John Paulson made a fortune during and after the recession, but he and his investors have not been as successful since (to say the least). Paulson has been taking some ... Read Full Story »
The big difference between first-quarter earnings at Safeway Inc. (NYSE: SWY) and Supervalu Inc. (NYSE: SVU) is investors’ reaction. Supervalu posted an adjusted loss of $0.14 a share yesterday on ... Read Full Story »
U.S. equity markets opened higher this morning and both the DJIA and the S&P 500 climbed to new intra-day highs (more coverage here). The Fed mistakenly released FOMC minutes early ... Read Full Story »
Family Dollar Stores Inc. (NYSE: FDO) reported second-quarter fiscal 2013 results before markets opened this morning. The discount retailer reported diluted earnings per share (EPS) of $1.21 on revenues of ... Read Full Story »
U.S. equity markets opened a bit higher this morning following a middling earnings report from Alcoa Inc. (NYSE: AA) last night (more coverage here). Economic data was minimal in the ... Read Full Story »
It is hard to believe already, but another earnings season is coming upon us. With both the DJIA and the S&P 500 up 10% or more in the first quarter, ... Read Full Story »
U.S. equity markets opened higher this morning and trading stayed positive territory all day. No solution has yet been agreed to the Cyprus banking crisis (more coverage here), but the ... Read Full Story »
From active traders to passive investors, it seems that everyone is interested in new ideas on how to make a profit. 24/7 Wall St. looks over research calls from all ... Read Full Story »
Big Lots Inc. (NYSE: BIG) reported fourth-quarter and full-year 2012 results before markets opened this morning. The close-out retailer reported quarterly diluted earnings per share (EPS) of $2.08 on revenues ... Read Full Story »
After three consecutive years of 4%+ same-store sales growth in the month of February, the outlook for the month in 2013 calls for growth of 2.7%, primarily on a forecast ... Read Full Story »
Safeway Inc. (NYSE: SWY) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the grocery store chain posted adjusted diluted earnings per share (EPS) of ... Read Full Story »
The January expiration of the 2% temporary cut in payroll taxes is beginning to exact its toll on the U.S. economy. A recent survey from the National Retail Federation (NRF) ... Read Full Story »
Same-store sales for January are scheduled to be released this Thursday, and the consensus projection from research firm Retail Metrics calls for an increase of 2.8% compared with January of ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Wednesday. AFLAC Inc. (NYSE: AFL) started as Hold at Deutsche Bank. Bank ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Monday. Apple Inc. (NASDAQ: AAPL) maintained Buy with $750 price target at ... Read Full Story »