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Goldman Sachs Upgrades Coach and Nordstrom; GS Downgrades J.C. Penney and Dollar Tree
Monday, November 16, 2009 - 8:01am | 199Goldman Sachs is out with a note on several retailers this morning including Coach (NYSE: COH), Nordstrom (NYSE: JWN), J.C. Penney (NYSE: JCP) and Dollar Tree (Nasdaq: DLTR). Goldman Sachs upgraded Coach from "neutral" to "buy. Goldman said although Coach has risen over 200% from its 52-week low,...
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Retail Stocks Show Signs Of Recovery Despite Economy (WMT, XRT, M, KSS, TGT)
Thursday, November 12, 2009 - 1:36pm | 386Now that Christmas is approaching, consumer spending should start to pick-up. However, the current situation with the economy can seriously affect how much the public will spend on the holidays. Despite some companies posting higher then expected sales, the retail industry still desperately needs...
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Benzinga’s Top Pre-Market Gainers (AIB, GSI, NDN, TRK)
Friday, November 6, 2009 - 10:01am | 125Allied Irish Banks, plc. (ADR) (NYSE: AIB) climbed 7.40% to $5.93 after Dow Jones reported that AIB’s five year Senior Unsecured Unguaranteed Bond Issue was oversubscribed by 1.8 times. General Steel Holdings, Inc. (NYSE: GSI) gained 10.20% at $4.32 after reporting third quarter earnings of $484.8...
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99c Only Stores Trades Down
Wednesday, November 4, 2009 - 5:32pm | 3699c Only Stores (NYSE: NDN) reports tops Q2 view by 6c. 99c Only Stores reports revenue of $324.7 million vs Street view of $323.82 million. NDN is trading down 3% in the after-hours session.
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Citigroup Upgraded Target (TGT) To Buy
Wednesday, October 28, 2009 - 6:06pm | 95Citigroup analyst Deborah Weinswig spoke on CNBC's Fast Money about the reasons that made her upgrade Target Corporation (NYSE: TGT) from sell to buy. She said that Target (TGT) lagged behind the competition because their main products were non-essentials. Citigroup said that TGT changed its...
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Citigroup Upgrades Target To Buy And Increases Price Target 38%
Wednesday, October 28, 2009 - 6:38am | 66Citigroup is getting bullish on retailers. Citigroup upgrades Target (TGT) from Sell to Buy. Citi also raised its price target on Target from $44 to $61. Citigroup believes there will be significant earnings upside as Target's same-store-sales improve. Citi believes Target (NYSE: TGT) is trading at...
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S&P 500 Stocks That Grew Their Earnings 20% With Almost No Debt (AMZN, BIG, GPS, MA, RHT, CRM)
Wednesday, October 28, 2009 - 5:58am | 82Below are S&P 500 Stocks that grew their earnings 20% last year and this year with almost no debt. The group of stocks is up on average 86% this year. Amazon.com (Nasdaq: AMZN) Big Lots (NYSE: BIG) Gap Stores (NYSE: GPS) Mastercard (NYSE: MA) Red Hat (NYSE: RHT) salesforce.com, inc. (NYSE: CRM)
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Sears Offers Online Credit To Stay Competitive In The Online Books Sector (SHLD, WMT, TGT, AMZN)
Tuesday, October 20, 2009 - 1:06pm | 122In an effort to get into the competition of selling books online, Sears (NASDAQ: SHLD) will be offering a $9 credit whenever a customer buys any one of the books on the ten highly awaited titles found in the websites of Sears, Wal-Mart (NYSE: WMT), Target (NYSE: TGT) and Amazon (NASDAQ: AMZN). The...
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Target (TGT) Takes Out Ad Advertising Healthy Savings On Flu Essentials
Sunday, October 11, 2009 - 9:28pm | 47This weekend Target Corp. (NYSE: TGT) had a full page newspaper ad devoted to healthy savings on flu essentials. The Target Corp. advertisement included a "Right Response Kit" with gloves, 3M (NYSE: MMM) facemasks and hand sanitizers.
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Target Corp. (TGT) cheers on better than anticipated September retail sales
Thursday, October 8, 2009 - 11:01am | 99Target Corp. (NYSE: TGT) reported better-than-expected same-store sales results for September and said it expected its third quarter earnings to exceed analyst expectations. Target Corp. (TGT) said same-store sales for September declined 1.7%, which was still better than the analysts' consensus who...
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Family Dollar Stores Inc. (FDO) confirms bullish mode
Wednesday, October 7, 2009 - 8:28am | 118Family Dollar Stores Inc. (NYSE: FDO) reported a 13 percent rise in quarterly profit on Wednesday, beating Wall Street estimates, as shoppers having limited spending budget flooded its stores for low prices. Family Dollar Stores Inc. (FDO), showed the first signs of a bullishness only on Tuesday,...
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Today’s Earnings Preview (AA, MON, FDO, AYI)
Wednesday, October 7, 2009 - 7:06am | 151Alcoa Inc. (NYSE: AA) is projected to post a third-quarter loss of 10 cents a share, according to analysts surveyed by Thomson Reuters. In premarket trading sessions shares of AA climbed 2.45% to $14.23. Monsanto Company (NYSE: MON) is projected to report a profit of 1 cent a share in the fiscal...
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Fast Money Crew Would Play RIMM, TGT And ABT On Monday.
Friday, September 25, 2009 - 6:52pm | 108Guy Adami said on the CNBC's Fast Money Final Trade that Research In Motion (NASDAQ: RIMM) will probably come to $65 and that it should be bought at that price Karen Finerman would buy Target (NYSE: TGT) on Monday, and Joe Terranova recommended Abbot Labs (NYSE: ABT). RIMM crashed 17.04% to close...
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Wedbush Lowers Family Dollar (FDO)Target to $29 from $33
Friday, September 4, 2009 - 9:49am | 32Family Dollar (NYSE: FDO) had its estimates and target lowered by Wedbush following Family Dollar‘s "disappointing" Q4 comps, and maintains an Underperform rating on the stock.
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Kecia Lamm and Holly Shaskey-Platek Joins Family Dollar (FDO) as VP
Tuesday, September 1, 2009 - 9:55am | 61Family Dollar Stores, Inc. (NYSE: FDO) named Kecia Lamm to the post Vice President – Store Operations and Holly Shaskey-Platek to the post of Vice President – Change Management and Leadership Development. Ms. Lamm will report to Barry Sullivan, Executive Vice President - Store Operations. Ms....