courtesy of TargetTarget Corp. (NYSE: TGT) reported first-quarter 2013 results before markets opened this morning. The big-box retailer posted adjusted diluted earnings per share (EPS) of $1.05 on $16.71 billion in revenues.…
Paul Ausick U.S. equity markets opened slightly higher this morning on another day when very little economic data was released anywhere around the globe. There was no data released at all in the U.S.,…
thinkstockRetailers are announcing April same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.5% year-over-year, compared with a 2% gain in February and a 1.4% gain in March.…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) traded up a little after the retailer gave details about results for its latest quarter. The investors who stepped in made a…
courtesy of AOL, IncChina’s trade surplus is better than expected in April. (Reuters) With inflation below Federal Reserve targets, the central bank may have to increase bond buying. (Reuters) Some hedge funds…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) has decided to waste money on a television commercial that asks customers to “come back.” Why? “We heard you.” Put another way, J.C.…
Jon OggStocks have enjoyed a serious bull market, and we still have the S&P 500 Index and the Dow Jones Industrial Average both up by double digits so far in 2013. As…
ThinkstockRadioShack Corp. (NYSE: RSH) reported first-quarter 2013 results before markets opened this morning. The electronics retailer posted an adjusted net earnings per share (EPS) loss of $0.35 on $849 million in revenue.…
Paul Ausick ThinkstockUBS has initiated new analyst coverage of the large retailers this morning, and we have focused on the big three retailers: Costco Wholesale Corp. (NASDAQ: COST), Target Corp. (NYSE: TGT) and Wal-Mart Stores…
ThinkstockRetailers are announcing March same-store sales figures today. Research firm Retail Metrics projected an overall gain of 1.5% year-over-year, compared with a 2% gain in February and a 3.9% gain in March…
courtesy J.C. Penney Co. Inc.There has always been a Wall St. trend for the spotlight to shine on the smartest guy in the room at any given time. Whether they be one…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc.’s (NYSE: JCP) CEO Ron Johnson is either lowering prices on much of the troubled retailer’s store inventory or raising those prices instead. Most analysts…
Brian Solis, via Wikimedia CommonsJ.C. Penney Flip-Flop J.C. Penney Co. Inc.’s (NYSE: JCP) CEO Ron Johnson is either lowering prices on much of the troubled retailer’s store inventory or raising those prices…
RadioShack Corp. (NYSE: RSH) just cannot manage to find any love. The troubled electronics retailer was downgraded to Neutral at BofA/Merrill Lynch, which is really just part of the ongoing wave of…
Jon C. Ogg ThinkstockCostco Wholesale Corp. (NASDAQ: COST) reported second-quarter fiscal 2013 results before markets opened this morning. The warehouse club retailer reported diluted earnings per share (EPS) of $1.24 on revenues of $24.34 billion.…
