Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at R.W. Baird. Automatic Data…
TJX Companies (NYSE: TJX) reported earlier this morning that its second-quarter profit came to $421 million, or $0.56 per share, and revenue totaled $6 billion. The results were up from $348.3 million,…
Wikimedia CommonsJCPenney Co. Inc. (NYSE: JCP) reported an adjusted second-quarter net loss of $0.37 per share and $3.02 billion in revenues before markets opened today. EPS for the same period a year…
Kohl’s Corp. (NYSE: KSS) opened higher this morning after the company posted a better-than-expected second-quarter profit as cost cutting offset weak sales. The retailer said its quarterly profit totaled $240 million, or…
Knight Capital Group Inc. (NYSE: KCG) raises $400 million. (CNBC) HTC reports that sales of its smartphones fell 45% year-over-year. (Reuters) The New York State Department of Financial Services apparently is investigating…
Retail sales might not exactly be setting any blistering pace of growth, but Retail Metrics has a report out that shows a traffic boost at the end of July should offer a…
Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because sales in…
Retailers will be announcing June same-store sales this week, and industry research firm Retail Metrics is now predicting sales growth of just 1% for the month. The past weekend’s storms on the…
Retail Metrics is out with its preliminary targets on June same-store sales and the report is one of caution. The firm is now expecting only a 1.0% growth in the same-store sales,…
Retails sales for the month of June are expected to show only modest growth according to research firm Retail Metrics Inc. June is not a particularly good month for most retailers, and…
24/7 Wall St. loves companies which send capital back to shareholders via dividends. With all of the uncertainty in today’s markets and in the fluctuating economy, having a solid dividend policy may…
Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
The S&P Retail Index is down -2% in the late morning today, considerably below the overall DJIA decline of -1.2%, and it’s not entirely clear what’s causing the drop. Sears Holdings Corp.…
Retail Metrics is out with its forecasts showing that it still expects that the May 2012 Same Store Sales Index will come in with a gain of 1.7% for the month. This…
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…
