Junior Mining News

Here’s the Secret to Beating Amazon in the Retail Wars

By Greg Guenthner This post Here’s the Secret to Beating Amazon in the Retail Wars appeared first on Daily Reckoning. Macy’s (NYSE:M) is finally escaping retail purgatory. The iconic department store beat earnings and revenue estimates and has slowed its declining same-store sales. Its cost-cutting efforts are finally working as management appears to be setting

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Brazil’s Vale 4th-qtr profit misses as costs rise, forex weighs

By analyst By Reuters Brazilian iron ore miner Vale SA’s quarterly net income jumped by 47 percent but still badly missed analyst estimates, depressed by rising costs and foreign exchange related losses. In a securities filing on Tuesday, the world’s largest iron ore producer said net income totaled $771 million in the quarter, well below

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