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How Peter Lynch Finds the Perfect Company
Thursday, June 23, 2011 - 11:24am | 1045Peter Lynch -- perhaps the greatest mutual fund manager of all-time -- brought the concept of Value Investing to the masses with his books One Up On Wall Street and Beating the Street. He wholeheartedly bought into Benjamin Graham's and Warren Buffett's strategy of value investing, and then...
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How Peter Lynch Finds the Perfect Company
Thursday, June 23, 2011 - 11:24am | 1045Peter Lynch -- perhaps the greatest mutual fund manager of all-time -- brought the concept of Value Investing to the masses with his books One Up On Wall Street and Beating the Street. He wholeheartedly bought into Benjamin Graham's and Warren Buffett's strategy of value investing, and then...
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Goldman Sachs Mantains Buy Rating On BJ's Wholesale Club
Thursday, June 23, 2011 - 10:41am | 110According to Goldman Sachs, BJ's Wholesale Club (NYSE: BJ) Buy rating is maintained. Goldman Sachs said that the New York Post reported today that BJ's is looking for closer to $55 per share from a joint bid by Leonard Green & Partners and CVC Capital Partners, versus an earlier reported bid...
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Big Business Gets New Friend: the Courts
Wednesday, June 22, 2011 - 1:23pm | 179(TheStreet) -- Today I join the ranks of conspiracy theorists. Yep, I'm joining forces with the tinfoil-hat-wearing dunderheads I've been criticizing in this and other forums for years. There is a conspiracy out there to screw the public on behalf of large corporations, and I can name for you where...
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Goldman Sachs Reiterates Buy on BJ's Wholesale Club
Wednesday, June 22, 2011 - 8:00am | 83Goldman Sachs is out with its report today on BJ's Wholesale Club (NYSE: BJ), maintaining Buy. In a note to clients, Goldman Sachs writes, "As the company continues to generate double-digit EBITDA growth, we expect valuation to revert to more normalized levels, regardless of deal speculation....
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Jefferies Provides Color on Food Sector
Wednesday, June 22, 2011 - 7:09am | 178Jefferies provided color on the food sector. In a research report published today, Jefferies stressed a possibility that Wal-Mart (NYSE: WMT) might put more pressure on its suppliers to maintain its price competitiveness. In the report, Jefferies states, "After packaged food price gaps between Wal...
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Jefferies Takeaways on Wal-Mart from Global Consumer Conference
Wednesday, June 22, 2011 - 6:25am | 78Jefferies is providing a few takeaways on Wal-Mart (NYSE: WMT) from the Global Consumer Conference. “Consistent with recent remarks, Wal-Mart is squarely focused on getting comp store sales positive and is getting more disciplined on EDLP,” Jefferies writes. “David Cheesewright, President and CEO...
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Could East African Bankers Solution to Inflation Foreshadow China's?
Tuesday, June 21, 2011 - 1:59pm | 646Three countries in East Africa—Uganda, Tanzania, and Kenya—are experiencing high rates of inflation. These countries have seen their currencies depreciate severely over the past year. The currencies of Kenya and Uganda are the worst performing in Africa, year-to-date. According to Reuters,...
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10 Stocks Trading at a Huge Discount
Tuesday, June 21, 2011 - 7:01am | 585To Subject Sent Size Categories adam@shareplanner.com FW: {Disarmed} joseph pusateri canceled automatic payments to you Sun 9:08 PM 24 KB adam@shareplanner.com FW: {Disarmed} You received a payment Sun 9:07 PM 27 KB adam@shareplanner.com FW: {Disarmed} You received a payment Sun 9:06 PM 27 KB adam@...
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Greece is the Word 06-20-2011
Monday, June 20, 2011 - 6:53pm | 728Cusick's Corner The market held into the After Hours and now overnight and into the early morning, all eyes will be on the Vote in Greece. The wild card here is if the Greeks do not vote confidence in the government and hold up the austerity, then default is a hotter button issue again for the EU...
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Higher Beta Leading the Way 06-20-2011
Monday, June 20, 2011 - 1:55pm | 972Cusick's Corner The market is experiencing a nice oversold squeeze to the upside which is the type of action that one can expect now, it's choppy trading while Greece and the Fed work out austerity plans and their next steps, if any (for the Fed there may be additional QE, Quantitative Easing). I...
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BJ's Wholesale Club Down Despite Potential For Sharply Higher Bid
Monday, June 20, 2011 - 1:31pm | 368BJ's Wholesale Club, Inc. (NYSE: BJ) shares are down sharply today, down more than 3% despite a Bloomberg article that says BJ's Wholesale could fetch around $53 per share in a going private offer. Last week, it was disclosed that Leonard Green and CVC Capital Partners had offered to buy the...
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UPDATE: Walmart Statement Regarding Supreme Court Ruling in Dukes Case
Monday, June 20, 2011 - 11:10am | 115Walmart (NYSE: WMT) Statement Regarding Supreme Court Ruling in Dukes Case: "We are pleased with today's ruling and believe the Court made the right decision. Walmart has had strong policies against discrimination for many years. The Court today unanimously rejected class certification and, as...
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Walmart Trading Higher on Positive Court Ruling
Monday, June 20, 2011 - 10:23am | 39Walmart (NYSE: WMT) is trading over 1% higher on the session on a positive court ruling. The shares are currently trading at $53.42. Wal-Mart Stores, Inc. operates retail stores in various formats worldwide.
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Are These Three Retailers Just Like Greece?
Monday, June 20, 2011 - 10:12am | 510Brian Sozzi of Wall Street Strategies is out with a research note this morning on the potential economic fallout of a Greece default on the U.S. consumer, as well as the parallels of the situation in Greece to a couple of U.S.-based retailers. Sozzi says that enormous amounts of debt are prevalent...