Retail

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Xbox One Could Ultimately Harm PC and Windows 8 Sales

MicrosoftMicrosoft Corp. (NASDAQ: MSFT) has been a magic stock in 2013, despite the woes of Windows 8. A new update is going to fix many of the missteps of the new operating system. And…

Jon C. Ogg · 13 years ago

Dole CEO Makes $1 Billion Offer for Food Company

ThinkstockFruit and vegetable producer Dole Food Company Inc. (NYSE: DOLE) could be on its way to becoming a privately held company again. The company’s chairman and chief executive, David Murdock, has offered to acquire…

Paul Ausick · 13 years ago

McDonald’s Menu, Value Meals Drive May Sales Growth

courtesy of McDonald'sFast-food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales growth of 2.6% in May, compared to sales in May of last year. Whether this marks a turnaround in the company’s weaker…

Paul Ausick · 13 years ago

Christopher & Banks Company Earnings Surprise to the High Side

ThinkstockChristopher & Banks Corp. (NYSE: CBK) reported first-quarter fiscal 2013 results before markets opened this morning. The women’s specialty apparel retailer reported quarterly diluted earnings per share (EPS) of $0.02 on $108.5 million in…

Paul Ausick · 13 years ago

Retail Sales for May Better Than Expected

ThinkstockRetailers are announcing May same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.8% year-over-year, compared with a 1.4% gain in March and a 3% gain in April. Retail sales…

Paul Ausick · 13 years ago

J.C. Penney Stock Gets Boost from Sterne Agee Analyst

courtesy J.C. Penney Co. Inc.Shares of J.C. Penney Co. Inc. (NYSE: JCP) are getting a boost in premarket trading this morning following initiation of coverage by Sterne Agee with a Buy recommendation and a…

Paul Ausick · 13 years ago

May Retail Sales Due Tomorrow from Costco, Other Chain Stores

ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in March and April rose just 1.4% and 3%, respectively, so the most recent projection from…

Paul Ausick · 13 years ago

Jefferies Consumer Retail Stocks to Buy: Buy American!

ThinkstockThe retail research team at Jefferies feels that despite the income and payroll tax changes that began in January, U.S. households may be in a much better position to weather the tax than some thought…

Jon C. Ogg · 13 years ago

Dollar General Company Earnings: Outlook Weighs on Shares

ThinkstockDollar General Corp. (NYSE: DG) reported first-quarter 2013 results before markets opened this morning. The discount retailer posted adjusted diluted earnings per share (EPS) of $0.71 on revenues of $4.23 billion. In the same…

Paul Ausick · 13 years ago

No Ratings Agency Endorsement on Smithfield China Buyout

ThinkstockSmithfield Foods, Inc. (NYSE: SFD) should be enjoying a nice day-after in the sun now that it has answered activist investors with a new buyout offer for the company. The problem is that China-based Shuanghui International,…

Jon C. Ogg · 13 years ago