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Earnings Expectations for the Week of May 20
Sunday, May 19, 2013 - 11:22am | 1197The start of the retail earnings season last week was a mixed bag. Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's (NYSE: M) was the standout,...
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Earnings Expectations for the Week of February 18
Monday, February 18, 2013 - 9:45am | 1010U.S. markets are closed on Monday for the Presidents' Day holiday, and many of the S&P 500 have already posted results for the most recent quarter. But PC makers Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) step into the earnings spotlight this week. Also, the world's largest retailer...
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Barron's Recap (10/27/12): The Big Money Poll
Monday, October 29, 2012 - 7:29am | 889This past weekend in Barron's online: the results of the autumn Big Money Poll, the prospects for General Mills, Hyster-Yale Materials Handling and Barnes & Noble, as well as what President Obama does and does not know about American business. Cover Story "Bye-Bye Bull?" by Jacqueline...
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Barron's Recap (9/22/12): Facebook Is Worth $15
Monday, September 24, 2012 - 7:08am | 810This weekend in Barron's online: why Facebook is overvalued, the prospects for Intuit and Big 5 Sporting Goods, and the Supreme Court will test the mettle of class-action lawyers. Cover Story "Still Too Pricey" by Andrew Bary. After a recent rally to $23 from a low of $17.55, is Facebook (NASDAQ...
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Earnings Expectations for the Week of August 20
Monday, August 20, 2012 - 12:33pm | 943Last week, big-box retailers Walmart (NYSE: WMT) and Home Depot (NYSE: HD) said their earnings and sales rose in the most recent quarter, and they both boosted their full-year earnings per share (EPS) guidance. More earnings reports are due from retailers this week, highlighted by second-quarter...
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CVS, Navistar and Other Stocks Insiders Are Buying
Thursday, July 12, 2012 - 12:37pm | 678Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the share price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Earnings Expectations for the Week of February 20
Sunday, February 19, 2012 - 10:46am | 1082The focus turns to earnings from retailers this week. Abercrombie & Fitch (NYSE: ANF) and Nordstrom (NYSE: JWN) kicked things off last week. The former posted lower earnings per share in line with estimates, while the latter narrowly beat EPS expectations but revenues fell short. Here is a look...
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UPDATE: Jefferies Lowers PT on Intuit from $64 to $53
Tuesday, August 2, 2011 - 9:27am | 181Jefferies has published a report on Intuit (NASDAQ: INTU) lowering the price target from $64.00 to $53.00. In the report, Jefferies wrote, "We surveyed 100+ ProAdvisors that suggest INTU is maintaining share with QuickBooks and upgrade activity is positive. However, our work highlights the ongoing...
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UPDATE: Citi Raises PT on Intuit to $63
Friday, May 20, 2011 - 8:42am | 121Citi is out with its report today on Intuit (NASDAQ: INTU), raising its PT from $61 to $63. In a note to clients, Citi writes, "We continue to recommend owning Intuit shares for the improving small business story. We believe both macro factors (employment, charge volumes) and company specific...
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Citigroup Raises PT On Intuit To $63
Friday, May 20, 2011 - 8:29am | 25Citigroup has raised the price target on Intuit (NASDAQ: INTU) from $61 to $63 and maintains its Buy rating.
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Wedbush Reiterates Outperform on Intuit
Friday, May 20, 2011 - 8:18am | 75Wedbush is out with its report today on Intuit (NASDAQ: INTU), reiterating Outperform. In a note to clients, Wedbush writes, "We expect continued outperformance for INTU on the strength of the company's Consumer Tax business as well as the acceleration in the Small Business segment." Wedbush...
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JP Morgan Raises PT On Intuit To $58.50
Friday, May 20, 2011 - 6:59am | 26JP Morgan has raised the price target on Intuit (NASDAQ: INTU) from $57.50 to $58.50 and maintains its Overweight rating.
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Intuit Earnings Preview: Double-Digit EPS and Revenue Growth Predicted
Wednesday, May 18, 2011 - 10:08am | 282Intuit (NASDAQ: INTU) is scheduled to report fiscal third-quarter 2011 results after the market closes on Thursday, May 19. Analysts expect the company to announce that earnings came to $2.28 per share. That is up from the consensus estimate of $2.24 per share 90 days ago, as well as an increase...
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Morgan Stanley Expects Solid Q3 From Intuit
Tuesday, May 17, 2011 - 7:33am | 129According to Morgan Stanley, Intuit (NASDAQ: INTU) is expected to report solid Q3 results on May 19, aided by sustained momentum in the SMB segment and stronger-than-expected Consumer Tax. Morgan Stanley said that data points on SMB sales and payrolls have continued to stabilize, and INTU's...