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Cabela's, Home Depot and Other Retail Stocks Worth a Look Now
Monday, November 26, 2012 - 3:39pm | 870The holiday shopping season seems to have gotten off to a strong start, particularly for Amazon.com (NASDAQ: AMZN) and Walmart (NYSE: WMT), but also for Abercrombie & Fitch (NYSE: ANF) and the Gap (NYSE: GPS). So here are seven retail stocks that might be worth a look. All have double-digit...
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Earnings Expectations for the Week of November 19
Sunday, November 18, 2012 - 1:06pm | 771Perhaps it is apropos to hear from some processed food giants this week, leading up to the Thanksgiving holiday in the United States. Last Friday J.M. Smucker (NYSE: SJM) posted in line second-quarter results. Tyson Foods is scheduled to share its fiscal fourth-quarter results first thing Monday...
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Four Retail Stocks That Doubled in Six Months (BONT, LL, OSTK, ZLC)
Monday, November 5, 2012 - 3:22pm | 853Major retailers are beginning to share their third-quarter results, with JCPenney (NYSE: JCP), Macy's (NYSE: M) and Nordstrom among those on tap this week, and with big-box store operators Home Depot (NYSE: HD), Target (NYSE: TGT) and Walmart (NYSE: WMT) on the schedule for next week. Between that...
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Short Sellers Shying Away from Walmart, Gap, Other Retailers
Tuesday, August 28, 2012 - 3:23pm | 634Short sellers generally have found less to like in the retail sector, judging by changes in the short interest of some of the nation's biggest retailers between the July 31 and August 15 settlement dates. Notable exceptions include Amazon.com (NASDAQ: AMZN), Target (NYSE: TGT), Walgreen (NYSE: WAG...
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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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Earnings Expectations for the Week of August 13
Monday, August 13, 2012 - 6:33am | 938Retail earnings season got off to a start last week when drug store chain CVS Caremark (NYSE: CVS) and department store operators Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) bested second-quarter earnings estimates, while JCPenney (NYSE: JCP) reported a net loss. Many more...
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Short Sellers Shy Away from Lowe's and Amazon.com
Monday, August 13, 2012 - 6:32am | 606Moves by short sellers in late July indicate mixed feelings about the prospects for the retail sector. Shares sold short in Walmart (NYSE: WMT) rose only marginally between the 7/13 and 7/31 settlement dates. But the short interest in Best Buy (NYSE: BBY) and Walgreen (NYSE: WAG) increased more...
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Lennar's Q2: Further Evidence That Housing Has Bottomed?
Wednesday, June 27, 2012 - 11:41am | 583Shares of the third-largest home builder by revenue, Lennar (NYSE: LEN), are seeing increased strength during Wednesday's trading session after the company reported second-quarter results that were better than analysts had expected. Lennar reported second-quarter EPS of $0.21, versus the estimated...
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Lucky Number 7: Case-Shiller Index Rises After Seven Months of Declines
Tuesday, June 26, 2012 - 11:02am | 491According to the S&P/Case-Shiller Survey Home Price Indices, a measure of U.S. home prices, showed that on average home prices increased 1.3% in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of falling home prices as measured by both...
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Earnings Expectations for the Week of May 21 (BBY, LOW, DELL, HPQ)
Sunday, May 20, 2012 - 9:34am | 990This earnings season may be starting to wind down, but there are still plenty of quarterly reports on the schedule. This week we will hear from more retailers, including Best Buy (NYSE: BBY), Lowe's (NYSE: LOW) and Tiffany (NYSE: TIF). Tech companies Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE:...
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J.P. Morgan Provides Color on the Home Depot, Overweight
Thursday, June 23, 2011 - 9:11am | 153J.P. Morgan provided color on the Home Depot (NYSE: HD). In a research report published today, J.P. Morgan stressed its belief that the company is outperforming its rival Lowe's (NYSE: LOW). In the report, J.P. Morgan states, "Overall we walked away more confident in our 2.5% comp forecast for...
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Goldman Sachs Price Target Changes For 6/16
Thursday, June 16, 2011 - 6:17am | 167Goldman Sachs has changed price targets on the following companies: Advance Auto Parts (NYSE: AAP) From $70.00 to $67.00 Bed, Bath & Beyond (NASDAQ: BBBY) From $62.00 to $60.00 Dick's Sporting Goods (NYSE: DKS) From $46.00 to $45.00 Genuine Parts Company (NYSE: GPC) From $52.00 to $51.00...
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Jefferies Reiterates Buy on Lowe's and the Home Depot
Wednesday, June 15, 2011 - 8:09am | 178Jefferies reiterated its Buy rating on the Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) in spite of lowering its earnings per share estimates on both companies. In a research report published today, Jefferies stressed it prefers Home Depot to Lowe's. In the report, Jefferies states, "We still...
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JP Morgan Downgrades Lowe's To Neutral, Lowers PT To $26
Monday, June 6, 2011 - 6:20am | 27JP Morgan has downgraded Lowe's (NYSE: LOW) from Overweight to Neutral and has lowered the price target from $29 to $26.
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Hitting the Big Time: IdeaPaint Arrives in 1,700 Lowe's Locations
Wednesday, May 25, 2011 - 3:35pm | 341Is it possible to turn a wall into a dry-erase surface for writing and doodling? Several years ago, John Goscha was determined to find out. Goscha is the inventor of IdeaPaint, a new paint that answers the aforementioned question with a resounding “yes!” When applied to a wall, IdeaPaint creates a...