Bill Ackman’s Pershing Square’s fund that invests solely in Target (NYSE: TGT) saw its value gain 48% in March. For the month of March, Target saw its shares rise by 21%, but…
Douglas A. McIntyre The assumption is that the earnings for the first quarter from most companies in the S&P 500 will be atrocious. That can be set side-by-side with the fact that the market now…
The person who first said that a chain is only as strong as its weakest link has never lifted a V8 out of a Ford Mustang. But, the analogy works in most…
According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two of its…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector. We…
Over the last week, the 24/7 Wall St.–Channel Checkers Survey questioned 30 Target (TGT) stores about their sales trends. Based on the results, Target is doing better than most analysts had expected.…
Douglas A. McIntyre Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
In an amended 13D filing on Target (NYSE: TGT), Bill Ackman’s Pershing Square Capital, a 7.8% shareholder, disclosed they are currently engaged in discussions with the company regarding the consideration by the…
Douglas A. McIntyre JNJ Short sellers are not willing to bet that shares in large retailers or consumer products companies will go any lower. The are gambling that consumer spending has bottomed. Shares short in…
Pershing Square’s William Ackman set up a hedge soley to invest in Target Corp (NYSE: TGT). As you can imagine, this hedge fund has taken a real beating. In fact, just in…
Douglas A. McIntyre There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
Wal-Mart Stores Inc. (NASDAQ: WMT) appears to be back to its game of 2008 and late 2007 after being a bit cautious last month. The company beat its January expectations, and it…
According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters…
Target Corp. (NYSE: TGT) has just confirmed the layoffs we and other reports discussed earlier today. As we expected, this is a very small number of jobs, and it appears to be…
Douglas A. McIntyre Target Corp. (NYSE: TGT) has confirmed that it plans to cut workers, but details are still not out. We have checked around and the cuts appear to be in the Minneapolis headquarters…
Douglas A. McIntyre 