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J. C. Penney Sales Rise - Analyst Blog
Wednesday, September 8, 2010 - 9:39am | 484J. C. Penney Company Inc. (JCP), a leading retailer of apparel, footwear, accessories, fashion jewelry, beauty products, and home furnishings, recently reported its sales results for the four-week period ended August 28, 2010. The company’s comparable-store sales for August 2010 climbed 2.3%,...
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Potash (NYSE:POT) sees short-term bullish attention
Wednesday, September 8, 2010 - 9:19am | 1342Potash (NYSE:POT) outperformed the market yesterday after the rumor mills reignited with takeover speculation. The latest theory is that Sinochem could be interested in acquiring the agro-chemical company. The shares closed up more than half a percent at $149.49. Notably active on the options...
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Bullish options strategy in Ford Motor (NYSE:F)
Wednesday, September 8, 2010 - 9:14am | 1435Ford Motor (NYSE: F) shares drifted lower along with the broader market Tuesday, down roughly 2.2% to $11.80, breaching the 12 strike. Perhaps seeing this is a buying opportunity, a large-scale investor put on a bullish intermediate-term trade to bank on upside through the end of the year. The...
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TIPS and Inflation - Analyst Blog
Tuesday, September 7, 2010 - 6:06pm | 1840Interest rates have three major parts. The first is what is known as the real interest rate, or how much the market is willing to pay you to defer your consumption of goods and services into the future. The second part is an expected rate of inflation. After all, if you want to defer buying a car...
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Kohl's August Sales Rise - Analyst Blog
Tuesday, September 7, 2010 - 11:09am | 572Departmental store operator Kohl's Corporation (KSS) reported a 4.5% hike in its comparable-store sales for the four-week month ended August 29, 2010, ahead of Street expectations of 2.6%. Total revenue for the month rose 7.7% to $1.42 billion as compared with $1.32 billion in the year-ago period...
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Nordstrom's August Sales Up - Analyst Blog
Tuesday, September 7, 2010 - 9:33am | 567Nordstrom Inc. (JWN), one of the leading players in the highly fragmented specialty retail sector, reported total sales of $615.0 million for the month of August 2010, up 13.6% from $160.2 million in the year-ago period. The company’s comparable store sales grew 6.3% for the month, ahead of the...
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A Peek Into The Market Before The Trading Starts
Tuesday, September 7, 2010 - 9:17am | 558Pre-open movers US stock futures are signaling a lower start on the Wall Street today, after a long holiday weekend. Shares of Barclays Plc (NYSE: BCS) might suffer after the company named its new chief executive. Futures on the Dow Jones Industrial Average dropped 51.00 points to 10,385, while S...
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Deutsche Bank Reiterates Buy Rating on Kohl's (KSS)
Tuesday, September 7, 2010 - 8:23am | 197Deutsche Bank is out with a research report this morning, where it reiterates its Buy rating on Kohl’s (NYSE: KSS); it has a $67.00 price target on the stock. The DB analysts cited the company’s high cash balance of $2.5 billion, which has been driven by solid operating performance, gaining of...
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Zacks Bull and Bear of the Day Highlights: O'Reilly Automotive, J.C. Penney, McDonald, Abercrombie & Fitch and Petrobras - Press Releases
Tuesday, September 7, 2010 - 8:06am | 2133For Immediate Release Chicago, IL – September 7, 2010 – Zacks Equity Research highlights O'Reilly Automotive (ORLY) as the Bull of the Day and J.C. Penney Co. (JCP) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on McDonald (MCD), Abercrombie & Fitch (ANF) and...
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GLOBAL MARKET BRIEF SEPT 7th Mid-Day GMT: Stocks, Commodities, Forex -EU Crisis Back Again
Tuesday, September 7, 2010 - 6:07am | 2391Overview: A classic EU sovereign debt/banking crisis fear inspired risk aversion day, slamming risk assets, especially the EUR. Sparked by a WSJ report that July bank stress tests understated PIIGS bond exposure. This is old new, but comes at a sensitive time as PIIGS seek to sell $80 bln in bonds...
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J.C. Penney Co., Inc. (JCP) - Bear of the Day
Tuesday, September 7, 2010 - 2:03am | 176We believe that J.C. Penney Co. (JCP) will remain under pressure in the near term. Despite the introduction of new product lines, sales performance has not been impressive. J.C. Penney hinted that the discontinuation of the publishing of Big Book catalogs in November 2009 has been adversely...
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GLOBAL MARKET BRIEF SEPT 6th Mid-Day GMT: Stocks, Commodities, Forex -Rally Continues
Monday, September 6, 2010 - 4:58am | 1689Overview: Risk appetite continuing thus far Monday across the range of risk assets, only oil lower but stocks, commodities, risk fx higher. NB: US markets closed, beware BoJ, SNB intervention attempts as low liquidity would make it relatively easy for them get crowded longs running for the exits to...
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Options active in Collective Brands (NYSE:PSS) and Dollar Tree (NASDAQ:DLTR)
Friday, September 3, 2010 - 3:19pm | 1753The OptionsHouse Hotlist scans for unusual option activity each trading day. The Hotlist is available for all OptionsHouse customers, including those with virtual trading accounts. Today, the Hotlist has flagged some interesting option trading activity in two retailing names. Collective Brands (...
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Stock Market News for September 3, 2010 - Market News
Friday, September 3, 2010 - 9:36am | 1021Stocks added to the gains from the previous session after better-than-expected retail and housing numbers helped boost confidence in the economy. However, caution ahead of today’s monthly payroll data restrained traders from making big moves. As traders chose to play it safe, volume dipped sharply...
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All Eyes on Gov't Payroll Report Tomorrow - Voice of the People
Thursday, September 2, 2010 - 5:42pm | 786Zacks' Voice of the People Highlights user inthemoneystocks: "All Eyes on Gov't Payroll Report Tomorrow" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post All Eyes on Gov't Payroll Report Tomorrow Yesterday the major stock market...