(LOW) Lowe’s Confirms 2009 Earnings Guidance
This morning, Lowe’s Companies Inc. (LOW) backed its fiscal 2009 sales and earnings guidance, provided on August 17. The company maintains its earnings expectations between $1.13 and $1.21 for the...
View Article(HD) Home Depot Joins Martha Stewart Living Omnimedia in New Product Line
The Home Depot Inc (HD), the world’s largest home improvement specialty retailer, has recently announced a deal with Martha Stewart Living Omnimedia (MSO), a diversified media and merchandising...
View Article(HGG) hhgregg, Inc.: The Only Retail Stock Worth Buying Right Now
by Louis Basenese, Advisory Panelist For the first time in six months, retail sales ticked higher in August. Granted, it wasn’t by much – a scant 0.7% higher than July. But it’s inevitable that...
View Article(BAX) Baxter International Beats Earnings, Raises Outlook
Baxter International Inc. (BAX) today reported third quarter fiscal 2009 earnings per share of 98 cents, surpassing the Zacks Consensus Estimate of 97 cents and the year-ago earnings of 88 cents. The...
View Article(LOGI) Logitech International Acquires LifeSize
Logitech International (LOGI) announced that it has agreed to acquire privately held LifeSize Communications of Austin, Texas for $405 million in cash. LifeSize is a global leader in high definition...
View Article(HD) Home Depot’s Sales Dip
Home Depot (HD), the largest home improvement retailer in the world, reported net income of $689 million or 41 cents per share in the third quarter of fiscal 2009, compared to net income of $756...
View Article(GPS) Retail Industry – Industry Outlook
Upcoming Holiday Shopping Season With a probable end in sight to a prolonged recession, American consumers are somewhat upbeat about the upcoming holiday shopping season. However, customers remain...
View Article(GPS) Retail Industry – Industry Outlook – Upcoming Holiday Shopping Season
Upcoming Holiday Shopping Season With a probable end in sight to a prolonged recession, American consumers are somewhat upbeat about the upcoming holiday shopping season. However, customers remain...
View Article(KIM) Kimco Realty to Issue Stock to Repay Debt
Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently announced plans to issue 25 million shares to raise cash to repay debt. The company will also grant the underwriters...
View Article(LOW) Cash for Clunkers: Fail
This analysis is by Sheena Martin, Contributing Editor, Investment U Monday, December 7, 2009 On the surface, the headline news from the much-vaunted Cash For Clunkers auto program looks pretty good:...
View Article(AN) U.S. Retail Sales UP from Last Year
Reports of the death of the consumer have been greatly exaggerated, according to the latest Retail Sales report from the government. Overall retail sales rose by 1.3% in November from October, and are...
View Article(HD) Home Depot Supply Supply to Lay Off Employees
Home Depot Supply, a leading diversified wholesale distributor in the U.S. and Canada, has recently decided to lay off 350 employees and consolidate 25 branches in order to reduce its operating...
View Article(CMCSA) Faltering Earnings Momentum at Comcast
Comcast‘s (CMCSA) earnings outlook appears far less robust than in the recent past. The cable giant is scheduled to report fourth-quarter 2009 results on February 3. The current Zacks Consensus...
View Article($WMT) U.S. Retail Sales Advance (Seasonally Adjusted)
In January, retail sales (seasonally adjusted) increased by 0.5% over the December level, and were 4.7% higher than a year ago. That was significantly better than the 0.3% increase that was expected by...
View Article(HD) Retail in the Spotlight – Earnings Preview
Earnings Preview 2/19/10 Earnings Season is winding down, but that does not mean it is over. Next week will bring 570 earnings reports Incorporatedluding 57 members of the S&P 500. The focus will...
View Article(DHI) New Home Sales Report Shows Plunge
We got some very bad news today on the Housing front. New Home Sales fell to a seasonally adjusted annual rate of 309,000 from 348,000 in December. That is a drop of 11.2%. The only real silver lining...
View Article(M) Retail Industry Stock Review – March 2010 – Industry Outlook
Better-than-expected holiday-period sales and improving confidence among U.S. consumers appear to be indicative that the worst part of the recession may be over. This observation is borne out by the...
View Article(NFLX) Netflix Picks Akamai Technologies for Streaming
The DVD and streaming video company Netflix Inc. (NFLX) announced that it has selected Akamai Technologies, Inc. (AKAM) as its primary content delivery network for movies and TV episodes streamed...
View Article(HD) The Home Depot to roll out Spring Black Friday
Similar to the traditional Black Friday that kick-starts the Christmas holiday shopping season, The Home Depot Inc. (HD), the world’s largest home improvement specialty retailer, has decided to...
View Article(LOW) Lowe’s Companies Analyst Remains Neutral
We are maintaining our Neutral recommendation on Lowe’s Companies, Inc. (LOW), one of the largest home improvement retailers, with a target price of $26.00. Lowe’s boasts a proven strategy of investing...
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