Two of the three major US stock indexes opened higher this morning as investors reacted to the news from Greece that no government could be formed and that a second ... Read Full Story »
Lost in the last night’s commotion over the $2 billion loss at JPMorgan Chase & Co. (NYSE: JPM) were weak reports from retail Nordstrom Inc. (NYSE: JWN), Kohl’s Corp. (NYSE: ... Read Full Story »
Macy’s Inc. (NYSE: M) reported first quarter results this morning that beat estimates on both EPS and revenues. The soft spot was the company’s guidance, and that is taking the ... Read Full Story »
The major US stock indexes opened lower this morning following a weak report on non-farm payrolls (our coverage here). The lack of any further data to chew over left the ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. AAR Corporation (NYSE: AIR) named Bear of the Day at Zacks. ... Read Full Story »
The final projections from Retail Metrics are out and April is looking as though the same-store sales are going to come in up only 1.5%. If so, this will mark ... Read Full Story »
US retailers will report April same-store sales results this week and the outlook calls for a substantial drop from March’s gain of 3.9% to an April rise of just 1.4%. ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. American International Group Inc. (NYSE: AIG) Raised to Outperform at Wells ... Read Full Story »
Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers -- in some cases, much better than expected. We have reports from 15 ... Read Full Story »
Retail Metrics is out with its preliminary expectation for February same-store sales data to be released later in the week. Keep in mind that February has an extra day compared ... Read Full Story »
US markets opened higher this morning and traded higher for most of the day. The DJIA briefly rose above 13,000 for the first time in nearly 3 years. But in ... Read Full Story »
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: ... Read Full Story »
J. C. Penney Company, Inc. (NYSE: JCP) is getting hit pretty hard this morning. While current investors will not appreciate the drop, this is actually great news for those investors ... Read Full Story »
A downward revision to third-quarter GDP did not hold down early trading this morning as markets got off to a good start and remained in positive territory throughout the day. ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Agrium Inc. (NYSE: AGU) Cut to Sector Perform from Outperform at ... Read Full Story »