There are many other impacting analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on: The Andersons (ANDE) raised to Buy at Banc of America. Autodesk…
McDonald’s (MCD) has an increase in same-store sales for October of 6.9%. Overall system-wides sales were up 14.2%. In the U.S., comparable sales climbed 5.4% as customers continue to visit McDonald’s for…
Target Corp. (NYSE:TGT) just posted its same-store-sales figures for October, and it is considerably better than the situation over at Fall-Mart. Target posted a gain of +4.1% on a comparable basis. Analysts…
Douglas A. McIntyre Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey. That means that…
Target Corp. (NYSE:TGT) is slightly lowering its comparable sales targets for October, no pun intended. The company previously forecast a 3% to 5% gain for October sales, but now it said in…
Douglas A. McIntyre Sears Holdings Corp. (NASDAQ:SHLD) enjoyed a meteoric rise from 2003 to 2005, but now the company is facing the dead money status for investors after recently hitting near-term lows. Eddie Lampert knows…
Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
Reuters writes that The Center for Environmental Health has been surveying toys sold by a number of retailers and has found Curious George dolls, back-packs and lunch boxes with excessive amounts of…
Sears Holdings (SHLD) was supposed to be the next Berkshire Hathaway. It does not seem to be working out that way. After a poor earnings performance and rough same-store sales, SHLD hit…
According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales. Reuters writes that the UAW struck GM (GM) as contract negotiations failed. Reuters reportst that…
Lowe’s (LOW) management must not have wanted the Target (TGT) people to feel all alone when they cut their same-store sales forecasts. Lowe’s chopped its earnings estimate after the market closed. The…
When the sleigh and reindeer land on roofs across American this holiday, the gift bag will be filled with home heating oil and mortgage bills. Santa is bringing a recession for Christmas.…
Target Corporation (NYSE:TGT) shares traded up 1.5% to $62.72 in normal trading today, but shares are up another 2% in after-hours trading. The red-dot announced today that it is reviewing potential ownership…
Douglas A. McIntyre Just yesterday and the day before, the tone was looking to be that sub-prime fallout and the recent tightening on credit was helping to squash Joe Q. Consumer in the U.S. Yesterday,…
You have to love a morning where Target (NYSE:TGT) and Wal-Mart (NYSE:WMT) have big news out on the same day. This morning both retail giants released August Same-Store-Sales. Surprisingly, both did pretty…
