Automotive Retail

Best 1) Temple-Inland (NYSE: TIN): Trading up 41.3% from yesterday's close to $29.67. International Paper put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar (NASDAQ: WEST): Trading up 28...

Best 1) Temple-Inland (NYSE: TIN): Trading up 39.8% from yesterday's close to $29.37. International Paper (NYSE: IP) put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar (NASDAQ: WEST):...

The Talbots Inc (NYSE: TLB) shares moved down 31.90% to $3.01 at 9:55 am. TLB swung to Q1 profit, but reported that Q2 sales are weak. First Financial Service Corporation (NASDAQ: FFKY) dipped 19.21% to $2.86. FFKY's trailing-twelve-month profit margin is -50.19%. Pep Boys-Manny, Moe & Jack...

US stock futures are higher this morning, as investors are awaiting a speech by Federal Reserve Chairman Ben Bernanke. Futures on the Dow Jones Industrial Average surged 52 points to 12,139.00 and futures on the S&P 500 stock index rose 6.80 points to 1,291.80. Nasdaq 100 futures gained 9.25...

Some of the stocks that may grab investor focus today are: Wall Street expects Navistar International Corporation (NYSE: NAV) to report its Q2 EPS at $1.17 on revenue of $3.30 billion. NAV shares gained 0.08% to $62.92 in after-hours trading. Temple-Inland Inc (NYSE: TIN) rejected a $3.3 billion...

Shares of The Pep Boys-Manny, Moe & Jack (NYSE: PBY) are falling in the after-hours trade following the release of the company's Q1 earnings results. Currently, shares are off by 10.22%, trading at $12.12; they closed the regular session lower by 0.07%, at $13.50. The Pep Boys-Manny, Moe...

This is your Benzinga news summary and trader's outlook for Monday, June 6, 2011, covering headlines from the weekend and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are still trading slightly lower after Friday's disappointing employment data. The U.S....

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket retailer of parts, batteries, accessories and maintenance items, announced today that it has entered into a new $750 million unsecured revolving credit facility, maturing in May 2016. This facility replaces the Company's...

Citi is out with its report today on AutoZone (NYSE: AZO), maintaining Hold. In a note to clients, Citi writes, "AutoZone appears to have side stepped some of issues that have weighed on competitors recently. We believe that as industry headwinds continue to mount, effective sales execution in...

Credit Suisse commented on Advance Auto Parts (NYSE: AAP) in a report released Thursday. In the report, Credit Suisse was mixed in its assessment. Credit Suisse writes, "The bottom line is that we expect AAP's relative EPS growth to slow which may limit the stock's upside potential in the near-...

Big Lots Inc (NYSE: BIG) is projected to report its Q1 earnings at $0.69 per share on revenue of $1.23 billion. Fred's Inc (NASDAQ: FRED) is expected to post its Q1 EPS at $0.24 on revenue of $485.05 million. Tiffany & Co (NYSE: TIF) is projected to report its Q1 EPS at $0.57 on revenue of $...

Citigroup has lowered the price target on Advance Auto Parts (NYSE: AAP) from $70 to $65 and maintains its Hold rating.

According to J.P. Morgan, AutoZone (NYSE: AZO) delivered a solid quarter with comps up 5.3% and solid margin expansion. J.P. Morgan said that this compares to recent same-store sales results from competitors AAP at 1.3% and ORLY at 5.7% and suggests AZO is gaining share as growth in the...

Goldman Sachs is out with its report today on Autozone (NYSE: AZO), raising its PT from $262 to $292. In a note to clients, Goldman Sachs writes, "We base our 12-month price target on a blend of 75% EV/EBITDA and 25% DCF. We raise our price target to $292 from $262 on our higher estimates and cash...

JP Morgan has raised the price target on AutoZone (NYSE: AZO) from $240 to $265 and maintains its Neutral rating.