ThinkstockRetailers are announcing August same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.2% year-over-year, compared with a 4.2% gain in July and a 4.3% gain in June.…
ThinkstockLabor Day is always an interesting holiday, and it has serious ramifications on consumer spending and on the economy. The 2013 back-to-school spending has been down after a record 2012, and this…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ.C Penney Co. Inc. (NYSE: JCP) continues to face unprecedented drops in traffic and sales that, to some extent, caused its largest shareholder Bill…
Jon OggNow that stocks have pulled back and interest rates have risen, investors are looking for more guidance on which stocks they should still buy and which stocks they should sell or…
August 21, 2013: Markets opened mixed this morning as traders and investors waited for the afternoon’s release of the July FOMC meeting minutes. Existing home sales rose more than expected in July.…
courtesy of TargetIn its second-quarter earnings report released before markets opened on Wednesday, Target Corp. (NYSE: TGT) announced adjusted earnings per share (EPS) of $1.19 on revenues of $17.12 billion, compared with…
courtesy of Wal-Mart Stores Inc.Walmart is the largest American employer, with a workforce of nearly 2.2 million people. However, because of its international reach, only 1.3 million of those were employed in…
Jon OggNow that interest rates have risen and stocks have slid, investors are looking for bargain stocks but also trying to decide which stocks they should get out as well. These same…
ThinkstockSo far this earnings season U.S. retailers haven’t put up a very good show. Retailers that have already reported results said that customers had become cautious again during the quarter and same-store…
August 8, 2013: U.S. equity markets opened higher this morning after China reported that its trade surplus narrowed to $17.1 billion in July, well below an expected surplus of $27.2 billion. Elsewhere…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Thursday, August 8, 2013. They include Crocs, Target, Tesla Motors and Royal Dutch Shell.
ThinkstockRetailers are announcing July same-store sales figures today. Research firm Retail Metrics projects an overall gain of 4.1% year-over-year, compared with a 4.3% gain in June and a 3.8% gain in May.…
ThinkstockMost of the big retailers had a “choppy” July, and many are hoping for a strong back-to-school selling season. Since school starts around the country anywhere from mid-August in the South to…
July 12, 2013: U.S. equity markets opened slightly higher this morning as European industrial production was below expectations and U.S. PPI was a bit higher than expected. The other major U.S. data…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, July 12, 2013. They include F5 Networks, Pfizer, Sprint, Kroger and Target.
