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Late Market Roundup (JWN, ZUMZ, WTSLA, ANF, UAUA, DAL, CAL, TSN, C, BAC, MCO)
Thursday, September 2, 2010 - 1:52pm | 414US retail stocks increased their gains, as companies reported strong sales driven by a rise in promotions. Nordstrom Inc (NYSE: JWN) gained the most after reporting upbeat same-store sales. Shares of Zumiez Inc (NASDAQ: ZUMZ) and Wet Seal Inc (NASDAQ: WTSLA) also moved up after the retailers...
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JC Penney Surges On Better-Than-Expected Rise In August Same-Store-Sales
Thursday, September 2, 2010 - 11:44am | 73Shares of JC Penney Co (NYSE: JCP) moved up after better-than-expected increase in its August sales. JCP’s August sales at stores open at least one year increased 2.3%, beating the analysts’ expectations of 1.6%. The company’s total sales also rose 0.8% to $1.44 billion. JC Penney’s shares gained...
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Top Performing Industries For September 2 (PIR, MNI, SSRI, JWN)
Thursday, September 2, 2010 - 11:13am | 218At 11:00 am, the Dow gained 0.20% to 10,290.17, the broader Standard & Poor's 500 index moved up 0.57% to 1,086.44 and the NASDAQ composite index rose 0.72% to 2,192.50. The industries that are driving the market today are: Home Furnishing Stores: This industry jumped 3.84% by 11:00 am. The top...
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Macy's Gains On Rise In August Same-Store Sales
Thursday, September 2, 2010 - 10:54am | 83Shares of Macy's Inc (NYSE: M) rose after the company posted better-than-expected rise in its August same-store sales. M’s same-store sales for the month of August increased 4.3%, up from expected rise of 4%. The company’s total sales moved up 6.2% to $1.64 billion. Macy’s said, "Our back-to-...
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News Summary (PBR, BKC, JWN)
Thursday, September 2, 2010 - 10:37am | 155Shares of petroleum producers and natural gas producers moved up today. Brazilian oil giant Petrobras (NYSE: PBR) rose about 1.8%. The NYSE Arca Oil Index (XOI) gained about 0.58%, while the NYSE Arca Natural Gas Index (XNG) rose about 0.25%. The Philadelphia Oil Service Index (OSX) moved up about...
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BONT Same Store Sales Disappoint; Shares Plunge
Thursday, September 2, 2010 - 9:57am | 79The Bon-Ton Stores Inc (NASDAQ: BONT) announced on Thursday a 4.6% decline in its same-store sales for August. The market was expecting the company to report flat sales at stores open at least one year. BONT said its total sales for the four weeks ended August 28 had plunged 5% to $187.2 million....
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DDS Shares Rise After Same Store Sales Beat Expectations
Thursday, September 2, 2010 - 9:51am | 80Dillard's Department Stores Inc (NYSE: DDS) announced on Thursday flat same-store sales for August. The market was expecting the company to post a 0.5% decline in its August sales at stores open at least one year. DDS said its total sales for the four weeks ended August 28 declined to $426.8...
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SKS Reports Disappointing Same Store Sales
Thursday, September 2, 2010 - 9:42am | 89Saks Inc (NYSE: SKS) announced on Thursday a 1% rise in its same-store sales for August. This was much lower than what analysts had been projecting. SKS said its total sales for the month were down to $159.3 million, from $160.7 million in August 2009. The company expects its comparable store sales...
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KSS Shares Up After Comparable Sales Beat Forecast
Thursday, September 2, 2010 - 9:20am | 65Kohl's Corp (NYSE: KSS) has announced a 4.5% jump in its same-store sales in August. This was significantly higher than the analyst expectations. KSS also posted a 7.7% jump in its total sales to $1.42 billion. Shares of Kohl’s rose 1.03% to $48.90 in premarket trading. Read more from Benzinga's...
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Options Active in Housing Stocks: Lennar (NYSE:LEN) and D.R. Horton (NYSE:DHI)
Thursday, September 2, 2010 - 9:10am | 1666The OptionsHouse Hotlist is a scan of unusual option volume throughout each trading day. The Hotlist is accessible by all OptionsHouse customers, including those with virtual trading accounts. Housing stocks saw some attention from option traders Wednesday after Tuesday’s Case-Shiller data...
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US Stock Futures Remain On The Sidelines
Thursday, September 2, 2010 - 8:53am | 315US stock futures are largely flat on Thursday, after having risen significantly on Wednesday due to improving economic data. Investors are now looking forward to data on the weekly unemployment insurance claims. Futures for the Dow Jones Industrial Average were down 6 points at 10,266, while those...
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Kohl's Corporation Reports 7.7% Increase in August Sales (KSS)
Thursday, September 2, 2010 - 8:52am | 54Kohl’s Corporation (NYSE: KSS) reported today that total sales for the four-week month ended August 28, 2010 increased 7.7 percent over the four-week month ended August 29, 2009. On a comparable store basis, August sales increased 4.5 percent. Year to date, total sales increased 9.0 percent and...
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JCPenney Reports August Sales Increased 2.3 % (JCP)
Thursday, September 2, 2010 - 8:36am | 47J. C. Penney Company, Inc. (NYSE: JCP) reported comparable store sales for the four-week period ended Aug. 28, 2010, increased 2.3 percent over the same period last year, in line with the Company’s expectations. Total Company sales in August increased 0.8 percent.
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Nordstrom Reports 6.3% Increase in August Sales
Thursday, September 2, 2010 - 8:28am | 90Nordstrom, Inc. (NYSE: JWN) today reported a 6.3 percent increase in same-store sales for the four-week period ended August 28, 2010 compared with the four-week period ended August 29, 2009. Preliminary total retail sales of $615 million for August 2010 increased 13.6 percent compared with total...
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The Bon-Ton Stores, Inc. Announces August Sales (BONT)
Thursday, September 2, 2010 - 7:35am | 63The Bon-Ton Stores, Inc. (NASDAQ: BONT) today announced comparable store sales for the four weeks ended August 28, 2010 decreased 4.6%. Total sales for the four weeks decreased 5.0% to $187.2 million compared with $197.0 million for the prior year period. Year-to-date comparable store sales...