Today’s issue of the “Closing Bell” is out early as we join many of you in an early start to the holiday weekend. Data in today’s report was compiled between 1 p.m.…
The three major U.S. stock indexes opened lower this morning on an absence of new data from overseas and an expected drop in new claims for unemployment benefits did not occur (our…
Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because sales in…
Retailers will be announcing June same-store sales this week, and industry research firm Retail Metrics is now predicting sales growth of just 1% for the month. The past weekend’s storms on the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Anthera Pharmaceuticals (NASDAQ: ANTH) Cut to Sell at Citigroup. Bed Bath & Beyond…
Retails sales for the month of June are expected to show only modest growth according to research firm Retail Metrics Inc. June is not a particularly good month for most retailers, and…
Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. American International Group (NYSE: AIG) Reiterated Buy with $40 target at BofA/ML.…
US equities opened higher this morning following the report on a US non-farm payroll gain of 227,000 jobs (more coverage here). In Europe, the Greek debt swap deal went off smoothly, but…
Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers — in some cases, much better than expected. We have reports from 15 companies: Costco…
Retail Metrics is out with its preliminary expectation for February same-store sales data to be released later in the week. Keep in mind that February has an extra day compared to 2011…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Caterpillar, Inc. (NYSE: CAT) Raised to Outperform as Bull…
US markets opened lower today and finally managed modest gains by mid-afternoon. News from Europe on the reluctance of banks to lend, coupled with an higher-than-expected yield on a French bond issue…
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target…
