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Jack & Jill: Wal-Mart and eBay, Part 1.
Sunday, January 3, 2010 - 8:23pm | 1026I am man enough to admit not all successes are of my own doing. Believe it or not my wife Jill has a knack for picking companies. She gave me Overstock.com (NASDAQ: OSTK) back in 2004 when the stock was trading in the high teens and again informed me that Crocs (NASDAQ: CROX) shoes were out of...
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Joe Terranova Thinks There Is More Room On The Upside For Amazon (AMZN)
Saturday, January 2, 2010 - 2:27pm | 100CNBC's Fast Money Joe Terranova believes in U.S. consumer and thinks Amazon.com (NASDAQ: AMZN) could jump to $150. He explains that he sees Amazon's (AMZN) earnings at $6 per share, which combined with P/E of 25 gives $150. Amazon (AMZN) ended the year at $134.52, and it traded above $142 on...
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Pharmacies And Supermarkets Generate Traffic Using Swine-flu Shots (WMT, WAG)
Tuesday, December 29, 2009 - 1:19pm | 129With a demand from approx. half of the U.S. population (approx. 20% have already been vaccinated), retailers are generating increased traffic through the sale of ‘swine-flu’ shots, according to the Wall Street Journal. Wal-Mart (NYSE: WMT), which has walk-in clinics at some of its Supercenters, is...
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Barron’s: Duffy and Laggner Bullish On Consumer Staples, Pharma And Discount Retailers (GRX, CVS, WMT)
Monday, December 28, 2009 - 2:09pm | 431Barron’s interviewed Kevin Duffy and Bill Laggner, hedge fund managers with Bearing Asset Management. They predicted housing and credit excesses and profited on their forecasts by shorting Freddie Mac, Fannie Mae, money-center banks and mortgage insurers. Both of them are contrarians and believe...
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Karen Finerman Likes Wal-Mart Stores (WMT)
Wednesday, December 23, 2009 - 8:07pm | 80Karen Finerman said on CNBC's Fast Money that she likes Wal-Mart (WMT). She often recommends this stock and today was no exception. Karen Finerman said that Wal-Mart (WMT) won't jump 50%, but it will do well in both weak and strong economy. Wal-Mart (WMT) lost 0.04% in today's trading session and...
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Ebay (Ebay) Saves The Day For Last Minute Shoppers
Wednesday, December 23, 2009 - 12:10pm | 141Ebay (NASDAQ: EBAY), has come to the rescue of all people who want their gifts delivered in time for Christmas. Ebay, shedding its image of second-hand goods marketplace, is pushing hard to fulfill the delivery deadlines for its products. With a decline of used good sales and the emergence of...
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Walmart (WMT) And Comcast (CMCSA) For 2010
Tuesday, December 22, 2009 - 2:00pm | 148In an interview with CNBC, Bill Smead, CEO & CIO of Smead Capital Management, has listed Walmart (NYSE: WMT), Comcast (NASDAQ: CMCSA), Bank of New York Mellon (NYSE: BK) and Bristol-Myers Squibb (NYSE: BMY) as his favorite stocks for 2010. According to him, investors should look into the...
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RadioShack (RSH) And Walmart (WMT) To Remain Strong
Monday, December 21, 2009 - 3:27pm | 143The retail sector, fueled by a solid online sales trend, is likely to fare well in the coming year. Talking to CNBC, Style File Group analyst Hitha Prabhakar placed her bets on value stocks such as WalMart (NYSE: WMT) and J Crew (NYSE: JCG). She stated that she would stay away from luxury stocks...
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Financial Tsunami Helps Americans Rediscover Virtues Of Frugality And Thrift (WMT)
Monday, December 21, 2009 - 2:18pm | 122A generation of Americans who, prior to the Great Recession, had never seen so severe an economic downturn, are learning some old fashioned American values the hard way. Materialism and mindless consumption for the sake of consumption are on their way out. Thrift and recession are back in fashion...
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What Will Drive Retail Growth in 2010? (JWN, M, WMT, COST, KSS, TIF)
Friday, December 18, 2009 - 5:13pm | 342The year 2009 has seen an increase of nearly 47% in the S&P Retail Index, which is more than double the S&P 500’s return of 21.3%. Barclays (NYSE: BCS) notes in its 2010 Retail Outlook that the stocks that were impacted the most by recessionary concerns have led the recovery, including...
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Judgement Day For Retailers, Super Saturday Beckons! (WMT, TGT, URB, SHLD, AMZN, ANF)
Friday, December 18, 2009 - 1:59pm | 245After a better than expected Black Friday, retailers in the United States hope for an encore this Sunday, which happens to be a week before Christmas. Reuters reports that the general prediction is that bargain hunters will flood retail outlets and hopefully deliver retailers their best sales week...
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Luxury-Goods Makers Debate Price Cuts as Wal-Mart (WMT) Prospers
Thursday, December 17, 2009 - 8:39am | 133While discount retailers like Wal-Mart (NYSE: WMT)(FREE stock trend analysis) and CostCo (NYSE: COST)(FREE stock trend analysis) cut prices and make hay in the recession, the decision to reduce prices is much harder for luxury-goods retailers to make. Glamorous shoe designer Anyi Lu has cut its...
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Company News for December 16, 2009 - Corporate Summary
Wednesday, December 16, 2009 - 10:35am | 284• General Electric (NYSE:GE) told investors the "worst is over" for its finance unit, even as Chairman and CEO Immelt forecast next year's revenues and earnings are likely to match this year's • Best Buy (NYSE:BBY) was downgraded to "sell" from "buy," reflecting the third quarter earnings numbers...
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Walmart (WMT), Other Big Retailers Recall 50 Million Blinds
Tuesday, December 15, 2009 - 4:28pm | 110The retailers led by Wal-Mart Stores Inc. (NYSE: WMT) have announced the recall of at least 50 million window blinds and shades in the U.S. because of strangulation risk to children. Other retailers participating in the voluntary recall, besides Wal-Mart, included J.C. Penney Co. (NYSE: JCP), Big...
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Cramer’s Picks (C, TIF, KSS, JWN, BBY, SBUX, BK, HAL, NBR, BHI, BJS)
Tuesday, December 15, 2009 - 1:45pm | 293CNBC's Mad Money show host Jim Cramer promoted a number of stocks on December 14, with Citigroup (NYSE: C) being his hot favorite. C opens its gigantic $17 billion equity offer this week. The company is raising capital through stock issuance to repay its government TARP loan. Jim is also bullish on...