PIR

PIR Articles

These are some of the top pre-market analyst upgrades and positive research calls that we have seen from Wall Street firms early this Monday morning: Applied Signal (APSG) Raised to Buy at...
Based on the TickerSpy index of major industry sectors, hotel REITs had the best performance of any group measured, up almost 60%.  At the head of the industry were Diamondrock (DRH) and LaSalle...
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At the beginning of the decade a number of internet and next-generation technology companies raised money through venture capitalists and IPOs. Many of these companies had little, if any, revenue....
A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added soon. 24/7 Wall St. looked at...
A year ago, not many people would have thought Circuit City would be in bankruptcy now. Linens ‘n Things, Mervyn’s, Whitehall Jewelers and Steve & Barry’s have either shut down or are...
These are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Tuesday morning: Developers Diversified (DDR) Cut to Neutral at Goldman Sachs. Federated Investors...
The Wall Street Journal reports that Circuit City (CC) is finally addressing just how desperate its situation is. The company is reportedly considering a plan to close 150 stores and slash jobs in an...
Energysolutions (ES) Company cuts guidance. Plunges to $5.60 from 52-week high of $28.45. Lear Corporation (LEA) Another victim of lower guidance. Falls to $3.77 from 52-week high of $36.99. Pier 1...
American Axle (AXL) S&P downgrade due to big customer GM (GM) cutting production. Drops to $2.61 from 52-week high of $28.11. Pier 1 (PIR) Analyst dowgrade due to weak same-store sales. Down to...
It is no secret that the consumer is in the tank and that retail sales are coming in poorly.  It would have been a fool’s gold trade to believe you were going to see any great sales for...
Pier 1 Imports (PIR) shareholders have been through a painful quarter. Stock in the company have dropped over 40% in the last 90 days. That got worse today. PIR said its same-store sales for the...
These are some of the top Downgrades or negative calls we are seeing early this Tuesday morning.  Neutral and Hold ratings are not technically negative, but they aren’t ringing endorsements...
It is now no secret that we are in a very weak economic environment and if it is not an official recession it is for about 80% of the country.  We’ve already seen some retailers collapse entirely...
Pier 1 Imports Inc. (NYSE: PIR) is seeing its stock butchered by more than 16% in the first 30 minutes of trading this morning and it has already surpassed its average daily trading volume.  The...