-
News Summary
Tuesday, November 16, 2010 - 10:33am | 207Shares of Wal-Mart Stores Inc (NYSE: WMT) gained about 1.6% after the company reported a 9.3% y/y rise in its FQ3 profit. Wal-Mart also lifted its full-year projections and issued upbeat Q4 guidance. The company projected its Q4 profit of $1.29 to $1.33 per share. However, analysts were estimating...
-
Company News for November 16, 2010 - Corporate Summary
Tuesday, November 16, 2010 - 10:33am | 386• Wal-Mart (NYSE: WMT) posted third quarter earnings of $0.95 that included a $0.05 tax credit, compared to estimates of $0.90, as revenues rose 2.6% YoY to $101.2 billion, off estimates of $102.3 billion. The firm said it sees FY11 EPS of $4.08 to $4.12 • Home Depot (NYSE: HD) posted third quarter...
-
Walmart Sees 2011 EPS of $4.08 to $4.12
Tuesday, November 16, 2010 - 8:29am | 22Wal-Mart Stores, Inc. (NYSE: WMT) said today that the company expects 2011 EPS of $4.08 to $4.12.
-
Walmart reports third quarter EPS of $0.95
Tuesday, November 16, 2010 - 8:26am | 130Wal-Mart Stores, Inc. (NYSE: WMT) today reported financial results for the quarter ended Oct. 31, 2010. Net sales for the third quarter of fiscal year 2011 were $101.2 billion, an increase of 2.6 percent from $98.7 billion in the third quarter last year. Income from continuing operations...
-
US Stock Futures Signal Lower Start On Wall Street, Economic Data In Focus
Tuesday, November 16, 2010 - 7:38am | 277US stock futures are lower, this morning as investors awaited several economic reports. Futures on the Dow Jones Industrial Average dropped 79 points to 11,094.00, while S&P 500 futures declined 8.00 points to 1,187.80. Nasdaq 100 futures fell 17.75 points to 2,110.25. US stock markets ended...
-
Earnings Scheduled For November 16 (SKS, TJX, HD, ANF, WMT, JEC, LZB, BOBE, DKS, GA)
Tuesday, November 16, 2010 - 4:20am | 270Saks Incorporated (NYSE: SKS) is expected to post its earnings at $0.02 per share on revenue of $656 million in the third quarter. TJX (NYSE: TJX) is estimated to post its Q3 EPS at $0.90 on revenue of $5.53 billion. Home Depot (NYSE: HD) is projected to report its Q3 earnings at $0.48 per share on...
-
Stocks To Watch For November 16 (WMT, JWN, SKS, URBN, HD)
Tuesday, November 16, 2010 - 4:05am | 212Some of the stocks that may grab the investor focus today are: Wall Street expects Wal-Mart Stores Inc (NYSE: WMT) to report its Q3 EPS at $0.90. WMT shares moved up 0.02% to $53.96 in after-hours trading. Nordstrom Inc (NYSE: JWN) reported about 43% y/y rise in its Q3 net income. The company's...
-
Earnings Preview: Wal-Mart - Analyst Blog
Monday, November 15, 2010 - 6:33pm | 540Wal-Mart Stores Inc. (WMT), one of the leading retail giant worldwide, is scheduled to report its third-quarter 2011 financial results on Tuesday, November 16, 2010. The current Zacks Consensus Estimate for the quarter is 90 cents a share. Second –Quarter Synopsis Wal-Mart Stores Inc....
-
Almost Complete - Earnings Trends
Monday, November 15, 2010 - 5:42pm | 4979Key Points: 3Q Earnings Season almost done -- 460 or 92.0% of S&P 500 reports in so far. Strong earnings season. With a median EPS surprise of 4.98%, and a 3.63 surprise ratio. While those numbers are down from earlier in the reporting season, they are still very good. A total of 320 positive...
-
Stock Market News for November 15, 2010 - Market News
Monday, November 15, 2010 - 10:33am | 686Concerns that China would soon initiate steps to cool economic growth sent stocks sharply lower on Friday. Prices for raw materials and commodities dropped on concerns a slowdown in Chinese growth would impact demand. Eurozone growth concerns also weighed on sentiments. The Dow average fell more...
-
Blue-Chip Round Up (AAPL, MCD, KO, WMT, INTC)
Friday, November 12, 2010 - 3:31pm | 120With stocks getting hit hard on Friday on fears of a Chinese rate hike, it may be time to move into some lower beta names that don't react as drastically in a stock market correction. Here is how some widely held, blue-chip stocks are trading with around an hour and a half left in the trading week...
-
J.P. Morgan Has Thoughts On Wal-Mart Ahead Of Earnings (WMT)
Friday, November 12, 2010 - 8:14am | 172J.P. Morgan Chase & Co. is Overweight on Wal-Mart Stores, Inc. (NYSE: WMT) going into earnings. It also has a $58 price target on shares. In a note to clients, J.P. Morgan writes, "The bad news is we don't think the company had a very good quarter in the U.S. as Wal-Mart, under the direction...
-
Focus on G20 Comments 11-11-2010
Thursday, November 11, 2010 - 3:18pm | 873Cusick's Corner Market players are focusing on G20 comments, especially with the currency war rhetoric continuing. While there is little expectation of a lot getting done at the conference, there will be some headlines. The current pullback is tempered and the bid has been nibbling, but not biting...
-
Wal-Mart's (NYSE:WMT) Falling Prices Earn Mixed Reviews
Thursday, November 11, 2010 - 2:33pm | 2028Moms and Dads, get your shopping lists ready! Wal-Mart Stores (NYSE:WMT) announced this week that it is dropping its prices on toys to get a jump on the holiday shopping season and potentially gain an edge over competitors such as Target (NYSE:TGT). The world's largest retailer is lowering the...
-
Zacks Analyst Blog Highlights: DuPont, Bristol Meyers, Wal-Mart, Chesapeake and EnCana - Press Releases
Thursday, November 11, 2010 - 11:33am | 2143For Immediate Release Chicago, IL – November 11, 2010 – Zacks.com Analyst Blog features: DuPont (DD), Bristol Meyers (BMY), Wal-Mart (WMT), Chesapeake (CHK) and EnCana (ECA). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?...