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Stock Market News for November 12, 2010 - Market News
Friday, November 12, 2010 - 10:33am | 1011Sharp differences among global leaders over trade policies and a flaring currency dispute that was keeping investors on toes lost some significance on Thursday as Cisco System's disappointing outlook surprised the market and sent stocks lower. The Dow average plunged more than 126 points before...
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J.C. Penney Down 2% Despite Earnings Beat (JCP)
Friday, November 12, 2010 - 10:23am | 133J.C. Penney Company, Inc. (NYSE: JCP) is down nearly 2% in pre-market trading, despite reporting better than expected earnings, and raising full year guidance. J.C. Penney reported earnings of 19 cents per share in the third quarter, on revenues of $4.19 billion. Same store sales rose 1.9%. Wall...
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Dillard's, Inc. Reports Third Quarter EPS Of $0.22
Friday, November 12, 2010 - 9:06am | 79Dillard's, Inc. (NYSE: DDS) announced operating results for the 13 weeks ended October 30, 2010. Dillard's reported pretax income before income taxes and equity in losses of joint ventures) of $21.5 million for the 13 weeks ended October 30, 2010 compared to a $2.8 million pretax loss for the 13...
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JCPenney Reports 3Q Results
Friday, November 12, 2010 - 8:51am | 396J. C. Penney Company, Inc. (NYSE: JCP) reported net income of $44 million dollars or $0.19 per share for the quarter ended Oct. 30, 2010, compared to $0.11 per share in last year's third quarter. Comparable store sales were positive for the third consecutive quarter, increasing 1.9 percent over...
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Earnings Scheduled For November 12 (DHI, JCP, WEN, A, CPC, CTFO)
Friday, November 12, 2010 - 4:03am | 165D.R. Horton (NYSE: DHI) is expected to report FQ4 loss at $0.04 per share on revenue of $854 million. J.C. Penney Company Inc (NYSE: JCP) may post its earnings at $0.17 per share on $4.21 billion in revenue for the third quarter. Wendys/Arbys Group Inc (NYSE: WEN) is projected to report its Q3 EPS...
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Stocks To Watch For November 12 (CPKI, A, DIS, JCP, NVDA)
Friday, November 12, 2010 - 3:57am | 250Some of the stocks that may grab the investor focus today are: California Pizza Kitchen (NASDAQ: CPKI) swung to Q3 loss of $0.31 per share, from a profit of $0.24 per share, in the year-ago period. Excluding one-time items, the company would have earned $0.23 per share in the same period. The...
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Dillard's October Sales Slip - Analyst Blog
Thursday, November 11, 2010 - 5:03pm | 369Fashion apparel and home furnishing retailer Dillard's Inc.'s (DDS) comparable-stores sales dropped 1% for the four weeks ended October 30, 2010. Net sales for the same period also fell 2% year over year to $356.1 million. October comparable-store sales results showed an improvement from the 8...
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Earnings Preview: J.C. Penney - Analyst Blog
Thursday, November 11, 2010 - 1:33pm | 705J.C. Penney Company Inc. (JCP) is slated to report its third-quarter 2010 financial results before the bell on Friday, November 12, 2010. The current Zacks Consensus Estimate for the quarter is 17 cents a share. For the quarter to be reported, the Zacks Consensus Estimate for revenue is $4,227...
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Zacks Bull and Bear of the Day Highlights: Biogen Idec, Greatbatch, Macy's, Jamba and Gentiva Health Services - Press Releases
Thursday, November 11, 2010 - 11:33am | 2051For Immediate Release Chicago, IL – November 11, 2010 – Zacks Equity Research highlights: Biogen Idec (BIIB) as the Bull of the Day and Greatbatch (GB) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Macy's Inc. (M), Jamba Inc. (JMBA) and Gentiva Health Services Inc...
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Kohl's Posts In-Line Earnings; Issues $1Billion Share Repurchase
Thursday, November 11, 2010 - 10:51am | 176Kohl's(NYSE: KSS) released an in-line 3Q EPS result and announced a plan to initiate a $1.0 billion accelerated share repurchase program in short order Net/net, while inventory levels were a tad heavy and we didn't like to see the upward revision to the 1x charge, we think the combination of the 4Q...
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Company News for November 11, 2010 - Corporate Summary
Thursday, November 11, 2010 - 10:36am | 888• Wal-Mart (NYSE: WMT) said it will offer free shipping on its website through December 20 • Research In Motion (NASDAQ: RIMM) said it will offer its BlackBerry PlayBook tablet computer for less than $500, a move likely to undercut prices for Apple's (NASDAQ: AAPL) winning iPad • Cisco (NASDAQ:...
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Deutsche Bank Sees Benefit To Macy's
Thursday, November 11, 2010 - 9:45am | 135Deutsche Bank has published a research report on Macy's Inc. (NYSE: M) following the company's report of solid expense management that was of great benefit in the 3Q. In the report, Deutsche Bank writes "Q3 EPS of $0.08, ex-items, was $0.03 above Consensus. Despite the beat, the recently-raised H2...
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Stocks To Watch For November 11 (CSCO, NVDA, KSS, DIS, CPKI)
Thursday, November 11, 2010 - 4:03am | 218Some of the stocks that may grab the investor focus today are: Cisco Systems Inc (NASDAQ: CSCO) reported its FQ1 profit at $0.34 per share, up from $0.30 per share, in the year-ago quarter. The company's adjusted income came in at $0.42 per share. CSCO's revenue increased to $10.75 billion, versus...
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Spreads Around Earnings 11-10-2010
Wednesday, November 10, 2010 - 6:56pm | 989Cusick's Corner While a 15 point range in the December E-Mini S&P futures was a nice trading day for scalpers, it was a thorny consolidation for investors. As noted in the past two Corners, there have been few major catalysts to get the market moving in one direction or the other. The market...
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Macy's Tops, Ups Outlook - Analyst Blog
Wednesday, November 10, 2010 - 12:03pm | 582Macy's Inc. (M), one of the leading department store retailers in the United States, recently posted third-quarter 2010 results that topped the Zacks expectations. The quarterly earnings of 8 cents a share outperformed the Zacks Consensus Estimate of 3 cents, and rose substantially from a loss of...