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Deutsche Goes Shopping For Discount Retailer Stocks
Monday, August 1, 2016 - 3:21pm | 458Paul Trussell of Deutsche Bank took a deep dive into the "low-end" retail sector, which he argues to be "one of the healthiest groups in retail." However, the analyst pointed out that in some cases, retail names are trading near all-time highs, which creates concerns among investors moving forward...
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Will Nordstrom Follow Macy's Lead And Report A Poor Second Quarter Result?
Thursday, August 14, 2014 - 2:51pm | 903Shares of Nordstrom (NYSE: JWN) surged more than 10 percent after the company reported an impressive first quarter result on May 15. The upscale retailer saw its comparable-store sales rise 3.3 percent in the quarter as online sales and Rack outlet made strong contributions, while the top...
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3 Analysts Weigh In On Target's Pre-Announcement
Wednesday, August 6, 2014 - 3:26pm | 741As one of the first acts as chief executive officer of Target (NYSE: TGT), Brian Cornell pre-announced on Tuesday the company's second quarter results. Target stated that its expenses in the second quarter related to the December 2013 data breach will gross $148 million which will...
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Family Dollar Stores Earnings Preview: Competitive Threats From Wal-Mart, Macroeconomic Issues In Focus
Wednesday, April 9, 2014 - 4:18pm | 585Family Dollar Stores (NYSE: FDO) will report its second quarter financial results on Thursday, April 10, before the market open. The company is expected to earn $0.90 per share on $2.77 billion of revenue. The last time Family Dollar reported its earnings was on January 9. The company earned $0...
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UPDATE: Deutsche Bank Maintains Buy on Macy's on Solid 1Q Print
Wednesday, May 15, 2013 - 1:34pm | 121On Wednesday, Deutsche Bank published a research report in which analyst Paul Trussel maintained the position on Macy's (NYSE: M), with a rating of Buy and price target of $53.00. In the report, Deutsche Bank noted, "Macy's 1Q print was strong, in our view, checking all the boxes including: (1) a...