Pier 1 Imports Inc. (NYSE: PIR) rallied over 11% to a yearly high of $5.01 after Dow Jones reported that the company had entered into an agreement to sell its ... Read Full Story »
We have a little flurry of key earnings coming this week. We have provided detailed earnings estimates with Thomson Reuters consensus figures, with our own color for the recent performance, ... Read Full Story »
These are some of the top pre-market analyst upgrades and positive research calls that we have seen from Wall Street firms early this Monday morning: Applied Signal (APSG) Raised to ... Read Full Story »
Based on the TickerSpy index of major industry sectors, hotel REITs had the best performance of any group measured, up almost 60%. At the head of the industry were Diamondrock ... Read Full Story »
At the beginning of the decade a number of internet and next-generation technology companies raised money through venture capitalists and IPOs. Many of these companies had little, if any, revenue. ... Read Full Story »
A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added ... Read Full Story »
A year ago, not many people would have thought Circuit City would be in bankruptcy now. Linens 'n Things, Mervyn's, Whitehall Jewelers and Steve & Barry's have either shut down ... Read Full Story »
These are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Tuesday morning:Developers Diversified (DDR) Cut to Neutral at Goldman Sachs.Federated Investors (FII) ... Read Full Story »
The Wall Street Journal reports that Circuit City (CC) is finally addressing just how desperate its situation is. The company is reportedly considering a plan to close 150 stores and ... Read Full Story »
Energysolutions (ES) Company cuts guidance. Plunges to $5.60 from 52-week high of $28.45.Lear Corporation (LEA) Another victim of lower guidance. Falls to $3.77 from 52-week high of $36.99.Pier 1 Imports ... Read Full Story »
American Axle (AXL) S&P downgrade due to big customer GM (GM) cutting production. Drops to $2.61 from 52-week high of $28.11.Pier 1 (PIR) Analyst dowgrade due to weak same-store sales. ... Read Full Story »
It is no secret that the consumer is in the tank and that retail sales are coming in poorly. It would have been a fool's gold trade to believe you ... Read Full Story »
Pier 1 Imports (PIR) shareholders have been through a painful quarter. Stock in the company have dropped over 40% in the last 90 days.That got worse today. PIR said its ... Read Full Story »
These are some of the top Downgrades or negative calls we are seeing early this Tuesday morning. Neutral and Hold ratings are not technically negative, but they aren't ringing endorsements ... Read Full Story »