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Tuesday's Breakout Stocks: Pumping up Your Portfolio with NBTY
Wednesday, January 13, 2010 - 9:12am | 1617With the market taking a hit today on the back of a weak Alcoa (AA) earnings report, there were several stocks which fought the trend and finished higher on heavier volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are...
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Karen Finerman Dislikes TIF, Prefers WMT, TGT, TJX
Tuesday, January 12, 2010 - 7:27pm | 125CNBC's Fast Money Karen Finerman said on the show that she is not a fan of Tiffany & Co. (NYSE: TIF). She believes that luxury stocks have jumped to fast and they are trading with a premium to their long term multiple. Karen Finerman doesn't recommend luxury stocks, and instead she prefers Wal-...
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Fast Money Picks For January 13th (TSO, CAL, TGT, AMGN)
Tuesday, January 12, 2010 - 7:16pm | 135Tim Seymour said on CNBC's Fast Money Final Trade that he would sell Tesoro Corporation (NYSE: TSO) because of the disappointing guidance from Chevron (NYSE: CVX). Tesoro (TSO) fell 1.94% today and closed at $14.12. Joe Terranova is a seller of Continental Airlines, Inc. (NYSE: CAL), which dropped...
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RBC Capital Markets Maintains Outperform Rating On Dollar Tree Inc (DLTR)
Tuesday, January 12, 2010 - 12:46pm | 112Rising levels of unemployment and unavailability of credit has resulted in consumers preferring to spend on value for buy items rather than luxurious items. RBC Capital Markets feels that Dollar Tree’s (NASDAQ: DLTR) $1 price point provides the value to the customers in the conservative...
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Family Dollar (FDO) Beats Market Expectations: Posts Higher Quarterly Profits
Tuesday, January 12, 2010 - 8:06am | 116Family dollar (NYSE: FDO) fared well during Year 2009. Family Dollar recently beat market expectations and posted 14% higher Q1 profit figures. Its stock has gained 10% in last 12 months. While talking with CNBC, Howard Levine, Chairman and CEO of Family dollar, discussed his company’s outlook for...
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Target Corp (TGT) Acquires Smith & Hawken Brand
Monday, January 11, 2010 - 4:23pm | 132Target Corp (NYSE: TGT), the second largest retailer after Wal-Mart (NYSE: WMT), has made it known that it has acquired the iconic Smith & Hawken brand and other intellectual property from Smith & Hawken, LTD, a subsidiary of The Scotts Company LLC, effective Dec. 30, 2009. The company...
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Stock Market News for January 08, 2010 - Market News
Friday, January 8, 2010 - 10:16am | 540A day before the government’s eagerly awaited December employment report, market participants refrained from making big moves even as hope grew the nation will break a 23-month streak of job losses. Stronger-than-expected retail sales number, nevertheless, helped calm nerves as concerns about...
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Retail Round-up (ZUMZ, ROST, LTD, COST, SHLD, BKE, HOTT, TGT, JWN, KSS)
Thursday, January 7, 2010 - 11:58am | 263Despite the fact that customers in the US have continued to be cautious about spending even during the holidays, retailers are reporting higher sales for December. Some of the retailers that posted higher-than-expected sales growth for the month are Target (NYSE: TGT), Kohl's (NYSE: KSS) and JW...
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Family Dollar Stores Inc (FDO) Results, Outlook Shines, Shares Jump
Thursday, January 7, 2010 - 11:13am | 162Family Dollar Stores Inc (NYSE: FDO) reported a higher-than-expected first-quarter profit and forecast earnings that topped Wall Street estimates again this quarter, sending its shares up 13 percent. Family Dollar Stores Inc, caters to shoppers with household incomes below $40,000. But the retailer...
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Company News for January 06, 2010 - Corporate Summary
Wednesday, January 6, 2010 - 10:01am | 181• Goldman Sachs (NYSE:GS) added 3M (NYSE:MMM) to its Conviction Buy List, with a price target of $105 up from $100 • Family Dollar (NYSE:FDO) reported fiscal first quarter earnings of 49 cents a share, two pennies higher than projected, on inline revenues of 1.82 billion • Beazer Homes (NYSE:BZH)...
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Earnings Growth To Accelerate For TGT In 2010
Thursday, December 31, 2009 - 12:22pm | 119Analyst Jeffrey P Klinefelter of Piper Jaffray maintains his "overweight" rating on Target Corp (NYSE: TGT). The target price for TGT is set to $57. According to Piper Jaffray, the valuations of stocks that are focused on investing in comp sales growth are expected to increase during 2010. TGT’s...
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Company News for December 31, 2009 - Corporate Summary
Thursday, December 31, 2009 - 9:59am | 216• A spat between the Fox division of News Corp. (NASDAQ:NWSA) and Time Warner Cable (NYSE:TWC) threatens to cause a midnight blackout of Fox programming, as Fox seeks $1/month/subscriber and Time Warner is willing to pay 20 cents. • Piper Jaffray (NYSE:PJC) maintains an "overweight" rating on...
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Target Corporation (TGT) Maintains Outperform Rating
Wednesday, December 23, 2009 - 12:55pm | 106Credit Suisse (ADR) (NYSE: CS) maintained an Outperform rating for Target Corporation (NYSE: TGT). Analysts have set a target price of $58 for the company. Target released its master trust data for its securitized credit card receivables for the month of November on Tuesday. The company saw a...
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Retailers Expect Last Minute Shoppers To Boost Their Sales (UBS, MA, BKS, TGT, FDX)
Tuesday, December 22, 2009 - 12:29pm | 303The Wall Street Journal has reported that retailers are clueless about how well the season will end up as a storm hit the East Coast over the weekend pushing already-delayed holiday shopping even further. Michael Niemira, chief economist at the International Council of Shopping Centers, said that...
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RadioShack (RSH) And Walmart (WMT) To Remain Strong
Monday, December 21, 2009 - 3:27pm | 143The retail sector, fueled by a solid online sales trend, is likely to fare well in the coming year. Talking to CNBC, Style File Group analyst Hitha Prabhakar placed her bets on value stocks such as WalMart (NYSE: WMT) and J Crew (NYSE: JCG). She stated that she would stay away from luxury stocks...