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Target July Comparable Store Sales up 4.1%
Thursday, August 4, 2011 - 7:00am | 48Target Corporation (NYSE: TGT) today reported that its net retail sales for the four weeks ended July 30, 2011 were $4,840 million, an increase of 5.6 percent from $4,585 million for the four weeks ended July 31, 2010. On this same basis, July comparable-store sales increased 4.1 percent.
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Big Lots Reports Second Quarter Sales Results Increase of 1.8%
Thursday, August 4, 2011 - 5:49am | 112Big Lots, Inc. (NYSE: BIG) is reporting second quarter retail sales for the fiscal quarter ended July 30, 2011 of $1,152.7 million, an increase of 1.8% compared to $1,132.5 million for the second quarter of fiscal 2010. Comparable store sales for stores open at least two years at the beginning of...
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Big Lots Reports 1.5% Drop In Same-Store Sales
Thursday, August 4, 2011 - 5:32am | 50Big Lots Inc (NYSE: BIG) reported a 1.5% decline in its FQ2 sales at stores open at least two years at the beginning of the fiscal year. Its total sales for the quarter surged 1.8% to $1.15 billion. BIG shares fell 1.72% to close at $32.57 yesterday.
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Fast Money Picks For August 4th (EEM, HIG, TGT, VMW, AKS, NLY)
Wednesday, August 3, 2011 - 7:34pm | 289On CNBC's Fast Money, Tim Seymour suggested that investors should buy iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM) for a short term bounce to $46. After that, another leg lower will follow. iShares MSCI Emerging Markets Index (ETF) (EEM) lost 0.35% today, and closed at $45.46. Guy Adami...
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iPad 2 Launching Within One Day, iPad 3 Soon?
Tuesday, August 2, 2011 - 2:22pm | 171Nearly five months after the launch of the iPad 2, Apple (NASDAQ: AAPL) has finally caught up to demand. The report first came from 9 to 5 Mac. That may not matter though, as rumors continue to abound that the iPad 3 is just around the corner, in the next few months. Apple is now able to receive...
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Fast Money Picks For July 26th (GM, AGCO, TGT, MSFT)
Monday, July 25, 2011 - 7:22pm | 181CNBC Fast Money's Tim Seymour said on the show that he is a buyer of General Motors Company (NYSE: GM). He thinks that the stock is over sold. General Motors Company (GM) fell 1.99% today, and it closed at $29.50. Guy Adami thinks that AGCO Corporation (NYSE: AGCO) is a buy. AGCO Corporation (AGCO...
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Big Lots Completes New $700M Unsecured Revolving Credit Line; Replaces Existing $500M Line
Monday, July 25, 2011 - 7:05am | 63Big Lots, Inc. (NYSE: BIG) today announced the signing of a new $700 million five-year unsecured revolving credit facility which includes a $200 million Canadian Dollar sub-facility allowing us to efficiently support the growth of our newly acquired Canadian operations. The new facility will...
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Duckwall-ALCO Stores, Inc. Announces New Credit Facility
Thursday, July 21, 2011 - 3:15pm | 211Duckwall-ALCO Stores, Inc. (Nasdaq: DUCK) today announced that it has entered into a $120 million five-year revolving credit agreement with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). The new credit facility replaces an existing $120 million credit agreement with...
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Credit Card Usage in U.S. Up 10.7% But an Increasing Amount is Going to Basics Like Gas and Food
Thursday, July 21, 2011 - 10:00am | 884Looks like we are celebrating the 1,827th rescue of Greece this morning. The good thing about this story, is it we should have rescues for years to come across the Eurozone - which of course should lead to rally after rally via Bailout Infinity. Coming back to domestic affairs, the increase in...
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Fast Money Picks For July 19th (JPM, IPI, LVS, TGT, SWN, CNX)
Monday, July 18, 2011 - 6:43pm | 279On CNBC's Fast Money, Scott Nations suggested that investors should buy a call calendar in JPMorgan Chase & Co. (NYSE: JPM) on Tuesday. JPMorgan Chase & Co. (JPM) fell 0.38% on Monday, and closed at $39.83. Brian Kelly thinks that Intrepid Potash, Inc. (NYSE: IPI) is a buy. He is...
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Goldman Sachs Downgrades Dollar Tree
Monday, July 18, 2011 - 7:07am | 150Goldman Sachs is out with a research report on Dollar Tree, Inc. (NASDAQ: DLTR) and is downgrading the stock to Neutral with a $73 price target on shares. In a note to clients, Goldman Sachs writes, "We are downgrading DLTR to Neutral, as our thesis has unfolded and we now see a modest 6% upside...
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Goldman Downgrades Dollar Tree Stores To Neutral, Raises PT To $73
Monday, July 18, 2011 - 5:23am | 31Goldman Sachs has downgraded Dollar Tree Stores (NASDAQ: DLTR) from America's Buy List to Neutral and has raised the price target from $69 to $73.
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99 Cents Only Stores Same-Store Sales Increase Q1 +5.9%
Thursday, July 14, 2011 - 3:06pm | 10599 Cents Only Stores (NYSE: NDN) today reports total sales of $368.3 million for the first quarter of fiscal 2012 ended July 2, 2011. This represents an increase of 6.3% over total sales of $346.5 million for the same quarter last year. The Company's total retail sales for the first quarter of...
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What's Government Good for Anyway?
Thursday, July 14, 2011 - 1:09pm | 520Minnesota's state shutdown has crimped plans by many to travel to the land of 10,000 lakes. In addition to simply impacting state workers in the area, it appears that the shrunken government will also hurt anyone who needs help from the state's government. Parks and rest stops are closed according...
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PetMeds Barking Up The Right Tree?
Wednesday, July 13, 2011 - 10:48am | 426In-Depth Look at PetMeds Express: PetMeds Express (NASDAQ: PETS) is a company that offers pet care products through the mail. They offer ordering through 1-800-PetMeds, the website 1800petmeds.com and direct through the mail. They offer products ranging from pet crates to treats to flea and tick...