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The three major US stock indexes opened sharply higher this morning after a report from Brussels that the EU had agreed to proposal for bailing out the Eurozone’s banks (our coverage here). The...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Anthera Pharmaceuticals (NASDAQ: ANTH) Cut to Sell at Citigroup. Bed...
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Retails sales for the month of June are expected to show only modest growth according to research firm Retail Metrics Inc. June is not a particularly good month for most retailers, and this year...
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Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow...
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The S&P Retail Index is down -2% in the late morning today, considerably below the overall DJIA decline of -1.2%, and it’s not entirely clear what’s causing the drop. Sears Holdings Corp....
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Retail Metrics is out with its forecasts showing that it still expects that the May 2012 Same Store Sales Index will come in with a gain of 1.7% for the month. This is effectively the same forecast...
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Two of the three major US stock indexes opened higher this morning as investors reacted to the news from Greece that no government could be formed and that a second election will be held next month....
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Lost in the last night’s commotion over the $2 billion loss at JPMorgan Chase & Co. (NYSE: JPM) were weak reports from retail Nordstrom Inc. (NYSE: JWN), Kohl’s Corp. (NYSE: KSS), and...
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Macy’s Inc. (NYSE: M) reported first quarter results this morning that beat estimates on both EPS and revenues. The soft spot was the company’s guidance, and that is taking the stock down sharply...
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The major US stock indexes opened lower this morning following a weak report on non-farm payrolls (our coverage here). The lack of any further data to chew over left the markets with nothing to do...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. AAR Corporation (NYSE: AIR) named Bear of the Day at Zacks. The Allstate...
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The final projections from Retail Metrics are out and April is looking as though the same-store sales are going to come in up only 1.5%. If so, this will mark the lowest gain since October 2010. ...
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US retailers will report April same-store sales results this week and the outlook calls for a substantial drop from March’s gain of 3.9% to an April rise of just 1.4%. The data comes from research...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. American International Group Inc. (NYSE: AIG) Raised to Outperform at...
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Retailers have been posting same-store sales figures for February this morning, and most are posting better-than-expected numbers — in some cases, much better than expected. We have reports from 15...
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