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Citigroup Raises BBBY FY11/12/13 Estimates
Thursday, December 23, 2010 - 8:06am | 72Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported a solid beat and raise, and Citigroup said that it believes that investors will view the large share repurchase favorably, “which should provide a valuation lift in the NT.” “We are raising our FY11 est to $2.94 from $2.85, our FY12 estimate to $3....
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A Peek Into The Market Before The Trading Starts
Thursday, December 23, 2010 - 8:00am | 565Pre-open movers US stock futures are mixed this morning as investors are awaiting economic data ahead of pre-Christmas holidays. Futures on the Dow Jones Industrial Average gained 5 points at 11,500 and S&P 500 index fell 0.80 point to 1,254. Nasdaq 100 futures dropped 4.75 points to 2,231. A...
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Piper Jaffray Raises PT On Bed Bath & Beyond
Thursday, December 23, 2010 - 7:36am | 23Piper Jaffray has raised the price target on Bed Bath & Beyond (NASDAQ: BBBY) from $47 to $49.
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Bed Bath & Beyond Beats Estimate - Analyst Blog
Thursday, December 23, 2010 - 7:30am | 840Bed Bath & Beyond, Inc. (BBBY) reported better-than-expected third-quarter 2010 results on the heels of double-digit growth in sales and higher margins. Earnings rose 28% to 74 cents per share from the year-ago quarter earnings of 58 cents a share and handily surpassed its earnings guidance...
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JP Morgan Raises PT On Bed Bath & Beyond
Thursday, December 23, 2010 - 7:27am | 23JP Morgan has raised the price target on Bed Bath & Beyond (NASDAQ: BBBY) from $52 to $56.
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Bed Bath & Beyond Beats Estimate - Analyst Blog
Thursday, December 23, 2010 - 7:24am | 840Bed Bath & Beyond, Inc. (BBBY) reported better-than-expected third-quarter 2010 results on the heels of double-digit growth in sales and higher margins. Earnings rose 28% to 74 cents per share from the year-ago quarter earnings of 58 cents a share and handily surpassed its earnings guidance...
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Oppenheimer Outperform On Bed Bath & Beyond (BBBY)
Thursday, December 23, 2010 - 7:09am | 160Oppenheimer & Co. has an Outperform rating on shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) after it reported stellar earnings yesterday. It also has a $54 price target on shares. In a note sent to clients, Oppenheimer writes, "We look very favorably upon the much better-than-expected 3Q...
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US Stock Futures Mixed As Investors Await Economic Data
Thursday, December 23, 2010 - 6:52am | 277US stock futures are mixed this morning as investors are awaiting economic data ahead of pre-Christmas holidays. Futures on the Dow Jones Industrial Average gained 3 points at 11,498.00 and S&P 500 index fell 0.4 point to 1,254.10. Nasdaq 100 futures dropped 3.50 points to 2,232.50. US stocks...
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Jefferies Raises PT On Bed Bath & Beyond
Thursday, December 23, 2010 - 6:43am | 23Jefferies & Company has raised the price target on Bed Bath & Beyond (NASDAQ: BBBY) from $49 to $57.
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Stocks To Watch For December 23 (MU, CROX, BBBY, GILD, MON)
Thursday, December 23, 2010 - 3:37am | 245Some of the stocks that may grab investor focus today are: Micron Technology Inc (NASDAQ: MU) reported its Q1 earnings at $0.15 per share, down from $0.23 per share, in the year-ago period. The company's revenue increased 29% y/y to $2.3 billion. MU shares dipped 3.50% to $7.99 in after-hours...
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Bed Bath & Beyond Inc. Reports EPS of $0.74 Fiscal Third Quarter
Wednesday, December 22, 2010 - 4:16pm | 101Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported net earnings of $.74 per diluted share ($188.6 million) in the fiscal third quarter ended November 27, 2010, an increase of approximately 28% versus net earnings of $.58 per diluted share ($151.3 million) in the same quarter a year ago. Net...
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Rent-A-Center in Neutral Lane - Analyst Blog
Wednesday, December 22, 2010 - 2:33pm | 464Rent-A-Center Inc. (RCII) is one of the largest rent-to-own operators in the U.S. and leverages an extensive network of about 3,000 stores to effectively penetrate its target markets, and gain a competitive advantage over its competitors, such as Aaron's Inc. (AAN), and Advance America. The...
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Rent-A-Center in Neutral Lane - Analyst Blog
Wednesday, December 22, 2010 - 2:15pm | 464Rent-A-Center Inc. (RCII) is one of the largest rent-to-own operators in the U.S. and leverages an extensive network of about 3,000 stores to effectively penetrate its target markets, and gain a competitive advantage over its competitors, such as Aaron's Inc. (AAN), and Advance America. The...
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Excel Trust Acquires Assets - Analyst Blog
Wednesday, December 22, 2010 - 10:03am | 514Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently acquired two shopping centers in California for about $161 million to strengthen its position in the market. The properties purchased included Park West Place – a 739,234 square-foot...
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Excel Trust Acquires Assets - Analyst Blog
Wednesday, December 22, 2010 - 9:45am | 514Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently acquired two shopping centers in California for about $161 million to strengthen its position in the market. The properties purchased included Park West Place – a 739,234 square-foot...