4:04am ET
Investing
JP Penney (JCP) May Buy Stack In Martha Stewart
JC Penney (NYSE: JCP) may buy a 16.6% stake in Martha Stewart Omnimedia (NYSE: MSO) according to The New York Times. The price would be $3.50 a share, or a 16% premium to…
TGT Coverage Page 65
6:51am ET
Retail
E-commerce Continues to Set Records, Advantage to Amazon.com
Holiday e-commerce sales continue to set records. Amazon.com (NASDAQ: AMZN), which is the leader in e-commerce sales by far as a single company, is likely to be among the major beneficiaries of…
10:17am ET
Companies and Brands
November Same-Store Sales Mixed, Winners and Losers (LTD, TLB, COST, TGT, M, DDS, JWN, KSS, GPS, ROST, JCP, TJX, LULU, SSI, PIR)
Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and the worst…
6:36am ET
Investing
Hitwise: E-Commerce Surge At Walmart, Target, Best Buy, And JC Penney
Hitwise released its report about e-commerce activity at the top 500 online retailers on Cyber Monday. Overall activity rose 24%, which is in line with other data. The online research firm said…
5:18am ET
Retail
Online Retailers Stealing Bricks And Mortar Business
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
3:53pm ET
Retail
Black Friday E-Commerce Sales Up 26%
comScore (NASDAQ : SCOR) reported U.S. retail e-commerce spending for the first 25 days of the November – December 2011 holiday season. For the holiday season-to-date, $12.7 billion has been spent online, marking…
1:29pm ET
Retail
Holiday E-commerce Spending to Greatly Outpace Brick & Mortar (SCOR, AMZN, WMT, TGT)
Many stores are planning to open early on Black Friday in an effort to get a jump on holiday shopping, but spending increases are not expected to rise more than 3% or…
6:10am ET
Retail
Black Friday Shoppers to Surge, But Will They Buy?
A new study by the National Federation of Retailers makes a prediction that runs counter to almost every other forecast of holiday shopping activity. The data shows that the number of people who say…
2:27pm ET
Retail
Expected Sales Growth Drives Upside in Retail Stocks (COST, WMT, TGT, M, JWN, KSS, BBY)
An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
6:10am ET
Retail
Stock Market Votes for Walmart Over Amazon as Holidays Start
Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart are flat,…
4:08pm ET
Investing
24/7 Wall St. Closing Bell (AAPL, DV, MS, QCOM, TGT, WDC, HAST, TECD, TSN, HPQ, TSL, CSIQ, JKS, JASO, LDK, STP, LNKD, VRUS, GILD, FMCN, GEDU, REGN, Z)
Stock prices plunged this morning and spent most of the day trading way down. The DJIA hovered around -300 points for most of the day, while the NASDAQ was off around -50…
12:40pm ET
Investing
CouponSherpa–List Of Major Store Holiday Hours (BBY, JCP, SHLD, M, OMX, TGT)
Ace Hardware – Midnight Friday Enter to win a Craftsman 5-drawer Tool Center. A.C. Moore – 5 a.m. Friday Free $10 gift card to the first 50 customers. Bealls – Midnight Friday…
8:13am ET
Investing
Top Analyst Upgrades & Downgrades (AAPL, CI, DV, DDS, IFF, LNKD, MS, QCOM, RIMM, TGT, WAG, WMT, WDC, ZOLL)
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse. CIGNA Corp. (NYSE:…
12:49pm ET
Retail
No Turnaround Under New Sears (SHLD) CEO
The turnaround efforts of new Sears Holdings (NASDAQ: SHLD) CEO Lou D’Ambrosio have died almost before they started. Sears reported especially poor earnings for the quarter that ended October 31. The figures show…
4:08pm ET
Investing
24/7 Wall St. Closing Bell (DELL, DKS, RIMM, ATVI, TIBX, ZOOM, ANF, TGT, SPB, VLO, WNR, MPC, NG, PEIX, ASYS, UNIS)
The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close. European stocks traded mixed all day, and that coupled with rising crude…