-
Earnings Roundup For May 17 (HD, TJX, WMT, HPQ, SKS, TSL, DKS, STV, VOD, SCEI, TSEM, CHUX, ITRN, GCAP)
Tuesday, May 17, 2011 - 8:06am | 1020Home Depot Inc (NYSE: HD) reported a 12% rise in its fiscal first-quarter net income and raised its earnings forecast for the fiscal year. The retailer reported its quarterly earnings at $812 million, or $0.50 per share, up from $725 million, or $0.43 per share, in the year-ago quarter. Its shares...
-
Futures Give Up Pre-Market Gains On Weak HP, Wal-Mart Results (HPQ, WMT)
Tuesday, May 17, 2011 - 7:11am | 82Futures have given up all of their pre-market gains this morning, as earnings reports from Wal-Mart (NYSE: WMT) and Hewlett-Packard (NYSE: HPQ) missed estimates, citing weakened consumers, and rising commodity costs. At last check, Dow futures were up 4 points, NASDAQ futures were down 0.5 point,...
-
A Peek Into The Market Before The Trading Starts
Tuesday, May 17, 2011 - 6:28am | 376Pre-open movers US stock futures are higher this morning, as investors are awaiting industrial production and housing data. Futures on the Dow Jones Industrial Average surged 37 points to 12,546.00 and futures on the S&P 500 stock index rose 4.40 points to 1,330.00. Nasdaq 100 futures gained 5....
-
Earnings Preview for Target (TGT, WMT, SHLD)
Tuesday, May 17, 2011 - 6:01am | 454Target (NYSE: TGT) is expected to announce its Q1 earnings results on Wednesday, May 18, before the markets open. Analysts expect earnings per share to be $0.94, or 4.4% higher than in the same period last year. The Street's estimate was reduced a number of times recently, however. In the last 30...
-
US Stock Futures Up As Investors Await Industrial Production, Housing Data; H-P, Wal-Mart Earnings In Focus
Tuesday, May 17, 2011 - 5:27am | 511US stock futures are higher this morning, as investors are awaiting industrial production and housing data, along with earnings reports from Hewlett-Packard Co (NYSE: HPQ) and Wal-Mart Stores Inc (NYSE: WMT). Futures on the Dow Jones Industrial Average surged 39 points to 12,548.00 and futures on...
-
Earnings Scheduled For May 17 (SKS, HD, DKS, WMT, HPQ, TJX, GILT, CHUX, DELL, ADI, TSL, SYPR, VSAT, YTEC)
Monday, May 16, 2011 - 11:46pm | 369Saks Inc (NYSE: SKS) is estimated to post its Q1 EPS at $0.16 on revenue of $724.46 million. Home Depot Inc (NYSE: HD) is projected to report its Q1 earnings at $0.49 per share on revenue of $17.02 billion. Dick's Sporting Goods Inc (NYSE: DKS) is expected to report its Q1 earnings at $0.29 per...
-
Consumer Now in Question 05-16-2011
Monday, May 16, 2011 - 6:03pm | 953Cusick's Corner Breach! Pressure mounts in Washington as the debt ceiling was breached (bad for the postal pension holders), sending the bond markets to their best levels. Government pension holders will be the backstop at least through the summer. In the commodity world, the floods along the...
-
Earnings Preview for Wal-Mart (WMT, MSM, CA)
Monday, May 16, 2011 - 2:24pm | 513Wal-Mart (NYSE: WMT) is expected to announce its Q1 earnings results on Tuesday, May 17. Analysts expect earnings per share to reach $0.95, or an increase of 9.2% on the same quarter last year. Revenues are projected to stand at $103.02 billion, or 3.2% higher than in the same quarter a year ago....
-
17 Breakout Momentum Stocks
Sunday, May 15, 2011 - 9:48pm | 3381Click here for a FREE Trading Course Follow me on Twitter! Each week I publish stocks to watch for the upcoming week as potential momentum trades. The stocks below all have a 50k minimum average daily share volume and traded at a 52-week high on strong volume, with a minimum of two times relative...
-
Friday the 13th Somewhat Scary in the Markets 05-13-2011
Friday, May 13, 2011 - 5:23pm | 1039Cusick's Corner Here's something to look at over the weekend, check out options volatility ahead of earnings. Log into your optionsXpress account and check out the Volatility View chart, plus go to our Options Chains to see the Implied Volatility & Greeks on a strike-by-strike basis. Stocks...
-
A Peek Into The Market Before The Trading Starts
Friday, May 13, 2011 - 6:20am | 397Pre-open movers US stock futures are higher this morning, after data showed strong Q1 growth in the euro zone. Gold and silver prices also surged, while the US dollar dropped versus major currencies. Futures on the Dow Jones Industrial Average gained 14 points to 12,686.00 and futures on the S&...
-
US Stock Futures Up After Strong Euro-Zone Growth; Gold, Silver Futures Rise
Friday, May 13, 2011 - 5:35am | 450US stock futures are higher this morning, after data showed strong Q1 growth in the euro zone. Gold and silver prices also surged, while the US dollar dropped versus major currencies. Futures on the Dow Jones Industrial Average gained 19 points to 12,691.00 and futures on the S&P 500 stock...
-
Wal-Mart To Buy Minority Stake In Yihaodian
Friday, May 13, 2011 - 4:25am | 141Wal-Mart Stores Inc (NYSE: WMT) agreed to buy a minority stake in the holding company of Chinese eCommerce company Yihaodian. Wal-Mart did not disclose the financial terms of transaction. The deal is likely to close within 60 days. Eduardo Castro-Wright, vice chairman, Wal-Mart Stores Inc and...
-
Five Consumer Staples ETFs For Defensive Players
Thursday, May 12, 2011 - 1:07pm | 594Alright, so this is the environment that we're looking at: Rising inflation concerns, falling commodities prices, diminishing risk appetite and several other factors that indicate paring back a portfolio's beta in the near- to medium-term may is probably a fine idea. Sounds like a good time to...
-
Brian Sozzi Discusses April Retail Sales (AEO, WMT, TGT, ANF)
Thursday, May 12, 2011 - 9:15am | 357Brian Sozzi from Wall Street Strategies is out with a research note on April retail sales, which were released this morning. In the report, Sozzi mentions names such as American Eagle (NYSE: AEO), Target (NYSE: TGT), and Wal-Mart (NYSE: WMT), and Abercrombie & Fitch (NYSE: ANF). In the note...