-
Market Wrap For April 14: Markets Surge on Positive Retail Data, Citi Earnings
Monday, April 14, 2014 - 4:36pm | 2450U.S. stocks rose to start off the holiday-filled shortened trading week on a positive note as investors found plenty of reason to be optimistic on retail sales which jumped the most since 2012. Investors were also encouraged by Citigroup's better than expected earnings which eased investor...
-
UPDATE: Citigroup Downgrades Bed, Bath & Beyond
Friday, April 11, 2014 - 8:51am | 138In a note released Friday, Citigroup downgraded Bed, Bath & Beyond (NASDAQ: BBBY) from Buy to Neutral and reduced the price target from $85 to $72. Citigroup has noted Bed, Bath & Beyond's outlook indicates that will post a decelerating top-line for the second year in a row. The note...
-
Market Wrap For April 4: Dow Suffers Triple Digit Point Loss, Nasdaq Continues To Underperform
Friday, April 4, 2014 - 4:44pm | 2444U.S. stocks ended the week on a sour note as investors continue to sell many momentum names. Not helping the bull case was the much anticipated Jobs report number which failed to "wow" the market, coming in relatively in-line with expectations. The Dow suffered a triple digit point loss and...
-
'Talented Blonde' Kristin Bentz Talks Retail And Her Favorite Company To Hate
Tuesday, April 1, 2014 - 3:56pm | 1075Kristin Bentz is the Executive Director of PMG Venture Group, a private equity firm with expertise in professional sports, media and luxury. Bentz is also President of Talented Blonde LLC, an advisory firm focusing on the consumer and retail industry and the author of the upcoming book It's...
-
Williams-Sonoma Jumps After Q4 Earnings Beat
Wednesday, March 12, 2014 - 4:52pm | 259Williams-Sonoma (NYSE: WSM) is up more than six percent in after hours trading after the company announced its fourth quarter results. The retailer reported a Q4 EPS of $1.38 versus the Street estimate of $1.36. Earnings per share were up three percent from the year-ago period. Revenue came in...
-
Earnings Expectations For The Week Of March 10: The Season Winds Down
Sunday, March 9, 2014 - 6:30pm | 899As the earnings season winds down, some the most anticipated quarterly reports this week. Most notably, reports will come from alternative energy companies FuelCell Energy (NASDAQ: FCEL) and Plug Power (NASDAQ: PLUG), retailers American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG),...
-
Williams-Sonoma Jumps 3% After Q3 Earnings Beat
Wednesday, November 20, 2013 - 5:46pm | 333Williams-Sonoma (NYSE: WSM) is up more than three percent in after hours trading after announcing the firm's third quarter results. The retailer reported a Q3 EPS of $0.58 versus the Street estimate of $0.55. Earnings per share were up 18 percent from the year-ago period. Revenue arrived at $1....
-
Earnings Expectations For The Week Of November 18: More Retailers On Deck
Sunday, November 17, 2013 - 4:40pm | 1175The focus is on retail as the as the crucial holiday shopping season is set to get underway. Last week, Walmart (NYSE: WMT) and Kohl's (NYSE: KSS) offered weak third-quarter results, while Macy's (NYSE: M) and Nordstrom (NYSE: JWN) turned in earnings beats. Plenty more retailers are on deck this...
-
Get Ready To Picture Instagram Monetized
Tuesday, September 10, 2013 - 10:57am | 643There are no ads on Instagram. The app doesn’t cost anything. In other words, it does not create revenue for its owner, Facebook (NASDAQ: FB). If Instagram director of business operations, Emily White, is to be believed, all that will change within the next year, according to The Wall Street...
-
Earnings Expectations For The Week Of August 26
Sunday, August 25, 2013 - 8:08pm | 872Quarterly reports from Tiffany & Co. (NYSE: TIF) and Campbell Soup (NYSE: CPB) will highlight an otherwise pretty quiet week on the earnings front as the quarter winds down. Here is a quick look at expectations from those two reports, as well as those from Salesforce.com (NYSE: CRM), Brown-...
-
UPDATE: Wedbush Raises PT on Williams-Sonoma on Housing Recovery
Monday, May 20, 2013 - 3:52pm | 91In a report published on Monday, Wedbush analyst Joan Storms raised the price target on Williams-Sonoma (NYSE: WSM) from $47 to $50 and maintained a Neutral rating. In the report, Wedbush noted, "We continue to believe that Williams-Sonoma, one of the best-positioned retailers in home...
-
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,...
-
Earnings Expectations for the Week of March 18
Sunday, March 17, 2013 - 3:16pm | 913Here is a quick look at what analysts expect to see from FedEx (NYSE: FDX), Oracle (NASDAQ: ORCL), Nike (NYSE: NKE) and some of the other most prominent quarterly reports scheduled for this week. FedEx Third-quarter fiscal 2013 earnings from this ostensible economic bellwether are expected to...
-
Earnings Expectations for the Week of November 12
Sunday, November 11, 2012 - 7:08pm | 869While the consensus forecasts call for year-over-year earnings growth from the likes of Cisco Systems (NASDAQ: CSCO), J.M. Smucker (NYSE: SJM) and Viacom (NASDAQ: VIAB) -- as well as lower per-share earnings from Dell (NASDAQ: DELL) -- when they share their most recent quarterly results this week,...
-
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...