Homefurnishing Retail

The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...

For Immediate Release Chicago, IL – September 13, 2010 – Zacks Equity Research highlights: Ford Motor Company (F) as the Bull of the Day and Kirkland's (KIRK) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Goldman Sachs Group Inc. (GS), Royal Bank of Scotland Group...

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 1:06 pm, the Dow Jones Industrial Average was up 67.81 points, or 0.66%, to 10,408.50, while the broader Standard & Poor's 500 index had gained 9.72 points, or 0.89%. The NASDAQ composite index rose 24.77 points, or 1.12%. Some of the narrow based indexes that are driving the market are Stem...

Williams-Sonoma, Inc. (NYSE: WSM) reported 2Q2011 EPS of $0.31 vs. Citigroup's estimate of $0.22 based on solid top-line growth of +15.4% while 2Q comps were robust at 13.6% (Citigroup estimated 12.0%). Citigroup reports that in light of these positive results it is increasing FY2011-2013 EPS...

By 12:34 pm, the Dow Jones Industrial Average was up 7.23 points, or 0.07%, to 10,276.70, while the broader Standard & Poor's 500 index had gained 4.88 points, or 0.45%. The NASDAQ composite index rose 14.07 points, or 0.65%. Some of the narrow based indexes that are supporting the market are...

At 11:00 am, the Dow gained 0.20% to 10,290.17, the broader Standard & Poor's 500 index moved up 0.57% to 1,086.44 and the NASDAQ composite index rose 0.72% to 2,192.50. The industries that are driving the market today are: Home Furnishing Stores: This industry jumped 3.84% by 11:00 am. The top...

By 2:52 pm, the Dow Jones Industrial Average was down 22.63 points, or 0.23%, to 9,987.10, while the broader Standard & Poor's 500 index had lost 3.20 points, or 0.31%. The NASDAQ composite index fell 13.05 points, or 0.62%. Some of the narrow based indexes that are still afloat in the market...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Bank of Kentucky Financial Corp (BKYF) Magellan Health Services, Inc (MGLN) OmniVision Technologies, Inc (OVTI) Pier 1 Imports, Inc (PIR) Portfolio Recovery Associates, Inc (PRAA) View the entire Zacks #1 Rank List.    ...

In a Form 4 filed after the bell today, Select Comfort Corp. (NASDAQ: SCSS) Director, Jean-Michel Valette, reported that he purchased 25,000 shares of SCSS on August 27th for an average price of $5.20. The transaction totaled $130,000. Mr. Valette owns 177,174 direct shares of SCSS. Source: The...

For the most part, the after hours trading session is very quiet as traders prepare for tomorrow's existing home sales numbers. Look for equities to trade based on this report on Tuesday, but a bad number is expected, so if it is not too bad we may see a pop. There are very few stocks that are...

Citi Investment Research is lowering its price target on Williams-Sonoma, Inc. (NYSE: WSM) after the retailer reported earnings last week. It's lowering its price target to $32 from $33. In a research report to clients, Citi Investment Research writes, "WSM reported Q2’11 EPS of $0.31, our est. of...

Home accessories retailer Kirkland's (NASDAQ: KIRK) reported quarterly results that missed analyst expectations this morning, sending shares plummeting. The company reported earnings of 16 cents per share for the quarter ended July 31, 2 cents shy of the 18 cents per share analysts forecast....

Analysts at Piper Jaffray downgrade Kirkland's Inc (NASDAQ: KIRK) from "overweight" to "neutral," while reducing their estimates for the company. The target price for KIRK has been reduced from $28 to $19. According to Piper Jaffray, “Kirkland's noted that its customers strongly favored value...