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Earnings Expectations for the Week of January 9
Sunday, January 8, 2012 - 10:41am | 1014The new earnings season kicks off this week when aluminum producer Alcoa (NYSE: AA) reports fourth-quarter results on Monday. JPMorgan Chase (NYSE: JPM) also is scheduled to post fourth-quarter results this week, and so is homebuilder Lennar (NYSE: LEN). Supermarket chain operator Supervalu (NYSE:...
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These Retailers Could Get Crushed by the Congress
Friday, December 16, 2011 - 10:36am | 922The payroll tax cut debate is heating up in the U.S. Congress right before the holidays, as the politicians are trying to find a mutual ground. President Obama and the democrats have been defending the pay roll tax cuts, whereas the republican politicians have been reluctant to extend them. The...
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Dollar Tree Earnings Preview: Higher EPS and Sales Expected
Wednesday, November 16, 2011 - 8:08am | 647Dollar Tree (NASDAQ: DLTR) is scheduled to report fiscal third-quarter 2011 results Thursday, November 17, before the opening bell. The company has seen double-digit year-over-year percentage revenue growth for the past four quarters, as well as its net income rise in three consecutive quarters....
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Dollar General and Dollar Tree to Open Near 52-Week Highs
Wednesday, October 12, 2011 - 6:42am | 520Yesterday, the day that the 99 Cents Only Stores (NYSE: NDN) agree to be taken private, competitor discount variety stores Dollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR) reached new 52-week highs of $39.40 and $80.99 per share, respectively. Dollar General boosted its sales forecast and...
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Dollar General and Dollar Tree to Open Near 52-Week Highs
Monday, September 19, 2011 - 7:08am | 304At the end of last week, discount retailers Dollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR) reached new multiyear highs of $38.59 and $76.32 per share, respectively. Dollar General launched an e-commerce site recently and opened some 260 new stores in the first half of 2011. Also,...
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Trading Ideas Following The Long, Arduous Buyout Of BJ's
Wednesday, June 29, 2011 - 1:03pm | 505Following months upon months of rumors and conflicting reports, it seems as if BJ's Wholesale Club (NYSE: BJ) has finally reached a buyout deal with Leonard Green & Partners and CVC for $51.25 per share in cash. The total value will be approximately $2.8 billion. According to Seeking Alpha, BJ...
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Deutsche Bank Maintains Buy Rating on 99 Cents Only Stores
Friday, December 17, 2010 - 10:21am | 107Deutsche Bank is out with its report on 99 Cents Only Stores (NYS: NDN) maintaining its Buy rating. In a note to clients, Deutsche Bank writes, "We recently checked in with about 100 99 Cents Only Stores, attempting to gauge acceptance of the new store level ordering systems. Recall that...
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Deutsche Bank's LBO Update (BBY, BGFV, NDN, FDO)
Wednesday, November 24, 2010 - 10:56am | 43Deutsche Bank published its LBO Update yesterday and listed the following companies as its top picks: Best Buy (BBY.N),USD44.17 Buy Big 5 Sporting Goods (BGFV.OQ),USD12.63 Buy 99 Cents Only Stores (NDN.N),USD15.73 Buy Family Dollar Stores (FDO.N),USD49.39 Buy
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99 Cents Reports To The Upside For 2Q
Thursday, November 4, 2010 - 7:44am | 124Deutsche Bank has published a research report on the 99 Cents Only Stores (NYSE: NDN) after the company reported an upside to its 2Q results. In the report, Deutsche Bank writes "NDN reported pro forma EPS of $0.18 as compared to consensus of $0.17. Sales and comps had already been reported below...