Specialty Stores

Tiffany & Co (NYSE: TIF) reported upbeat second-quarter results and raised its forecast for the year. Tiffany's quarterly profit climbed 33% to $90 million, or $0.69 per share, from $67.7 million, or $0.53 per share, in the year-ago period. Its sales surged 30% to $872.7 million. Its adjusted...

Some of the stocks that may grab investor focus today are: Krispy Kreme Doughnuts (NYSE: KKD) reported upbeat second-quarter results. The company's profit came in at $8.8 million, or $0.12 per share, on sales of $98 million. Excluding a one-time gain, the company's earnings came in at $0.06 per...

Collective Brands (NYSE: PSS) +28.89% on upbeat earnings reported yesterday. Bank of America (NYSE: BAC) +20.17% after the announcement that Berkshire Hathaway will invest $5B in the company. Signet Jewelers (NYSE: SIG) +11.49% on upbeat earnings. Citigroup Inc. (NYSE: C) +9.67% on Bank of...

Hormel Foods Corp (NYSE: HRL) reported a 15% rise in its fiscal third-quarter net income and raised its full-year earnings forecast. Hormel reported its quarterly earnings at $98.5 million, or $0.36 per share, up from $85.4 million, or $0.32 per share, in the year-ago period. Its revenue climbed 10...

Jefferies & Co. is out with a research report on Tiffany & Co. (NYSE: TIF) and it has a Hold rating and a $70 price target. In a note to clients, Jefferies & Co. writes, "We expect TIF to report a solid 2Q with good comps and some margin expansion. However we remain cautious on the...

Signet Jewelers Ltd (NYSE: SIG) reported a rise in its Q2 profit. Signet reported its quarterly net income at $66.3 million, or $0.76 per share, up from $38.7 million, or $0.45 per share, in the year-ago period. Signet's sales at stores open at least a year surged 12.2% in the US and 1.4% in...

US stock futures are slightly lower this morning, as investors are awaiting jobless claims data. Shares of Apple Inc (NASDAQ: AAPL) dropped about 4.5% in pre-market trading following the resignation of Chief Executive Officer Steve Jobs. Futures for the Dow Jones Industrial Average dropped 12...

Krispy Kreme Doughnuts Inc (NYSE: KKD) is expected to report its Q2 EPS at $0.06 on revenue of $92.26 million. Hormel Foods Corporation (NYSE: HRL) is estimated to report its Q3 EPS at $0.35 on revenue of $1.87 billion. Shoe Carnival Inc (NASDAQ: SCVL) is projected to report its Q2 EPS at $0.30...

Blueshift Ideas is out with a series of tweets on Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) and is saying the company will benefit from both the high-end and low-end customers. Blueshift says that Ulta Salon's "product mix, loyalty program and discounts" [will continue] to drive...

Sterne Agee maintains Buy on Tiffany & Co. (NYSE: TIF), maintaining Buy. In its report, Sterne Agee writes, "TIF should continue to benefit, in our view, from an increasingly globally diversified business model (particularly leverage to the Chinese consumer), industry consolidation in recent...

Barnes & Noble, Inc. (NYSE: BKS) announced today it is enhancing NOOK Newsstand with the addition of titles including Fortune, People, Sports Illustrated, Time, Parents and Fitness magazines. These newly added titles include a selection of interactive special editions optimized for NOOK...

Oppenheimer & Co. is out with a research report on Dick's Sporting Goods (NYSE: DKS) and it has an Outperform rating and a $48 price target on shares. In a note to clients, Oppenheimer & Co. writes, "Yesterday we met with senior management of Outperform-rated Dick's Sporting Goods at the...

By 10:38 am, the Dow Jones Industrial Average was up 139.33 points, or 1.29%, to 10,956.98, while the broader Standard & Poor's 500 index had gained 12.91 points, or 1.15%. The NASDAQ composite index rose 34.52 points, or 1.47%. Some of the narrow based indexes that are driving the markets...

Barnes & Noble (NYSE: BKS) +5.11% after losing 15% on Friday. Under Armour (NYSE: UA) +7.05% - hearing two mid-tier analyst firms have a Buy rating on the company. Swift Transportation Company (NYSE: SWFT) +7.34% - hearing Capstone upgraded the company to Buy this morning. Elbit Systems (...

At 10:10 am, the Dow rose 1.24% to 10,951.76, the broader Standard & Poor's 500 index moved up 1.26% to 1,137.71 and the NASDAQ composite index gained 1.27% to 2,371.58. The industries that are driving the market today are: Toy & Hobby Stores: This industry jumped 4.23% by 10:10 am. The...