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Target Sales Initiatives Driving Trends, Goldman Sachs Reports
Thursday, December 9, 2010 - 11:02am | 86Target Corporation's (NYSE: TGT) sales initiatives seem to be driving trends, with strong 5% conversions, Goldman Sachs reports. “The holiday message of ‘Save Merrily' is value-focused but the price pointing is less intense as compared to years past. Inventory is well positioned for a strong...
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No More iTunes Love From Costco (COST, AAPL)
Thursday, December 9, 2010 - 10:32am | 220These days, it seems that Apple Inc. (NASDAQ: AAPL) products are everywhere. With Target Corporation (NYSE: TGT) and others increasing their Apple product lineup (Target recently added the iPad to its many stores across the nation), it's almost unfathomable to think that we could one day enter a...
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 7, 2010 - 9:33am | 353Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Ashland Inc (ASH) Big Lots Inc (BIG) Blyth Inc (BTH) Career Education Corp (CECO) Checkpoint Systems Inc (CKP) View the entire Zacks #5 Rank List. ASHLAND INC (ASH): Free Stock Analysis Report BIG LOTS INC (BIG): Free Stock...
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 7, 2010 - 8:14am | 353Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Ashland Inc (ASH) Big Lots Inc (BIG) Blyth Inc (BTH) Career Education Corp (CECO) Checkpoint Systems Inc (CKP) View the entire Zacks #5 Rank List. ASHLAND INC (ASH): Free Stock Analysis Report BIG LOTS INC (BIG): Free Stock...
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Company News for December 6, 2010 - Corporate Summary
Monday, December 6, 2010 - 9:43am | 859• Rio Tinto (NYSE: RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron's wrote favorably on Big Lots (NYSE: BIG) on valuation merits after last week's earnings miss • According to All Things Digital, talks between Google (NASDAQ:...
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Company News for December 6, 2010 - Corporate Summary
Monday, December 6, 2010 - 9:21am | 859• Rio Tinto (NYSE: RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron's wrote favorably on Big Lots (NYSE: BIG) on valuation merits after last week's earnings miss • According to All Things Digital, talks between Google (NASDAQ:...
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Big Losts Smaller Today (BIG)
Friday, December 3, 2010 - 11:43am | 88Shares of Big Lots, Inc. (NYSE: BIG) are down more than 3% this morning after the company cut its outlook and missed earnings estimates. For the third quarter, Big Lots reported earnings of 23 cents a share, 1 cent shy of estimates. Revenue came in at $1.06 billion. The company also cut its...
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Big Lots Misses by a Penny - Analyst Blog
Friday, December 3, 2010 - 10:30am | 871Big Lots, Inc. (BIG) recently posted lower-than-expected third-quarter 2010 results. The quarterly earnings of 23 cents a share missed the Zacks Consensus Estimate by a penny, and dropped 14.8% from 27 cents earned in the prior-year quarter. Consequently, management lowered its projections,...
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Target Sales Rise - Analyst Blog
Friday, December 3, 2010 - 10:00am | 571Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted better-than-expected sales results for the four-week period ended November 27, 2010, driven by robust traffic count during the month. The company's comparable-store sales...
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Big Lots Misses by a Penny - Analyst Blog
Friday, December 3, 2010 - 9:58am | 871Big Lots, Inc. (BIG) recently posted lower-than-expected third-quarter 2010 results. The quarterly earnings of 23 cents a share missed the Zacks Consensus Estimate by a penny, and dropped 14.8% from 27 cents earned in the prior-year quarter. Consequently, management lowered its projections,...
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News Summary
Friday, December 3, 2010 - 9:55am | 185The US dollar widened its decline versus major rivals. The greenback sunk versus the yen, after weaker-than-expected US employment data. According to the Labor Department, total non-farm payrolls rose by 39,000 in November. However, economists were expecting a rise of 155,000. The dollar lost about...
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Stock Market News for December 3, 2010 - Market News
Friday, December 3, 2010 - 9:30am | 1085Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank's assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping stocks extend their...
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Company News for December 3, 2010 - Corporate Summary
Friday, December 3, 2010 - 9:30am | 791• Walter Energy (NYSE: WLT) said it plans to acquire Canada's Western Coal for $3.3 billion • Google (NASDAQ: GOOG) is reported to have signed a deal to pay $1.9 billion for a Manhattan city block • Citigroup (NYSE: C) downgraded eBay (NASDAQ: EBAY) from "buy" to "hold" • Big Lots (NYSE: BIG)...
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Piper Jaffray Raises Target Corporation PT From $62 to $66
Friday, December 3, 2010 - 8:36am | 28Piper Jaffray is raising its PT on shares of Target Corporation (NYSE: TGT) from $62 to $66. Target Corporation closed Thursday at $59.65.
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A Peek Into The Market Before The Trading Starts
Friday, December 3, 2010 - 8:01am | 511Pre-open movers US stock futures are mixed, this morning as investors awaited nonfarm payrolls figures for November. Futures on the Dow Jones Industrial Average gained 6 points to 11,369 and S&P 500 futures fell 0.20 point to 1,223. Nasdaq 100 futures rose 2 points to 2,189. A Peek Into Global...