Hypermarkets & Super Centers

Piper Jaffray is out with its report today on Costco (NASDAQ: COST), reiterating Overweight. In a note to clients, Piper Jaffray writes, "We are estimating a June comp of +13% to +14% vs. consensus of ~+13.4%. We are assuming a core merchandising comp of ~+5.7% and combined gas, F/X and...

Each week I publish stocks to watch for the upcoming week as potential momentum trades or longer-term investments. 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 volume on Friday, July 1st. In...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Why Wal-Mart's Gas Cuts Won't Matter Wal-Mart (NYSE: WMT) may be rolling back its gas prices, as it announced Wednesday, but consumers shouldn't expect local stations to follow suit with their own 10-cents-per-...

Bank of America has upgraded Brazilian Distribution (NYSE: CBD) from Neutral to Buy.

This is your Benzinga news summary and traders' outlook for Wednesday, June 29, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as traders anticipate a positive vote to the Greek debt crisis...

Pre-open movers US stock futures are higher this morning, as investors are awaiting home-sales data. The Greek parliament is scheduled to vote on the austerity measures. Futures on the Dow Jones Industrial Average surged 55 points to 12,196.00 and futures on the S&P 500 stock index rose 7.20...

BJ's Wholesale Club Inc (NYSE: BJ) agreed to be bought by affiliates of Leonard Green & Partners LP and funds advised by CVC Capital Partners for $2.8 billion. BJ's shareholders will receive $51.25 a share in cash, representing a premium of 7% over the stock's closing price on Tuesday. The...

BJ's Wholesale Club (NYSE: BJ) today announced that it has entered into a definitive agreement to be acquired by affiliates of Leonard Green & Partners, L.P. and funds advised by CVC Capital Partners in an all-cash transaction valued at approximately $2.8 billion. Under the terms of the...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...

Tractor Supply Company (NASDAQ: TSCO) shares rose 2.03% to create a new 52-week high of $67.38. TSCO's trailing-twelve-month ROE is 21.21%. Starbucks Corporation (NASDAQ: SBUX) shares gained 1.42% to create a new 52-week high of $38.53. SBUX's trailing-twelve-month revenue is $11.19 million....

Family Dollar Stores (NYSE: FDO) will be reporting its third-quarter fiscal 2011 results Wednesday, June 29, before the opening bell. While the sluggish economy no doubt has continued to benefit the nation's number two dollar-store chain, the company also faces stiff competition from larger rivals...

Innospec Inc (NASDAQ: IOSP) shares surged 5.12% to $32.44 at 11:40 am. The volume of IOSP shares traded was 197% higher than normal. IOSP shares have jumped 200.20% over the past 52 weeks, while the S&P 500 index has gained 17.80% in the same period. EZCORP Inc (NASDAQ: EZPW) shares moved up 6...

Target (NYSE: TGT) announced today that Target Canada has reached an agreement to transfer to Walmart (NYSE: WMT) Canada the rights for leasehold interests in up to 39 sites, currently operated by Zellers Inc. Specific locations will be identified later this fall. Terms of this transaction were...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Relics of the '80s That Aren't Coming Back There's one question that should haunt every child of the 1980s: How are people supposed to feel any nostalgia for the 1980s when they've never gone away? Food Prices...

Goldman Sachs is out with a research report on the retail sector, and it has a Neutral rating on the sector as a whole. It is positive on names like Lululemon (NASDAQ: LULU), Nordstrom (NYSE: JWN) and BJ's Wholesale (NYSE: BJ). In the note, Goldman writes, "We remain Neutral weighted on the...