General Merchandise Stores

Staples Inc (NASDAQ: SPLS) reported downbeat first-quarter results and lowered its profit projections for the year. The group's net profit surged 5% to $198.2 million, or $0.28 per share, from $188.8 million, or $0.26 per share, in the year-earlier period. Its revenue increased 1.9% to $6.17...

Target Corp (NYSE: TGT) reported a 2.7% rise in its fiscal first-quarter profit on Wednesday. The retailer's Q1 profit surged to $689 million, or $0.99 per share, from $671 million, or $0.90 per share, in the year-earlier period. Its sales climbed 2.8% to $15.6 billion, while credit card revenue...

Target (NYSE: TGT) is trading slightly higher today after reporting a first-quarter EPS of $0.99 versus the $0.94 Street estimate. Revenues came in at $15.93B versus the $16.02B Street estimate. Same-store sales came in at +2.0%, slightly below expectations. Target reported net earnings of $689...

US stock futures are higher this morning, after upbeat earnings from Dell Inc (NASDAQ: DELL). Investors are awaiting the minutes from the meeting of the US Federal Reserve. Futures on the Dow Jones Industrial Average surged 32 points to 12,469.00 and futures on the S&P 500 stock index rose 3.20...

BJ's Wholesale Club Inc (NYSE: BJ) is estimated to post its Q1 earnings at $0.56 per share on revenue of $2.82 billion. Deere & Company (NYSE: DE) is projected to report its Q2 EPS at $2.06 on revenue of $8.14 billion. Target Corp (NYSE: TGT) is estimated to report its Q1 earnings at $0.94...

Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company (NYSE: DE) to report its Q2 EPS at $2.06 on revenue of $8.14 billion. DE shares gained 0.66% to $87.53 in after-hours trading. Dell Inc (NASDAQ: DELL) reported its fiscal first-quarter net income at...

Shares of defensive names like Altria (NYSE: MO), The Procter & Gamble Company (NYSE: PG) and Target Corporation (NYSE: TGT) are higher today, as the broader equity market appears to be in a correction. When the equity markets correct, defensive names, like the aforementioned, tend to...

Target (NYSE: TGT) is expected to announce its Q1 earnings results on Wednesday, May 18, before the markets open. Analysts expect earnings per share to be $0.94, or 4.4% higher than in the same period last year. The Street's estimate was reduced a number of times recently, however. In the last 30...

Morgan Stanley is out with its report today on Dollar Tree (NASDAQ: DLTR), maintaining Neutral. In a note to clients, Morgan Stanley writes, "DLTR has rallied ~25% since its 1Q EPS report and sentiment has swung from negative to positive. DLTR's multiple has expanded to 16x from 13x as the market...

Shares of Dollar Tree, Inc. (NASDAQ: DLTR) are higher on the session by 2.01%, trading at $60.96. Overall call volume is now running at 3.90x the daily average, with 64% of all calls traded being purchases on the offer. 2,313 contracts have traded on the session so far. Dollar Tree, Inc. is an...

Symantec Corp (NASDAQ: SYMC) shares surged 2.94% to create a new 52-week high of $19.98. SYMC reported upbeat FQ4 earnings. Churchill Downs Incorporated (NASDAQ: CHDN) shares reached $45.08 to create a new 52-week high, before falling to $44.91, representing a 1.61% gain. CHDN narrowed its Q1 loss...

Brian Sozzi from Wall Street Strategies is out with a research note on April retail sales, which were released this morning. In the report, Sozzi mentions names such as American Eagle (NYSE: AEO), Target (NYSE: TGT), and Wal-Mart (NYSE: WMT), and Abercrombie & Fitch (NYSE: ANF). In the note...

In a recent report, Jefferies thinks that despite retail EBITDA guidance on Target (NYSE: TGT), the street 1Q of $0.95 seems too high unless there is something unusual in credit or the tax rate. In the report, Jefferies said, "We like TGT shares at these levels, particularly when we consider they...

In a recent report, Jefferies has raised the price target on Dollar Tree (NASDAQ: DLTR) From $62.00 to $69.00 and the EPS estimate for 2011 from $0.73 to $0.75 as the momentum of the company remains strong. In the report, Jefferies said, "We still favor Dollar Tree for its defensive profile,...

Jefferies & Company has raised the price target on Dollar Tree (NASDAQ: DLTR) from $62 to $69 and maintains its Buy rating.