-
Toyota Motor (TM) “stalls” amid continued recall news
Monday, August 30, 2010 - 1:40pm | 1691The recall drama isn’t over for Toyota Motor (NYSE:TM), which last week announced the recall of 1.1 million 2008 Corolla and Matrix vehicles, citing engine control troubles. The potential flaw may result in stalling, which is ironic given that the automaker’s recent high-profile recall dealt with...
-
TGT On-Track For 450 P-Fresh Stores By Q4
Monday, August 30, 2010 - 9:48am | 195Analysts at Citigroup reiterate their "buy" rating on Target Corp (NYSE: TGT). The target price for TGT is set to $72. According to Citigroup, “TGT completed 116 P-Fresh remodels in 2Q10 and 211 remodels in 1H10. In 2Q10, P-Fresh stores contributed +70 bps to the company's total SSS. The company...
-
Goldman Sachs’ Broadline Retail Update (WMT, FDO, JNY, SKS)
Monday, August 30, 2010 - 9:47am | 191Goldman Sachs is out with a research report this morning, where it takes a look at the recent performance of the broadline retailers in Q2. They noted several key points, including: 1. Broadlines Q2 EPS ushered in expense driven beats and lowered guidance, compared to Q1’s margin drive beats and...
-
Fred's Meets, Affirms Outlook - Analyst Blog
Friday, August 27, 2010 - 5:04pm | 721Fred's Inc. (FRED) posted EPS of 14 cents in its second quarter of fiscal 2010, which matched the Zacks Consensus Estimate and came in ahead of 13 cents reported in the year-ago quarter. Comparable store sales growth, increased traffic driven by Fred’s sales and profit-driving initiatives resulted...
-
Zacks Releases Four Powerful ''Buy'' Stocks: Federal-Mogul, TransMontaigne Partners L.P, 99c Only Stores and The Finish Line - Press Releases
Friday, August 27, 2010 - 2:36pm | 1335For Immediate Release Chicago, IL – August 27, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
-
Wedbush maintains rating of Underperform for Fred's (FRED)
Friday, August 27, 2010 - 12:00pm | 110Wedbush is maintaining their rating of underperform in regards to Fred's (NASDAQ: FRED) in a research report, though they remain positive that Fred's is moving in the direction to improve margins long term. Their 12-month price target for Fred's is $12. Fred's, an operator of general merchandise...
-
Zacks Bull and Bear of the Day Highlights: Ryder System, J.C. Penney, Wal-Mart, Big Lots and PetroChina - Press Releases
Friday, August 27, 2010 - 8:03am | 1960For Immediate Release Chicago, IL –August 27, 2010 – Zacks Equity Research highlights: Ryder System (R) as the Bull of the Day and J.C. Penney (JCP) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wal-Mart (WMT), Big Lots (BIG) and PetroChina Co. Ltd. (PTR). Here is...
-
99c Only Stores - Momentum
Friday, August 27, 2010 - 4:06am | 49699c Only Stores (NDN) continues to perform well in the weak consumer environment, recently hitting a new multi-year high above $18 after reporting a 26% Q1 earnings surprise in early August. Company Description 99c Only Stores operates a chain of retail stores that sells general and consumable...
-
Patty Edwards Thinks That Big Lots (BIG) Is A Buy
Thursday, August 26, 2010 - 7:05pm | 154On CNBC's Fast Money, Patty Edwards said that she is watching Big Lots, Inc. (NYSE: BIG). She thinks that the bad news are already reflected in the price of this stock. Big Lots, Inc. (BIG) recently lowered its guidance, and the stock is currently trading at 10 times earnings. Patty Edwards...
-
Initial Claims Down, Extended Claims Up - Analyst Blog
Thursday, August 26, 2010 - 12:45pm | 1778Initial Claims for Unemployment Insurance fell to 473,000, a drop of 31,000 from last week. That is good news, but only in terms of the direction. After several weeks in a row of new claims shooting higher, the upward momentum has been stalled. But initial claims remain far too high. The four-week...
-
Before The Bell: Decline In Initial Jobless Claims Gives A Ray Of Hope
Thursday, August 26, 2010 - 9:20am | 371US stock futures recorded marginal gains on Thursday, after a higher-than-expected decline in weekly unemployment claims. This was like a ray of hope in the otherwise gloomy atmosphere created by a stream of disappointing economic data over the past few days. The Labor Department announced a 31,000...
-
FRED Reports Q2 Results
Thursday, August 26, 2010 - 7:25am | 56Fred's Inc (NASDAQ: FRED) reports its Q2 EPS at $0.13, missing the consensus of $0.14. FRED reports its Q2 revenue at $449.5 million, versus the estimates of $449.79 million. FRED’s shares fell 0.18% to $10.94 in after-hours trading. Read more from Benzinga's Company news.
-
Two Stocks That Are Strong Today: A Rarity It Seems (DLTR, RDWR)
Tuesday, August 24, 2010 - 1:13pm | 396In a sea of red, it's hard to find some green. Two stocks that are being highlighted here today are of particular interest for investors, but for very different reasons. The first stock being mentioned is Dollar Tree, Inc. (Nasdaq: DLTR), up $1.51 today to trade at $45.64. This is good for a gain...
-
First Solar (NASDAQ:FSLR) outperforms following upgrade
Tuesday, August 24, 2010 - 9:17am | 1721UBS upped its rating on First Solar (NASDAQ:FSLR) Monday morning to buy from neutral, citing strengthening growth rates across the sector. The firm also lifted its price target on the stock to $150 from $136, allowing for almost 19% of additional upside from current levels. UBS now estimates 2010...
-
Unusual option activity: Cintas Corp. (CTAS), Dick’s Sporting Goods (DKS), Walgreen Co. (WAG)
Tuesday, August 24, 2010 - 9:07am | 1830The Hotlist, which scans unusual option volume throughout the session, is available to all OptionsHouse customers, including those who sign up for a virtual trading account. For more information on how the Hotlist works, read this article. Cintas Corp. (NASDAQ: CTAS) shares have been consolidating...