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Brian Sozzi's Top Retail Pick For 2011
Thursday, December 16, 2010 - 3:28pm | 93Brian Sozzi of Wall Street Strategies tweeted that his top pick for 2011 is New York & Co. (NYSE: NWY). Sozzi said that sees plenty of upcoming catalysts in the new year to move shares higher. At last check, shares of NWY were up 17 cents to $4.32, a gain of 4.1%. New York & Company...
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Aeropostale Up 7% On Takeover Talk (ARO)
Thursday, December 16, 2010 - 2:41pm | 155Shares of Aeropostale Inc. (NYSE: ARO) are trading up 7% at $25.23 per share during the Thursday afternoon trading session. The stock has been trading higher after an article in the New York Post said that the company has hired Barclays Capital to defend it from potential takeover attempts. The day...
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J. Crew Group Spiking (JCG)
Thursday, December 16, 2010 - 12:32pm | 26Shares of J. Crew Group (NYSE: JCG) just spiked intraday. Shares are trading at $44.02, up $0.28 from yesterday's close.
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Oppenheimer Initiates Coverage On NWY, TLB, ANN, CHS
Thursday, December 16, 2010 - 9:47am | 66Oppenheimer has initiated coverage on the following companies: New York & Company (NYSE: NWY) Outperform, $5 PT The Talbots Inc. (NYSE: TLB) Outperform, $11 PT AnnTaylor Stores Corp. (NYSE: ANN) Perform Chico's FAS Inc. (NYSE: CHS) Perform
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Retail Industry Outlook - Dec. 2010 - Industry Outlook
Wednesday, December 15, 2010 - 6:30pm | 1779With the economic backdrop steadily improving, albeit at a very slow pace, the outlook for the holiday shopping season has brightened. According to NRF's 2010 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, U.S. consumers plan to spend an average of $688.8 on holiday-...
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Retail Industry Outlook - Dec. 2010 - Industry Outlook
Wednesday, December 15, 2010 - 6:16pm | 1779With the economic backdrop steadily improving, albeit at a very slow pace, the outlook for the holiday shopping season has brightened. According to NRF's 2010 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, U.S. consumers plan to spend an average of $688.8 on holiday-...
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NRG Energy Acquires Solar Unit - Analyst Blog
Wednesday, December 15, 2010 - 1:00pm | 517Energy generation company NRG Energy Inc. (NRG) announced that its unit NRG Solar has acquired a 290 megawatt (MW) solar project from First Solar Inc. (FSLR). This acquisition cements NRG Energy's alliance with First Solar, as the latter has recently agreed to assist NRG Energy to develop...
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NRG Energy Acquires Solar Unit - Analyst Blog
Wednesday, December 15, 2010 - 12:30pm | 517Energy generation company NRG Energy Inc. (NRG) announced that its unit NRG Solar has acquired a 290 megawatt (MW) solar project from First Solar Inc. (FSLR). This acquisition cements NRG Energy's alliance with First Solar, as the latter has recently agreed to assist NRG Energy to develop...
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Ross Stores Enters Oversold Territory - Tale of the Tape
Wednesday, December 15, 2010 - 12:03pm | 109Ross Stores, Inc's (ROST) share price has entered into oversold territory with a stochastic value of 3.05. The Zacks Consensus Estimate on the company's earnings for January 2011 increased by 3 cents over the past month to $ 4.46 per share. Ross Stores, Inc is a Zacks #2 Rank (“Buy”) company. ROSS...
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Stein Mart Enters Oversold Territory - Tale of the Tape
Wednesday, December 15, 2010 - 12:03pm | 111Stein Mart, Inc.'s (SMRT) share price has entered into oversold territory with a stochastic value of 17.82. The Zacks Consensus Estimate on the company's earnings for January 2011 increased by 7 cents over the past month to 83 cents per share. Stein Mart, Inc is a Zacks #2 Rank (“Buy”) company. ...
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Stein Mart Enters Oversold Territory - Tale of the Tape
Wednesday, December 15, 2010 - 11:49am | 111Stein Mart, Inc.'s (SMRT) share price has entered into oversold territory with a stochastic value of 17.82. The Zacks Consensus Estimate on the company's earnings for January 2011 increased by 7 cents over the past month to 83 cents per share. Stein Mart, Inc is a Zacks #2 Rank (“Buy”) company. ...
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Ross Stores Enters Oversold Territory - Tale of the Tape
Wednesday, December 15, 2010 - 11:43am | 109Ross Stores, Inc's (ROST) share price has entered into oversold territory with a stochastic value of 3.05. The Zacks Consensus Estimate on the company's earnings for January 2011 increased by 3 cents over the past month to $ 4.46 per share. Ross Stores, Inc is a Zacks #2 Rank (“Buy”) company. ROSS...
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Brian Sozzi Exits Ann Taylor (ANN)
Wednesday, December 15, 2010 - 11:40am | 68Brian Sozzi tweeted that he is exiting his recommendation of Ann Taylor (NYSE: ANN), which he suggested back in May 2010. The stock is up 21% since Sozzi's recommendation. Sozzi is an analyst at Wall Street Strategies, an independent research firm. At last check, shares of ANN were up 24 cents to $...
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Stock Market News for Dec 15, 2010 - Market News
Wednesday, December 15, 2010 - 10:33am | 910On Tuesday, the markets closed almost flat after a muted view from the Federal Reserve about the economic recovery. However, stocks were helped marginally by the positive report on retail spending. The Dow Jones Industrial Average rose 0.4% to 11,476.54.The Standard & Poor's 500 was up 0.1%...
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Credit Suisse's U.S. Alert
Wednesday, December 15, 2010 - 10:19am | 236Credit Suisse is out with its U.S. Alert on the following companies: Coverage Initiations: TJX Companies (NYSE: TJX) with a Neutral rating and $50 price target. Coach, Inc. (NYSE: COH) with an Outperform rating and $70 price target. Gap (NYSE: GPS) with an Outperform rating and $26 price target....