Homefurnishing Retail

Piper Jaffray says that it is increasingly confident in its thesis that high-end retailers will outperform those catering to a moderate-income customer. “Based on our proprietary analysis, wages for highest quintile increased 4.0% y/y in September –representing an acceleration of 20 bps from...

Upscale retailer Williams-Sonoma (NYSE: WSM), first discussed here on December 14, 2009, at a price of $22.00, remains an enviable retail chain, and I still like the shares here. Sonoma's FY2011 sales will like increase 8% to 10%, albeit against easy comparisons, but investors will take the upside...

HAVERTY FURNITURE COMPANIES, INC. (NYSE: HVT) today reported sales for the quarter ended September 30, 2010. Havertys' sales for the third quarter 2010 increased 3.4% to $157.1 million, compared with $151.9 million for the third quarter of 2009. On a comparable store basis, sales for the quarter...

Kirkland's (KIRK) reported meager second-quarter 2010 results with earnings of $0.16, which was below the Zacks Consensus Estimate by $0.02. The company's susceptibility to the global economic downturn coupled with stiff competition, severely undermines the company's future growth prospects and...

The stock market is still climbing a wall of worry greased with lies, according to Barron's. For anyone owning stocks this may come as comforting, however the staggeringly high number of takeover rumors looming may also provide some caution. According to Barron's "September's Standard & Poor...

Kirkland's (KIRK) reported meager second-quarter 2010 results with earnings of $0.16, which was below the Zacks Consensus Estimate by $0.02. The company's susceptibility to the global economic downturn coupled with stiff competition, severely undermines the company's future growth prospects and...

By 11:13 am, the Dow Jones Industrial Average was up 186.33 points, or 1.75%, to 10,848.75, while the broader Standard & Poor's 500 index had lost 22.00 points, or 1.96%. The NASDAQ composite index fell 45.08 points, or 1.94%. Some of the narrow based indexes that are driving the market are...

Cusick's Corner Consolidation is the name of the game at this juncture. The market into the Midday continues to stay in a range after an explosive open off the overnight lows. This is a product of uncertainty and decoupling of some sectors, like the Dollar and Gold. The market is now stalling at...

Bed Bath & Beyond (NASDAQ: BBBY) is downgraded to Underperform at FBR. Bed Bath & Beyond is currently up 3.59% trading at 43.55.

At 11:58 am, the Dow gained 0.08% to 10,747.71, the broader Standard & Poor's 500 index moved up 0.04% to 1,134.78 and the NASDAQ composite index rose 0.65% to 2,349.81. The industries that are supporting the market today are: Education & Training Services: This industry jumped 4.00% by 11:...

Wedbush has raised the price target for Bed Bath & Beyond (NASDAQ: BBBY) to $50 from $48.

Bed Bath & Beyond Inc (NASDAQ: BBBY) rose 4.76% to $44.05 in the pre-market session. BBBY had reported upbeat results for the second quarter yesterday. pSivida Corp (NASDAQ: PSDV) added 2.34% to $4.38 in the pre-market session. PSDV swung to Q4 profits. NVIDIA Corporation (NASDAQ: NVDA) soared...

Some of the stocks that may grab the investor focus today are: Wall Street expects Nike Inc (NYSE: NKE) to post its Q1 EPS of $1.01. NKE's shares lost 0.06% to $77.26 in after-hours trading. Bed Bath & Beyond Inc (NASDAQ: BBBY) reported its Q2 profit at $0.70 per share, up from $0.52 per share...