These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at Leerink Swann. Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN)…
The retail jamboree known as Black Friday seems to start earlier every year. The door-buster sales used to begin in the wee hours of Friday morning, but several retailers have already announced…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The…
Wall St. has voted on how strong holiday sales will be this year. Shares of Best Buy (NYSE: BBY) and Target (NYSE: TGT) are down year to date. Walmart (NYSE: WMT) and…
There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the government to…
Earnings season has peaked, but we still have many key earnings reports and economic events coming in the week ahead. 24/7 Wall St. has featured a calendar with events scheduled all-week on…
Filene’s Basement and parent company Syms declared bankruptcy recently. The situation is so grim that Syms will shutter all 46 locations, and 2,500 employees will lose their jobs. The company, founded in…
October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the coming holiday season. In October 2010, same-store retail sales rose just 1.6%…
A couple of weeks ago we looked at implied share price gains at several retailers, and today we’ll take a more focused look at mall anchor stores. Three retailers from our previous…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Baidu, Inc. (NASDAQ: BIDU) Cut to Neutral at Goldman Sachs. Changyou.com…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Alcoa Inc. (NYSE: AA) Started as Buy at Stifel Nicolaus. Baker…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Gap (NYSE: GPS) took the coward’s way out. Buried among announcements about its global sales plans, it reported that “the company is committed to rebalancing its specialty and outlet stores within North…
Each year, hundreds of thousands of temporary workers are hired by retailers to handle the demands of the holiday season. The number of seasonal workers added is considered a bellwether for the…
British high-end clothier Burberry PLC reported that sales for its first six months of the year rose 30% on strong demand for its signature trenchcoats and accessories. The company noted that its…
