General Merchandise Stores

Benchmark made a number of updates in a research report published today. Marathon Oil (NYSE: MRO) had its rating reiterated at Sell. At the same time, its price target was reduced to $23. On Wednesday, Marathon Oil lost 3.7% of its value to end the day at $32.81. Its shares rebounded in today's...

Cusick's Corner The market is in a light volume, range-bound environment that has no solid leadership across the board. We are seeing stocks and commodities that are trading now in a range to the upside but the huge trend, a break out or down, has not been confirmed. If you look at the S&Ps,...

Cusick's Corner The market is trading off the lows of the day and Retail, XRT, has been the focus today in front of a plethora of data and earnings which may be potentially volatile because the strength of the consumer has been under pressure due to energy price fluctuations and lackluster...

Today the ISM Services index is scheduled to be released at 10:00 a.m. for June, and economists are expecting the reading to come in below May's reading, but still indicate expansion. Economists expect a reading of 54.0, which is down slightly from May's reading of 54.6, but it still indicates...

Benchmark reiterated its Buy rating on Big Lots (NYSE: BIG). At the same time, the rating agency left its price target on the company's stock unchanged at $45. On Tuesday, Big Lots lost 1.71% of its value to end the day at $33.38.

Coach (NYSE: COH) and Bed Bath & Beyond (NASDAQ: BBBY) reached new 52-week highs of $66.14 and $59.52 per share, respectively, in Friday's trading session. Coach has been buying back shares and it posted strong quarterly results in April, due in part to strong direct-to-consumer sales, as well...

Deutsche Bank reiterated its Buy rating on Family Dollar Stores (NYSE: FDO). At the same time, Deutsche Bank left its price target on the company's stock unchanged at $60. In today's trading, Family Dollar lost 0.65% of its value to trade around $53.09.

Citi reiterated its Buy rating on Family Dollar Stores (NYSE: FDO). At the same time, Citi raised its price target on the company's stock from $60 to $69. In today's trading, Family Dollar lost 0.73% of its value to trade around $53.05.

Jefferies & Co. is raising its price target on shares of Family Dollar (NYSE: FDO) to $50 from $49 after the company reported earnings yesterday. It has a Hold rating on shares. In a note to clients, Jefferies & Co. writes, "The company reported sales, gross margin and EPS light of...

Citigroup has raised the price target on Family Dollar Stores (NYSE: FDO) from $60 to $69 and maintains its Buy rating.

Jefferies & Company has raised the price target on Family Dollar (NYSE: FDO) from $49 to $50 and maintains its Hold rating.

This is your Benzinga news summary and traders' outlook for Wednesday, June 29, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as traders anticipate a positive vote to the Greek debt crisis...

Family Dollar Stores Inc (NYSE: FDO) reported a 6.5% rise in its third-quarter net income on Wednesday. Family Dollar's quarterly net income surged to $111.1 million, or $0.91 per share, from $104.4 million, or $0.77 per share, in the year-earlier period. The retailer's revenue climbed 7.8% to $2....

US stock futures are higher this morning, as investors are awaiting results from General Mills (NYSE: GIS) and home-sales data. The Greek parliament is scheduled to vote on the austerity measures. Futures on the Dow Jones Industrial Average surged 19 points to 12,160.00 and futures on the S&P...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...