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Jefferies Raises 1Q EPS On BJs Wholesale Club
Thursday, May 12, 2011 - 7:31am | 73According to Jefferies, BJ's Wholesale Club (NYSE: BJ) 1Q EPS is raised. Jefferies said that it is raising its 1Q EPS estimate to $0.56 reflecting on plan comp store sales. “We continue to primarily recommend BJ shares on the prospects of a going private transaction, and have raised our price...
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Jefferies Maintains Rating, PT On WMT
Thursday, May 12, 2011 - 6:35am | 95Jefferies is maintaining its Buy rating and its $61 price target on Wal-Mart Stores (NYSE: WMT) as the company deals with “headwinds.” In the report, Jefferies writes, “We believe that Wal-Mart's decision to get back to a broader assortment is starting to benefit comp store sales in grocery, but...
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Jefferies Raises PT On BJ's Restaurants To $60
Thursday, May 12, 2011 - 6:21am | 28Jefferies & Company has raised the price target on BJ's Wholesale Club (NYSE: BJ) from $55 to $60 and maintains its Buy rating.
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Jefferies Raises PT From $85.00 To $93.00 And EPS From $0.74 To $0.77 On Costco (COST)
Thursday, May 12, 2011 - 6:13am | 95In a recent report, Jefferies has raised the price target on Costco (NASDAQ: COST) from $85.00 to $93.00 and the EPS estimate from $0.74 to $0.77 after better than expected results from 3Q sales. In the report, Jefferies said, "Costco remains the best positioned in our group to benefit from...
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Should Raj Rajaratnam Be Under House Arrest Until Sentencing? Wall Street Strategies' Brian Sozzi Weighs In
Wednesday, May 11, 2011 - 5:08pm | 955Despite the guilty verdict, Raj Rajaratnam is somewhat of a free man, at least for the time being. He will be under house arrest with electronic surveillance until sentencing on July 29. Was this the appropriate punishment for the former hedge fund manager? “Well, it should have been more severe...
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Microsoft Just Pulled Another "Microsoft" with its Purchase of Skype
Wednesday, May 11, 2011 - 9:26am | 2506When I wake up in the morning and check news for the companies I own, I worry. I don't worry that my companies missed their quarterly guidance by a few pennies – running a business is an art, and things don't usually work out in a precise, linear fashion. The companies that have a "deliver...
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Using the Euro as a Barometer 05-10-2011
Tuesday, May 10, 2011 - 3:03pm | 1002Cusick's Corner The market bounced this morning after a brief breach of support, 1340 level for the June S&P and 134 level for the SPY; back up on a weak Buck and the promise of continual economic growth. The short-term market action needs to break current resistance, 1350 on the June future,...
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Yuan, Two, Three, Four...How About a Currency War?
Tuesday, May 10, 2011 - 9:38am | 804If war is a continuation of politics by other means, then it is fair to say that the United States and China are in the intermediate stages of the most serious world conflict since Hitler was toppled. Forget Afghanistan. Forget Iraq. Forget Libya. Set aside nightmare scenarios of nuclear missiles...
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Blueshift Hearing Positive Things About Dollar General (DG)
Monday, May 9, 2011 - 1:16pm | 142Blueshift Ideas is out with a series of tweets on Dollar General Corp. (NYSE: DG), and is hearing positive things about the company, particularly at the expense of Wal-Mart (NYSE: WMT). In the tweets, Blueshift said that Dollar General is "best positioned for budget consumers." It also says that...
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Just Another Chinese Recall: Toy Story Game Recalled For Lead (DIS, WMT)
Monday, May 9, 2011 - 9:42am | 82There is another recall stemming from high lead in a game made in China. The U.S. Consumer Product Safety Commission announced over the weekend a voluntary recall of approximately 600 Toy Story 3 Bowling Games that were sold in Walmart (NYSE: WMT) in the U.S. between September 1-25, 2010. Toy...
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NASDAQ Stocks Hitting 52-Week Highs (PSMT, KLIC, OFIX, JCS)
Monday, May 9, 2011 - 9:18am | 138PriceSmart Inc (NASDAQ: PSMT) shares surged 4.41% to create a new 52-week high of $46.84. PSMT reported a 37.0% y/y surge in its April net sales. Kulicke and Soffa Industries Inc (NASDAQ: KLIC) shares jumped 2.09% to create a new 52-week high of $12.23. KLIC reported upbeat Q2 earnings. Orthofix...
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25 Momentum Stocks Breaking Out on Friday
Monday, May 9, 2011 - 7:57am | 3010Get MarketClub's Free Daily Video Market Updates Here 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...
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Updates- GrouponLive, Softbank, Volkswagen, Wal-Mart, Toshiba, AAPL, GOOG, LYV, WMT, DYN, MCD, UAL
Monday, May 9, 2011 - 7:54am | 1894According to the BrandZ Top 100 ranking, Apple Inc., (NASDAQ:AAPL), designs, manufactures and markets a range of personal computers has overtaken Google Inc. (NASDAQ:GOOG) as the world's most valuable brand. Apple with a stock market capitalization of $319.4 billion, compared with Google's $172....
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Retail Earnings: A Sneak Peek (KSS, JWN, WMT, TGT, HD)
Monday, May 9, 2011 - 7:50am | 631The earnings season is beginning to wind down for another quarter. That can only mean that it is time for some of our favorite shopping mall and strip mall retailers to step into the earnings spotlight. Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) start things off later this week when they report...
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PriceSmart Trading Over 4.5% Higher Today; Hitting 9-Year High (PSMT)
Friday, May 6, 2011 - 9:55am | 18PriceSmart (NASDAQ: PSMT) Trading Over 4.5% Higher Today; Hitting 9-Year High