Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Alkermes, Inc. (NASDAQ: ALKS) Raised to Outperform at Leerink Swann. American…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Adobe Systems Inc. (NASDAQ: ADBE) Cut to Hold at S&P Equity…
Earnings season has mostly come to a close but we still have many companies trickling out earnings which could easily move the needle on shares. This coming week we will be watching…
There’s a lot of action in the retail sector this morning, headed by a rejected buyout offer for Family Dollar Stores Inc. (NYSE: FDO) from hedge-fund manager Trian Group, which is headed…
Shares of Big Lots, Inc. (NYSE: BIG) jumped more than $5/share just before closing yesterday on a report from Bloomberg that the company may sell itself to a buyout firm. If the…
All that snow in January didn’t keep shoppers at home, apparently, as retailers posted a 4.2% increase in same-store sales for the month. That topped estimates that had started at 3.1% growth…
Blame it in part on the weather. The major gain in same-store sales that has been seen in recent months may be coming to an end. There were several factors to blame,…
Now that the holiday numbers are in for US retailers, it’s time again for the annual ritual of shuttering some under-performing stores. One of the first is J.C. Penney Co. (NYSE: JCP),…
Last year seemed like another of unrelenting layoffs, but ten large companies added, in total, more than 200,000 jobs, according to Challenger, Gray & Christmas. Most of this increase in employment was…
Retail stores are reporting December sales today and the news is, at best mixed. Retailers reporting already include Target Corp. (NYSE: TGT), Costco Wholesale Corp. (NASDAQ: COST), BJ’s Wholesale Club Inc. (NYSE:…
Retailers are posting their November sales figures this morning, and the overall picture is looking bright. Shoppers are headed back to stores of every kind. Big-box retailer BJ’s Wholesale Club Inc. (NYSE:…
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Akamai Technologies Inc. (NASDAQ: AKAM) Raised to Buy w/ $60 target at Lazard. American…
Several experts estimate that as many as 130 million shoppers will visit stores or online retail sites on Black Friday. The number is deceiving. The National Retail Federation expects the holiday sales…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Abercrombie & Fitch Co. (NYSE: ANF) Started as Equal-weight at Morgan Stanley. Aeropostale, Inc.…
We already knew that September was not going to be as cautious in retail sales compared to some of the summer months. What was not known was that some of the gains…
