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TJX: Even More Efficient After Rightsizing
Monday, December 13, 2010 - 4:08pm | 117Want evidence concerning the strength of retailer The TJX Companies (NYSE: TJX)? Consider this: On Friday TJX announced it would cut 4,400 jobs and convert 91 A.J. Wright stores in to T.J. Maxx, Marshalls, or HomeGoods stores, while closing the remaining 71 A.J. Wright stores. In other words,...
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Zacks #1 Rank Additions for Monday - Tale of the Tape
Monday, December 13, 2010 - 9:33am | 230Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Electrolux AB (ELUXY) Air Liquide (AIQUY) Alps Electric Co Ltd (APELY) Brady Corp (BRC) The Buckle Inc (BKE) View the entire Zacks #1 Rank List. BUCKLE INC (BKE): Free Stock Analysis Report BRADY CORP CL A (BRC): Free Stock...
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Zacks #1 Rank Additions for Monday - Tale of the Tape
Monday, December 13, 2010 - 9:14am | 230Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Electrolux AB (ELUXY) Air Liquide (AIQUY) Alps Electric Co Ltd (APELY) Brady Corp (BRC) The Buckle Inc (BKE) View the entire Zacks #1 Rank List. BUCKLE INC (BKE): Free Stock Analysis Report BRADY CORP CL A (BRC): Free Stock...
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Oppenheimer Has Perform Rating On TJX
Monday, December 13, 2010 - 7:57am | 144Oppenheimer & Co. has a Perform rating on The TJX Companies, Inc. (NYSE: TJX). In a note sent to clients, Oppenheimer writes, "On December 10, TJX announced that it will shutter its AJ Wright division. Of the 162 stores in operation, 91 will be converted to a T.J. Maxx, Marshalls or Homegoods,...
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Buckle Inc. Director Sells 26,042 Shares of BKE
Friday, December 10, 2010 - 5:18pm | 54In a Form 4 filed earlier today, Buckle Inc. (NYSE: BKE) Director, James Shada, reported that he sold 26,042 shares of BKE on December 8th-10th for an average price of $38.59. The transaction totaled $1,004,888. Mr. Shada owns 2,250 direct shares and 116,081 indirect shares of BKE. Source: The...
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Citi Trends Climbs 7.2% (CTRN)
Friday, December 10, 2010 - 4:01pm | 121Shares of Savannah, Georgia-based urban apparel and accessories retailer Citi Trends, Inc. (Nasdaq: CTRN) are trading up 7.2% at $26.17 per share during the Friday afternoon trading session. The stock opened at $24.66 per share, just above the previous day's close of $24.42, then climbed higher...
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TJX to Cut 4,400 Jobs, Shutter Stores
Friday, December 10, 2010 - 11:52am | 77(FoxBusiness)--T.J. Maxx and Marshalls parent TJX Cos. (TJX) announced plans on Friday to slash more than 4,000 jobs and shut down its A.J. Wright division. Framingham, Mass.-based TJX said it plans to convert 91 A.J. Wright stores into T.J. Maxx, Marshalls and HomeGoods stores. The remaining 71 A....
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Bearish MACD for Jos. A. Bank Clothiers - Tale of the Tape
Friday, December 10, 2010 - 11:30am | 122Jos. A. Bank Clothiers, Inc.'s (JOSB) MACD indicator has moved into bearish territory with a reading of -0.5542. The Zacks #4 Rank (“Sell”) stock decreased less than 1% to $40.49 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending January 2011 has decreased...
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Bearish MACD for Jos. A. Bank Clothiers - Tale of the Tape
Friday, December 10, 2010 - 11:26am | 122Jos. A. Bank Clothiers, Inc.'s (JOSB) MACD indicator has moved into bearish territory with a reading of -0.5542. The Zacks #4 Rank (“Sell”) stock decreased less than 1% to $40.49 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending January 2011 has decreased...
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The TJX Companies Down After Annoucing Job Cuts
Friday, December 10, 2010 - 10:55am | 103What a way to start the holiday season, huh? The TJX Companies, Inc. (NYSE: TJX) announced this morning that it would be cutting 4,400 jobs this morning, some of which are part-time, as a move to get rid of its A.J. Wright stores. The company will shut 71 stores and turn 91 A.J. Wright stores to T...
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Trading Resumes: The TJX Companies
Friday, December 10, 2010 - 10:43am | 15The TJX Companies (NYSE: TJX) trading resumes.
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The Common Man Approach To Channel Checking
Friday, December 10, 2010 - 10:35am | 821What really defines insider trading these days? That's what the FBI wants to know, as the government organization has begun cracking down on channel checking firms and hedge funds over what exactly is legal, and what isn't. The FBI has gone so far as to ask technology researcher John Kinnucan to...
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The TJX Companies, Inc. Announces Conversion of 91 A.J. Wright Stores to T.J. Maxx, Marshalls, and HomeGoods Banners
Friday, December 10, 2010 - 10:32am | 55The TJX Companies, Inc. (NYSE: TJX) today announced that it will consolidate its A.J. Wright division by converting 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores and by closing the remaining 71 stores, A.J. Wright's two distribution centers and its home office.
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Does Abercrombie & Fitch (ANF) Have More Upside Potential?
Friday, December 10, 2010 - 10:02am | 2038After months and months in the red ink, Abercrombie & Fitch (NYSE:ANF) has shown a marked improvement in its recent sales numbers. Same-store sales grew by 22% (year over year) in December, easily topping estimates. Monthly sales numbers have been positive during the last six months after...
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J.P Morgan Coments On Mens Wearhouse Post Earnings Results
Friday, December 10, 2010 - 9:57am | 177Mens Wearhouse (NYSE: MW) shares have fallen ~20% the past couple days (vs. group flat) following the company's Q3 results, and we think this has created an extremely compelling entry point for a handful of reasons. First and foremost, the thesis is playing out here. A shift in strategy is driving...