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Retail Metrics is out with its preliminary expectation for February same-store sales data to be released later in the week. Keep in mind that February has an extra day compared to 2011 because of...
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US markets opened higher this morning and traded higher for most of the day. The DJIA briefly rose above 13,000 for the first time in nearly 3 years. But in the early afternoon, apparently as a...
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US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target...
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J. C. Penney Company, Inc. (NYSE: JCP) is getting hit pretty hard this morning. While current investors will not appreciate the drop, this is actually great news for those investors who wanted to...
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A downward revision to third-quarter GDP did not hold down early trading this morning as markets got off to a good start and remained in positive territory throughout the day. A rise in consumer...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Agrium Inc. (NYSE: AGU) Cut to Sector Perform from...
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Stocks opened lower this morning and stayed lower for nearly the entire first half of the day, with buyers most likely waiting to see what would happen with Italian bond rates. The bonds ended the...
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A number of retailers reported earnings this morning, and the results might be summarized as “mixed” at best. Wal-Mart Stores Inc. (NYSE: WMT), Home Depot Inc. (NYSE: HD), Saks Inc. (NYSE: SKS),...
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A couple of weeks ago we looked at implied share price gains at several retailers, and today we’ll take a more focused look at mall anchor stores. Three retailers from our previous survey are...
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These are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Albemarle Corporation (NYSE: ALB) Raised to Neutral at...
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The 2011 holiday season is very likely going to be a tale of two classes. For the well-off — those with discretionary incomes above $250,000 — spending is expected to increaseby about 7%. For...
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British high-end clothier Burberry PLC reported that sales for its first six months of the year rose 30% on strong demand for its signature trenchcoats and accessories. The company noted that its...
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These are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. American Capital Agency Corp. (NASDAQ: AGNC) Cut to Neutral...
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Retail sales in August put up solid gains that were slowed somewhat by the effects of Hurricane Irene along the eastern seaboard. Among the stores reporting sales numbers today are Costco Wholesale...
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