UBS Retail Stocks to Buy, Focus Is Online Sales Leaders
ThinkstockThe two main reasons people argue for online sales tax is they say that it is unfair to the bricks-and-mortar companies, and it will raise more tax revenue. In the view of…
ThinkstockThe two main reasons people argue for online sales tax is they say that it is unfair to the bricks-and-mortar companies, and it will raise more tax revenue. In the view of…
ThinkstockWilliams-Sonoma Inc. (NYSE: WSM) is in the news today, although not for the usual great news that the public has come to expect. The company’s Pottery Barn Kids has announced a product…
U.S. equity markets opened lower this morning and trailed slowly downward all day. The situation in Cyprus was unchanged this morning (more coverage here). In Europe, both manufacturing and non-manufacturing PMI fell…
Jon OggInvestors and traders seem to constantly look for new good research-driven ideas for stocks to buy and for stocks to sell. Some of these come from independent research firms and some…
U.S. equity markets opened higher this morning and maintained the upside, anticipating that today’s FOMC statement would not provoke any surprises. And the markets were not surprised (more coverage here). In Europe,…
U.S. equity markets opened higher this morning but worries about a resolution to the banking crisis in Cyprus soon took over and pushed shares down. In other parts of Europe, Spain’s bad…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and cut…
ThinkstockRetailers do not appear to be headed for uniformly upbeat sales increases in December. Research firm Retail Metrics has dropped its forecast for a same-store sales increase by another 10 basis points…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Apple Inc. (NASDAQ: AAPL) reiterated Buy with $800 target and raised estimates at…
U.S. equity markets opened higher this morning following comments after Friday’s meeting between President Obama and Congressional leaders to discuss ways of dodging the fiscal cliff. Some were also expecting negotiations to…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Agilent Technologies Inc. (NYSE: A) raised to Buy at Goldman Sachs. Altria…
ThinkstockShares of Best Buy Co. Inc. (NYSE: BBY) rose as much as 4% after an announcement that Sharon McCollam, who used to be the director, executive vice president, chief operating and chief…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: No individuals will be charged in the mortgage fraud investigation of J.P. Morgan Chase & Co. (NYSE: JPM). (WSJ) Several firms, including…
Shares are down Wednesday, with the Dow Jones Industrial Average down 0.22%, the Nasdaq down 0.06% and the S&P 500 down 0.12%. Wednesday’s winners include a senior center getting bought by a real…
With 80% of the 120 companies it tracks having reported first quarter 2012 results, research firm Retail Metrics says that retailers who beat earnings estimates are up 5% year-over-year for the period,…