These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Tuesday, May 7, 2013. They include AIG, Coach, J.C. Penney, T-Mobile US and Tiffany.
Investors and traders seem to be constantly looking for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many research calls each day to find great ideas…
Wikimedia CommonsGlobal athletic and apparel maker Adidas released better-than-expected quarterly earnings. So did rival Nike Inc. (NYSE: NKE) about a month ago. Given the hundreds of millions of athletic shoes sold by them each year, in…
ThinkstockIf there is one sector on Wall Street that seems to never go out of favor, its companies that make, sell and distribute liquor, beer and wine. For global companies involved in this industry,…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) has decided to waste money on a television commercial that asks customers to “come back.” Why? “We heard you.” Put another way, J.C. Penney has…
courtesy Best Buy Co. Inc.Consumer electronics retailer Best Buy Co. Inc. (NYSE: BBY) announced this morning that it has agreed to sell its 50% stake in European joint venture Carphone Warehouse Europe for about…
ThinkstockHerbalife Ltd. (NYSE: HLF) reported first quarter 2013 results after the markets closed today. The nutrition and weight loss company posted adjusted diluted earnings per share (EPS) of $1.27 on revenues of $1.12 billion.…
courtesy J.C. Penney Co. Inc.Investor George Soros reported last night that he had taken a 7.9% stake in J.C. Penney Co. Inc. (NYSE: JCP), and the news has lighted a small fire under the…
Investors love dividends. This one investing component has comprised a major portion of total returns through time. The trend in recent years has been for companies to pay dividends and keep raising it. At the…
courtesy J.C. Penney Co. Inc.Billionaire investment god George Soros has bought 7.9% of J.C. Penney Co. Inc. (NYSE: JCP). His filing with the Securities and Exchange Commission said the investment is passive, but Soros…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) reported first quarter 2013 results after markets closed today. The online retailer posted diluted earnings per share (EPS) of $0.18 and revenues of $16.07 billion. In the first quarter…
ThinkstockThe big difference between first-quarter earnings at Safeway Inc. (NYSE: SWY) and Supervalu Inc. (NYSE: SVU) is investors’ reaction. Supervalu posted an adjusted loss of $0.14 a share yesterday on lower revenues and shares…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) has released the company’s proxy statement for its June 7 annual shareholders’ meeting. From the company’s point of view, the election of 14 of its…
courtesy J.C. Penney Co. Inc.If The Wall Street Journal is accurate, J.C. Penney (NYSE: JPC) has hired turnaround firm AlixPartners to help it “identify cost savings and manage cash flow.” In other words, the battered…
ThinkstockRadioShack Corp. (NYSE: RSH) reported first-quarter 2013 results before markets opened this morning. The electronics retailer posted an adjusted net earnings per share (EPS) loss of $0.35 on $849 million in revenue. In the…