Virtually every publicly traded homebuilder stock has posted a new 52-week high in the last month and many now trade above their consensus target prices even though they have come off those…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday. Alliant Techsystems (NYSE: ATK) raised to Outperform at FBR Capital…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday. Alpha Natural Resources Inc. (NYSE: ANR) cut to Neutral at…
In its report today on September retail sales, Target Corp. (NYSE: TGT) announced that beginning in January 2013, the company would no longer report monthly sales figures, including same-store sales: This decision…
Home improvement chain Lowe’s Companies Inc. (NYSE: LOW) this morning announced that it had dropped its hostile attempt to acquire Canadian home improvement retailer Rona Inc. Lowe’s had offered CDN$14.50 per share…
Share prices for homebuilders’ stocks began rising at the beginning of the year and all but two of the homebuilders we looked at in our value search have doubled share prices in…
The three major US stock indexes opened lower this morning following a negative reaction by a government official to a weekend report that Germany would support a sovereign bond-buying plan for the…
Lowe’s Companies Inc. (NYSE: LOW) reported second-quarter earnings per share (EPS) of $0.64 and $14.25 billion in sales before markets opened this morning. In the same period a year ago, the home…
The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have…
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…
Home improvement giant Home Depot Inc. (NYSE: HD) announced this morning that it has reached a definitive merger agreement with U.S. Home Systems Inc. (NASDAQ: USHS). Home Depot will acquire the kitchen…
Lowe’s Companies Inc. (NYSE: LOW) is making a mistake in its recently announced acquisition of the Canadian home improvement chain called Rona. At least that is the take of the analyst team…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. Alcatel-Lucent SA (NYSE: ALU): Cut to Hold at Deutsche Bank. Amazon.com, Inc.…
The US Census Bureau reported this morning that retail sales in May fell by -0.2% month-over-month. Compared with May 2011, however, retail sales rose by 5.3%. For the three-month period of March…
ZyngaZynga’s (NASDAQ: ZNGA) shares are down 15% over the past two days, a little more than those of Facebook (NASDAQ: FB) after its initial public offering. There are several critical difference between the…
