-
Shares Surge 15% As Dillard's (DDS) Swings To Profit
Monday, March 1, 2010 - 12:53pm | 103Shares of Dillard's, Inc. (NYSE: DDS) surged after the department store operator reported that it had swung to a profit in the 4th quarter of 2009. Dillard's reported net income of $79.5 million, or $1.08 per share, compared to a net loss of $149.3 million, or $2.03 per share, a year earlier. For...
-
Kohl’s Corporation’s (KSS) Price Target Raised
Friday, February 26, 2010 - 8:47pm | 90Analyst Daniel Binder at Jefferies & Company, Inc. has raised the price target for Kohl’s Corporation (NYSE: KSS) from $60 to $62. According to Jefferies, the sharp rebound in the Kohl’s Corporation’s share price recently has put the company closer to its fair value, but with sales momentum on...
-
Thursday's Hot Stocks on Heavier Volume
Friday, February 26, 2010 - 11:14am | 1535With the major indices trading lower Thursday, there were 21 stocks which fought the trend and traded higher on heavier 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...
-
Kohl’s Corporation Posts Higher Profit Backed By Better Sales And Margins (KSS)
Thursday, February 25, 2010 - 5:12pm | 157Kohl’s Corp. (NYSE: KSS), operator of family-oriented departmental stores, posted a profit of $433 million or $1.40 per share for the quarter ended Jan 30, compared to $336 million or $1.10 per share for the same period in the previous year. The performance was driven by higher sales, which grew...
-
Kohl's (KSS) Reports 28% Rise In Profit
Thursday, February 25, 2010 - 2:12pm | 86Shares of Kohl's Corporation (NYSE: KSS) were up nearly 5% for the day in afternoon trading after the company reported a 28% increase in profit. Kohl's Corporation reported on Thursday 4th quarter net income of $431 million, or $1.40 per share, compared to a profit of $336 million, or $1.10 per...
-
Macy's CEO On Mad Money (M)
Thursday, February 25, 2010 - 1:40pm | 118Terry Lundgren, CEO of Macy's (NYSE: M), appeared on Mad Money's high noon segment with Jim Cramer. Lundgren said that Macy's (M) is a completely different company compared to a few years ago, as they now have a large national presence. He said that Macy's new line structure "is what has been...
-
Company News for February 25, 2010 - Corporate Summary
Thursday, February 25, 2010 - 10:42am | 173• HJ Heinz (NYSE:HNZ) beat Zacks estimates with fiscal third quarter results of 83 cents, ahead of Zacks estimates of 80 cents, on inline revenues of $2.68 billion • Newmont Mining (NYSE:NEM) sharply beat estimates with fourth quarter results of $1.13, well ahead of Zacks projections of 76 cents...
-
Top 5 Stocks For February 25, 2010 (BX, DPS, HNZ, KSS, GPS)
Thursday, February 25, 2010 - 9:03am | 253Some of the companies that may come into the limelight today are those that are reporting their results. While Blackstone Group (NYSE: BX), Dr. Pepper Snapple (NYSE: DPS), Heinz (NYSE: HNZ) and Kohl's (NYSE: KSS) are declaring their results before the bell, Gap (NYSE: GPS), Live Nation (NYSE: LYV...
-
Saks (SKS) Posts Better-Than-Expected Q4 Results
Wednesday, February 24, 2010 - 5:01pm | 94Saks (NYSE: SKS) reported a Q4 net loss of $4.6 million (3 cents per share), compared with a loss of $99.7 million (72 cents per share), in Q4 2008. Adjusted EPS was 6 cents versus the average analyst forecast of a loss of 2 cents per share.Overall Q4 sales fell 3.4% to $811.3 million, even though...
-
Saks Posts Better-Than-Expected Results (SKS)
Wednesday, February 24, 2010 - 4:35pm | 133Luxury retailer, Saks Inc. (NYSE: SKS) has reported better-than-expected Q4 results. It reported a net loss of $4.6 million for the fourth-quarter, down from a $99.7 million loss a year earlier. Its revenue for the quarter stood at $811.3 million, down by 3.4 percent. Its sales at stores open at...
-
Top 5 Stocks For February 24, 2010 (GIS, BBI, TOL, TA, SKS)
Wednesday, February 24, 2010 - 9:38am | 238Some of the stocks that are likely to remain in focus today are: General Mills (NYSE: GIS) is set to report its results for the latest quarter after the markets close. GIS is expected to post its earnings at $0.93 per share. GIS gained 0.56% to $72.28 in after hours trading. Wall Street analysts...
-
Macy’s, Inc. (M) Reports Better-Than-Expected Profits
Tuesday, February 23, 2010 - 6:01pm | 124Macy’s, Inc. (NYSE: M) has reported better-than-expected profits for the fourth-quarter. The company reported net income of $466 million or $1.10 per share for the fourth-quarter ended January 30. The company had a loss of $4.77 billion for the same period last year. The company saw sales decline...
-
Macy's Swings To A Profit (M)
Tuesday, February 23, 2010 - 2:26pm | 196Macy's (NYSE: M) reported their quarterly earnings this morning before the opening bell. The company earned net income of $466 million or $1.10 per share compared to a loss of $4.77 billion or $11.33 per share in last year's corresponding quarter. On an adjusted basis, excluding one time charges,...
-
KNOT Upgraded On Valuation
Tuesday, February 23, 2010 - 2:12pm | 137Analysts at ThinkEquity Partners upgrade The Knot Inc (NASDAQ: KNOT) from "hold" to "buy." Knot’s shares fell significantly following the Q4 earnings release due to a greater-than-expected negative impact from the Macy's (NYSE: M) renegotiation. “While the Macy's departure presents near-term...
-
Consumer Confidence Plummets (SBUX, M)
Tuesday, February 23, 2010 - 12:32pm | 164U.S. consumer confidence plummeted in February to its lowest level in 10 months as consumers continued to fret over a weak job market. The Conference Board, a private industry group, reported that its index of consumer attitudes fell to 46.0 in February from a revised 56.5 in January. Expectations...