<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Stock Blog Hub &#187; Jo-Ann Stores Inc.</title>
	<atom:link href="http://www.stockbloghub.com/tag/jo-ann-stores-inc/feed" rel="self" type="application/rss+xml" />
	<link>http://www.stockbloghub.com</link>
	<description>Start Your Investing Research Here!</description>
	<lastBuildDate>Wed, 23 May 2012 20:22:08 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
		<item>
		<title>(JAS) Jo-Ann Stores to be Acquired for $1.6 Billion</title>
		<link>http://www.stockbloghub.com/2010/12/28/jas-jo-ann-stores-to-be-acquired-for-1-6-billion/63736</link>
		<comments>http://www.stockbloghub.com/2010/12/28/jas-jo-ann-stores-to-be-acquired-for-1-6-billion/63736#comments</comments>
		<pubDate>Tue, 28 Dec 2010 16:46:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Specialty Retail Other]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BJ]]></category>
		<category><![CDATA[BJ's Wholesale Club Inc.]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63736</guid>
		<description><![CDATA[Jo-Ann Stores Inc. (JAS), the fabric and craft retailer announced that it will be purchased by an affiliate of private-equity firm, Leonard Green &#38; Partners LP for $61 per share, or $1.6 billion, in cash. The offer price was at a 34% premium to Wednesday’s closing price of $45.63. The deal has been accepted by the Jo-Ann Stores board. However, the completion of the deal is subject to regulatory and shareholders’ approval as well as other customary closing conditions. The merger deal allows Jo-Ann Stores the option to weigh other offers that it might get from a third party through February 14, 2011, but the possibility of a higher bid seems unlikely. The transaction is expected to close in the first half of 2011. Los Angeles-based Leonard Green has invested ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/28/jas-jo-ann-stores-to-be-acquired-for-1-6-billion/63736/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BBBY) Stock Market News for Dec 27, 2010 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2010/12/27/bbby-stock-market-news-for-dec-27-2010-market-news/63724</link>
		<comments>http://www.stockbloghub.com/2010/12/27/bbby-stock-market-news-for-dec-27-2010-market-news/63724#comments</comments>
		<pubDate>Mon, 27 Dec 2010 23:45:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Home Furnishing Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Advantest Corporation]]></category>
		<category><![CDATA[ATE]]></category>
		<category><![CDATA[BBBY]]></category>
		<category><![CDATA[Bed Bath & Beyond Inc.]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>
		<category><![CDATA[Micron Technology Inc.]]></category>
		<category><![CDATA[MU]]></category>
		<category><![CDATA[SNIC]]></category>
		<category><![CDATA[Sonic Solutions]]></category>
		<category><![CDATA[Verigy Limited]]></category>
		<category><![CDATA[VRGY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63724</guid>
		<description><![CDATA[On Thursday, the Dow Jones Industrial Average (DJIA) rose to its highest mark but other major indices shed a few points. Ahead of the Christmas celebration, mixed economic data left the benchmarks to sway just modestly, and investors took a wait and watch attitude. Durable goods orders dropped below economist’ expectations primarily due to 53.1% dip in commercial airplane orders. However, new orders for nondefense capital goods (apart from aircraft) increased 2.6%, which reflects higher spending and thus an economic recovery of sorts. Claims for first time unemployment benefits also fell to and consumer spending modestly moved up by 0.4%. The DJIA rose 0.12% to close at 11,573.49. The S&#38;P 500 dropped 0.16% to close at 1,256.77. The Nasdaq Composite Index edged down 0.22% to 2,665.60. On the New York ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/27/bbby-stock-market-news-for-dec-27-2010-market-news/63724/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BBBY) Company News for December 23, 2010</title>
		<link>http://www.stockbloghub.com/2010/12/25/bbby-company-news-for-december-23-2010/63522</link>
		<comments>http://www.stockbloghub.com/2010/12/25/bbby-company-news-for-december-23-2010/63522#comments</comments>
		<pubDate>Sat, 25 Dec 2010 18:16:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Home Furnishing Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BBBY]]></category>
		<category><![CDATA[Bed Bath & Beyond Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>
		<category><![CDATA[Micron Technology Inc.]]></category>
		<category><![CDATA[MU]]></category>
		<category><![CDATA[ReneSola Limited]]></category>
		<category><![CDATA[SOL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63522</guid>
		<description><![CDATA[• Rio Tinto (NYSE:RIO) revised its bid amount for Riversdale Mining, offering $3.9 billion, up from $3.5 billion • Bed Bath &#38; Beyond (NASDAQ:BBBY) posted fiscal third quarter profits of $0.74, below the Zacks Consensus Estimate of $0.93, and reported revenues of $2.2 billion, which are again well below the Zacks Consensus Estimate of $2.35 billion. The company announced its plans for a $2 billion stock repurchase program, and increased guidance for 2010 from 20% EPS growth to 25% at $2.86-$2.90, besting estimates of $2.80 • Micron Tech (NASDAQ:MU) posted fiscal first quarter earnings of $0.15, well behind the Zacks Consensus Estimate of $0.19, as revenues rose 32% to $2.3 billion, beating the Zacks Consensus Estimate of $2.218 billion • Leonard Green &#38; Partners reported plans to buy Jo-Ann Stores (NYSE:JAS) at $61 per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/25/bbby-company-news-for-december-23-2010/63522/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JAS) Jo-Ann Stores Incorporated &#8211; Swung to a Profit in the Second Quarter</title>
		<link>http://www.stockbloghub.com/2010/09/07/jas-jo-ann-stores-incorporated-swung-to-a-profit-in-the-second-quarter/50565</link>
		<comments>http://www.stockbloghub.com/2010/09/07/jas-jo-ann-stores-incorporated-swung-to-a-profit-in-the-second-quarter/50565#comments</comments>
		<pubDate>Tue, 07 Sep 2010 22:02:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Specialty Retail Other]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50565</guid>
		<description><![CDATA[Jo-Ann Stores, Inc. (JAS) recently raised fiscal 2011 earnings per share guidance for the second time this year after better than expected second quarter results. Jo-Ann Stores has seen strong sales growth as consumers have tended to stay home and have engaged in projects around the house. The company is a fabric and craft retailer with stores in 48 states. It sells craft projects, fabrics, frames, paper crafting material and home accents. Jo-Ann Stores Swung to a Profit in the Second Quarter On Aug 25, Jo-Ann Stores reported its fiscal second quarter 2011 results which crushed the Zacks Consensus by 900%. Analysts were only expecting 2 cents but Jo-Ann came in with 20 cents per share. It was the first time in five years the company generated positive results for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/07/jas-jo-ann-stores-incorporated-swung-to-a-profit-in-the-second-quarter/50565/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CRMT) America&#8217;s Car-Mart &#8211; Customer Credit Is Starting to Turnaround</title>
		<link>http://www.stockbloghub.com/2010/07/13/crmt-americas-car-mart-customer-credit-is-starting-to-turnaround/41787</link>
		<comments>http://www.stockbloghub.com/2010/07/13/crmt-americas-car-mart-customer-credit-is-starting-to-turnaround/41787#comments</comments>
		<pubDate>Tue, 13 Jul 2010 20:47:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Dealerships]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[America's Car-Mart Inc.]]></category>
		<category><![CDATA[CRMT]]></category>
		<category><![CDATA[DXP Enterprises Inc.]]></category>
		<category><![CDATA[DXPE]]></category>
		<category><![CDATA[Harbin Electric]]></category>
		<category><![CDATA[HRBN]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>
		<category><![CDATA[Men's Wearhouse Inc.]]></category>
		<category><![CDATA[MW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41787</guid>
		<description><![CDATA[Who said the auto industry is down and out? America&#8217;s Car-Mart, Inc. (CRMT), which operates 97 automotive dealerships in 8 states and also has a successful car financing slogan &#8220;Buy Here/Pay Here&#8221;, on Jun 3 reported record full year earnings. When I last reviewed America&#8217;s Car-Mart in September 2009, the company was, even then, seeing sales growth of 10% as consumers turned to the company&#8217;s attractively priced autos and easy financing. Since then, the company has surprised on estimates 3 quarters in a row Incorporatedluding on Jun 3 for the fiscal fourth quarter. Earnings per share for the fiscal fourth quarter were 62 cents per share compared to 43 cents in the year ago quarter. The Zacks Consensus was calling for 58 cents. Revenue continued to rebound, growing 14% to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/13/crmt-americas-car-mart-customer-credit-is-starting-to-turnaround/41787/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DDR) Developers Diversified Realty Reports Leases Strong</title>
		<link>http://www.stockbloghub.com/2010/05/24/ddr-developers-diversified-realty-reports-leases-strong/38127</link>
		<comments>http://www.stockbloghub.com/2010/05/24/ddr-developers-diversified-realty-reports-leases-strong/38127#comments</comments>
		<pubDate>Mon, 24 May 2010 20:53:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Retail]]></category>
		<category><![CDATA[BBBY]]></category>
		<category><![CDATA[BBY]]></category>
		<category><![CDATA[Bed Bath & Beyond Inc.]]></category>
		<category><![CDATA[Best Buy Company Inc]]></category>
		<category><![CDATA[DDR]]></category>
		<category><![CDATA[Developers Diversified Realty Corporation]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>
		<category><![CDATA[Kohl's Corporation]]></category>
		<category><![CDATA[KSS]]></category>
		<category><![CDATA[PETM]]></category>
		<category><![CDATA[Petsmart Inc.]]></category>
		<category><![CDATA[The TJX Companies]]></category>
		<category><![CDATA[TJX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38127</guid>
		<description><![CDATA[Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently signed a leasing agreement for 671,278 million square feet of space in Hatillo, Puerto Rico. The lessee is T.J. Maxx, a chain of U.S. department stores owned by The TJX Companies Inc. (TJX) – an off-price apparel and home fashions retailer. Earlier in March 2010, Developers Diversified had executed leasing agreement with PetSmart, Inc. (PETM), a specialty retailer of products, services, and solutions for pets in North America, for opening the first retail stores in Puerto Rico at Bayamon and Rio Piedras. All the leased properties are expected to open in spring 2011. Despite challenging market conditions, Developers Diversified had executed strong leasing transactions during the past five quarters with some of the leading retailers of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/ddr-developers-diversified-realty-reports-leases-strong/38127/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JAS) Jo-Ann Stores Incorporated &#8211; Consensus Estimates Jumped 38%</title>
		<link>http://www.stockbloghub.com/2009/11/14/jas-jo-ann-stores-incorporated-consensus-estimates-jumped-38/20412</link>
		<comments>http://www.stockbloghub.com/2009/11/14/jas-jo-ann-stores-incorporated-consensus-estimates-jumped-38/20412#comments</comments>
		<pubDate>Sun, 15 Nov 2009 00:22:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Specialty Retail Other]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20412</guid>
		<description><![CDATA[Jo-Ann Stores Inc. (JAS) is hiring for the holidays and saw a jump in third quarter same-store sales. Analysts expect earnings per share growth in 2010 of 170.26%. Even with the massive growth, the company is trading with a PEG ratio of just 0.99. Jo-Ann Stores operates 750 fabric and craft stores in 48 states and through its web site, joann.com. Seasonal Hiring Climbed by 18.1% On Nov 10, the company announced that it had hired 2779 seasonal employees which would be 13.4% of its total workforce. That&#8217;s up from last year&#8217;s holiday season when seasonal employees only accounted for 11% of the workforce. Jo-Ann Stores said the increase was due to recent sales trends and expectations for holiday traffic in the stores. Jo-Ann Preannounced Third Quarter and Raised Full-Year ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/14/jas-jo-ann-stores-incorporated-consensus-estimates-jumped-38/20412/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JAS) Jo-Ann Stores, Inc. &#8211; Average Estimate is $1.10, up from $0.99</title>
		<link>http://www.stockbloghub.com/2009/08/24/jas-jo-ann-stores-inc-average-estimate-is-1-10-up-from-0-99/13180</link>
		<comments>http://www.stockbloghub.com/2009/08/24/jas-jo-ann-stores-inc-average-estimate-is-1-10-up-from-0-99/13180#comments</comments>
		<pubDate>Mon, 24 Aug 2009 21:41:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Specialty Retail Other]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13180</guid>
		<description><![CDATA[Jo-Ann Stores, Inc. (JAS) analysts continue to raise estimates after solid sales growth in the second quarter. Sales Increasing On Aug 6 the company reported net sales for the second quarter of $419.4 million, up from $403 million. Same store sales increased 1.8% since last year, which is good, but the company saw a 3.3% increase last year. Full second-quarter results are expected later this week. Estimates Still Rising Since I wrote about Jo-Ann stores last month the Zacks Consensus Estimate continues to climb. The average estimate for full-year 2009 is now $1.10, up from 99 cents. Forecasts for next year are averaging $1.37, up from $1.29. Each analyst polled by Zacks has raised their projections in that time period. Given these estimates, year-over-year earnings growth is expected to be ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/24/jas-jo-ann-stores-inc-average-estimate-is-1-10-up-from-0-99/13180/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($JAS) Jo-Ann Stores &#8211; projections would be year-over-year earnings growth of 31% and 30%, respectively</title>
		<link>http://www.stockbloghub.com/2009/07/17/jas-jo-ann-stores-projections-would-be-year-over-year-earnings-growth-of-31-and-30-respectively/10642</link>
		<comments>http://www.stockbloghub.com/2009/07/17/jas-jo-ann-stores-projections-would-be-year-over-year-earnings-growth-of-31-and-30-respectively/10642#comments</comments>
		<pubDate>Fri, 17 Jul 2009 17:28:23 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Specialty Retail Other]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=10642</guid>
		<description><![CDATA[Jo-Ann Stores, Inc. (JAS) is expected to grow 30% over each of the next two years and recently topped analyst estimates. Company Description Jo-Ann Stores is a retailer for fabric and crafts for hobbyists. Stores stock everything for activities such as sewing, scrap booking, home decorating, and other crafts. EPS Doubles and then some On May 27 Jo-Ann reported first-quarter results that included wider profit margins, higher sales and a spike in earnings. Net income came in at $8.6 million, up from just $3.0 million one year ago. Earnings per share were 30 cents, almost triple the consensus of 11 cents and the 12 cents earned last year. This was the third surprise in the past 4 quarters as net sales picked up 3.1% to $460 million for the quarter. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/07/17/jas-jo-ann-stores-projections-would-be-year-over-year-earnings-growth-of-31-and-30-respectively/10642/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JAS) Jo-Ann Stores, Inc. &#8211; Momentum &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/05/16/jas-jo-ann-stores-inc-momentum-zacks-rank-buy/7127</link>
		<comments>http://www.stockbloghub.com/2009/05/16/jas-jo-ann-stores-inc-momentum-zacks-rank-buy/7127#comments</comments>
		<pubDate>Sun, 17 May 2009 00:01:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Specialty Retail Other]]></category>
		<category><![CDATA[JAS]]></category>
		<category><![CDATA[Jo-Ann Stores Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=7127</guid>
		<description><![CDATA[Jo-Ann Stores, Inc. (JAS) pre-announced its first-quarter sales results in early May, giving its share price a nice boost and causing analyst to upgrade their earnings forecasts. Company Description Jo-Ann Stores, Inc. operates as a specialty retailer of crafts in the Untied States. The company was founded in 1943. operates close to 1,000 stores and has a market cap of $541 million. First-Quarter Pre-Release Jo-Ann is set to release its full first-quarter results on May 27, but the company pre-released its sales figures on May 7, coming in at $460 million, up from $446.1 million in the same period last year. On the same day, Jo-Ann also announced that its same-store sales, a key retail metric, were up 1% during the quarter. Estimates Jump After the solid pre-announce sales numbers ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/05/16/jas-jo-ann-stores-inc-momentum-zacks-rank-buy/7127/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

