General Merchandise Stores

US stock futures are slightly lower this morning, as investors are awaiting jobless claims data. Shares of Apple Inc (NASDAQ: AAPL) dropped about 4.5% in pre-market trading following the resignation of Chief Executive Officer Steve Jobs. Futures for the Dow Jones Industrial Average dropped 12...

Krispy Kreme Doughnuts Inc (NYSE: KKD) is expected to report its Q2 EPS at $0.06 on revenue of $92.26 million. Hormel Foods Corporation (NYSE: HRL) is estimated to report its Q3 EPS at $0.35 on revenue of $1.87 billion. Shoe Carnival Inc (NASDAQ: SCVL) is projected to report its Q2 EPS at $0.30...

Some of the stocks that may grab investor focus today are: Wall Street expects Hormel Foods Corporation (NYSE: HRL) to report its Q3 EPS at $0.35 on revenue of $1.87 billion. HRL shares rose 0.39% to close at $28.44 yesterday. Guess Inc (NYSE: GES) reported its FQ2 net profit at $60.7 million, or...

Wedbush has published a research report on Fred's (NASDAQ: FRED) lowering the price target. In the report, Wedbush wrote, "Previously reported, Q2 comps were down 0.4%, below our forecast for flat and guidance for up 1%-2%. Q2 sales were up 1% to $453 million, below our/consensus forecasts of $455...

Wedbush Securities has lowered the price target on Fred's (NASDAQ: FRED) from $14 to $12.50 and maintains its Neutral rating.

Wedbush is out with a research report on Big Lots (NYSE: BIG) and it has a Neutral rating and a $32 price target on shares. In a note to clients, Wedbush writes, "We maintain our NEUTRAL rating based ongoing fundamental merchandising issues which are weighing on performance. The stock is trading...

Shares of Tuesday Morning (NASDAQ: TUES) are trading higher in the after-hours following the release of the company's Q4 earnings results. Currently, shares are bid $3.56, at $3.89; they ended the regular session lower by 1.45%, at $3.40. Tuesday Morning reported Q4 EPS of ($0.03) on revenues of...

Tuesday Morning Corporation (Nasdaq: TUES) board of directors has authorized the company to repurchase up to $5 million of the company's common stock. Repurchases will be made in accordance with applicable securities laws from time to time in open market or private transactions, depending on market...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Bad Economy Good for Dollar Tree, PriceSmart More people are shopping at discount retailers due to the difficult economy and that's translating into sales, says Brian Lazorishak, manager of the Chase Mid-Cap...

Pharmaceutical Product Development (NASDAQ: PPDI) +8.98 99 Cents Only Stores (NYSE: NDN) +8.50% on reports about a potential bid by Apollo. Williams-Sonoma (NYSE: WSM) +7.38% after positive comments by Merriman. Clearwire (NASDAQ: CLWR) +7.97% ATP Oil & Gas (NASDAQ: ATPG) +6.90%

Private equity firm Apollo Global Management (NYSE: APO) is getting ready to buy discount chain 99-Cent Only Stores (NYSE: NDN), according to sources speaking to the New York Post. The Schiffer-Gold family, owners of one-third of the shares, has indicated it is willing to team up with the highest...

Benchmark has published a research report on Big Lots (NYSE: BIG) previewing Q2 earnings. In the report, Benchmark wrote, "Given the solid balance sheet, cash flow, profitability, improving store base, and expanding customer base, which could lead to years of revenue growth, along with possible...

Goldman Sachs is out with a research report on Dollar Tree Stores, Inc. (NASDAQ: DLTR) and it has a Neutral rating and a $72 price target on shares. In a note to clients, Goldman Sachs writes, "While comps have slowed, we believe DLTR is likely to be viewed as a safe haven in today's uncertain...

Morgan Stanley has published a research report on Target Corp (NYSE: TGT). In the report, Morgan Stanley wrote, "Target's analyst meeting revealed stronger long-term earnings power from its entry into Canada, but deeper and longer startup cost dilution. Net-net, we view this as a positive. With...

Piper Jaffray is out with its report today on Target (NYSE: TGT), raising its PT to $62 from $60. In its report, Piper Jaffray writes, "While near-term EPS growth is limited by start up costs, we believe solid near-term U.S. retail results, management's commitment to returning cash to shareholders...