Continue reading Motorola unveils the Evoke; Apple's iPhone not scared

Dell launches product assult on HP, IBM

Dell, Inc. (NASDAQ: DELL) is tired as hell, and isn't going to take it any more. Well, something like that. After having been battered in the consumer and retail PC market for well over a few years now, the commodity company has unleashed a whole slew of corporate server products and services aimed at taking on the services consulting leader, IBM Corp. (NYSE: IBM) and the largest computer company in the world that has set its sights on IBM as well, Hewlett-Packard Corp. (NYSE: HPQ).

Continue reading Dell launches product assult on HP, IBM

Skype expands business internet telephone service offering

EBay, Inc.'s (NASDAQ: EBAY) Skype unit has been the butt of jokes for years now. The internet telephony company has made millions of worldwide fans, while not really jiving at all with eBay's core auction business (which is on the decline). Although eBay's PayPal unit continues to grow every quarter, speculation has run rampant that the online auction pioneer would unload Skype somehow. The question is: who would buy it?

Continue reading Skype expands business internet telephone service offering

Wal-Mart re-opens grocery stores targeting Hispanic shoppers

Although Wal-Mart has customized certain sections of its stores in recent years to attract certain shopper demographics, the largest retailer in the world is going a step further. It plans to convert two of its Neighborhood Market grocery stores into food locations specifically targeting Hispanic shoppers. The markets: Phoenix and Houston.

Continue reading Wal-Mart re-opens grocery stores targeting Hispanic shoppers

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Symbol Lookup
IndexesChangePrice
DJIA-223.328,280.74
NASDAQ-49.201,796.52
S&P 500-26.91896.42

Last updated: July 03, 2009: 08:19 PM

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