All Posts Tagged With: "BIG"
(LOW) Earnings Season Quieting Down – Earnings Preview
Earnings Preview – Week of May 21st
It will be a relatively quiet week on the earnings front, as there are only a few reports left before we close the books on the first quarter earnings season. This...
(BIG) Big Lots 2011 Third Quarter Earnings Preview
Big Lots Inc. (BIG), a broad line closeout retailer in the United States, is slated to report its third-quarter 2011 financial results before the opening bell on Friday, December 2, 2011. The current Zacks...
(JCP) U.S. Holiday Preview – National Retail Federation
The National Retail Federation (“NRF”), an industry trade group, projects a 2.8% growth in sales, amounting to $465.6 billion, during the current November to December holiday season, lower than the 5.2% rise in the corresponding period of the previous year. Online retail...
(SKS) U.S. Retail Still Rolling – Zacks Industry Rank Analysis
Industry Rank Analysis 11-15-11
Before you know it, Christmas will be here. That is something that tends to bring retail front and center to the minds of investors.
Rumors of the death of the U.S....
(VZ) U.S. Initial Jobless Claims Rise Again
Initial Claims for Unemployment Insurance rose by 22,000 last week to 414,000. This was worse than the expected level of 400,000. Last week’s numbers were revised upwards by 3,000, so one could see it as an increase of 5,000.
Recently, initial jobless claims seemed...
(VZ) Verizon Strike Raises Inital Jobless Claims
Initial Claims for Unemployment Insurance rose by 5,000 last week to 417,000. This was worse than the expected level of 400,000. Worse, last week’s numbers were revised upwards by 4,000, so one could see it as a increase of 9,000.
Recently, initial jobless claims...
(AWK) Company News for May 27, 2011 – Corporate Summary
• Big Lots, Inc. (NYSE:BIG) reported Q1 EPS of $0.70, above the Zacks Consensus Estimates of $0.68 per share. Revenues for the quarter fell 0.6% year-over-year to $1.23 billion, lower than the Zacks Consensus Estimate...
(AGL) Company News for May 20, 2011 – Corporate Summary
• Professional-networking site LinkedIn (NASDAQ:LNKD) made its debut at the New York Stock Exchange on Thursday. Share prices rocketed 109.44% to more than double to close at $94.25
• Pet-store chain...
(AAPL) Company News for March 04, 2011 – Corporate Summary
• H.J. Heinz Company (NYSE:HNZ) reported Q3 EPS of $0.85, ahead of the Zacks Consensus Estimate of $0.81 per share
• Big Lots Inc (NYSE:BIG) reported Q4 EPS of...
(ANF) Company News for December 6, 2010 – Corporate Summary
• Rio Tinto (NYSE:RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining
• Barron’s wrote favorably on Big Lots (NYSE:BIG) on valuation merits after last week’s earnings miss
• According...
(BIG) Company News for December 3, 2010 – Corporate Summary
• Walter Energy (NYSE:WLT) said it plans to acquire Canada’s Western Coal for $3.3 billion
• Google (NASDAQ:GOOG) is reported to have signed a deal to pay $1.9 billion for a Manhattan city block
• Citigroup (NYSE:C) downgraded eBay (NASDAQ:EBAY)...
(KR) Initial Claims for Unemployment Insurance Rose by 26,000
Initial Claims for Unemployment Insurance rose by 26,000 last week to 436,000 (last week was also revised up by 3,000, so one could see it as a 29,000 increase). This was worse than the expected level of 422,000.
Last week’s big surprise to the downside...
(WMT) U.S. Initial Jobless Claims Edge Up
Initial Claims for Unemployment Insurance rose by 2,000 last week to 439,000 (last week was also revised up by 2,000, so one could see it as a 4,000 increase). This was slightly better than the expected level of 442,000. While not as good as a further drop,...
(WMT) U.S. Initial Jobless Claims Rise by 20,000
Initial Claims for Unemployment Insurance rose by 20,000 last week to 457,000. We just can’t seem to get out of the “trading range” that initial claims have been in for the last year.
Last week, hopes were raised that we might finally be showing...
(WMT) Initial Claims for Unemployment Insurance rose by 13,000 last week to 462,000
Initial Claims for Unemployment Insurance rose by 13,000 last week to 462,000. We just can’t seem to get out of the “trading range” that initial claims have been in for the last year.
Last week, hopes were raised that we might finally be showing...
(BAC) Company News for August 25, 2010 – Corporate Summary
• Big Lots (NYSE:BIG) reported second quarter earnings one cent better than Zacks expectations at 48 cents per share, as revenues rose 5.2% to $1.14 billion, slightly below Zacks expectations of $1.5 billion
• Toll Brothers (NYSE:TOL) reported better-than-expected...
(BHP) Company News Summary for August 24, 2010
• Big Lots (NYSE:BIG) reported second quarter earnings one cent better than Zacks expectations at 48 cents per share, as inline revenues climbed 5.2% to $1.14 billion
• Medtronic (NYSE:MDT) posted second quarter earnings of 80 cents, below Zacks estimates of 82...
(BA) Stock Market News for August 24, 2010
U.S. stocks dropped on Monday as economic worries prevailed over early-morning enthusiasm resulting from Hewlett’s Packard’s bid for 3Par. The takeover tussle for 3Par sent technology shares almost to the bottom of the decliners’ list as investors rushed to safe havens...
(BHP) Stock Market News for August 23, 2010 – Market News
Stocks fell for a second consecutive week as persistent worries about the economy continued to weigh on investor sentiments. Concerned that the economy would slide back into recession, investors chose to stay away from stocks and flew to the safety of government debt. The...
(WMT) US. Claims for Unemployment Insurance Shock With Half a Million Initial Claims
Initial Claims for Unemployment Insurance rose by 12,000 in the last week to 500,000. This is bad news. The four-week average (see graph below from http://www.calculatedriskblog.com/)...
(WFC) U.S. Initial Jobless Claims Pulls Back
Initial claims for unemployment insurance fell back towards the bottom of the “trading range” they have been stuck in since the start of the year. Last week they fell by 21,000 to 454,000, essentiality reversing the big rise last week.
Because the week-to-week...
(JCP) Retail Industry Review and Outlook – June 2010 – Industry Outlook
The improving U.S. economic scene, some early tentative signs of a turnaround in the labor market, and pent-up demand held down by the recession have come together to perk up the retailers. Evidence of these favorable trends has been seen in comp sales, though the improvements...
(DHI) U.S. New Home Sales Impress! $$
New Home Sales jumped 14.8% in April to a seasonally adjusted annual rate of 504,000. That easily beat expectations for a rise to 425,000.
Well actually, after the revisions, that would not be a rise. The March numbers were revised sharply higher to...
(CPB) Uncertain Environment? Diversify and Seek Value – May 20, 2010
I spent most of this week at the 2010 CFA Institute Annual Conference, attending several great presentations and panels. Many of the topics centered around strategy, though the regulatory environment and Europe came up frequently during Q&A sessions.
In terms of...
(BIG) Big Lots – Had Record Earnings Results Across Several Metrics
Big Lots, Inc. (BIG) has soared to new highs since I last reviewed it in Dec 2009. However, the stock still has value characteristics despite the big stock move.
Big Lots is a closeout value retailer...
(BIG) Big Lots Incorporated – Bull of the Day
Big Lots (BIG) is the largest broad-line closeout retailer with an annual turnover of more than $4 billion. The closeout format gives it an edge over traditional discount retailers as customers are offered...
(AMAT) Personal Income Increases – Savings Slip in February
In February, Personal Income increased by $1.2 billion from January. That is essentially unchanged, as the increase does not even round to 0.1%. In contrast, personal consumption expenditures, also know as PCE or personal spending, rose by $34.7 billion or 0.3%.
If...
(LEN) Investors and Homeowners Ask When Will Housing Come Back?
Yesterday we got news that New Home Sales had fallen to their second all-time record low (since the data started in 1963) in a row. With other areas of the economy clearly on the mend (at least for now) the question...
(BIG) Labor Department Report Shows Lack of Hires – Not Too Many Fires
The Labor Department released its Job Openings and Labor Turnover Survey (JOLTS) today for January. This survey does not get the same sort of attention that the employment report gets, mostly because it comes out well after the employment data does (we just had the February...
(BIG) Big Lots Reports Stronger-Than-Expected Earnings
Big Lots Inc. (BIG) recently posted stronger-than-expected fourth-quarter 2009 results on the heels of better sales, improved inventory control and effective cost management. The quarterly earnings of $1.31...