Home Depot Raises Dividend After Mixed Results
Home Depot reported better-than-expected fourth-quarter and full-year 2013 earnings before markets opened Tuesday morning. The home improvement retailer also raised its quarterly dividend.
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Newest first · Page 243Investors Bail on J.C. Penney Before Earnings
J.C. Penney is running out of time, not to say money, and the company seems pretty complacent and satisfied that it is doing all it can to recover. Shareholders were not seeing it that…
Rite Aid Makes Progress in Long, Slow Turnaround
Shares of drugstore operator Rite Aid dropped about 3% in morning trading Monday. This after the stock it a new multiyear high on Friday following last week's news that it had signed a major…
Walmart Promotes Made In America Suppliers
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT), under siege because of its labor practices, has decided to promote itself as a company which uses “made in America” goods and suppliers. Through buying from…
Does Barnes & Noble Have a Better Offer?
courtesy Barnes & Noble Inc.After Friday’s announcement that G Asset Management had offered $22 a share for a 51% stake in Barnes & Noble Inc. (NYSE: BKS), or failing that, $5 a share for…
Amazon Boosts Rates on Prime in Europe
Wikimedia CommonsOnline retailer Amazon.com Inc. (NASDAQ: AMZN) has merged its Amazon Prime and Lovefilm instant video services in the U.K and Germany and prices will go up beginning next week. Amazon’s CFO said on…
Will the Hammer Finally Fall on American Apparel?
Shares of American Apparel fell to an all-time low of $0.55 Friday, after a report on Thursday that the company had hired a law firm to help it figure out its restructuring options.
Analyst Calls Whole Foods a Bargain Now Against Peers
Has the sell-off in the organic and natural foods giants created a buying opportunity? Apparently that is what Oppenheimer believes, as it initiated coverage on the sector and assigned a new Outperform rating to…
Abercrombie Board Fight Comes Just Before Earnings
Engaged Capital, an investor in Abercrombie & Fitch, said it has nominated five directors to the retailer's board. This is part of the investment company's ongoing efforts to prompt Abercrombie to sell itself.
Gap Minimum Wage Hike: Great PR, Modest Cost
Gap announced Thursday it will boost the minimum wage for its employees to $9 an hour in June and $10 in June 2015. Are they crazy? Not really. It may only add modestly to…
Walmart Earnings: Going Small to Seek Growth
Walmart reported fourth-quarter and full fiscal year 2014 results before markets opened Thursday morning, and it said it plans to open an additional 270 to 300 small-format stores. Shares fell in premarket trading.
Analyst Cannot Even Value J.C. Penney at $3
Sterne Agee's Chuck Grom maintained a Neutral rating on the down and out retailer J.C. Penney, but he suspended his $3.00 price target on the stock. Is J.C. Penney doomed?
Macro Trends, Weather Too, Expected to Weigh on Walmart Earnings
courtesy of Wal-Mart StoresIt is no secret that the weather has been bad enough in the Midwest and Northeast that it is impacting retail sales in a negative manner. Now we are getting a…
Retail Sales Earnings Kickoff Tomorrow With Low Expectations
courtesy of Wal-Mart Stores Inc.Mega-retailer Wal-Mart Stores Inc. (NYSE: WMT) and upscale chain Nordstrom Inc. (NYSE: JWN) report fourth-quarter and full-year earnings Thursday, with the Walmart posting results before the bell and Nordstrom after…
Do Not Bet on a Family Dollar and Walmart Merger
Credit Suisse's Michael Exstein issued a review of Walmart that includes how and why Walmart should acquire Family Dollar Stores. Our bet is that Walmart may have a hard time with regulators in acquiring…