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BJ's Wholesale Reports Upbeat Q4 Earnings
Wednesday, March 2, 2011 - 8:58am | 58BJ's Wholesale Club Inc (NYSE: BJ) reported its Q4 adjusted EPS at $0.95, beating the consensus of $0.92. BJ reported its Q4 revenue at $2.96 billion, versus the consensus of $2.98 billion. BJ shares fell 0.23% to $48.20 in after-hours trading. Read more from Benzinga's Company news.
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US Stock Futures Up As Investors Await Labor-Market Data, Oil Rises Above $100 Per Barrel
Wednesday, March 2, 2011 - 8:54am | 286US stock futures are higher this morning, as investors are awaiting labor-market data. Crude oil traded above $100 a barrel. Futures on the Dow Jones Industrial Average rose 27 points to 12,049.00 and futures on the S&P 500 stock index gained 3.6 points to 1,304.70. Nasdaq 100 futures gained 5....
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Wall Street Strategies Comments On Costco (COST)
Wednesday, March 2, 2011 - 8:52am | 133Wall Street Strategies provided color on Costco (NASDAQ: COST) in a pre-market research note published today. Wall Street Strategies previously downgraded Costco from Buy to Hold on December 31, 2010. In the report, Wall Street Strategies states, "The area of concern for us is the gross margin...
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Costco Reports Q2 EPS of $0.79
Wednesday, March 2, 2011 - 6:25am | 64Costco Wholesale Corp (NASDAQ: COST) reports its Q2 EPS at $0.79, versus the consensus of $0.79. COST reports its Q2 revenue at $20.88 million, versus the consensus of $20.54 billion. COST reports 7% rise in its Q2 same-store sales. COST shares gained 0.04% to $73.65 in after-hours trading. Read...
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Earnings Scheduled For March 2 (BJ, SPLS, PSS, COST, FL, SIGM, ASNA, JOYG, CPRT, BZ, CSU, DAR)
Wednesday, March 2, 2011 - 5:48am | 323BJ's Wholesale Club Inc (NYSE: BJ) is projected to report its Q4 EPS at $0.92 on revenue of $2.98 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q4 EPS at $0.40 on revenue of $6.48 billion. Collective Brands Inc (NYSE: PSS) is expected to post a Q4 loss at $0.19 per share on...
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Stocks To Watch For March 2 (SPLS, COST, MDR, JOYG, MET)
Wednesday, March 2, 2011 - 5:30am | 218Some of the stocks that may grab investor focus today are: Wall Street expects Staples Inc (NASDAQ: SPLS) to report its Q4 EPS at $0.40 on revenue of $6.48 billion. SPLS shares dropped 2.07% to close at $20.86 yesterday. Analysts are expecting Costco Wholesale Corp (NASDAQ: COST) to have earned $0...
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Why Green Dot Is One of the Best Long Term Growth Plays
Tuesday, March 1, 2011 - 12:33pm | 654By David Dispennette Chances are, we've all known a person that's financial skepticism was molded by the Great Depression, and they've likely shared stories about burying money in the yard, under the mattress and in the walls of their home. It was an uncertain time in America; one in which...
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G.E.T. Announces G-OIL Motor Oil Distibution at Walmart
Monday, February 28, 2011 - 10:49am | 106Green Earth Technologies, Inc. (GETG) announced today the distribution of their G-OIL 5W-30 Bio-based Full Synthetic Motor Oil in over 2,100 Walmart (NYSE: WMT) stores throughout the United States. G-OIL is the world's first and only American Petroleum Institute's "SM" Certified 5W-30 Bio-Based...
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Sterne Agee Highlights Mattel's New Management
Monday, February 28, 2011 - 10:14am | 198Sterne Agee has published a research report on Mattel, Inc. (NASDAQ: MAT) after the company appointed new management and sees Wal-Mart (NYSE: WMT) remain its top retailer. In the report, Sterne Agee writes "Following the recent restructuring announcement and appointment of Bryan Stockton as COO and...
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Toys R Us Could Be Looking For April IPO
Monday, February 28, 2011 - 12:56am | 167Toys R Us could seek to raise $800 million in an initial public offerng scheduled for April, but a final decision has not been reached, according to a report in the New York Post. Toys R Us operates stores under its own name and under Babies R Us and FAO Schwarz brands. The company had put off...
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Retail Winners & Losers: Earnings
Thursday, February 24, 2011 - 4:44pm | 176(TheStreet) -- Retailers reported mixed earnings results on Thursday, leaving the S&P Retail Index nearly flat. Target (NYSE: TGT) saw its profit rose 11%, send shares gaining in afternoon trading. The discounter reported a profit of $1.04 billion, or $1.45 a share, compared with $936 million,...
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Enter Today's Date into Your Trading Diary 02-23-2011
Wednesday, February 23, 2011 - 8:00pm | 897Cusick's Corner What a day -- the market at the Midday did test the 1300 level in the Futures & Cash (ESH11 & SPX) but then bounced. Holding the lower channel into the After Hours of this 3 month rally was important, it has not shifted the short-term trade of short risk assets and long...
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Volatility the Norm Over Next Few Sessions 02-23-2011
Wednesday, February 23, 2011 - 4:27pm | 933Cusick's Corner The market has firmed up into the Midday, holding at this time critical support of 1305 in the ESH11. While a bounce into the After Hours is not out of the question, resistance will kick in, 1315 on the ESH11, and market watchers and technicians will watch closely the breadth of...
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Deutsche Bank Maintains Wal-Mart Hold (WMT)
Wednesday, February 23, 2011 - 10:45am | 130Deutsche Bank maintained its Wal-Mart (NYSE: WMT) Hold rating in a research report published today. In the report, Deutsche Bank states, "WMT's core customer remains economically challenged, and begrudges Walmart's recent merchandising errors. This will likely trump inflation and we model FY11...
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UPDATE: Citi Color On WMT 4Q
Wednesday, February 23, 2011 - 9:12am | 175Citi, which raised its PT on Wal-Mart Stores Inc. (NYSE: WMT), is providing some color on the company's 4Q. “Although WMT's 4Q10 EPS were better-than-expected, this was the quarter that Walmart U.S. same-store sales were long expected to return to positive territory (vs. the (-1.8)% reported...