The holiday season is upon us and retail stocks are in play. But we’ve already seen that high-end stores – such as Tiffany – are getting pummeled by poor outlooks. The discount store is in vogue and Costco Wholesale Corp. (NASDAQ:COST) fits the bill. COST reports earnings around December 8, with analysts expecting a modest [...]
Although earnings season has largely passed, next week’s calendar is hardly empty. In fact, a number of specialty apparel retailers – including Jos. A. Bank, American Eagle, Express, Coldwater Creek, Charming Shoppes, and lululemon athletica to name a few – are on the docket. One retailer we have on our screen is Aeropostale, Inc. (NYSE:ARO), [...]
Next week’s abridged earnings calendar contains a few big names, one of which is Hewlett-Packard Company (NYSE:HPQ). The embattled PC/printer giant reports on Monday (11/21) after the close. Analysts expect HPQ to earn $1.13 per share, a 15% decline from a year ago. That would mark the first year-over-year decline in profits since May 2009. [...]
According to Investopedia.com, the definition of “pinning the strike” is, “The tendency of a stock’sprice to close near the strike price of heavily traded options (in the same stock) as the expiration date nears.” If you’re looking for a prime example of pinning, look no further than General Electric Company (NYSE:GE). The stock is trading [...]
Significant earnings reports continue to thin as earnings season wanes. This week has a retail bias, but tech is also in evidence. One such techie is NetApp Inc. (NASDAQ:NTAP), the data storage company. NTAP reports Q2 2012 earnings on Wednesday after the bell, with analysts expecting 59 cents per share. That’s a 14% increase from [...]
The earnings calendar may seem full this week … if you look only at the number of companies on the list. But “quality” is lacking, with the exception of Cisco Systems and a few of the major department store names. But one major Dow Jones Industrial component (along with Cisco) on the list this week [...]
The earnings schedule may seem full next week, but a closer look reveals only around 15 or so S&P 500 names on the list. Disney is the biggest name next week, although retail will take most of the attention with such names as Macy’s, Kohl’s, and Nordstrom. But there are some smaller companies worthy of [...]
The Greeks threw the market another curve ball, announcing that the recently approved bailout criteria would be put to a referendum vote to make sure that the terms were agreeable to its citizens that have been in riot mode for months now. OK, I’m a little upset just on the fact that this tantrum has [...]