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Bebe Stores (BEBE) Has Improved Merchandising
Friday, February 5, 2010 - 8:13am | 47Analysts at Roth Capital upgrade Bebe Stores (NASDAQ: BEBE) from “hold” to “buy.” The target price for BEBE is set to $10. BEBE had posted better-than-consensus results for Q2. Roth Capital said that the company has made improvements in merchandising.
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Fast Money Picks For February 5th (SVU, HSY, ANF, CVS, PG)
Thursday, February 4, 2010 - 7:36pm | 180Brian Kelly said on CNBC's Fast Money that he is bullish on US dollar. He added that if you really need to buy stocks tomorrow you can look at SUPERVALU INC. (NYSE: SVU), which dropped 1.97% today. Joe Terranova believes that The Hershey Company (NYSE: HSY) is a buy on Friday. Hershey (HSY) fell 0....
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TJX January SSS Shoots Up 12%
Thursday, February 4, 2010 - 10:59am | 57TJX Companies (NYSE: TJX) reported a 12% rise in its January comparable SSS, as compared to the Retail Metrics estimate of an increase of 7.4%. TJX has projected its EPS for the fourth quarter at $0.90-$0.91 and for the full year at $2.80-$2.81, as compared to the consensus of $0.84 and $2.74,...
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ROST January SSS Jumps 8%, Hikes Dividend By 45%, Announces Buyback
Thursday, February 4, 2010 - 9:53am | 112January SSS at Ross Stores (NASDAQ: ROST) jumped 8% as compared to the Retail Metrics expectations of 7.3% growth. ROST has projected its EPS for Q4 at $1.15-$1.16 and for FY10 at $3.53-$3.54, exceeding the consensus expectations of $0.98 and $3.36, respectively. The company expects to post its...
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GYMB Revenues Beats Street View, SSS Slips
Thursday, February 4, 2010 - 9:39am | 63Gymboree (NASDAQ: GYMB) has reported its Q4 revenues at $295.7 million versus the Street view of $294.74 million. GYMB’s same store sales for the quarter slipped by 2%. Gymboree has projected its EPS for the quarter at $1.08-$1.10, exceeding the consensus expectations of $1.05. GYMB’s projection...
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The Budget Effect: Analyst Picks Stocks (USU, SGR, CCJ)
Thursday, February 4, 2010 - 6:23am | 145President Obama has presented the budget proposal for fiscal year 2011. Talking with CNBC, Dan Fitzpatrick, president of Stock Market Mentor, shared his insight. Dan said that the Retail sector is likely to be hit hard by some budget provisions. He said that higher taxes will also have a negative...
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Shorts Feel The Pain With Ann Taylor (ANN)
Tuesday, February 2, 2010 - 4:13pm | 181Traders who are short shares of Ann Taylor (NYSE: ANN) are getting squeezed as the trading day goes on. This morning I pointed out here that Ann upped its guidance for its current quarter. Ann shares opened strongly in the morning and continued to climb during the afternoon, at one point climbing...
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Financials Making Turnaround In February
Tuesday, February 2, 2010 - 3:33pm | 340Among the 10 key sectors in S&P, industrials, energy and materials led the market up today as pending-home sales rose 1% in December and oil pushed above $75 a barrel. Alcoa led the Dow for a second day in a row, after the ISM report on manufacturing turned out to be better than expected....
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Ann Taylor Offers Upbeat Outlook, Shares Soar (ANN)
Tuesday, February 2, 2010 - 11:46am | 157Women's apparel retailer AnnTaylor (NYSE: ANN) is soaring this morning after the company increased its guidance for its fiscal fourth-quarter 2009. The company says fourth-quarter earnings will be "substantially higher" than a year ago. The company now sees net sales approaching $470 million versus...
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ANN Raises Q4 Outlook, Shares Surge
Tuesday, February 2, 2010 - 10:33am | 175Ann Taylor Stores Corp (NYSE: ANN) said today that it expects its fourth-quarter profits to surpass its prior forecast and be “substantially” ahead of the year-earlier level. The women's clothing retailer cited better-than-expected sales and gross margins as the reasons for its performance. Fourth-...
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Benzinga’s Top Pre-Market Gainers (LXK, ANN, CMI, XOM, CITP, CBAK)
Tuesday, February 2, 2010 - 9:29am | 393Lexmark International, Inc. (NYSE: LXK) increased 8.58% to $29.10 in the pre-market session. Lexmark International reported today a fourth-quarter net income of $59.8 million, or $0.76 per share, as compared to $18.1 million, or $0.23 per share, in the year-ago period. Analysts on an average had...
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Monday's Hot Stocks on BIG Volume: A Time to Get Sirius?
Tuesday, February 2, 2010 - 9:09am | 2041With the major indices trading higher Monday, there were many stocks which broke out to the upside on BIG volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should skip ahead to...
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GDP Soars, Consumption Rises (WMT, ARO)
Friday, January 29, 2010 - 10:06am | 150Fourth quarter GDP expanded at 5.7% after increasing 2.2% in the third quarter. The consensus estimate called for GDP to increase by 4.7%. The first estimate of fourth quarter GDP showed that the economy grew at its fastest pace since the third quarter of 2003. Growth improved while inflation was...
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Retail Sector Looks Attractive; JCrew (JCG) A Good Buy
Thursday, January 28, 2010 - 8:33am | 137John Fitzgibbons, partner and head of wealth management at ThinkEquity, shared his market outlook with CNBC. He said that he is maintaining a cautious approach towards the markets. According to him, investors are looking for a reinsurance about the spending ability of U.S. consumer. He stated that...
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Limited Discounting To Drive GPS Merchandise Margins
Wednesday, January 27, 2010 - 2:17pm | 162Analyst Laura Champine of Caris & Company reiterates her "outperform" rating on Gap (NYSE: GPS), while raising her estimates for the company. According to Caris & Company, store checks indicate that GPS has offered only limited discounting in its Gap segment. Although low discounting will...