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…
The three major US stock indexes opened higher this morning as what seems to be a declaration of love for Greece at the G8 summit meeting pushed down fears that the Greeks…
Lowe’s Companies Inc. (NYSE: LOW) reported first fiscal quarter results this morning that were better than the consensus estimate, but full-year EPS guidance did not meet the prior estimate and the stock…
The Home Depot Inc. (NYSE: HD) reported first quarter earnings this morning that were close to consensus estimates for both EPS and revenues, but just enough short to give investors pause. The…
The housing market is supposed to be doing better and the lack of a new recession is supposed to have helped to put in a floor under what had been consistently falling…
The housing data keeps coming in with a mixed fan-fare. The new home sales in America for the month of February fell 1.6% to 313,000 versus a Dow Jones consensus target of…
The major US stock indexes opened lower this morning following some weak data on European unemployment. Buyers tried to come back but low volume so far has kept trading lower, and a…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Alcatel-Lucent, S.A. (NYSE: ALU) Cut to Market Perform at Bernstein. American Water Works…
Stocks opened down this morning following on weakness in Europe following the G20’s refusal to provide additional funding to the IMF. But at the end of the first hour of trading, a…
Earnings season is mostly behind us, but we do have some sector-moving earnings next week. For Monday, the top earnings are from Charter Communications, Inc. (NASDAQ: CHTR), Dendreon Corporation (NASDAQ: DNDN), Lowe’s…
