-
JWN Misses Q4 Marginally On Weakness In Credit Card Segment
Tuesday, February 23, 2010 - 11:49am | 135Analysts at Atlantic Equities maintain their "neutral" rating on Nordstrom (NYSE: JWN), while raising their estimates for the company. According to Atlantic Equities, Nordstrom has reported its Q4 EPS marginally short of the estimates and the consensus due to lower than expected credit card...
-
Company News for February 23, 2010 - Corporate Summary
Tuesday, February 23, 2010 - 10:12am | 285• Home Depot (NYSE:HD) announced its first dividend increase since 2006 after reporting better-than-expected earnings of 24 cents a share, versus Zacks consensus of 16 cents a share, on revenues of $14.57 billion, ahead of Zacks estimates of $14.05 billion. The company said it sees 2010 earnings...
-
Stock Market News for February 23, 2010 - Market News
Tuesday, February 23, 2010 - 10:07am | 440U.S. stocks ended an erratic session lower as investors made cautious moves after a four-day long rally. Schlumberger’s announcement that it will acquire rival Smith International failed to lift the markets as big consumer companies came out with tepid outlook. The Dow Jones industrial average...
-
Benzinga’s Top Pre-Market Gainers (HD, M, IMMU, TXIC, FDML)
Tuesday, February 23, 2010 - 9:51am | 347The Home Depot, Inc. (NYSE: HD) reported today a fourth-quarter net earnings of $342 million, or $0.20 per share, as compared to a net loss of $54 million, or a $0.03 loss per share, for the same period last year. Net sales were $14.57 billion, as compared to $14.61 billion in the year ago period....
-
Macy's Reports Q4 EPS of $1.40 versus $1.37 (M)
Tuesday, February 23, 2010 - 9:10am | 124Macy's Inc. (NYSE: M) just reported their earnings for last quarter beating the Q4 EPS consensus of $1.34 by $0.06. The $1.40 EPS is better than last year's Q4 EPS of $1.37. Guidance for earnings per diluted share in fiscal 2010 is $1.55 to $1.60. Capital expenditures for the year are expected to...
-
Sears (SHLD) Income Beats Forecasts
Tuesday, February 23, 2010 - 8:32am | 99Sears Holdings Corporation (Nasdaq: SHLD) reported that improved sales at its Kmart stores have led to a rise of net income to $430 million, or $3.74 per share, up from $190 million, or $1.55 per share, a year earlier. Adjusted earnings per share were $3.69, up from $2.94 per share a year earlier....
-
Best Deals For February 23, 2010 As Believed By Fast Money Final Trade (F, HMY, MYL, SKS, RSH, S)
Tuesday, February 23, 2010 - 8:26am | 245According to Fast Money Final Trade on CNBC, today’s best trades are likely to be the following: Ford Motor (NYSE: F): Joe Terranova believes that investors should take a long position on F. F’s shares fell 0.18% to $11.19 in after hours trading. Harmony (NYSE: HMY): According to Tim Seymour,...
-
Top 5 Stocks For February 23, 2010 (BKS, PZZA, MIL, TMO, M)
Tuesday, February 23, 2010 - 7:21am | 271Despite the takeover news jolting the markets, trading remained lackluster throughout the day. Trading remained in a tight range until selling pressure pushed the stocks in the negative, as concerns over the upcoming statement by Ben Bernanke counteracted the bullish news. While the DJIA tumbled 18...
-
Sears Holding To Report Earnings Tuesday (SHLD)
Tuesday, February 23, 2010 - 1:30am | 165Eddie Lampert's Sears Holdings Corp. (NASDAQ: SHLD) will be reporting their quarterly earnings Tuesday morning. Wall Street analysts are anticipating that the company will report earnings per share of $3.54 versus $2.94 in the year ago period. In Monday's trading, Sears (SHLD) gained 0.65% to close...
-
Fast Money Picks For February 23rd (F, HMY, MYL, SKS)
Monday, February 22, 2010 - 7:46pm | 135CNBC's Fast Money Tim Seymour said in the segment of the show called Final Trade that he would buy Harmony Gold Mining Co. (ADR) (NYSE: HMY) on Tuesday. Harmony (HMY) fell 1.51% and closed at $9.14 today. Joe Terranova likes Ford Motor Company (NYSE: F), while Pete Najarian recommends Mylan Inc. (...
-
Nordstrom Misses Estimates, Shares Falling After Hours (JWN)
Monday, February 22, 2010 - 5:41pm | 106Nordstrom (NYSE: JWN) has just released their fiscal Q4 numbers, and the stock is falling after hours in the wake of this earning report. Nordstrom (JWN) posted net income of $172 million or $0.77 per share compared to $68 million or $0.31 per share in the same quarter last year. Wall Street...
-
Nordstrom Disappoints, Shares Fall (JWN)
Monday, February 22, 2010 - 5:33pm | 144Nordstrom, Inc. (NYSE: JWN) reported fourth quarter net income of $172 million, or $0.77 per share, today after the close. This compares with net income of $68 million, or $0.31 per share, for the same quarter last year. Analysts were looking for earnings of $0.79 per share. Net revenue at...
-
How To Trade The $33 Price Target On JC Pennys (JCP)
Monday, February 22, 2010 - 12:45pm | 214Shares of J.C. Penny Company, Inc. (NYSE: JCP) are up slightly today to $27.70 per share (+0.14%) after Erika K. Maschmeyer, CFA set at $33 price target on the company's shares. JCP shares have traded between $13.71 - $37.21 over the last 52-weeks. We think that this could be a company worth...
-
Guidance Of JWN Not A Concern
Monday, February 22, 2010 - 12:21pm | 134Analysts at Piper Jaffray maintain their "overweight" rating on Nordstrom Inc (NYSE: JWN). The target price for JWN is set to $47. According to Piper Jaffray, Nordstrom is witnessing a solid recovery in top-line trends due to a good blend of improved private label offerings along with price-...
-
Top 5 Stocks For February 22, 2010 (INTU, TXRH, JWN, LOW, CPB)
Monday, February 22, 2010 - 8:43am | 303Intuit (NASDAQ: INTU) has reported strong earnings for its fiscal second quarter, beating the Wall Street expectations. After gaining 7.92% to close at $32.72, INTU’s shares have lost 0.08% in after hours trading. Read more about this company here. The family dining steak king, Texas Roadhouse Inc...