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Three Alternatives to Sears (AKAM, FISV, KLAC)
Thursday, August 30, 2012 - 5:24pm | 763Read More...Sears Holding (NASDAQ: SHLD) is to be booted from the S&P 500 because it no longer considered representative of the index, according to Standard & Poor's. That is, Sears has too few shares available for trading to be representative of one of the world's top 500 companies. For investors who...
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Short Sellers Shying Away from Walmart, Gap, Other Retailers
Tuesday, August 28, 2012 - 3:23pm | 634Read More...Short sellers generally have found less to like in the retail sector, judging by changes in the short interest of some of the nation's biggest retailers between the July 31 and August 15 settlement dates. Notable exceptions include Amazon.com (NASDAQ: AMZN), Target (NYSE: TGT), Walgreen (NYSE: WAG...
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Tiffany Earnings Preview: Lower EPS, Higher Sales Forecast for Q2
Friday, August 24, 2012 - 3:01pm | 613Read More...Goldman Sachs (NYSE: GS) said earlier this week that any weakness in the earnings report of Tiffany & Co. (NYSE: GPS) would be a buying opportunity. Tiffany is scheduled to report its second-quarter fiscal 2012 results Monday, August 27, before the markets open. Investors will be looking to see...
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The Gap Earnings Preview: EPS and Sales Growth Expected
Wednesday, August 15, 2012 - 5:15pm | 607Read More...The Gap (NYSE: GPS), which is trading near a 52-week high, is scheduled to report its second-quarter 2012 results Thursday, August 16, after the markets close. Investors will be hoping that the company continues to offer revenue growth, good cash flow from operations and expanding profit margins....
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Earnings Expectations for the Week of August 13
Monday, August 13, 2012 - 6:33am | 938Read More...Retail earnings season got off to a start last week when drug store chain CVS Caremark (NYSE: CVS) and department store operators Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) bested second-quarter earnings estimates, while JCPenney (NYSE: JCP) reported a net loss. Many more...
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Short Sellers Shy Away from Lowe's and Amazon.com
Monday, August 13, 2012 - 6:32am | 606Read More...Moves by short sellers in late July indicate mixed feelings about the prospects for the retail sector. Shares sold short in Walmart (NYSE: WMT) rose only marginally between the 7/13 and 7/31 settlement dates. But the short interest in Best Buy (NYSE: BBY) and Walgreen (NYSE: WAG) increased more...
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These Retailers Are on a Roll
Monday, August 6, 2012 - 6:16pm | 644Read More...The retail earnings season has arrived once again. Second-quarter reports this week from department store chains Macy's (NYSE: M), Nordstrom (NYSE: JWN) and JCPenney (NYSE: JCP) will soon be followed by results from big-box retailers Walmart (NYSE: WMT), Home Depot (NYSE: HD), Target and others....
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Earnings Expectations for the Week of August 6
Monday, August 6, 2012 - 6:29am | 905Read More...Analysts on average expect to see per-share earnings that are less than a year ago when Dish Network (NASDAQ: DISH), MGM Resorts (NYSE: MGM), Molson Coors (NYSE: TAP), News Corp. (NASDAQ: NWSA), Sotheby's (NYSE: BID) and Sirius XM Radio (NASDAQ: SIRI) share their quarterly results this week. Retail...
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Initial Jobless Claims: Labor Market Continues to Struggle
Thursday, June 28, 2012 - 9:15am | 458Read More...In its weekly report, the U.S. Department of Labor said, for the week ending June 23, the advance figure for seasonally adjusted initial claims was 386,000. This reading was higher than the consensus estimate of 385,000, but decreased 6,000 from the previous week's revised figure of 392,000....
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Supervalu Sees Two-Day Jump Thanks to Buyout Speculation
Tuesday, June 26, 2012 - 11:27am | 433Read More...Grocery chain Supervalu (NYSE: SVU) saw its biggest two-day rise since April, with analysts predicting a possible takeover in the coming months. The company, which owns Save-A-Lot, jumped 11% so far this week to as high as $5.15, although it had previously dropped 37% in total during 2012....
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Best Buy's New Showrooming Defense Could Scare Off Legitimate Customers
Friday, June 22, 2012 - 11:56am | 517Read More...In an effort to curtail a practice that threatens to destroy big box retailers, Best Buy (NYSE: BBY) has vowed to eliminate showrooming in all of its stores. The company, which operates more than 1,000 retail locations in the United States, has been hit hard with declining sales, poor management,...
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What Can $250 Million Buy Facebook?
Wednesday, June 13, 2012 - 2:47pm | 264Read More...Facebook (NASDAQ: FB) may have spent $1 billion on Instagram, but that doesn't mean the company isn't willing to part with another bag of cash. This time, the bag is filled with $250 million. According to Business Insider, Facebook is interested in buying Wildfire Interactive, a company that...
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Earnings Expectations for the Week of May 14 (WMT, HD, ANF)
Sunday, May 13, 2012 - 8:49am | 1179Read More...Last week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kicked off the parade of earnings reports from big retailers. Macy's and Nordstrom reported EPS growth; Macy's and Kohl's topped EPS estimates. This week, Walmart (NYSE: WMT), Home Depot (NYSE: HD) and Target (NYSE: TGT) are...
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Earnings Expectations for the Week of February 20
Sunday, February 19, 2012 - 10:46am | 1082Read More...The focus turns to earnings from retailers this week. Abercrombie & Fitch (NYSE: ANF) and Nordstrom (NYSE: JWN) kicked things off last week. The former posted lower earnings per share in line with estimates, while the latter narrowly beat EPS expectations but revenues fell short. Here is a look...
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Amazon Creates American Jobs Selling Chinese Goods
Tuesday, February 14, 2012 - 12:11pm | 500Read More...Ironic, eh? On a day when love is in the air, Amazon (NASDAQ: AMZN) is showing American job-seekers a little affection by announcing a new one-million-square-foot fulfillment center in Middleton, Delaware. According to TechCrunch, the center will create approximately 850 full-time jobs and cost $...
