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Pier 1's E-Commerce Channel Is Cannabalizing Stores
Thursday, September 28, 2017 - 3:27pm | 463The assault on brick-and-mortar retail continues. Pier 1 Imports Inc (NYSE: PIR) shares are plummeting, down over 9 percent despite delivering a slight second-quarter earnings and sales beat. The home retail store saw comps up 1.8 percent in the second quarter but forecasts sales to decline 1...
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Wall Street Analysts Ride The Micron Earnings Train
Wednesday, September 27, 2017 - 12:17pm | 466Micron Technology, Inc. (NASDAQ: MU) shares jumped 8 percent Wednesday after the company topped market expectations for fiscal fourth-quarter revenue and EPS and issued forward guidance above Wall Street’s expectations. A number of Wall Street analysts weighed in on Micron following the...
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Anxious For Netflix's Q3 Results? Here's A Primer
Sunday, September 10, 2017 - 8:41pm | 392Original series have played a tremendous role in Netflix, Inc. (NASDAQ: NFLX)'s ascension to dominance as a premium entertainment destination. Now even bolder bets on original niche content are pushing subscriber growth even further. “Series like Marvel’s The Defenders, 13 Reasons Why...
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Whole Foods Is Ramping Up Its Price Cuts; Should Walmart Be Worried?
Thursday, September 7, 2017 - 1:38pm | 448After Amazon.com, Inc. (NASDAQ: AMZN) purchased Whole Foods, the (once) expensive grocery chain immediately became a threat to Wal-Mart Stores Inc (NYSE: WMT)'s grocery business. While Whole Foods previously was never in the same conversation as the world’s largest retailer due to the...
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RH's Blowout Quarter Makes Believers Out Of Some, But Not All
Thursday, September 7, 2017 - 9:32am | 383Chalk up a victory for the RH (NYSE: RH) bulls. One of the most heavily shorted stocks in the market, RH, reported better-than-expected second-quarter results Wednesday afternoon, sending shares soaring more than 30 percent in Thursday’s premarket session. The blowout quarter even got Wall...
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Analyst: Coupa Didn't Have A Breakout Quarter To Justify Higher Valuation
Wednesday, September 6, 2017 - 2:41pm | 592Solid second-quarter results from Coupa Software Inc (NASDAQ: COUP) failed to send the sell side into a frenzy. While Loop Capital Markets didn't see it as a breakout quarter, which might justify a higher valuation, JMP Securities said its valuation for the company is roughly in line with the...
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Hewlett Packard Enterprise's Q2 Strength Brings A Few Things Into Focus
Wednesday, September 6, 2017 - 2:33pm | 387You really can't please 'em all. Even after posting major beats in both revenue and earnings per share Tuesday, Hewlett Packard Enterprise Co (NYSE: HPE) failed to impress. Bank of America downgraded the stock to Underperform. Loop Capital Markets lowered its price target from $17 to $14.50...
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CSX: Back On Track?
Tuesday, September 5, 2017 - 9:40am | 518Need that Labor Day breather? So did CSX Corporation (NASDAQ: CSX). The railroad operator closed out August with a heavy backlog of shipments, disrupting supply chains from coal to food production and forcing time-constrained clients to seek alternative transport services, according to the Wall...
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How Hurricane Harvey Has Impacted Gas Prices
Thursday, August 31, 2017 - 11:48am | 515Hurricane Harvey has triggered a unique phenomenon in the U.S. oil and gas industry. Since the devastating flooding in South Texas and Louisiana has disrupted far more crude oil refining capacity in the region than production capacity, the net result of the storm has been less crude oil being...
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Beginning To Understand The Whole Foods' Pricing Dynamic
Wednesday, August 30, 2017 - 8:56am | 458In an attempt to better understand Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, analysts at Loop Capital Markets felt it necessary to conduct "before and after Amazon Monday" first-hand checks to better understand Amazon's price cuts. The prices of a basket...
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Remember Fidget Spinners? Five Below's Q2 Success Just Might Depend On Them
Monday, August 28, 2017 - 9:46am | 398Five Below Inc (NASDAQ: FIVE) shares are up 26 percent in 2017, driven largely by the popularity of fidget spinners. But with fidget spinner craze seemingly on the decline, Five Below investors will be watching closely on Wednesday to see how big of an impact the gadgets will have on Five Below...
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Prescribing A Pharmacy Trade: Walgreens Vs. CVS Vs. Fred's
Friday, August 25, 2017 - 1:33pm | 544Loop Capital analyst Andrew Wolf recently took an in-depth look at drug store stocks Walgreens Boots Alliance Inc (NASDAQ: WBA), CVS Health Corp (NYSE: CVS) and Fred’s, Inc. (NASDAQ: FRED) and found there is just one stock worth buying in the group. Fred's Loop initiated coverage of...
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Ulta Beauty Bright Spots Don't Hide Its Blemishes
Friday, August 25, 2017 - 11:39am | 398Ulta Beauty Inc (NASDAQ: ULTA) reported a second-quarter earnings beat Thursday, but the market was skeptical, sending the stock down more than 10 percent in early Friday trading. According to BMO Capital Management analyst Shannon Coyne, investors have six reasons to be concerned about Ulta: The...
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HP Stands For Highly Praised; Analysts Gush Over Q3 Print
Thursday, August 24, 2017 - 12:27pm | 334HP Inc (NYSE: HPQ) is getting a lot of love from investors on Thursday, with the stock jumping more than 35 percent following the company’s Q3 earnings report. Wall Street also seems to be aboard the HP train, with both Deutsche Bank and Loop Capital releasing bullish new reports this week....
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The Netflix Effect Is Only Half The Story For Disney
Wednesday, August 16, 2017 - 1:40pm | 406Walt Disney Co (NYSE: DIS) shares have been drifting lower by more than 7.7 percent since the beginning of the month, and some investors have attributed much of the weakness to the company’s recent announcement that it is pulling its content from the Netflix, Inc. (NASDAQ: NFLX) platform and...