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Benzinga's Bulls And Bears Of The Week: Apple, Disney, Starbucks, Tiffany And More
Saturday, January 4, 2020 - 6:02pm | 825Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the iPhone maker and a video game leader. Bearish calls included electric vehicle and coffee shop giants. The holiday-shortened week that saw the end of the old year and the beginning...
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Michaels Craft Stores Now Function As UPS Drop Off And Pick Up Locations
Monday, October 7, 2019 - 3:17pm | 482For crafters who frequent Michaels Companies Inc (NASDAQ: MIK), North America's largest craft retailer, UPS Inc (NYSE: UPS) has made 1,100 Michaels stores nationwide into UPS Access Points. This means that customers can ship or drop off packages while they shop for yarn or Halloween decor. "...
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Mild Expectations For Best Buy And GameStop Earnings
Sunday, August 21, 2016 - 8:33pm | 733Upcoming earnings highlights include the latest results from two specialty retailers. Wall Street analysts are looking for earnings and revenue declines from both of them. Both have tended to beat earnings expectations in recent quarters. Many retailers have had their moment in the earnings...
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Jim Cramer Says Michaels Stores Are 'In The Wrong Place On Earth'
Tuesday, June 7, 2016 - 12:21pm | 275Shares of Michaels Companies Inc (NASDAQ: MIK) tumbled more than 8 percent on Tuesday after the company reported its first quarter results. Michaels said it earned $0.36 per share in the first quarter on revenue of $1.16 billion. Wall Street analysts were expecting the company to earn $0.35 per...
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Specialty Retailers In The Earnings Spotlight: Lululemon, Michaels, Restoration Hardware
Sunday, June 5, 2016 - 1:15pm | 763Three specialty retailers are expected to share their latest quarterly results this week. Consensus forecasts from Wall Street analysts call for top-line growth from all three of them. However, only one is expected to offer growth in earnings, relative to the year-ago period. In the...
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Deutsche Bank: Five Below's 'Unique Growth Story' Intact, Confident Heading Into Q3 Print
Tuesday, December 2, 2014 - 12:14pm | 216Paul Trussell of Deutsche Bank commented in a note on Monday that Five Below Inc (NASDAQ: FIVE) remains a "unique" retail concept with strong traffic and plenty of room for future growth. The analyst reiterated a Buy rating and $49 price target ahead of Thursday's third quarter results. "Five Below...
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The Year-Long Chain Of Retailer Data Breaches
Friday, October 17, 2014 - 3:15pm | 1063The Wall Street Journal reported on December 18, 2013 that Target Corporation (NYSE: TGT) had been the victim of an "extensive theft" of customers' credit and debit card data. Understandably, consumers panicked and investors worried. The timing couldn't have been worse, as...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
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Markets Little Changed In Low Volume And Slow News Ahead Of Long Weekend
Wednesday, August 27, 2014 - 5:17pm | 2425U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...