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Retailers & Other Companies To Watch For In Earnings This Week
Sunday, March 8, 2015 - 8:18pm | 902Read More...While all eyes will likely be on Apple Inc. (NASDAQ: AAPL) and its anticipated smartwatch launch early in the week, a few more retailers are scheduled to roll out their most recent quarterly results as well. Earnings from Aeropostale Inc (NYSE: ARO), Dollar General Corp. (NYSE: DG) and Urban...
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Should Investors Worry Over An Earlier And Longer Black Friday?
Tuesday, November 18, 2014 - 12:13pm | 537Read More...Eric Beder of Wunderlich Securities published a note to clients on what to expect from several retailers operating in the teen apparel space. "This month, we see teen retailers offering Black Friday-like deals, even before Black Friday actually occurs," Beder wrote. "Deep...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034Read More...U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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Consumer Discretionary ETF Gaining Momentum
Thursday, October 23, 2014 - 10:44am | 556Read More...The Consumer Discretionary SPDR (NYSE: XLY) is experiencing a strong rally after several of its holdings reported better than expected earnings this week. Increased spending on discretionary items is a positive sign for the economy, signaling consumers are confident enough with their current...
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BB&T Capital On Urban Outfitters: 'Risks Overshadow Great Brands'
Thursday, October 23, 2014 - 9:31am | 200Read More...Paul Alexander of BB&T Capital Markets initiated coverage of Urban Outfitters, Inc. (NASDAQ: URBN) on Thursday with a Hold rating with no assigned price target. Alexander notes that Urban Outfitters has a portfolio of "compelling" brands which gives the company an advantage of its...
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Morgan Stanley: Consumers Choosing Restaurants, iPhones Over Apparel
Tuesday, October 21, 2014 - 1:51pm | 344Read More...Kimberly Greenberger, retail analyst at Morgan Stanley, published a report Tuesday on the state of the consumer and where they are spending their money. According to Greenberger, consumers have clearly signaled thus far in October a preference for electronics and dining out instead of apparel....
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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830Read More...U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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Why 3 Analysts Think Urban Outfitters Will Shine In Tough Specialty-Retailer Environment
Tuesday, August 19, 2014 - 3:20pm | 785Read More...Urban Outfiters (NASDAQ: URBN) reported its second quarter results on Monday. The specialty-retailer earned $0.49 per share, in-line with the consensus estimate. Revenue rose seven percent from a year ago to $811.25 million and came in $4.24 million higher than analysts expected. Urban...
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Markets Little Changed Ahead Of 4th Of July Break
Wednesday, July 2, 2014 - 4:34pm | 2100Read More...U.S. stocks were little changed despite an ADP jobs report showing better-than-expected numbers. The ADP report comes ahead of the non-farm payrolls due on Thursday. Analysts are expecting the payrolls to confirm 212,000 jobs were added in June. The markets will close at 1:00 p.m. on Thursday...
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Dow Flirts With 17,000, S&P 500 Inches Closer To 2,000 In First Trading Day Of The Third Quarter
Tuesday, July 1, 2014 - 4:48pm | 2089Read More...U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...
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Abercrombie & Fitch Earnings Preview: Poised For A Fall?
Monday, May 26, 2014 - 12:34pm | 751Read More...Abercrombie & Fitch (NYSE: ANF), which like other fashion retailers targeting teens at the mall has taken a beating in the past year, is scheduled to report its fiscal first-quarter 2014 results Thursday, May 29, before the markets open. Despite a rough 2013, the share price has risen more...
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Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Read More...Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809Read More...U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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Market Wrap For April 2: Markets On Four-Day Winning Streak
Wednesday, April 2, 2014 - 4:40pm | 2499Read More...U.S. stocks rose for the fourth-consecutive day as investors found plenty of positives in today's ADP National Employment Report released today. As a result, the S&P 500 hit new all time highs of 1,893.17 while the Dow remains just a few small points away from its all time highs. The next...
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Market Wrap For March 12: Nasdaq Ends Losing Streak, Dow Mildly Lower
Wednesday, March 12, 2014 - 4:51pm | 2142Read More...U.S. stocks were little changed as investors found no new positive (or negative) developments from Ukraine and no new economic reports from China. Stanley Fischer, the nominee for Federal Reserve vice chairman will deliver a prepared testimony ahead of his confirmation at the Senate Banking...
