Retailers have fared better than many other sectors over the past year, with the majority of share prices having risen although price to book values remain negative. Thus, either the sector is…
With 80% of the 120 companies it tracks having reported first quarter 2012 results, research firm Retail Metrics says that retailers who beat earnings estimates are up 5% year-over-year for the period,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Abercrombie & Fitch (NYSE: ANF) Cut to Market Perform at Wells Fargo.…
The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But the dollar…
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 election will…
Sears (NASDAQ: SHLD), Overstock (NASDAQ: OSTK), and  Abercrombie & Fitch (NYSE: ANF) are not particularly well-regarded as brands or particularly well-liked by Wall St. Perhaps coincidentally, each shows up near the bottom…
The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was a bit…
The new CEO of J. C. Penney Company, Inc. (NYSE: JCP) has been making many changes at the retail giant. Ron Johnson is trying to bring in some of his magic from…
The three major US stock indexes opened slightly higher this morning, but the DJIA almost immediately turned south and remained in negative territory all session. The Nasdaq composite and S&P 500 turned…
Wednesday is a fairly busy day for earnings expectations. We are expecting the following reports: Abercrombie & Fitch Co. (NYSE: ANF); Agilent Technologies, Inc. (NYSE: A); Blue Nile Inc. (NASDAQ: NILE); Clearwire Corporation…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Abercrombie & Fitch Company (NYSE: ANF) Reiterated Buy with $70…
Among the major movers at around 1 p.m. today are Vringo Inc. (NASDAQ: VRNG), MediciNova Inc. (NASDAQ: MNOV), Zynga Inc. (NASDAQ: ZNGA), The Brinks Co. (NYSE: BCO), and Abercrombie & Fitch Co.…
Wall St. was unhappy with Abercrombie and Fitch (NYSE: ANF) sales data, and the stock sold down 13% The company posted performance for the quarter ended January 28, 2012. Net sales increased 16%…
Douglas A. McIntyre A number of incredible new products were launched this year. Apple (NASDAQ: AAPL) introduced the iPhone 4S — a phone with voice command — and Boeing’s (NYSE: BA) 787 Dreamliner — a…
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears Holdings (NASDAQ:…
