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Jon Najarian Is Bullish On JWN And TJX, Bearish On JAS
Thursday, December 24, 2009 - 6:08pm | 132OptionMonster.com co-founder Jon Najarian said on CNBC's Fast Money that he is bullish on Nordstrom (NYSE: JWN), because the January call options action suggests him that this stock is going higher. He believes that big investors are interested in the stock. Nordstrom (JWN) fell 0.27% today and...
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Cross Cultural Partnership Between The Americans And The Chinese (F, AAPL, SPLS)
Thursday, December 24, 2009 - 11:53am | 113According to The New York Times, a large number of Americans have been moving to China for employment, attracted by its faster growing economy and lower jobless rates. These cross-cultural partnerships, while helpful in many ways, are also highlighting tensions that show differences in work...
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Retailers Expect Last Minute Shoppers To Boost Their Sales (UBS, MA, BKS, TGT, FDX)
Tuesday, December 22, 2009 - 12:29pm | 303The Wall Street Journal has reported that retailers are clueless about how well the season will end up as a storm hit the East Coast over the weekend pushing already-delayed holiday shopping even further. Michael Niemira, chief economist at the International Council of Shopping Centers, said that...
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Retail Sales Review (AEO, ARO, GPS, TIF)
Monday, December 21, 2009 - 3:00pm | 123Credit Suisse released its retail sales review. It noted that American Eagle Outfitters (NYSE: AEO) had been running promos like 50% off and was generally successful. Traffic was strong at Aeropostale, Inc. (NYSE: ARO) as it was running 50-70% off on all items. The Gap Inc. (NYSE: GPS) was running...
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Strong Sales And Improving Margins At DKS
Monday, December 21, 2009 - 2:39pm | 137Analyst Camilo Lyon of Wedbush Morgan upgrades Dick’s Sporting Goods (NYSE: DKS) from "neutral" to "outperform," while raising his estimates for the company. The target price for DKS has been raised from $24 to $29. According to Wedbush Morgan, Dick’s Sporting Goods is likely to beat the guidance...
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Nook Faces Stock-Out, Barnes & Noble Makes Amends (BKS, AMZN)
Monday, December 21, 2009 - 12:49pm | 99Barnes & Noble (NYSE: BKS) announced that customers who pre-ordered its latest e-book reader Nook would receive a gift and a voucher worth $100 if they do not receive their orders by December 24 2009. Barnes & Noble had introduced Nook in October to compete with online rival Amazon’s (...
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What Will Drive Retail Growth in 2010? (JWN, M, WMT, COST, KSS, TIF)
Friday, December 18, 2009 - 5:13pm | 342The year 2009 has seen an increase of nearly 47% in the S&P Retail Index, which is more than double the S&P 500’s return of 21.3%. Barclays (NYSE: BCS) notes in its 2010 Retail Outlook that the stocks that were impacted the most by recessionary concerns have led the recovery, including...
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Jeweller Zale (ZLC) Curbs New Orders As Holiday Sales Slide
Friday, December 18, 2009 - 1:58pm | 114Zale Corporation (NYSE: ZLC) the second-largest U.S. jewelery retailer, has canceled some orders with suppliers as it struggles under the weight of mounting debt and sales declines. The Irving, Texas, company in a filing with the SEC revealed that sales at stores open for at least a year plummetted...
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Top Tech Stocks in 2010 (AKAM, AAPL, GOOG, SNDK)
Friday, December 18, 2009 - 1:37pm | 387According to an article published in TheMotleyFool.com on December 17, some of the tech stocks that not only are attractively priced, but also are attractive to third parties are: Akamai (NASDAQ: AKAM): AKAM has a leading content delivery network consisting of 55,000 globally-connected servers that...
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Kindle Sales Make Amazon Proud (AMZN, SNE, BKS, NWSA)
Friday, December 18, 2009 - 7:29am | 146Amazon’s (NASDAQ: AMZN) electronic book reader Kindle posted its best sales in December. Amazon views the Kindle as an essential growth driver that faces tight competition with rivals Sony Corp. (ADR) (NYSE: SNE) and Barnes & Noble (NYSE: BKS) as to who will emerge with the best-selling...
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ACMR Continues To Struggle
Thursday, December 17, 2009 - 4:13pm | 139Analysts at Credit Suisse maintain their "neutral" rating on AC Moore Arts & Crafts Inc (NASDAQ: ACMR), while reducing their estimates for the company. The target price for ACMR has been raised from $2 to $3. According to Credit Suisse, AC Moore Arts & Crafts continues to struggle due to...
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Dick’s (DKS) Can Double Its Store Base
Wednesday, December 16, 2009 - 2:15pm | 76JPMorgan retained its overweight rating for Dick's Sporting Goods, Inc. (NYSE: DKS) with a price target of $27. JPMorgan has noted that Dick’s is the best long-term growth story in the sports retail sector. It has the opportunity to double its current store base or even more. Dick’s stores feature...
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Cramer’s Picks (C, TIF, KSS, JWN, BBY, SBUX, BK, HAL, NBR, BHI, BJS)
Tuesday, December 15, 2009 - 1:45pm | 293CNBC's Mad Money show host Jim Cramer promoted a number of stocks on December 14, with Citigroup (NYSE: C) being his hot favorite. C opens its gigantic $17 billion equity offer this week. The company is raising capital through stock issuance to repay its government TARP loan. Jim is also bullish on...
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Wind Mobile To House Store-Within-A-Store In Blockbuster (BBI) Stores
Monday, December 14, 2009 - 4:53pm | 76According to the Canadian Press, Wind Mobile, a new wireless phone company in Canada has entered into an alliance with Canadian operations of Blockbuster Inc. (NYSE: BBI)(FREE stock trend analysis). According to the alliance, it will begin sales from 16 movie and rental chain outlets of...
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Stocks That Have Gained the Most (GNW, ODP, FITB, GCI, WYN)
Monday, December 14, 2009 - 2:32pm | 353The US market has been showing strength over the past several weeks now and has even sailed past credit concerns in Dubai, Greece and Spain, the weak report on initial jobless claims and the dismal response to the 30-year bond auction. Let’s have a look at a few stocks that have gained the most...