Homefurnishing Retail

Internet technology provider Eolas Technologies Inc. has reached a licensing agreement with Plano, Texas-based Rent-A-Center Inc. (NASDAQ: RCII) covering two Eolas patents that enable Internet browsers to host embedded interactive applications. The agreement resolves Eolas' legal claims against...

Shares of CarMax Inc (NYSE: KMX) gained about 7% after the company posted better-than-expected first-quarter results. CarMax reported its quarterly net income at $126.3 million, or $0.55 per share, up from $101.1 million, or $0.44 per share, in the year-ago period. Its revenue surged 18.5% to $2.68...

US stock futures are lower this morning, as investors are awaiting the latest interest-rate decision from the Federal Reserve. The Greek government won a key confidence vote late Tuesday. Futures on the Dow Jones Industrial Average dipped 24 points to 12,064.00 and futures on the S&P 500 stock...

Paychex Inc (NASDAQ: PAYX) is projected to report its FQ4 earnings at $0.33 per share on revenue of $515.91 million. FedEx Corp (NYSE: FDX) is estimated to post its FQ4 earnings at $1.72 per share on revenue of $10.42 billion. Red Hat Inc (NYSE: RHT) is estimated to post its Q1 EPS at $0.22 on...

Some of the stocks that may grab investor focus today are: Wall Street expects Bed Bath & Beyond Inc (NASDAQ: BBBY) to post its Q1 earnings at $0.63 per share on revenue of $2.08 billion. BBBY shares dropped 0.16% to $53.97 in after-hours trading. Adobe Systems Inc (NASDAQ: ADBE) posted a 54...

Rent-A-Center, Inc. (NASDAQ: RCII) today announced that, subject to market and other conditions, it anticipates refinancing its current senior debt by entering into a new $750 million senior credit facility, consisting of $250 million in term loans and a $500 million revolving credit facility. The...

Sterne Agee reiterated its Neutral rating on Bed Bath and Beyond (NASDAQ: BBBY). In a research report published today, Sterne Agee stressed its optimism about the company's long-term performance, but also some obstacles the company needs to overcome in the short-term. In the report, Sterne Agee...

Goldman Sachs is out with a note previewing earnings from Bed Bath & Beyond, Inc. (NASDAQ: BBBY). It has a Neutral rating and a $60 price target on shares. In a note clients, Goldman writes, "We expect another earnings beat for BBBY when the firm reports May quarter results on June 22. We are...

Deutsche Bank made a number of updates in a research report published today. Biogen Idec (NASDAQ: BIIB) had its rating upgraded from Hold to Buy. At the same time, Deutsche Bank raised its price target on the company's stock from $106 to $129. In the report, Deutsche Bank states, "Upgrading to...

Jefferies & Co. has a Buy rating and a $62 price target on shares of Bed Bath & Beyond (NASDAQ: BBBY). In a note to clients, Jefferies writes, "We reiterate our Buy rating and recommend building positions ahead of the 1Q release on Wednesday evening. There is some concern about the company...

According to Wedbush, Pier 1 Imports (NYSE: PIR) Outperform rating is reiterated. Wedbush said that Q1 EPS of $0.12 vs. $0.06 was at the high end of recently introduced guidance for $0.11-$0.12, which was above its/consensus prior estimates of $0.07/$0.09. “Our $15 price target assumes that PIR...

Shares of Pier 1 Imports Ltd (NYSE: PIR) gained about 1.1% after the company reported an 84% surge in its fiscal first-quarter net income on Thursday. Pier 1 reported a 10.2% rise in its comparable-store sales. Pier 1's quarterly earnings came in at $14.1 million, or $0.12 per share, up from $7.7...

Pre-open movers US stock futures are mixed this morning, as investors are awaiting several economic reports. Futures on the Dow Jones Industrial Average dipped 6 points to 11,825.00 and futures on the S&P 500 stock index rose 0.40 point to 1,260.30. Nasdaq 100 futures dropped 0.75 point to 2,...

Pier 1 Imports Ltd (NYSE: PIR) reported an 84% surge in its fiscal first-quarter net income on Thursday. Pier 1 reported a 10.2% rise in its comparable-store sales. Pier 1's quarterly earnings came in at $14.1 million, or $0.12 per share, up from $7.7 million, or $0.07 per share, in the year-ago...

Goldman Sachs has changed price targets on the following companies: Advance Auto Parts (NYSE: AAP) From $70.00 to $67.00 Bed, Bath & Beyond (NASDAQ: BBBY) From $62.00 to $60.00 Dick's Sporting Goods (NYSE: DKS) From $46.00 to $45.00 Genuine Parts Company (NYSE: GPC) From $52.00 to $51.00...