-
US Stock Futures Up As Investors Await Jobless Claims, GDP Data
Thursday, May 26, 2011 - 6:16am | 568US stock futures are higher this morning, as investors are awaiting data on jobless claims and first-quarter economic growth. Futures on the Dow Jones Industrial Average surged 29 points to 12,380.00 and futures on the S&P 500 stock index rose 2.70 points to 1,319.30. Nasdaq 100 futures gained...
-
Earnings Scheduled For May 26
Thursday, May 26, 2011 - 12:45am | 491Big Lots Inc (NYSE: BIG) is projected to report its Q1 earnings at $0.69 per share on revenue of $1.23 billion. Fred's Inc (NASDAQ: FRED) is expected to post its Q1 EPS at $0.24 on revenue of $485.05 million. Tiffany & Co (NYSE: TIF) is projected to report its Q1 EPS at $0.57 on revenue of $...
-
Stocks To Watch For May 26
Thursday, May 26, 2011 - 12:13am | 293Some of the stocks that may grab investor focus today are: Wall Street expects Tiffany & Co (NYSE: TIF) to report its Q1 EPS at $0.57 on revenue of $703.32 million. TIF shares surged 4.23% to $73.00 in after-hours trading. Guess? Inc (NYSE: GES) reported upbeat results for its fiscal first-...
-
Deutsche Bank Provided Color on Dick's Sporting Goods, Buy
Wednesday, May 25, 2011 - 10:40am | 115Deutsche Bank provided color on Dick's Sporting Goods (NYSE: DKS) after a meeting with its management. In a research report published today, Deutsche Bank remained optimistic about Dick's Sporting Goods' future. It currently has a Buy rating and a price target of $46 on the company. In the report...
-
Deutsche Bank Provides Color on PetSmart, Hold
Wednesday, May 25, 2011 - 10:19am | 172Deutsche Bank provided color on PetSmart (NASDAQ: PETM) after a meeting with its management. In a research report published today, Deutsche Bank remained optimistic about the company's prospects. It did not change its rating from Hold and price target from $46, however. In the report, Deutsche...
-
Morning Market Movers
Wednesday, May 25, 2011 - 9:53am | 121Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ: QTWW) shares advanced 40.41% to $5.42 at 9:50 am. QTWW received a fleet contract from Dow Chemical Company (NYSE: DOW). Martha Stewart Living Omnimedia Inc (NYSE: MSO) shares surged 19.63% to $4.51. MSO appointed Lisa Gersh as the company's...
-
Earnings Roundup For May 25
Wednesday, May 25, 2011 - 8:54am | 863Costco Wholesale Corp (NASDAQ: COST) reported a 5.9% rise in its fiscal third-quarter net profit on Wednesday. Costco reported its quarterly net profit at $324 million, or $0.73 per share, up from $306 million, or $0.68 per share, in the year-earlier period. Its revenue surged 16% to $20.19 billion...
-
UPDATE: Zale Narrows FQ3 Loss To $10 million
Wednesday, May 25, 2011 - 7:56am | 120Zale Corporation (NYSE: ZLC) released its results for the third fiscal quarter on Wednesday. Zale reported a quarterly net loss from continuing operations at $10 million, or $0.31 per share, versus a net loss from continuing operations of $15 million, or $0.46 per share, in the year-ago quarter....
-
J.P. Morgan Lowers PT on Staples
Wednesday, May 25, 2011 - 7:56am | 92According to a recent report, J.P. Morgan has lowered the price target on Staples (NASDAQ: SPLS) from $25.00 to $22.00 due to a lack of near-term urgency. In the report, J.P. Morgan said, "We believe the stock is oversold and has a solid longer term story, but urgency is lacking in the near term...
-
JP Morgan Lowers PT On Staples To $22
Wednesday, May 25, 2011 - 6:22am | 26JP Morgan has lowered the price target on Staples (NASDAQ: SPLS) from $25 to $22 and maintains its Overweight rating.
-
Is the Buck Badgering the Market? 05-24-2011
Tuesday, May 24, 2011 - 6:16pm | 884Cusick's Corner The Buck firmed into the close while Finance, XLF (thanks Citi +.35 and 9% of the XLF) was the strongest of the offensive sectors, this segment is just off its lows. We may have a consolidation forming in front of the long weekend. In the Commodity markets there was a nice...
-
Books-A-Million Q1 Comparable Store Sales Down 13.2%
Tuesday, May 24, 2011 - 4:35pm | 33Books-A-Million, Inc. (NASDAQ: BAMM) today announced comparable store sales for the 2012 first quarter decreased 13.2% when compared with the 13-week period for the prior-year first quarter.
-
Resistance is Former Support Level 05-24-2011
Tuesday, May 24, 2011 - 2:51pm | 931Cusick's Corner Some readers have asked me what sparked my skepticism last week. Answer: Europe -- specifically the PIIGS. While Greece is that ugly sore that just won't go away, the revelations that Italy may be in trouble has rocked the market since Italy has had the best performing market in...
-
Office Depot: Comeback Kid or Total Flop?
Tuesday, May 24, 2011 - 1:25pm | 356Depending on your outlook, Office Depot (NYSE: ODP) is either the next big comeback story, or a wonderful way to gamble away what's left of your 401k. Office Depot has been on a downward slide for several years now. Where the stock traded around $40 in early 2007, it is now worth maybe 10% of that...
-
UPDATE: Barnes & Noble Introduces The All-New NOOK; Will Begin Shipping Around June 10
Tuesday, May 24, 2011 - 10:33am | 87Barnes & Noble, Inc. (NYSE: BKS) today expanded its digital reading offering with the All-New NOOK, The Simple Touch Reader. With a full touchscreen, NOOK features extra-long battery life on the portable 6-inch eReader with the E Ink Pearl display. Now available for pre-order at www.nook.com...