Specialty Stores

Shares of Hibbett Sports, Inc. (Nasdaq: HIBB) are down sharply this afternoon after the sporting goods company reported weaker than expected earnings. Shares are down $1.63 to $24.50 on more than three times daily volume. The Birmingham, AL based comapny earned 14 cents a share, after earning 4...

International Strategy & Investment Group Inc. has a $24 price target and Buy rating on shares of Staples (NASDAQ: SPLS) after the company reported earnings yesterday that were stronger than expected. In the research report, International Strategy & Investment Group Inc. writes, "Looking...

Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 67 points to 10,271, the S&P 500 futures shed 7.3 points to 1,075.63, and the NASDAQ futures...

JM Smucker (NYSE: SJM) is expected to post its FQ3 profit of $0.96 per share on $1.07 billion in revenue. AnnTaylor (NYSE: ANN) is estimated to report its Q2 EPS at $0.33 on revenue of $503.30 million. Hormel Foods Corp (NYSE: HRL) may post its FQ3 earnings of $0.60 per share on $1.67 billion in...

Staples, Inc. (SPLS), a global leader in the supply of office products, posted second-quarter 2010 results this morning. The quarterly earnings of 20 cents a share was in line with the Zacks Consensus Estimate and rose 25% from 16 cents earned in the prior-year quarter. On a reported basis,...

Stocks managed to close higher for a second consecutive session, but the gains were modest as weakness in energy shares offset strength in retailers’ stocks. Target led the strength in stocks of consumer-discretionary companies after its profit outlook for the current quarter matched Street...

• Sears Holdings (NASDAQ: SHLD) posted a second quarter loss of 19 cents per share, one cent above Zacks estimates, on revenues of $10.5 billion, below Zacks estimates of $10.6 billion • Staples (NASDAQ: SPLS) posted in-line second quarter earnings of 20 cents a share; however, revenues of $5.5...

In a company update released by Golman Sachs (NYSE: GS) today, the firm's analysts said that they are raising estimates and their price target on PetSmart (NASDAQ: PETM) after the company's earnings release yesterday. PETM reported earnings per share of $0.41, which exceeded Goldman and the Street'...

Open Text Corporation (NASDAQ: OTEX) shares moved up 13.42% to $42.25 at 11:52 am. The volume of OTEX shares traded was 1040% higher than normal. OTEX has reported upbeat Q4 earnings, driven by strong revenue growth and cost controls. Symantec Corporation (NASDAQ: SYMC) shares rose 3.34% to $13.01...

Moody's Investors Service has raised the issuer rating of eBay Inc (NASDAQ: EBAY) from “A3” to “A2” to reflect the company's strong performance and credit metrics through the period of economic downturn. Moody's said, "The upgrade reflects eBay's solid debt protection measures that are derived from...

Wall Street's double-dip fears were revived Thursday morning as the Dow dropped 150 points in the wake of a nine-month high for weekly jobless claims and a surprisingly gloomy regional manufacturing report. Today’s Markets As of 10:15 a.m. ET, the Dow Jones Industrial Average fell 118.82 points,...

Deutsche Bank is out with a research report this morning, where it reiterates its Hold rating on PetSmart Inc. (NASDAQ: PETM); it has a $36.00 price target on the stock. The DB analysts cited the company’s recent earnings report, which was better than expected on better gross margins and higher...

Wells Fargo Securities likes PetSmart, Inc. (NASDAQ: PETM) after the company reported a solid quarter and beat earnings expectations. It has a $35-$37 price target on shares of PetSmart. It rates shares at Outperform. In the research report Wells Fargo writes, "PetSmart delivered a nice earnings...