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Target Sales Rise - Analyst Blog
Thursday, September 9, 2010 - 10:33am | 492Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted sales results for the four-week period ended August 28, 2010. The company's comparable-store sales for August 2010 rose 1.8%, following an increase of 2% registered in July...
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Stock Market News for September 9, 2010 - Market News
Thursday, September 9, 2010 - 10:03am | 969Stocks advanced modestly on Wednesday as easing worries about European finances helped investors set aside concerns resulting from the Federal Reserve’s latest Beige Book report. The beige book report on regional economic activity noted widespread signs of deceleration, causing some initial...
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Zacks Analyst Blog Highlights: Bristol-Myers Squibb, ZymoGenetics, Family Dollar Stores, Wal-Mart Stores and Dollar General Corporation - Press Releases
Thursday, September 9, 2010 - 7:45am | 1551For Immediate Release Chicago, IL – September 9, 2010 – Zacks.com Analyst Blog features: Bristol-Myers Squibb Co. (BMY), ZymoGenetics Inc. (ZGEN), Family Dollar Stores Inc. (FDO), Wal-Mart Stores Inc. (WMT) and Dollar General Corporation (DG ). Get the most recent insight from Zacks Equity Research...
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News Summary- (COST, SPLS, LUV)
Wednesday, September 8, 2010 - 10:43am | 217Shares of Costco Wholesale Corporation (NASDAQ: COST) moved up after analyst, Adrianne Shapira at Goldman Sachs upgraded the company from “neutral” to “buy.” Adrianne also lifted her projections for the current and the next year. According to Shapira, COST is increasing its profit on improved sales...
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Family Dollar Carries Momentum - Analyst Blog
Wednesday, September 8, 2010 - 9:09am | 534Family Dollar Stores Inc. (FDO), the operator of self-service retail discount store chains, carries its growth momentum in fourth-quarter 2010. Following an increase of 8.4% in third-quarter 2010, the retailer stated that sales had jumped 8% to $1,957 million in the quarter under review from $1,811...
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Goldman Upgrades COST To Buy
Wednesday, September 8, 2010 - 7:04am | 51Analysts at Goldman upgrade Costco Wholesale Corporation (NASDAQ: COST) from "neutral" to "buy." The target price for COST has been raised from $62 to $68. COST’s shares gained 0.12% to close at $24.34 yesterday. More Analyst Ratings here
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Wal-Mart Stores, Inc. to Present at Goldman Sachs Conference
Tuesday, September 7, 2010 - 1:20pm | 49Wal-Mart Stores, Inc. (NYSE: WMT) will participate in the Goldman Sachs 2010 Global Retailing Conference at approximately 11:55 a.m. EDT, Wednesday, September 15. Bill Simon, president and chief operating officer, Walmart U.S., will provide an update on the Walmart U.S. strategy.
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Unconfirmed Chatter that Net 1 Ueps Technologies Inc. (UEPS) will announce a major contract with Wal-Mart Stores Inc. (WMT)
Tuesday, September 7, 2010 - 9:28am | 61Unconfirmed rumors that Net 1 Ueps Technologies Inc. (UEPS) will announce a major contract with Wal-Mart Stores Inc. (WMT)..Would be major positive for (UEPS?..Neither company could be reached for comment(UEPS),(WMT)
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, September 7, 2010 - 8:33am | 349Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Allegiant Travel Co (ALGT) Arrow Financial Corp (AROW) BJ's Wholesale Club Inc (BJ) The Buckle Inc (BKE) Burger King Holdings Inc (BKC) View the entire Zacks #5 Rank List. ALLEGIANT TRAVL (ALGT): Free Stock Analysis...
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GLOBAL MARKET BRIEF SEPT 7th Mid-Day GMT: Stocks, Commodities, Forex -EU Crisis Back Again
Tuesday, September 7, 2010 - 6:07am | 2391Overview: A classic EU sovereign debt/banking crisis fear inspired risk aversion day, slamming risk assets, especially the EUR. Sparked by a WSJ report that July bank stress tests understated PIIGS bond exposure. This is old new, but comes at a sensitive time as PIIGS seek to sell $80 bln in bonds...
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Top 4 NYSE Stocks In The Services Sector With The Highest Cash (WMT, V, AMR ,DAL)
Tuesday, September 7, 2010 - 5:57am | 146Below are the top services’ stocks on the NYSE in terms of cash. Wal-Mart Stores Inc (NYSE: WMT) had $10.20 billion in total cash and $49.25 billion in total debt for the latest quarter. Visa Inc (NYSE: V) had $5.29 billion in total cash for the latest quarter. V’s total debt stood at $47.00...
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GLOBAL MARKET BRIEF SEPT 6th Mid-Day GMT: Stocks, Commodities, Forex -Rally Continues
Monday, September 6, 2010 - 4:58am | 1689Overview: Risk appetite continuing thus far Monday across the range of risk assets, only oil lower but stocks, commodities, risk fx higher. NB: US markets closed, beware BoJ, SNB intervention attempts as low liquidity would make it relatively easy for them get crowded longs running for the exits to...
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Costco Sustains Momentum - Analyst Blog
Sunday, September 5, 2010 - 6:33am | 521Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended August 29, 2010. The company sustained its sales momentum. After a 6% increase in July 2010, Costco’s comparable-store sales for August rose 7...
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BJ's Posts Soft Sales - Analyst Blog
Friday, September 3, 2010 - 4:36pm | 670BJ’s Wholesale Club Inc. (BJ), a leading warehouse club operator in the United States, recently posted soft sales for the four-week period ended August 28, 2010. BJ’s August & Year-to-date Sales Performance After registering a growth of 2.8% in July 2010, BJ’s experienced soft comparable...
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Option Strategy Ideas for Costco Wholesale (COST)
Friday, September 3, 2010 - 10:39am | 1629When the economy is shaky, consumers stock up on staples. So suggests the latest sales data from Costco Wholesale (NASDAQ:COST). The warehouse-style retailer said Thursday that same-store sales in August rose 7%, easily topping analysts’ estimated rise up 4.2%. The Midwest, Texas, and Northwest...