Hypermarkets & Super Centers

Jefferies & Co. has a Buy rating and a $61 price target on shares of Wal-Mart (NYSE: WMT) after it reported earnings. In a note to investors, Jefferies writes, "We think Q1 results and the outlook for Q2 were enough to essentially maintain current levels. We think investors should continue to...

Citigroup commented on Wal-Mart (NYSE: WMT) in a report released yesterday. In the report, Citigroup was positive in its assessment. Citigroup writes, “We were pleasantly surprised by WMT's first quarter earnings beat. While Walmart U.S. comps of (-1.1)% remained in negative territory, it was the...

Pre-open movers US stock futures are higher this morning, after upbeat earnings from Dell Inc (NASDAQ: DELL). Investors are awaiting the minutes from the meeting of the US Federal Reserve. Futures on the Dow Jones Industrial Average surged 26 points to 12,463.00 and futures on the S&P 500 stock...

BJ's Wholesale Club Inc (NYSE: BJ) released its results for the first-quarter on Wednesday. The company reported its Q1 profit at $33.67 million, or $0.62 per share, versus $26.1 million, or $0.49 per share, in the year-earlier period. Its sales surged 10% to $2.77 billion. However, analysts were...

Goldman Sachs is raising its price target from $59 to $60 on Wal-Mart Stores (NYSE: WMT) following the company's 1Q2011 results. In the report, Goldman Sachs writes, “WMT reported double-digit 1Q EPS growth that exceeded both management guidance and consensus estimates. However, the inability to...

Citigroup has raised the price target on Wal-Mart Stores (NYSE: WMT) from $63 to $70 and maintains its Buy rating.

US stock futures are higher this morning, after upbeat earnings from Dell Inc (NASDAQ: DELL). Investors are awaiting the minutes from the meeting of the US Federal Reserve. Futures on the Dow Jones Industrial Average surged 32 points to 12,469.00 and futures on the S&P 500 stock index rose 3.20...

Goldman Sachs has raised the price target on Wal-Mart Stores (NYSE: WMT) from $59 to $60 and maintains its Neutral rating.

BJ's Wholesale Club Inc (NYSE: BJ) is estimated to post its Q1 earnings at $0.56 per share on revenue of $2.82 billion. Deere & Company (NYSE: DE) is projected to report its Q2 EPS at $2.06 on revenue of $8.14 billion. Target Corp (NYSE: TGT) is estimated to report its Q1 earnings at $0.94...

Cusick's Corner The Bulls have the Buck, UUP, finishing the After Hours at the worst levels of the day. Tech, QQQQ, was the drag as earnings came in strong but forecasts were guided down for future quarters. Finance, XLF, finished the day at its best levels, taking some of the pressure off of the...

Cusick's Corner I do not like what I see -- too many stocks are slicing through mid-term support, 50 SMA, and the sector rotation is very defensive. In full disclosure I am working, not in yet, a neutral/bearish ratio spread in the S&Ps. The Bulls are on watch, neutral positioning that has...

Wall Street Strategies reiterated its Wal-Mart (NYSE: WMT) Sell rating and $50 price target in a research report published today. In the report, Wall Street Strategies states, " Shares of Wal-Mart were trading at $55.46 at the time of posting, down 1.07% from Monday's market close.

This morning, the retail sector is the one area of the market that is holding up despite the early stock market declines. Many traders and investors have been buying retail stocks as the price of oil, and gasoline have declined. The Retail Holders Trust(NYSE: RTH) is trading higher this morning by...

Shares of LKQ Corporation (NASDAQ: LKQX) gained about 0.2% after the company announced its plans to buy the US paint distribution business, including 40 stores, from AkzoNobel Coatings Inc. The transaction is likely to close by May 27. Financial details of the deal were not disclosed. Wal-Mart...

According to Goldman Sachs, Wal-Mart Stores (NYSE: WMT) reported 1Q operating EPS of $0.98, ahead of its estimate and consensus of $0.97 and $0.95. Goldman Sachs said that better revenues and expense control more than offset declines in the gross margin rate. “Below the EBIT line, higher interest...