Over the past week, the 24/7 Wall St.–The Channel Checkers poll surveyed Ann Taylor (ANN) locations to gauge business trends at the ten retailers. We asked the following questions: 1. On a scale of…
Many big-box retailers including Best Buy (BBY), Target (TGT), and Costco (COST) are struggling as the recession beats down their same-store sales. General retailers such as Sears (SHLD) are not faring any…
These are top pre-market analyst upgrades and positive research notes we have seen from Wall Street early this Wednesday morning: BB&T (BBT) Raised to Market Perform at KBW. Comerica (CMA) Raised to…
Reuters: Global consumer confidence is improving. Reuters: GM (GM) filed for Chapter 11 and expects a quick exit. Reuters: Most US retailers probably had sales drop in May. Reuters: China gave Geithner…
Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average. We have heard…
Reuters: Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters: GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters: Citigroup (C)…
The bets are on that General Motors Corp. (NYSE: GM) is done as far as the current stock is concerned. While it seems that the equity holders of today will keep 1%…
Reuters: GM (GM) is close to filing Chapter 11. Reuters: A poll of economists says the US recession will end soon followed by modest growth. Retuers: The mood of US consumers rose…
Reuters: Congress passed a bill to put restrictions on credit card companies. Reuters: The Fed mulled increasing securities during its April meeting. Reuters: Geithner said the US was making progress fighting the…
Reuters: The Treasury is keeping banks guessing about when they can repay TARP funds. Reuters: Bank of America (BAC) has raised more than $13 billion in share sales. Reuters: Hewlett-Packard’s (HPQ) financial…
Reuters SEC employees are under investigation for insider trading Reuters Treasury has approved several insurance companies for receiving TARP funds Reuters GM (GM) is close to a deal with the UAW. Reuters Bank…
According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will probably sell…
Investor Bill Ackerman, who has held an investment in Target (TGT) for almost two years and has lost a great deal of money in the process, wants to replace part of the retailer’s…
These are some of the top pre-market analyst upgrades we have seen with about two and a half hours until the market opens this Friday morning: Costco Wholesale Corp. (COST) Started as…
According to Reuters, GM (GM) has been told by Treasury to begin work on a bankruptcy. Reuters reports that China’s growth has started to move inland from the coast. Reuters reports that…
