After reporting earnings last night that fell far short of the consensus estimate, Aeropostale Inc. (NYSE: ARO) shares are down this morning after the company lowered its fourth-quarter outlook significantly below expectations…
U.S. equity markets opened lower again this morning following Senator Harry Reid’s comments that negotiations on the U.S. fiscal cliff were not going well. In Asia, markets reacted badly to the report…
The stock market is down Monday, with the Dow Jones Industrial Average down 0.57%, the Nasdaq down 0.09% and the S&P 500 down 0.47%. Today’s big movers were winners, however. The winners…
247sam Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Aeropostale Inc. (NYSE: ARO) cut to Neutral at Janney Capital. AK Steel Holding…
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…
Retail sales have been soft since early summer, and August doesn’t appear to be a get-well month for retailers either. Research firm Retail Metrics projects that August sales will rise just 1.7%…
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…
The three major US stock indexes opened somewhat higher this morning following better-than-expected data on UK retail sales and an inline reading on Eurozone CPI (more coverage here). The news out of…
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was…
Many retailers are out today with July same-store sales results, and the month’s gains appear to be better than first expected. The Thomson Reuters consensus estimate for sales growth was 3.1%, but…
US equities opened higher this morning following the report on a US non-farm payroll gain of 227,000 jobs (more coverage here). In Europe, the Greek debt swap deal went off smoothly, but…
Stern Agee has some previews ahead for earnings and same-store sales trends in the retail sector. The firm’s Margaret Whitfield and Tom Nikic have some previews ahead of the retail earnings wave…
Strong reports from the Chicago purchasing managers index and pending home sales juiced the equity markets this morning, and the gains held up throughout the day. Part of the bounce is due…
With one holiday down and another on deck, the coming week offers something of a breather. Most quarterly earnings are out already, but there are several due next week that could be…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Aeropostale, Inc. (NYSE: ARO), Dendreon Corporation (NASDAQ: DNDN), Medivation, Inc. (NASDAQ: MDVN), PG&E…
