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Equity Research Reiterates Hold Rating On Costco (COST)
Thursday, May 5, 2011 - 8:25am | 114In a recent report, Equity Research has maintained the hold rating on Costco (NASDAQ: COST) and price target of $80.00 while awaiting clarity on gross margins and a potential decrease in consumer spending in the upcoming summer. In the report, Equity Research said, "We are reiterating our Hold...
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BJ's April Same-Store Sales ex-gas +4.1%
Thursday, May 5, 2011 - 7:03am | 15BJ's (NYSE: BJ) April Same-Store Sales ex-gas +4.1%
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BJ's Wholesale Club April Comparable Store Sales up 8.5%
Thursday, May 5, 2011 - 7:01am | 113BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for April 2011 increased by 12.2% to $871.7 million from $777.0 million in April 2010. Comparable club sales for April 2011 increased by 8.5%, including a contribution from sales of gasoline of 4.4%. Excluding the impact of gasoline,...
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US Stock Futures Down As Investors Await GM Earnings, Retail Sales Data, ECB Meeting; Lloyds Shares Drop In Pre-Market Trading
Thursday, May 5, 2011 - 5:32am | 751US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM), same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 25 points to 12,647.00 and futures on the S&P 500 stock...
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Costco Reports 12% Rise In April Same-Store Sales
Thursday, May 5, 2011 - 3:40am | 84Costco Wholesale Corp (NASDAQ: COST) reported a 12% surge in its April same-store sales. The company's net sales increased 17% to $6.8 billion from $5.83 billion in the year-ago period. However, analysts were expecting comparable sales to rise by 8.9%. The company's same-store sales increased 11...
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May the Fourth Be With You
Wednesday, May 4, 2011 - 2:13pm | 364May Fourth is well-known in nerd circles as the day when mother's basement is filled with bespeckled boys of all ages, donning makeshift light sabers and Jedi robes, all in celebration of a movie phenomenon older than most in the room. That's right, readers -- it's Star Wars Day! Virgins of the...
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Walmart Plans to Create 4,000 New Jobs in South Carolina (WMT)
Wednesday, May 4, 2011 - 2:06pm | 93Walmart (NYSE: WMT) announced plans to open dozens of new stores throughout South Carolina over the next five years adding more than 4,000 jobs and stimulating hundreds of millions of dollars in new economic activity. At an event at the new South Carolina Farmers Market, South Carolina Gov. Nikki...
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Wal-mart (NYSE: WMT) To Invest 1.2 Million Reais In Brazil In 2011; Plans To Open 80 Stores (WMT)
Tuesday, May 3, 2011 - 2:28pm | 34Wal-mart (NYSE: WMT) To Invest 1.2 Million Reais In Brazil In 2011. Wal-Mart Also Plans To Open 80 Stores In Brazil In 2011, States Marcos Samaha, President of Wal-Mart Brazil.
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Earnings Preview for Murphy Oil (MUR)
Tuesday, May 3, 2011 - 8:51am | 250Murphy Oil (NYSE: MUR) will be reporting first-quarter 2011 results Wednesday afternoon. Analysts are looking for the oil refiner to announce that per-share earnings rose 23.0% from a year ago to $1.00. The consensus estimate has risen in the past 60 days from $0.85. Analysts also expect to see...
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CEOWORLD Top 10 Dividend Stocks- UGI, CFR, JNJ, ACI, AWR, ARTNA, CVX, GWW, NOC, PH
Monday, May 2, 2011 - 6:32am | 1467UGI Corporation (UGI) - UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in...
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TOP 15 Stocks To Watch this week- AAPL, BRK-A, BRK-B, BJ, C, F, GM, GPRO, IP, KND, N, NRTLQ, ONTY, SPPI, YRCW
Monday, May 2, 2011 - 3:48am | 2069Ford (NYSE:F)- Ford revenue increased 17% from last year to $33.1 billion and reduced its debt by $2.5 billion. The result showed an increase of $466 million over the first quarter of 2010, and is the best first quarter earnings since 1998. Competitors- General Motors Company (GM), Toyota Motor...
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Wal-Mart CEO: Inflation Is Coming, So You Better Watch Out! (WMT)
Friday, April 29, 2011 - 8:02am | 173Wal-Mart (NYSE: WMT) CEO Mike Duke said that inflation is affecting consumers purchasing power, as food and fuel prices rise. NEW YORK (MarketWatch) — Consumers' spending power has been affected In the face of rising fuel prices and other inflationary pressures, Wal-Mart Stores Inc.'s Chief...
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Wal-Mart's Core Shoppers Are Running Out Of Money
Thursday, April 28, 2011 - 1:39pm | 235Wal-Mart (NYSE: WMT) averages about 140 million shoppers each week in its U.S. stores and is considered a barometer of the health of consumers and the economy. Unfortunately, according to CEO Mike Duke, that health is still declining. "We're seeing core consumers under a lot of pressure," Duke said...
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Costco Approves Share Repurchase and Dividend Increase (COST)
Tuesday, April 26, 2011 - 5:21pm | 198Costco Wholesale Corporation (NASDAQ: COST) announced Tuesday that it has authorized $4 billion in stock repurchases and will raise its quarterly dividend from $.205 to $.24 per share. The share repurchase program will expire in April, 2015 and replaces the existing program, which has unused...
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UPDATE: Costco Ups Share Repurchase $800M to $4B; Quarterly Dividend $0.205 to $0.24 (COST)
Tuesday, April 26, 2011 - 3:47pm | 121UPDATE: Costco (NASDAQ: COST) Increases Its Share Repurchase Program from an Unused $800M to $4B. Costco Also Raises Its Quarterly Dividend from $0.205 to $0.24 . Costco Wholesale Corporation today announced that its Board of Directors has approved a common stock repurchase program of up to $4...