Specialty Stores

Wunderlich Securities provided color on Liberty Capital Group (NASDAQ: LCAPA), after the Group indicated its interest in acquiring Barnes and Nobles (NYSE: BKS). In a research report published today, Wunderlich described the Group's interest in Barnes and Noble. In the report, Wunderlich states...

Piper Jaffray has raised the price target on Hibbett Sports (NASDAQ: HIBB) from $32 to $40 and maintains its Neutral rating.

Jefferies & Company has raised the price target on PetSmart (NASDAQ: PETM) from $52 to $53 and maintains its Buy rating.

This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...

Love it or hate it, the season finale of the CW's Supernatural, with its showdown between the Winchester brothers and the angel Castiel, has brought season 6 to a close. Already the speculation about Supernatural season 7 is rampant: What does being a god mean for Castiel? Can Dean forgive him for...

Liberty Media Corp (NASDAQ: LCAPA) shares have moved well off the lows, after the company announced a bid for Barnes & Noble (NYSE: BKS) at $17 per share. Shares had started the session near $89, dropped all the way down near the $85 level, and have since moved back towards the $88 level....

BGB Securities provided color on Liberty Media's (NASDAQ: LCAPA) offer to purchase Barnes & Noble (NYSE: BKS) in a research report published today. BGB Securities has previously given Liberty a Buy rating and $100 price target. In the report, BGB Securities states, " In all, we see an...

Barnes & Noble, Inc. (NYSE: BKS) is in the news this morning, as the company received an unsolicited offer from John Malone's Liberty Media (NASDAQ: LCAPA) to purchase the company at $17 per share. At last check, shares were blowing past the $17 level, trading at $18.40, a gain of $4.29, or 30...

E-Commerce China Dangdang Inc (NYSE: DANG) reported a 203.6% surge in its net income for the first quarter on Friday. Dangdang reported its net income at RMB3.1 million ($0.5 million). Its total net revenue rose 53.5% y/y to RMB687.6 million ($105.0 million). DANG's adjusted EBITDA rose 27.7% y/y...

According to Citi, Liberty Capital (NASDAQ: LCAPA) announced its intention to acquire Barnes and Noble (BKS) for $17 per share (20% premium to 5/19/11 share price of ~$14), or about $1 billion in an all cash-transaction. Citi said that Liberty intends to finance $500 million of the acquisition...

Bank of America has upgraded Zale Corp. (NYSE: ZLC) from Neutral to Buy and is maintaining a $4.75 price target on the stock, which is down in spite of positive trends. Says Bank of America, in the report, “We are upgrading Zale from Neutral to Buy as the risk/reward favors upside given recent...

Last night, news came down that Liberty Media (NASDAQ: LCAPA) was making a bid for Barnes & Noble, Inc. (NYSE: BKS) for $17 per share. The bid came out of nowhere, and surprised everyone. So why did John Malone do this? That's been the big question that everyone is asking this morning, as no...

Hibbett Sports Inc (NASDAQ: HIBB) released its results for the first quarter on Friday. Hibbett reported its Q1 net income at $21.3 million, up from $17.3 million, in the year-ago period. Hibbett reported its Q1 earnings at $0.76 per share. The company's revenue increased 10.4% y/y to $203.7...

Bank of America has upgraded Zale (NYSE: ZLC) from Neutral to Buy and has a price objective of $4.75.

Barnes & Noble, Inc. (NYSE: BKS), today announced that the Special Committee of its Board of Directors has received a proposal from Liberty Media to acquire the Company at a price of $17 per share in cash. The proposal is subject to, among other things, the signing of a definitive purchase...