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Initial Jobless Claims Up Sharply - Analyst Blog
Thursday, January 13, 2011 - 12:45pm | 2420Initial 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...
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Family Dollar Downgraded - Analyst Blog
Thursday, January 13, 2011 - 12:01pm | 528We recently downgraded our recommendation on Family Dollar Stores Inc. (FDO), the operator of self-service retail discount store chains, to Neutral with a price target of $46.00, following lower-than-expected first-quarter 2011 results. Earlier, we had an Outperform rating on the stock. Family...
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Family Dollar Downgraded - Analyst Blog
Thursday, January 13, 2011 - 11:45am | 528We recently downgraded our recommendation on Family Dollar Stores Inc. (FDO), the operator of self-service retail discount store chains, to Neutral with a price target of $46.00, following lower-than-expected first-quarter 2011 results. Earlier, we had an Outperform rating on the stock. Family...
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Chart Alert: McDonald's Corporation And Family Dollar Stores
Thursday, January 13, 2011 - 11:30am | 207Scanning the market for the perfect swing trade setup can be a tough task to handle. Thousands of charts, each one slightly different. Which chart will be the one that makes the investor a profit? Today, there are two charts, almost identical in nature that look to be solid for a move to the...
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New Gap Offering Could Spell Trouble For LULU, Wall Street Strategies Reports
Thursday, January 13, 2011 - 11:11am | 331Amidst all the Lululemon Athletica inc. (NASDAQ: LULU) hoopla, Gap, Inc. (NYSE: GPS) issued a press release today announcing the opening of its first Athleta store, a 5,000 square foot box in San Francisco, Wall Street Strategies reports. “Why should this matter if you are a shareholder in...
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Options Brief: Big Lots, Inc. (BIG)
Thursday, January 13, 2011 - 11:10am | 76Shares of Big Lots, Inc. (NYSE: BIG) are higher on the session by 1.55%, trading at $32.17. Overall call volume is now running at 3.33x the daily average, with 66% of all calls traded being purchases on the offer. 1,470 contracts have traded on the session so far. Big Lots, Inc. through its wholly...
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Big Lots' Performance A Tale Of Two Stories, Wall Street Strategies Reports
Thursday, January 13, 2011 - 11:03am | 179In an investor spotlight by Wall Street Strategies, the equity research analyst said that Big Lots, Inc.'s (NYSE: BIG) performance in 2010 was a tale of two stories. “The first half of the year the company basked in the fortunes of a consumer continuing to be mindful of price on discretionary...
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Brian Sozzi Discusses Lululemon Versus Gap's Athleta (LULU, GPS)
Thursday, January 13, 2011 - 9:29am | 349Brian Sozzi of Wall Street Strategies is out with a research report on Lululemon (NASDAQ: LULU) versus Gap's (NYSE: GPS) Athleta, which both market athletic apparel to women. In the note, Sozzi says, "Amidst all the Lululemon hoopla, Gap (GPS) quietly issued a press release today announcing the...
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Canada: Business-Friendly for Investors
Thursday, January 13, 2011 - 8:35am | 76Target Corp. (NYSE:TGT)the second-biggest discount retailer in the U.S., agreed to buy store leases in Canada for C$1.83 billion ($1.85 billion) to expand outside the U.S. for the first time in its history. The leasehold interests apply to as many as 220 sites now run by Zellers Inc., a unit of...
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Target Corporation Declares Regular Quarterly Dividend Of $0.25
Thursday, January 13, 2011 - 8:00am | 57The board of directors of Target Corporation (NYSE: TGT) has declared a quarterly dividend of 25 cents per common share. The dividend is payable March 10, 2011 to shareholders of record February 16, 2011. The first quarter dividend will be the company's 174th consecutive dividend paid since October...
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Sears Expects Earnings Rebound - Analyst Blog
Wednesday, January 12, 2011 - 2:01pm | 484Sears Holdings Corporation (SHLD) after suffering a double-digit loss in the third quarter of fiscal 2010, now expects to rebound and post a net income for the quarter ended January 29, 2011. The company anticipates earnings in the range of $370 million to $450 million, which entails earnings per...
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RadioShack to Underperform - Analyst Blog
Wednesday, January 12, 2011 - 2:01pm | 524We downgrade our recommendation on RadioShack Corp. (RSH) to Underperform. The decrease in rating is attributable to the company's profitability, which may suffer in 2011 due to several reasons. The transition of Kiosks businesses from Wal-Mart Store Inc's (WMT) Sam's Club to Target stores will...
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RadioShack to Underperform - Analyst Blog
Wednesday, January 12, 2011 - 1:41pm | 524We downgrade our recommendation on RadioShack Corp. (RSH) to Underperform. The decrease in rating is attributable to the company's profitability, which may suffer in 2011 due to several reasons. The transition of Kiosks businesses from Wal-Mart Store Inc's (WMT) Sam's Club to Target stores will...
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Sears Expects Earnings Rebound - Analyst Blog
Wednesday, January 12, 2011 - 1:28pm | 484Sears Holdings Corporation (SHLD) after suffering a double-digit loss in the third quarter of fiscal 2010, now expects to rebound and post a net income for the quarter ended January 29, 2011. The company anticipates earnings in the range of $370 million to $450 million, which entails earnings per...
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Dollar Tree Enters Oversold Territory - Tale of the Tape
Wednesday, January 12, 2011 - 10:01am | 112Dollar Tree, Inc.'s (DLTR) share price has entered into oversold territory with a stochastic value of 17.38. The Zacks Consensus Estimate on the company's earnings for January 2011 increased by 14 cents over the past two months to $3.21 per share. Dollar Tree, Inc. is a Zacks #1 Rank (“Strong Buy...