-
Citi Reiterates Staples Buy Rating After Management Meetings
Monday, March 28, 2011 - 7:44am | 72According to Citi, Staples' (NASDAQ: SPLS) Buy rating is reiterated after meetings with management. Citi reported that it hosted meetings with CFO John Mahoney. “These meetings gave us even more confidence that buying SPLS today is the right call, based on mgt's forward strategic thinking and...
-
CROP: The First Agribusiness ETF With A Small Cap Focus
Friday, March 25, 2011 - 6:16pm | 567The IQ Global Agribusiness Small Cap ETF (CROP), launched 3/22/2011, invests in global small cap companies engaged in the agribusiness sector. This includes crop production & farming, livestock operations, agricultural supplies & logistics, agricultural machinery, agricultural chemicals,...
-
Calls Purchased on Office Depot, Inc. (ODP)
Friday, March 25, 2011 - 1:49pm | 127Shares of Office Depot, Inc. (NYSE: ODP) are higher on the session by 0.21%, currently trading at $4.86. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
-
In-Depth Analysis: Best Buy (BBY, AMZN, WMT, BKS, BGP)
Friday, March 25, 2011 - 8:59am | 810Best Buy (NYSE: BBY) reported fourth quarter and full year earnings yesterday and failed to meet analysts' expectations. Best Buy reported revenue of $16.26 billion in the fourth quarter compared to $16.55 billion in the same period a year ago, or a decrease of 1.8%. Net income decreased by 16.4%...
-
J.P. Morgan's OPD Update
Friday, March 25, 2011 - 8:31am | 94J.P. Morgan has released a report updating on Office Depot (NYSE: ODP) after a meeting with the CFO. According to the report, "We recently met with ODP CFO Mike Newman. Overall, we walked away more encouraged by the internal momentum, heightened pace of change, improved strategic direction, and...
-
J.P. Morgan Reports On TIF Global Struggles
Friday, March 25, 2011 - 8:18am | 82J.P. Morgan has issued a report on the state of Tiffany & Co.'s (NYSE: TIF) global business. According to the report, "…concerns regarding the company's global growth story have clearly heightened, at least in the near term. The recent earthquake and ongoing crisis in Japan could be...
-
J.P. Morgan Maintains Neutral on PetSmart (PETM)
Friday, March 25, 2011 - 8:17am | 152J.P. Morgan is out with its report today on PetSmart (NASDAQ: PETM), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We believe the company is making strong strides in becoming a better merchant and are impressed by the cash-generating capabilities of the model. The management team...
-
Goldman Sachs Comments On Office Depot Management Meetings
Thursday, March 24, 2011 - 7:33am | 108According to Goldman Sachs, Office Depot (NYSE: ODP) management meetings move ahead. Goldman Sachs reported that its recent visit with ODP management suggests the company is making incremental improvements, in the context of some secular headwinds and a sluggish environment, as the search for a...
-
ThinkEquity Opens HZO With Hold
Thursday, March 24, 2011 - 6:26am | 49Analysts at ThinkEquity initiate coverage of MarineMax Inc (NYSE: HZO) with a “hold” rating. The target price for HZO is set to $9. HZO shares fell 0.56% to close at $8.88 yesterday. More Analyst Ratings here
-
Cabela's Inc. Appoints Beth M. Pritchard to Board of Directors
Wednesday, March 23, 2011 - 4:13pm | 26Cabela's Incorporated (NYSE: CAB) announced today that Beth M. Pritchard has been appointed to its Board of Directors.
-
Top Performing Industries For March 23 (JBL, CAJ, LIWA, BBW)
Wednesday, March 23, 2011 - 10:06am | 199At 10:05 am, the Dow fell 0.25% to 11,988.81, the broader Standard & Poor's 500 index moved down 0.62% to 1,285.70 and the NASDAQ composite index dropped 0.56% to 2,668.74. The industries that are still afloat in the market today are: Printed Circuit Boards: This industry jumped 2.50% by 10:...
-
Barnes & Noble May Not Find Buyer -Bloomberg (BKS)
Wednesday, March 23, 2011 - 7:28am | 65Barnes & Noble (NYSE: BKS) has been searching for a buyer for several months, but Bloomerg is reporting that their shop period may end with a buyer. Private equity firms and bidders have backed away from the bidding process according to people familiar with the situation.
-
Wall Street Strategies Comments On Tiffany Update And Earnings Assessment Report
Wednesday, March 23, 2011 - 6:54am | 190In a report published by Wall Street Strategies, Tiffany (NYSE: TIF) soothed the nerves of its investors on a few fronts. Wall Street Strategies said that Tiffany capped off a strong FY10 with a solid 4Q10; constant currency comps strengthened compared to 3Q10 in all geographic regions and gross...
-
Books-A-Million, Inc. Reports Q4 EPS of $0.44
Tuesday, March 22, 2011 - 4:00pm | 84Books-A-Million, Inc. (NASDAQ: BAMM) today announced financial results for the fourth quarter ended January 29, 2011. Net sales for the 13-week period ended January 29, 2011, decreased 2.6% to $153.1 million from net sales of $157.2 million in the year-earlier period. Comparable store sales for...
-
Blackberry Tablet Coming April 19 (RIMM, AAPL, SPLS, BBY, ODP, RSH, T, S, VZ)
Tuesday, March 22, 2011 - 11:29am | 260The Blackberry PlayBook tablet from Research In Motion Ltd. (NASDAQ: RIMM) will be in stores April 19. RIM is releasing the PlayBook in an attempt to close the gap that Apple (NASDAQ: AAPL) has created with the iPad. Apple has sold over 15 million iPads in the past year. Demand for the PlayBook...