All Posts Tagged With: "TGT"

(TGT) Sweeping Up the Last of First Quarter Earnings – Earnings Preview

The Q1 earnings season is effectively over for most of the major sectors, with Retail as the only one that still has a number of major reports still awaited. As such, Retail has a heavy presence in this week’s earnings reports, including industry heavyweights like Target...

17May2013 | | Comments Off | Continued

(WMT) Focus Shifts to Retail Earnings – Earnings Preview

The Q1 earnings season is over for most of the major sectors, with the Retail sector as the only one that has a significant number of reports still awaited. As such, Retail has a heavy presence in this week’s earnings reports, including industry heavyweights like Wal-Mart...

15May2013 | | Comments Off | Continued

(JCP) J. C. Penney Taps Revolver

In an effort to stabilize its financials, replenish inventory and fund the overhauling costs related to its new home departments across 500 stores, J. C. Penney Company Inc. (JCP) drew $850 million from its $1.85 billion revolving...

3May2013 | | Comments Off | Continued

(TGT) Target Cautions Lower First Quarter Earnings

The unexpected cold weather resulting in soft sales of spring merchandises compelled Target Corporation (TGT) to take a cautious stance on its sales and earnings projection for the first quarter of fiscal 2013. This operator of general...

2May2013 | | Comments Off | Continued

(RSH) RadioShack Remains Neutral

We reaffirm our long-term Neutral recommendation on RadioShack Corp. (RSH). The company surprised in its fourth-quarter 2012 financial results with a net profit. This was in huge contrast to the Zacks Consensus Estimate of a net loss....

18Apr2013 | | Comments Off | Continued

(JCP) J. C. Penney Company Ousts Johnson and Reinstates Ullman

In a major development, J. C. Penney Company Inc.’s (JCP) board of directors discharged CEO Ron Johnson of his duties, as his ambitious transformational ideas failed to materialize. The company’s former CEO, Myron E. (Mike) Ullman,...

18Apr2013 | | Comments Off | Continued

(LTD) Retail Industry Stock Outlook – March 2013 – Zacks Analyst Interviews

Retailers procure goods in large quantities directly from manufacturers or wholesalers and sell these in smaller quantities to customers through retail shops or online. As consumer spending is the key to the viability of any economy, the health of the retail industry is an important economic indicator. As...

23Mar2013 | | Comments Off | Continued

(M) eCommerce Stock Outlook – March 2013 – Zacks Analyst Interviews

The Electronic Commerce, or e-commerce, industry is one of the most progressive sectors of the economy. The industry is evolving very rapidly, so data collection and evaluation are particularly difficult. Consequently, one has to rely largely on surveys by both government and private agencies. According...

18Mar2013 | | Comments Off | Continued

(BBY) Can Best Buy Combat ‘Showrooming’?

Best Buy Co., Inc. (BBY), which is slated to report its fourth-quarter results on February 28, has had a tough year. The retailer had a disappointing third quarter. Earnings per share dropped from the year-ago quarter figure of 47...

23Feb2013 | | Comments Off | Continued

(TGT) Target’s Strategic Initiative

Target Corporation (TGT) as part of its P-fresh remodel program, which facilitates the company to sustain sales momentum and continue to drive traffic through fresh offerings and enhanced customer shopping experience plans to introduce...

5Feb2013 | | Comments Off | Continued

(KIM) Kimco Realty Adds Santee Trolley Square

Kimco Realty Corp. (KIM) announced the addition of the Santee Trolley Square in suburban San Diego to its portfolio. Particularly, the company purchased a 50% ownership interest of its institutional partner in Santee Trolley Square...

23Jan2013 | | Comments Off | Continued

(BBBY) Bed, Bath & Beyond Shares Rated Neutral

We retained our Neutral stance on specialty retailer, Bed, Bath & Beyond Inc. (BBBY), that also retains a Zacks Rank #3 (Hold). The company’s strong quarterly performance, robust outlook, store growth initiatives and healthy...

15Jan2013 | | Comments Off | Continued

(COST) Costco Wholesale Posts Robust Comparable-Store Results

The holiday season ended on an upbeat note for Costco Wholesale Corporation (COST), as the leading U.S. warehouse club operators posted robust December comparable-store sales data that betters analysts’ expectations. Sales for the...

7Jan2013 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Shares Held at Neutral by Analyst

Costco Wholesale Corporation (COST) continues to be a dominant retail wholesaler based on the breadth and quality of merchandises it offers. The company’s strategy to sell products at heavily discounted prices has helped it maintain...

2Jan2013 | | Comments Off | Continued

(WMT) Walmart Stores Get New Fuel Stations

Retail giant Wal-Mart Stores Inc. (WMT) recently inked an agreement with Murphy USA, a wholly owned subsidiary of Murphy Oil Corporation (MUR), wherein Murphy USA will...

1Jan2013 | | Comments Off | Continued

(SHLD) Sears Holdings Retained at Neutral

We maintain our long term ‘Neutral’ recommendation on leading U.S. broad line retailer, Sears Holdings Corporation (SHLD), as the company continues to narrow down year-over-year losses in every quarter since the beginning of...

18Dec2012 | | Comments Off | Continued

(ICON) Iconix Pinned at Neutral

We are reiterating our Neutral recommendation on Iconix Brand Group (ICON) following its third quarter 2012 results. Iconix reported third quarter earnings of 41 cents, ahead of the prior-year earnings and the Zacks Consensus...

18Dec2012 | | Comments Off | Continued

(NRF) Will December Mirror November Sales?

November retail sales data are out amid an economy which has been exposed to a number of mixed events. On one hand, the Labor Department indicated that initial jobless claims have fallen 29,000 to 343,000; on the other, consumer sentiment is showing a negative inclination, largely due to the looming...

14Dec2012 | | Comments Off | Continued

(XLY) Stock Market News for November 29, 2012 – Market News

Benchmarks rallied after President Barack Obama and John Boehner made encouraging comments about reaching an agreement on the “fiscal cliff” dilemma. Federal Reserve’s released its latest “Beige Book” reports which revealed that the U.S. economy grew at a “measured pace”. Meanwhile,...

3Dec2012 | | Comments Off | Continued

(XLK) Stock Market News for November 16, 2012 – Market News

A number of mixed earnings reports from U.S. retailers and investor apprehensions ahead of Friday’s fiscal cliff negotiations at the White House left the benchmarks languishing in the red. Meanwhile, initial claims surged over the previous week and jumped to their highest level in 18 months. The...

30Nov2012 | | Comments Off | Continued

(M) eCommerce Stock Outlook – November 2012 – Industry Outlook

The Electronic Commerce, or e-commerce, industry is one of the most progressive sectors of the economy. The industry is evolving very rapidly, so data collection and evaluation are particularly difficult. Consequently, one has to rely largely on surveys by both government and private agencies. According...

30Nov2012 | | Comments Off | Continued

(NRF) Holiday Season Lifts Consumer Index

While the economy is still struggling to fully recover, Thanksgiving, Black Friday and Cyber Monday came as a relief for the retailers this holiday season. The holiday weekend sales have helped consumer confidence strongly improve. Amid the economic gloom, it seems that consumers had saved enough...

28Nov2012 | | Comments Off | Continued

(XLY) Stock Market News for November 27, 2012 – Market News

Benchmarks ended lower on Monday after two consecutive days of gains as investors remained apprehensive about the fiscal cliff. Investors also awaited the outcome of talks among Euro zone finance ministers, International Monetary Fund and European Central Bank about Greece’s debt crisis. Investors...

27Nov2012 | | Comments Off | Continued

(LTD) Retail Industry Stock Outlook – November 2012 – Industry Outlook

As consumer spending is the key to the viability of any economy, the health of the retail industry is an important economic indicator. According to the National Retail Federation, retail accounts for about $2.5 trillion of annual U.S. GDP and acts as a barometer for measuring the health of the nation’s...

22Nov2012 | | Comments Off | Continued

(TGT) Retailers Gearing Up for Holidays – Analyst Blog

Retailers have pulled up their socks and are coming up with numerous strategic measures as they take the final lap before the onset of the key holiday season. From lucrative discounts to flexibility of shopping through smartphones and tablets to free shipping and 24-hour shopping, they are leaving...

24Oct2012 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Beats on Higher Sales

Costco Wholesale Corporation (COST) came out with better-than-expected fourth-quarter 2012 results today. The quarterly earnings of $1.39 per share beat the Zacks Consensus Estimate of $1.30, and surged 28.7% from $1.08 earned in...

23Oct2012 | | Comments Off | Continued

(COST) Costco Wholesale Corporation Earnings Scorecard

Costco Wholesale Corporation (COST), a leading U.S. warehouse club operator, posted its fourth-quarter 2012 results on October 11. Here we will discuss the company’s scorecard based on the recent earnings announcement, subsequent...

17Oct2012 | | Comments Off | Continued

(WMT) Stock Market News for October 16, 2012 – Market News

Strong September retail sales data coupled with better-than-expected quarterly results by Citigroup drove the benchmarks into the positive territory yesterday. The positive tone helped benchmarks to rebound from its previous week’s losses and guided Dow to register its biggest gain in one month....

16Oct2012 | | Comments Off | Continued

(ETF) Stock Market News for October 15, 2012 – Market News

Benchmarks lost their initial gains to end mostly flat as apprehensions about contracting profits of financial bellwethers dented investor sentiment on Friday. At the close of the trading session on Friday, markets recorded their worst weekly performance in four months. Benchmarks had started on a...

15Oct2012 | | Comments Off | Continued

(UNH) UnitedHealth Group Discloses 2013 Medicare Plans

UnitedHealthcare – the health benefits segment of UnitedHealth Group Inc. (UNH) – has come out with its Medicare portfolio for 2013. It has also disclosed a low-cost Part-D Plan as well as its preferred pharmacy network, which...

9Oct2012 | | Comments Off | Continued