J. C. Penney Company, Inc. (NYSE: JCP) is a company which many investors and outsiders expect to be in a transformation. The first such addition under new management is a stake and…
Building supplier Lowe’s (NYSE: LOW), the second largest retailer in the category after Home Depot (NYSE: HD) said its expectations for the fiscal year remain as they were when the company made forecasts in…
Most of America’s largest companies are also among its oldest companies. In fact, many of the Fortune 100 firms are more than a century old. Almost none were founded in the past…
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…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AMR Corporation (NYSE: AMR) Cut to Sell at Citigroup. Cabela’s, Inc. (NYSE:…
The economic choppiness is coming to a head with the age of dividend hikes. The pressure is going to remain for companies to continue returning capital to shareholders while also looking for…
A number of retailers reported earnings this morning, and the results might be summarized as “mixed” at best. Wal-Mart Stores Inc. (NYSE: WMT), Home Depot Inc. (NYSE: HD), Saks Inc. (NYSE: SKS),…
CNBC: October Retail Sales up 0.5% CNBC: Home Depot Profit Rises, Ups Outlook http://cnb.cx/txVODD Zerohedge: Walmart misses EPS boosts forecast WSJ: Home Depot Profit Rises 12% http://on.wsj.com/swekqM NYT: Wal-Mart $WMT Q3 EPS…
Earnings season may feel over, but this week is going to be riddled with key earnings reports that can move the market or move their sectors. The key earnings are all hitting…
Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a major holiday effort to drive extra revenue. (Reuters) Appetite for Olympus shares…
Each morning 24/7 Wall St. issues a summary list of key analyst upgrades, downgrades, and initiations issued by Wall Street research firms. We review these calls and other calls made throughout the…
The collapse of the US housing market has been among the most stubborn problems facing the US economy for the past four years. Construction jobs have vanished, home values have plummeted, and…
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Alcatel-Lucent SA (NYSE: ALU) Cut to Sell at Citigroup; Cut estimates and target at Argus.…
The markets are beyond jittery. From a massively overbought market discounting a recession entirely back to a market dominated by the woes of Europe. The Europeans cannot get their bailouts straight because each…
Our look at stock target prices focuses on homebuilders and home improvement stores today. It is not news that U.S. homebuilders have had a very tough few years. In the past five…
