Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. American Eagle Outfitters Inc. (NYSE: AEO) cut to Market Perform at BMO.…
ThinkstockThe recovery continues at Gap Inc. (NYSE: GPS). The apparel retail giant reported earnings growth of 60% to $308 million for net income. Its earnings per grew by 66% to $0.63 EPS…
Jon C. Ogg U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
ThinkstockIf you have ever heard of retailers getting more and more desperate to capture your Christmas and holiday spending dollars, 2012 is going to take the cake. Two holidays have generally been considered…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
courtesy of TargetSeveral retailers are announcing October same-store sales today, and the reports are generally good. Research firm Retail Metrics projects an overall gain of 4.6% for the month, excluding the impact…
Several retailers are announcing September same-store sales today, and the reports are generally good. Gains were not as large as in August, but are providing a positive outlook for the coming holiday…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. ADTRANÂ Inc. (NASDAQ: ADTN) cut to Neutral at UBS. Consolidated Edison Inc. (NYSE:…
Retail sales made a strong comeback in July and August, rising 2.5% and 3.3%, respectively, year-over-year from a very low 0.3% increase in June. According to research firm Retail Metrics, September looks…
Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve the highest revenue with…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS. Bank…
Gap Inc. (NYSE: GPS) is naming a new head of its global clothing design team. The retail apparel giant has now named Rebekka Bay to head its design team with the title Creative…
Jon C. Ogg According to today’s report from the U.S. Census Bureau, retail and food services sales in August rose 0.9% month-over-month and 4.7% compared with August 2011. Economists had been expecting an increase of…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) started as Sell at Citigroup. Allergan Inc.…
Consumers boosted their spending in July by a seasonally adjusted 0.4%, according to the latest Commerce Department data. That was the biggest gain in five months, as aftertax incomes continued to grow…
