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Gap, Sears and Other Retail Stocks Up More Than 35% Year to Date
Thursday, May 10, 2012 - 6:13am | 1070This week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kick off this quarter's parade of earnings reports from retailers. Walmart (NYSE: WMT), Home Depot (NYSE: HD) and many others are scheduled to post results next week. Here is a quick look at some retailers with share prices...
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Limited Brands Appoints Charlie McGuigan as COO
Thursday, May 3, 2012 - 7:11am | 73Limited Brands, Inc. (NYSE: LTD), announced today that Charlie McGuigan, chief executive officer of Mast Global, the company's sourcing and production arm, has been named Limited Brands chief operating officer. In addition to retaining his current responsibilities, he will assume leadership of...
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Limited Brands April Comparable Store Sales up 6%; Raises Lower End of Previous Q1 Guidance
Thursday, May 3, 2012 - 6:04am | 160Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 6 percent for the four weeks ended April 28, 2012, compared to the four weeks ended April 30, 2011. The company reported net sales of $659.0 million for the four weeks ended April 28, 2012, compared to net sales of $683...
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Barron's Recap (4/28/12): Can the Dow Stay Relevant?
Sunday, April 29, 2012 - 8:21am | 1018This weekend in Barron's online: The Dow Jones Industrial Average is overdue for a makeover, and the prospects for eBay, Thermo Fisher Scientific and Oracle. Cover Story "Shake Up the Dow!" by Andrew Bary. Barron's cover story this week suggests that the Dow Jones Industrial Average risks...
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Limited Brands Posts Upbeat March Same-Store Sales
Thursday, April 5, 2012 - 6:35am | 47Limited Brands Inc (NYSE: LTD) reported an 8% rise in its same-store sales for the five weeks ended March 31. However, analysts were expecting same-store sales to rise 4.4%. Its total sales dropped to $840.9 million, from $863 million. LTD shares closed at $48.69 yesterday.
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Limited Brands Reports March 2012 Sales +8%
Thursday, April 5, 2012 - 6:00am | 119Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 8 percent for the five weeks ended March 31, 2012, compared to the five weeks ended April 2, 2011. The company reported net sales of $840.9 million for the five weeks ended March 31, 2012, compared to net sales of $863....
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Morning Social Media Outlook for Wednesday April 4 (CELG, LMNX, SNDK, LTD)
Wednesday, April 4, 2012 - 9:47am | 416In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the morning social...
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UPDATE: Credit Suisse Raises PT to $49 on Limited Brands
Monday, April 2, 2012 - 6:07am | 101Credit Suisse increases its price target to $49 from $45 on Neutral-rated Limited Brands (NYSE: LTD) as valuation rolls to 2013 estimates. Credit Suisse notes, "We are increasingly compelled by productivity enhancement opportunities and the likelihood of meaningful international expansion. Our...
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UPDATE: Jefferies Raises PT on Specialty Retail Stocks
Monday, March 26, 2012 - 7:08am | 300According to a research report published earlier today, Jefferies has increased PT for several specialty retail stocks. Jefferies explained in the report, “We have been positive on the specialty retailers since Fall '11. While the stocks are up big and have outperformed the broader market since...
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Limited Brands February Same-Store Sales Surge 8%
Thursday, March 1, 2012 - 8:31am | 52Limited Brands Inc (NYSE: LTD) reported an 8% rise in its February same-store sales. Analysts were expecting a rise of 6.2%. Its net sales for the four weeks ended February 25 dropped to $653.9 million, versus $670.9 million, in the year-ago period. LTD shares gained 0.04% to $46.55 in pre-...
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Financial Breakfast: Morning News Summary for March 1, 2012
Thursday, March 1, 2012 - 7:24am | 1008Thursday, March 1, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Roche's (OTC: RHHBY) Ventana Receives FDA Approval of INFORM HER2 Dual ISH Assay on the BenchMark ULTRA Limited Brands (NYSE:...
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Limited Brands February Comparable Store Sales up 8% YoY
Thursday, March 1, 2012 - 7:16am | 72Limited Brands, Inc. (NYSE: LTD) reported a comparable store sales increase of 8 percent for the four weeks ended Feb. 25, 2012, compared to the four weeks ended Feb. 26, 2011. The company reported net sales of $653.9 million for the four weeks ended Feb. 25, 2012, compared to net sales of $670.9...
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UPDATE: Credit Suisse Raises PT to $45 on Limited Brands
Friday, February 24, 2012 - 9:52am | 112Credit Suisse raises its price target on Neutral-rated Limited Brands (NYSE: LTD) to $45, up $1, on productivity enhancements and 2012 focus on returning cash to shareholders. Credit Suisse says, "Transitioning Square Footage To Higher Productivity Locations In Domestic Victoria's Secret Business...
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Benzinga's Top Pre-Market Losers
Thursday, February 23, 2012 - 8:41am | 128Prospect Capital Corporation (NASDAQ: PSEC) moved down 3.86% to $10.95 in the pre-market session. PSEC announced its plans to offer 12,000,000 shares of its common stock. Hewlett-Packard Company (NYSE: HPQ) shares fell 3.25% to $28.00 in the pre-market trading. Hewlett-Packard posted its adjusted...
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Limited Brands Announces $500M Share Repurchase Program
Wednesday, February 22, 2012 - 4:32pm | 39Limited Brands, Inc. (NYSE: LTD) today announced that it has completed its previously announced $250 million share repurchase program, and the board of directors has authorized a new $500 million share repurchase program.