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Macy's and Nordstrom to Open Near 52-Week Highs
Tuesday, October 25, 2011 - 7:04am | 312Lots of stocks hit 52-week highs yesterday as the markets rose. Among them were department store operator Macy's (NYSE: M) and fashion retailer Nordstrom (NYSE: JWN), which reached $31.37 and $53.35 per share, respectively, in Monday's trading session. Cincinnati-based Macy's reported strong...
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Is The Jobs Picture a Monet or a Picasso?
Friday, October 7, 2011 - 10:11am | 813The September Nonfarm Payroll report was released earlier this morning and while it was better than expected, the closer you get to it, the uglier it gets: much like a Monet. The report from the Bureau of Labor Statistics showed that 103,000 jobs were created during the month, significantly higher...
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Macy's, Inc. Same-Store Sales up 4.9% in September
Thursday, October 6, 2011 - 8:01am | 204Macy's, Inc. (NYSE: M) today reported total sales of $2.298 billion for the five weeks ended Oct. 1, 2011, an increase of 5.3 percent compared with total sales of $2.181 billion in the five weeks ended Oct. 2, 2010. On a same-store basis, Macy's, Inc. sales were up 4.9 percent in September. “We...
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Top 4 Stocks In The Department Stores Industry With The Highest Dividend Yield
Monday, October 3, 2011 - 4:17am | 125Below are the top department stores stocks on the NYSE and the NASDAQ in terms of dividend yield. J.C. Penney Company Inc (NYSE: JCP) has a dividend yield of 3.00%. JCP's shares closed at $26.78 on Friday. Macy's Inc (NYSE: M) has a dividend yield of 1.50%. Macy's shares closed at $26.32 on...
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Wind Energy Stock; Clean Wind Energy Tower, Inc. Transitions from a Research and Development Stage Company
Tuesday, September 27, 2011 - 11:34am | 951ANNAPOLIS, MD - September 27, 2011 (InvestorIdeas.com Newswire) - Clean Wind Energy Tower, Inc. (OTCBB: CWET), announced today that the Company is closing their internally staffed engineering office in Warrenton, Virginia and transitioning to a Development Team that will oversee and coordinate the...
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Fast Money Pops & Drops, September 26th (SINA, WYNN, AMD, M)
Monday, September 26, 2011 - 6:40pm | 200On CNBC's Fast Money, Tim Seymour said that he would be careful with SINA Corporation (USA) (NASDAQ: SINA), because the Chinese internet stocks are under pressure. SINA Corporation (USA) (SINA) fell 5.26% today. Guy Adami wouldn't own Advanced Micro Devices, Inc. (NYSE: AMD), although he believes...
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Macy's, Inc. to Hire 78,000 Seasonal Associates in 2011
Monday, September 26, 2011 - 9:04am | 60Macy's, Inc. (NYSE: M) today said it plans to hire approximately 78,000 seasonal associates for its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2011 holiday season. The hiring plan represents an increase of about 4 percent...
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Benzinga's Top Pre-Market Losers
Friday, September 23, 2011 - 8:47am | 104Pan American Silver Corp (NASDAQ: PAAS) dropped 5.85% to $27.20 in the pre-market trading. PAAS has a dividend yield of 0.30%. DryShips Inc (NASDAQ: DRYS) moved down 4.55% to $2.52 in the pre-market session. DRYS announced the details of the partial spin off of Ocean Rig UDW Inc. JDS Uniphase...
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Top Yielding Israeli Stocks
Monday, September 19, 2011 - 12:19am | 504One of the top IPOs in the United States last year was SodaStream International Ltd. (SODA), an Israeli company, which went public at $20 per share and has more than doubled. Sodastream manufactures and markets home beverage carbonation systems, which can turn tap water into sparkling water and...
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Sterne Agee Reiterates Buy On Nordstrom
Thursday, September 1, 2011 - 3:39pm | 112Sterne Agee is out with a research report on NORDSTROM INC. (NYSE: JWN) and it has a Buy rating and a $54 price target on shares. In a note to clients, Sterne Agee writes, "Bullet summary point 7% and the Rack increased By concept, Nordstrom increased Bullet 2 & 3 Bullet summary point 5%)...
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Retail Sales Round Up: Strong Despite Irene Impact
Thursday, September 1, 2011 - 9:22am | 652Retail sales were generally strong this morning, despite the impact from Hurricane Irene at the end of the month. As such, we are generally seeing a favorable reaction in pre-market trading to many of the names. Costco (NASDAQ: CSOT) shares reported August same-store-sales rose 11% year-over-year...
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Retail Sales Roundup
Thursday, September 1, 2011 - 9:12am | 720Stage Stores Inc (NYSE: SSI) reported a 1.7% drop in its August sales at stores open at least one year. Analysts were expecting same-store sales to surge 0.5%. Stage Stores' total sales for the four weeks ended August 27 declined 0.9% to $113 million. Wet Seal Inc (NASDAQ: WTSLA) reported a 5.5%...
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Kohl's Corporation Reports Comparable Store Sales Decreased 1.9% From The Four-week Month Ended August 28, 2010
Thursday, September 1, 2011 - 8:32am | 131Kohl's Corporation (NYSE: KSS) reported today that for the four-week month ended August 27, 2011 total sales decreased 0.1 percent and comparable store sales decreased 1.9 percent from the four-week month ended August 28, 2010. Year to date, total sales increased 2.9 percent and comparable store...
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J. C. Penney Company August Comparable Store Sales -1.9%
Thursday, September 1, 2011 - 8:31am | 49J. C. Penney Company, Inc. (NYSE: JCP) reported today that its comparable store sales for the four-week period ended Aug. 27, 2011, decreased 1.9 percent compared to a 2.3 percent increase in the same period last year. Total Company sales decreased 4.5 percent for the month.
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Nordstrom August Same-Store Sales +6.7%
Thursday, September 1, 2011 - 8:28am | 90Nordstrom, Inc. (NYSE: JWN) today reported a 6.7 percent increase in same-store sales for the four-week period ended August 27, 2011 compared with the four-week period ended August 28, 2010. Preliminary total retail sales of $691 million for August 2011 increased 12.4 percent compared with total...