The Last Stand for Gap and Best Buy CEOs
The CEOs of Gap (NYSE: GPS) and Best Buy (NYSE: BBY) are at the ends of their respective ropes. If each company has poor holiday sales, as is expected, both chief executives likely…
The CEOs of Gap (NYSE: GPS) and Best Buy (NYSE: BBY) are at the ends of their respective ropes. If each company has poor holiday sales, as is expected, both chief executives likely…
The super committee makes no significant decisions on the budget deficit. (Reuters) The largest shareholder in Olympus cuts its position. (Reuters) Google (NASDAQ: GOOG) launches its new music service. (Reuters) Germany and…
The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close. European stocks traded mixed all day, and that coupled with rising crude…
Two earnings reports this morning offer a contrast in the fortunes of companies that are in different parts of the retail sales chain. Target Corp. (NYSE: TGT) reported adjusted EPS of $0.87…
Crude oil is at $100.13, up 0.77% Gold is at $1,771, down 0.63%. Hong Kong’s Hang Seng closed up 0.91% to 19,137. Japan’s Nikkei closed lower by 0.92% to 8,436. The U.S. 10-year is at 2.02%, down 0.o2%. The FTSE…
Stock markets. Equity markets opened sharply higher this morning before falling into negative territory before the ISM and factory order reports were released. The ISM index came in lower than expected, but factory…
Online sales success has become critical to major retailers. All evidence shows that e-commerce continues to grow at double-digit annual rates while in-store sales in the U.S. have barely grown at all…
In a week in which retail sales took a backseat only to jobs reports, Urban Outfitters (NASDAQ: URBN) moved higher by 12.7% as Morgan Stanley said the stock was undervalued. Netflix (NASDAQ:…
Many research firms and brokerage firms maintain a list of best ideas for the year, and these often get updated quarterly or as companies reach a target or as they fall out…
American Apparel has too many stores. The company (AMEX: AAP) raised $14.9 million through a sale of shares on April 25 to save itself from what was a likely bankruptcy. The shares…
The retail sector has historically not the place for income and dividend investors seeking high payouts. The reason is simple: razor-thin margins. Add in the notion that many new retailers are effectively…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Abercrombie & Fitch Co. (NYSE: ANF) Cut to Neutral at Susquehanna.…
Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abercrombie & Fitch Co. (NYSE: ANF) Started as Overweight at Barclays; Cut to…
Stocks which rose last week were paced by National Semiconductor (NYSE: NSM) which jumped 68% to $27 after it agreed to be purchased by Texas Instruments (NYSE: TXN). The fate of the transaction between two weak companies…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abercrombie & Fitch Co. (NYSE: ANF) Raised to Buy at BofA/ML.…