General Merchandise Stores

These two stocks are nearing a level where they will finally become attractive to the buy side. Both have fallen sharply in the last month after making new 52 week highs almost daily. The first is Target Corporation (NYSE: TGT) which just crossed the 200 moving average to the downside today. This...

Blackstone Group LP (NYSE: BX) was upgraded by Jefferies from "hold" to "buy." BX's shares closed at $15.31 yesterday. Blackstone Group's PEG ratio is 0.95. Morgan Stanley upgrade Dollar Tree Inc (NASDAQ: DLTR) from "equal weight" to "overweight.” DLTR's shares closed at $50.34 yesterday. Dollar...

Piper Jaffray is out with its report on Target (NYSE: TGT) reiterating its Overweight rating. In a note to clients, Piper Jaffray writes, "We believe 100-150 Canadian TGT stores could be as productive as U.S. stores and believe these stores could generate in excess of $0.30 of annual EPS when...

Target Corporation (NYSE: TGT) announced today that Tony Fisher has been named president of Target Canada. In this position, Fisher will be responsible for building the team, establishing the headquarters and leading the day-to-day operations of the corporation's recently announced expansion into...

Family Dollar Stores, Inc. (NYSE: FDO) announced that it has recruited Paul White to serve as its SVP of Apparel, Home, and Seasonal, reporting to Dorlisa Flur, EVP & Chief Merchandising Officer, Citigroup reports. “Previously, apparel and home were led by Mr. Kvitko (who left FDO in March 2010...

Target Corporation's (TGT) efficient marketing, multi-channel strategy, product innovation, compelling pricing strategy and new merchandise assortments should help drive comparable-store sales and operating margins in the long term. We expect the company to gain market share, and believe that...

Target Corporation's (TGT) efficient marketing, multi-channel strategy, product innovation, compelling pricing strategy and new merchandise assortments should help drive comparable-store sales and operating margins in the long term. We expect the company to gain market share, and believe that...

I have been playing with a new stock screen lately. The objective is to identify reasonably valued stocks with good growth potential. I look for stocks that have solid earnings, high Return-on-Equity, good earnings growth expectations based on PEG and a low Debt-to-Equity ratio. These...

Target Corp. (TGT), in its first expedition outside the U.S., has announced its plan to expand into Canada by acquiring leases for 220 Zellers stores, owned by Hudson Bay Company. Target will be gaining the leasehold interests on the properties by paying C$1.825 billion to Zellers Inc. The...

Target Corp. (TGT), in its first expedition outside the U.S., has announced its plan to expand into Canada by acquiring leases for 220 Zellers stores, owned by Hudson Bay Company. Target will be gaining the leasehold interests on the properties by paying C$1.825 billion to Zellers Inc. The...

Target Corporation (NYSE: TGT) announced the acquisition of up to 220 Zellers leases for $1.85bn to be paid in two equal installments in May and September of this year, Jefferies reports. It has also announced that it will be actively pursuing the sale of its credit card portfolio. “The acquisition...

Jim Cramer said on CNBC's Mad Money Lightning Round OT that Melco Crown Entertainment Ltd (NASDAQ: MPEL) is a fourth-rate casino company. He is a seller of this stock. Cramer added that he likes MGM Resorts International (NYSE: MGM), Las Vegas Sands Corp. (NYSE: LVS), but he believes that Wynn...

The Trade Deficit fell in November to $38.31 billion from $38.42 billion in October. The fall in the trade deficit is good news for the economy. The trade deficit was also smaller than the $41.0 billion consensus expectation. On a year-over-year basis, the total trade deficit was up 8.6% from $35....

The Trade Deficit fell in November to $38.31 billion from $38.42 billion in October. The fall in the trade deficit is good news for the economy. The trade deficit was also smaller than the $41.0 billion consensus expectation. On a year-over-year basis, the total trade deficit was up 8.6% from $35....

Initial Claims for Unemployment Insurance rose by 35,000 last week to 445,000 (last week was also revised up by 1,000, so one could see it as a 36,000 increase). This was much worse than the expected level of 415,000. Could it be that the drop out of the trading range of the last month or so was...