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Brian Sozzi's Picks
Thursday, November 4, 2010 - 11:24am | 82Brian Sozzi was just on CNBC discussing some of his picks, and he said that likes Macy's (NYSE: M), especially its "My Macys" initiative. He also likes Abercrombie & Fitch Co. (NYSE: ANF). On the flip side, he said he is shorting Barnes & Noble, Inc. (NYSE: BKS), despite its best efforts...
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Stein Mart to Open Three New Stores
Thursday, November 4, 2010 - 10:04am | 49Stein Mart (NASDAQ: SMRT) will expand its presence in the United States with the opening of three new stores on November 10. The new stores will be located in Sarasota, Fla., Jackson, Miss. and Tempe, Ariz., bringing its total store count to 266.
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Bookkeeping: Bernanke Forces our Hand
Thursday, November 4, 2010 - 9:32am | 2317Yesterday the market closed essentially right at the 200 week simple moving average. As has been the case throughout the rally from March 2009, whenever the major indexes hit serious resistance, it has been broken not during market hours but in premarket. Again, we see that pattern today with the...
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Gymbore Downgraded To Neutral
Thursday, November 4, 2010 - 8:53am | 138Sterne Agee has downgraded The Gymboree Corporation (NASDAQ: GYMB) from Buy to Neutral in its most recent research report. In the report, Sterne Agee writes "We are lowering our rating from Buy to Neutral on Gymboree following the successful completion of $1.47 billion in debt financing for some 81...
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The TJX Companies, Inc. October 2010 Sales up 5%
Thursday, November 4, 2010 - 8:49am | 39The TJX Companies, Inc. (NYSE: TJX) today reported October 2010 sales results. Sales for the four-week period ended October 30, 2010, were $1.8 billion, up 5% over the $1.7 billion achieved during the four-week period ended October 31, 2009.
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Gap Inc. October Sales up 2%
Thursday, November 4, 2010 - 8:27am | 55Gap Inc. (NYSE: GPS) today reported net sales increased 4 percent to $1.19 billion for the four-week period ended October 30, 2010 compared with net sales of $1.14 billion for the four-week period ended October 31, 2009. The company's comparable store sales for October 2010 were up 2 percent...
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American Eagle Outfitters October Sales up 1%
Thursday, November 4, 2010 - 8:21am | 126American Eagle Outfitters, Inc. (NYSE: AEO) today announced that total sales for the four weeks ended October 30, 2010 decreased 1% to $188 million, compared to $190 million for the four weeks ended October 31, 2009. Comparable store sales decreased 2% for the month, compared to a 5% decrease for...
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Aeropostale Reports October Sales Results; Same Store Sales Decrease 2%; Reiterates Midpoint of Previously Issued Guidance
Thursday, November 4, 2010 - 8:07am | 132Aeropostale, Inc. (NYSE: ARO) today announced that total net sales for the four-week period ended October 30, 2010 increased 5% to $146.1 million compared to $138.8 million for the four-week period ended October 31, 2009. The Company's same store sales decreased 2% for the month, compared to a same...
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Hot Topic, Inc. October Comp Store Sales Down 8.5%
Wednesday, November 3, 2010 - 4:01pm | 98Hot Topic, Inc. (Nasdaq: HOTT) today announced the sales results for October were down 8.% The company expects its third quarter earnings to be at the low end of its previous guidance of $0.05 to $0.08 per diluted share, excluding a non-cash asset impairment charge. The third quarter results will...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, November 3, 2010 - 10:33am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Allete Inc (ALE) Boston Pvt Finl Holdings Inc (BPFH) Callaway Golf Co (ELY) CenterState Banks Inc (CSFL) Citi Trends Inc (CTRN) View the entire Zacks #5 Rank List. ALLETE INC (ALE): Free Stock Analysis Report BOSTON PRIV...
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BIOS Disappoints, Withdraws Outlook - Analyst Blog
Wednesday, November 3, 2010 - 10:00am | 630BioScrip Inc. (BIOS) reported an EPS of 4 cents in the third quarter of 2010, falling below both the Zacks Consensus Estimate of 9 cents and the year-ago quarter's 14 cents. However, revenues were $441.2 million, higher than the Zacks Consensus Estimate of $433 million and 32.3% above the year-...
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A Peek Into The Market Before The Trading Starts
Wednesday, November 3, 2010 - 7:47am | 474Pre-open movers US stock futures moved up slightly after the mid-term elections. The investors are also awaiting the decision of Federal Reserve. Futures for the Dow Jones Industrial Average rose 11 points to 11,163 and those for the S&P 500 index gained 1 point to 1,193.70. Futures for the...
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DSW Inc. Expects 2010 EPS of $2.20 to $2.30
Wednesday, November 3, 2010 - 7:26am | 68DSW Inc. (NYSE: DSW) estimates an annual comparable store sales increase of approximately 11% and annual diluted earnings per share of approximately $2.20 to $2.30 for fiscal 2010. This is updated from the Company's previous estimate of an annual comparable store sales increase of approximately 7...
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DSW Inc. Announces 2010 Third Quarter Sales Increase of 10.8%
Wednesday, November 3, 2010 - 7:25am | 84DSW Inc. (NYSE: DSW) announced net sales for the third quarter ended October 30, 2010 increased to $489.3 million compared with $444.6 million for the quarter ended October 31, 2009. Same store sales increased 10.1% for the comparable period versus an increase of 8.7% last year. Net sales for...
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Zacks Releases Four Powerful ''Buy'' Stocks: Vitamin Shoppe, Ross Stores, Under Armour and TAL International Group - Press Releases
Tuesday, November 2, 2010 - 10:33am | 1291For Immediate Release Chicago, IL – November 2 , 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...