-
Borders Bankruptcy, Barnes & Noble Buy? (BGP, GE, BKS, AMZN)
Wednesday, February 2, 2011 - 12:27pm | 450Borders Group (NYSE: BGP) may file bankruptcy as soon as next week, Bloomberg reported yesterday. If bankruptcy is imminent for the company, what is the next step for investors? As Benzinga readers know, Borders reached a tentative agreement with General Electric (NYSE: GE) last week for a new $550...
-
Deutsche Bank Downs BGFV To Hold
Wednesday, February 2, 2011 - 8:04am | 50Analysts at Deutsche Bank downgrade Big 5 Sporting Goods Corporation (NASDAQ: BGFV) from “buy” to “hold.” The target price for BGFV is set to $15. BGFV shares gained 0.87% to close at $12.79 yesterday. More Analyst Ratings here
-
JP Morgan Initiates Signet Jewelers At Overweight With $50 PT
Tuesday, February 1, 2011 - 8:47am | 29JP Morgan has initiated coverage on Signet Jewelers Ltd. (NYSE: SIG) with an Overweight rating and has established a $50 price target.
-
Fast Money Pops & Drops, February 1st (YHOO, BGP, CBS, MMI, PLL)
Monday, January 31, 2011 - 8:50pm | 280Brian Kelly said on CNBC's Fast Money Pops & Drops that Yahoo! Inc. (NASDAQ: YHOO) got upgraded today, and the stock jumped 1.83%. He added that this was all about valuation. Borders Group, Inc. (NYSE: BGP) dropped 14.01% in the regular session, and Joe Terranova was not surprised. He said that...
-
Limited Brands Enhances Returns - Analyst Blog
Monday, January 31, 2011 - 5:31pm | 527After Family Dollar Stores Inc. (FDO) recently raised its quarterly dividend by 16.1% to 18 cents from 15.5 cents, and Tiffany & Company (TIF) announced a new share repurchase program of $400 million, it is now Limited Brands Inc.'s (LTD) turn to employ its free cash to enhance shareholders'...
-
Limited Brands Enhances Returns - Analyst Blog
Monday, January 31, 2011 - 5:16pm | 527After Family Dollar Stores Inc. (FDO) recently raised its quarterly dividend by 16.1% to 18 cents from 15.5 cents, and Tiffany & Company (TIF) announced a new share repurchase program of $400 million, it is now Limited Brands Inc.'s (LTD) turn to employ its free cash to enhance shareholders'...
-
Dow Jones Economic Sentiment Indicator Gains in January
Monday, January 31, 2011 - 2:16pm | 384With a gain of just under one point in January, the Dow Jones Economic Sentiment Indicator signaled that the U.S. economy is slowly pulling itself out of the recession. The ESI edged up from 46.1 in December to 46.9 in January, consolidating a positive 2.2 point gain in December. "Fears of a double...
-
Company News for January 31, 2011 - Corporate Summary
Monday, January 31, 2011 - 10:13am | 707• Arch Coal (NYSE:ACI) reported Q4 EPS of $0.33, ex-items, below the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 15% to $835.4 million, lower than the Zacks Consensus Estimate of $869.0 million • T. Rowe Price (NASDAQ:TROW) reported Q4 EPS of $0.72, above the Zacks...
-
Company News for January 31, 2011 - Corporate Summary
Monday, January 31, 2011 - 10:09am | 707• Arch Coal (NYSE:ACI) reported Q4 EPS of $0.33, ex-items, below the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 15% to $835.4 million, lower than the Zacks Consensus Estimate of $869.0 million • T. Rowe Price (NASDAQ:TROW) reported Q4 EPS of $0.72, above the Zacks...
-
Borders Sharply Lower After Delaying Vendor Payments (BGP)
Monday, January 31, 2011 - 10:05am | 138Borders (NYSE: BGP) reported yesterday that it will delay payments to certain parties including vendors, landlord, etc. Borders has chosen this plan of action in attempt to retain liquidity as it seeks to complete its refinancing or restructuring plans. After receiving a commitment from GE Capital...
-
JP Morgan Raises PT On Ulta Salon To $20
Monday, January 31, 2011 - 8:13am | 30JP Morgan has raised the price target on Ulta Salon, Costemics & Fragrance, Inc. (NASDAQ: ULTA) from $38 to $40 and maintains its Overweight rating.
-
Market Reacts to Fed Accouncement as Expected 01-26-2011
Friday, January 28, 2011 - 7:30pm | 826The market reacted to the Fed announcement as expected and the statement showed that the Fed is watching commodity price volatility/inflation, but this has not shifted into a change in current interest rate levels. The market now looks like it will continue to hit resistance, 1300 on the S&P,...
-
Could Orange Juice Become A Luxury? (TIF)
Friday, January 28, 2011 - 2:01pm | 286It probably won't be sold at Tiffany's (NYSE: TIF) anytime soon, but orange and apple juice may soon become a luxury for many people, as opposed to being part of their daily breakfast routines. Rising food inflation has hit every part of the world, and some analysts are speculating that orange...
-
Piper Jaffray Views ULTA Shares As A Top Growth Pick In 2011
Friday, January 28, 2011 - 8:58am | 117Following Ulta Salon, Cosmetics & Fragrance's (NASDAQ: ULTA) analyst day in Chicago (a first since the IPO), “we come away with an increased confidence in the company's bench strength and management's clear sense of intentional, process-driven decision making at what is, in our view, one of the...
-
Regis Misses Consensus - Analyst Blog
Thursday, January 27, 2011 - 8:01pm | 612Regis Corporation (RGS) reported second quarter fiscal 2011 adjusted earnings of 25 cents per share, below the Zacks Consensus Estimate of 28 cents. The lower-than-expected result was due to sluggish same-store sales. During the quarter, the company reported GAAP net income of $14.5 million, or...