-
Target (TGT) Pulls Lead Tainted Teddy Bears Made In China
Wednesday, February 10, 2010 - 3:42am | 183Target Corp. (NYSE: TGT) announced on Tuesday that it was pulling its Valentine's Day "Message Bears" from the shelves after California Attorney General Jerry Brown warned that the lead levels in the products exceeded federal standards. "In this case, the laboratory identified lead levels nearly...
-
Big Chains Going Small: CNBC (WMT, WAG, BIG)
Tuesday, February 9, 2010 - 9:17am | 124Big retail chains are now experimenting with smaller formats. According to CNBC, Wal-Mart (NYSE: WMT) has opened four Marketside stores in Phoenix. Marketside stores are smaller than regular Wal-Mart stores. Similarly, Big Lots (NYSE: BIG) has also opened four smaller stores. However, these big...
-
JP Morgan Downgrades Dollar Tree (DLTR) To Neutral
Friday, February 5, 2010 - 12:12pm | 38Analysts at JP Morgan downgrade Dollar Tree Inc (NASDAQ: DLTR) from "overweight" to "neutral." JP Morgan cited valuation as the reason for DLTR's downgrade. DLTR’s shares closed at $49.09 yesterday.
-
Better Than Expected Sales For Retail Sector, (WMT, TGT, BJ)
Tuesday, February 2, 2010 - 2:56pm | 277Analysts at Janney Capital Markets provided updates on companies including Wal-Mart Stores Inc. (NYSE: WMT), Target Corp (NYSE: TGT) and BJ’s Wholesale Club Inc. (NYSE: BJ). The analyst firm believes that January sales were better than expected and will continue with the improving trend from...
-
Benzinga’s Top Pre-Market Losers (AMSC, MPEL, TRGL, PRGO, TUES, LEAP)
Tuesday, February 2, 2010 - 9:54am | 362American Superconductor Corporation (NASDAQ: AMSC) decreased 3.14% to $38.50 in the pre-market session. American Superconductor Corporation today raised its fiscal 2009 guidance and now expects revenue to be in the range of $312-$315 million, up from previous forecasted range of $300-$310 million....
-
January Retail Data Shows Strong Trend
Tuesday, February 2, 2010 - 9:30am | 153According to a report released by Goldman Sachs (NYSE: GS) yesterday, Retail Forward’s monthly spending survey showed stabilized sentiments and thus gave a positive start to 2010. The report also stated that retail traffic was also healthy due to clearance sales. However, it expects that the...
-
Outlook Neutral For Family Dollar (FDO)
Wednesday, January 27, 2010 - 12:23pm | 142Sadif Analytics has given a neutral outlook for Family Dollar Stores (NYSE: FDO) and rates the retail discount chain’s growth prospects as medium. An assessment of the stock shows that it is undervalued with relatively low volatility. However, a comparison of the quality of Family Dollar’s...
-
Top 5 Stocks In The Discount, Variety Stores Industry With The Highest ROE (DLTR, BIG, FDO, WMT, TGT)
Wednesday, January 27, 2010 - 7:48am | 241Below are the top 5 discount, variety stores stocks on the NASDAQ and the NYSE in terms of return on equity. The trailing-twelve-month return on equity for Dollar Tree Inc (NASDAQ: DLTR) stands at 23.59. RBC Capital Markets initiated coverage of DLTR with an “outperform” rating. Read more on this...
-
Top 5 Stocks In The Discount, Variety Stores Industry With The Highest Percentage Gain In Shares (TUES, TGT, BJ, WMT, NDT)
Wednesday, January 27, 2010 - 7:13am | 233Below are the top 5 discount, variety stores stocks on the NASDAQ and the NYSE in terms of percentage gain vs previous close. Tuesday Morning Corp (NASDAQ: TUES) jumped 10.39% vs its previous close. TUES had total cash of $5.60 million and debt liabilities of $5.30 million in the latest quarter....
-
Benzinga’s Top Pre-Market Losers (PARD, DLTR, GENZ, SNDA, ACOR, TTHI, HCBK)
Monday, January 25, 2010 - 9:44am | 386Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) decreased $0.33 or 12.64% to $2.28 in the pre-market session. Poniard Pharmaceuticals announced yesterday final data from a randomized , controlled Phase 2 trial of picoplatin in metastatic colorectal cancer patients. The 52-week trading range for PARD...
-
Consumer Discretionary ETF Not The Place To Be (XLY)
Friday, January 22, 2010 - 4:04pm | 145One ETF that has really taken it on the chin during this multi-day market sell-off is the Consumer Discret Select Sector SPDR (NYSE: XLY). The ETF holds some solid stocks likes McDonald's (NYSE: MCD), Target (NYSE: TGT) and Walt Disney (NYSE: DIS), but that isn't stoppping the bears from taking a...
-
Benzinga’s Top Downgrades (CPO, EDU, BIG, OKS, ECA)
Wednesday, January 20, 2010 - 10:12am | 273Corn Products International, Inc. (NYSE: CPO) declined 3.29% to $30 in the pre-market session after Corn Products International was downgraded by Citigroup to Hold from Buy and the price target reduced from $36 to $34. The 52-week trading range for CPO is $17.80 - $32.86. Corn Products closed at $...
-
TGT Poised For Top-Line Growth
Tuesday, January 19, 2010 - 1:44pm | 99Analyst Charles Grom of JP Morgan reiterates his “overweight” rating on Target Corporation (NYSE: TGT), while raising his estimates for the company. The price target for TGT is set to $56. Target’s top-line was strong in December and has been healthy so far this month. TGT seems poised to...
-
TGT Resumes Buyback
Thursday, January 14, 2010 - 12:09pm | 161The second-largest US discounter, Target Corp (NYSE: TGT), has resumed its share buyback in the open market. TGT had temporarily suspended its buyback in November 2008 to protect its liquidity and debt ratings. As of 3Q09, TGT had repurchased $4.9 billion shares at an average price per share of $51...
-
Target Resumes Share Buybacks
Thursday, January 14, 2010 - 10:53am | 181Target Corp. (NYSE: TGT) said that it will resume buybacks of the company's shares. The company said that operations improvements resulted in better cash flow, thus enabling the company to continue the share buybacks that it started over two years ago. The board of the United States' second biggest...