6:13am ET
Retail
The Last Stand for Gap and Best Buy CEOs
The CEOs of Gap (NYSE: GPS) and Best Buy (NYSE: BBY) are at the ends of their respective ropes. If each company has poor holiday sales, as is expected, both chief executives likely…
Companies
Gap Inc
GPS Coverage
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5:45am ET
Media
Media Digest (11/21/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
The supercommittee appears unlikely to settle on a deficit agreement. (Reuters) A senior Chinese official says he expects the global recession to last for some time. (Reuters) Spain’s center-right People’s Party gains…
5:15pm ET
Retail
America’s Eight Worst-Performing Retail Chains
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…
8:24am ET
Investing
Top Analyst Upgrades & Downgrades (AWK, BAC, BIP, CAT, C, CPO, DE, DMND, ECA, GPS, GOV, JOYG, JPM, OPEN, SSW, TXRH, USM, VLO)
These are some of Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. American Water Works Company, Inc. (NYSE: AWK) added to Strong Buy List at Zacks. Bank…
8:31am ET
Investing
Top Analyst Upgrades & Downgrades (BHI, BEAM, BA, CSCO, ECL, FXCM, GPS, GE, HPQ, IBM, IBKR, ITT, KMP, PAA, TAL, TER)
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Baker Hughes Inc. (NYSE: BHI) Cut to Market Perform at…
6:29am ET
Retail
GAP to Close 200 Stores — Which Retailer Is Next?
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…
6:21am ET
Media
Media Digest (10/14/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
When the G20 meets, the focus will be on the EU crisis. (Reuters) Google’s (NASDAQ: GOOG) Q3 numbers kill concerns about U.S. ad markets. (Reuters) JPMorgan (NYSE: JPM) earnings pull down equity…
9:14am ET
Retail
Holiday Retail Sales Growth Forecast — Half Last Year’s Total (TGT, M, JWN, JCP, DDS, LTD, GPS, SSI, ZUMZ, BKE, COST)
Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not good, either,…
8:16am ET
Investing
Top Analyst Upgrades & Downgrades (AA, AMZN, ATHN, CHS, CF, FSLR, GPS, GG, LNKD, NTAP, PCLN, QIHU, SHLD, STT, UAL)
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alcoa, Inc. (NYSE: AA) Cut to Hold at Deutsche Bank.…
10:51am ET
Investing
Retail Round-Up: Back-to-School Creates Winners & Losers (COST, TGT, M,SKS, JWN, JCP, KSS, GPS, WTSLA, BKE, ZUMZ, XRT, RTH)
Retail sales in August put up solid gains that were slowed somewhat by the effects of Hurricane Irene along the eastern seaboard. Among the stores reporting sales numbers today are Costco Wholesale…
2:26pm ET
Investing
Top Earnings Previews For The Week Ahead (DDS, LDK, LOW, ADI, DELL, HD, TJX, WMT, DE, DRYS, JDSU, NTAP, SPLS, TGT, BRCD, GME, GPS, HPQ, CRM, SHLD)
The coming week has many key earnings reports, some tech and some retail. We have tracked the major reports by day, shown Thomson Reuters estimates, as well as given price action, and…
1:15pm ET
Commodities & Metals
Apparel Retailers Score As Cost Pressures Plummet (RL, M, GPS, SKS, LULU, LIZ, RTH)
From a high of more than $2/pound, cotton prices have tumbled to around $1/pound. The collapse is likely due to what analysts think will be a record cotton crop for this year.…
11:29am ET
Companies and Brands
What Recession? More Strength in Retail Sales Expected (WAG, LTD, TJX, ROST, GPS, LULU, PSMT, BODY, BKE, CHS, TIF)
This week marks the release of the waves of same-store sales for the month of July and at least one research outfit is calling for strength to remain high enough that the…
12:34pm ET
Investing
The 24/7 Wall St. Top 11 Analyst Calls of the Week (ALU, CSCO, EM, GPS, HCA, JNPR, MPEL, NFLX, P, S, WEN)
Jon OggEach morning we cover the upgrades, downgrades, and initiations we see in Wall Street research calls from the analysts. Many calls offer great insight not found elsewhere, while some calls turn…
8:31am ET
Investing
Top Analyst Upgrades & Downgrades (CSCO, CTXS, GLW, CTB, DDS, DOW, EM, EQIX, GPS, HES, IPI, MANT, SANM, SI, SXL, WEN)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Cisco Systems, Inc. (NASDAQ: CSCO) Raised to Buy at Goldman Sachs.…