Covering any part of the positives in this market has been literally as rewarding as jumping in the bear cage with the bears at the zoo. We have been refraining from doing…
The home of "everyday low prices" took a bit of a hit today when it put out its earnings. It can not longer be called "recession proof", but it is still damn…
Consumer sentiment and consumer spending may be bad today, but according to a major new survey, they are going to get much worse over the next three months. Among the largest victims…
The retail sales numbers on Main Street are truly going to hell in a hand basket. The only bright spot is Wal-Mart Stores (NYSE: WMT), and that is just indicative of a…
These are ten of the top Wall Street analyst upgrades we are seeing from this Friday morning with more than two hours to the open: Borg Warner (BWA) Raised to Buy at…
Wall St. expected Wal-Mart (WMT) same-store sales to be up 2.5% in September. They only rose 2.4%. It was a brilliant showing. Almost all data from retail associations said sales across the…
Santa will be thinner this year, a sign that he cannot afford all that rich food. It is a good thing that he wears a beard because can’t afford a razor. By…
"Everyday low prices" are getting out of hand. Wal-Mart (WMT) already is cutting what it charges for toys and the holiday season has really not begun. According to The Wall Street Journal,…
Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. He was…
Goldman Sachs is out with a negative call this morning that is a downgrade in the department stores section of the retail sector. The firm believes that gains of some 30% while…
These are some of the preliminary upgrades or positive research calls seen out of Wall Street analysts this Monday morning in early morning hours: Ciena (NASDAQ: CIEN) raised to Market Perform at…
It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply,…
These are 10 of the top calls that 247WallSt.com is looking at this morning: Altria (NYSE: MO) cut to Neutral at JPMorgan. Herbalife (NYSE: HLF) started as Overweight at Lehman Brothers. ITT…
There is an interesting report out of ChangeWave, which shows that higher prices combined with tighter consumer pocketbooks are driving customers significantly. A large-scale movement to discount retailers driven by skyrocketing inflation…
J. C. Penney Company, Inc. (NYSE:JCP) has just revised its sales and earnings guidance for the first quarter. Of course it is to the downside. The guidance reflects incremental weakness in the…
