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May 22, 2013
16:25 EDT	TGT	On The Fly: Closing Wrap Stocks on Wall Street were sharply lower following a day where the Fed dominated the news. The averages were higher early in the session as Fed Chairman Ben Bernanke testified in front of Congress. However, the averages crossed into negative ground as Bernanke's comments on the potential for future QE tapering were digested. The selling accelerated in the late hours of the session following the release of the minutes from the Fed's last FOMC meeting. ECONOMIC EVENTS: In the U.S., Federal Reserve Chairman Ben Bernanke delivered testimony before the Joint Economic Committee of Congress, stating that premature tightening of monetary policy would carry a "substantial risk" of slowing or ending the economic recovery. Bernanke, however, also said the central bank could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve. The FOMC minutes, released at 2:00 pm ET, indicated that some committee members expressed a willingness to adjust assets purchases, though some disagreement existed over what economic data would be needed to begin such a program. The minutes also said some members might want to cut asset purchases by as soon as June. The National Association of Realtors said existing home sales advanced 0.6% to an annual rate of 4.97M units in April, which was the highest level since November 2009 but still below expectations for a rise to a 4.99M-unit rate. COMPANY NEWS: Target (TGT) shares lost $2.86, or 4.01%, to $68.40 after the company's first quarter report, which it called "disappointing." The company also cut its full-year earnings and same-store sales views. MAJOR MOVERS: Among notable gainers was Saks (SKS), up $1.83, or 13.39%, to $15.50 after the New York Post said the company hired Goldman Sachs (GS) to explore strategic alternatives and Bloomberg said KKR (KKR) was considering a stake in the luxury retailer. Also higher following its better-then-expected quarterly results was Zale (ZLC), which advanced $1.20, or 22.22%, to $6.60. Among noteworthy losers were a number of Solar stocks, including Trina Solar (TSL), down $1.07, or 14.9%, to $6.11, and SunPower (SPWR), down $1.81, or 8.62%, to $19.19 after China's Xinhua news agency said early talks between Europe and China to resolve their fight over solar panel trade rules had failed. Also lower was SolarWinds (SWI), down $6.57, or 13.71%, to $41.34 after the company said it will acquire N-able for $120M and its shares were downgraded at research firm Pacific Crest. INDICES: The Dow was down 80.41, or 0.52%, to 15,307.17; the Nasdaq was down 38.82, or 1.11%, to 3,463.30; and the S&P 500 was down 13.81, or 0.83%, to 1,655.35.

16:12 EDT	JCP	J.C. Penney enters into new $2.25B credit facility J. C. Penney Company announced that its wholly owned subsidiary, J. C. Penney Corporation, has entered into a new five-year $2.25B senior secured term loan credit facility. The size of the facility was increased from the $1.75B anticipated in the commitment letter the company announced on April 29.

15:25 EDT	SHLD	Notable companies reporting before tomorrow's open Subscribe for More Information

15:05 EDT	SHLD	Sears Holdings June 57 straddle priced for 12.6% movement into Q1

13:56 EDT	AMZN	Amazon.com to add 500 jobs in Web services unit, Washington Post says Subscribe for More Information

12:20 EDT	TGT	On The Fly: Midday Wrap Subscribe for More Information

11:56 EDT	BBY	Options with decreasing implied volatility: WCRX NTI PXP AMRN BBY

11:13 EDT	TGT	Target continues to see EPS of $8 or more by 2017 Subscribe for More Information

11:10 EDT	TGT	Target lowers FY13 SSS view to 2%-2.5% from prior view 2.7% Subscribe for More Information

11:08 EDT	TGT	Target sees Q2 SSS 2%-3%

09:53 EDT	TGT	Target slides following earnings, levels to watch Subscribe for More Information

09:07 EDT	AMZN	Amazon introduces 'Kindle Worlds' commercial publishing platform for fan fiction Amazon Publishing announced Kindle Worlds, the first commercial publishing platform that will enable any writer to create fan fiction based on a range of original stories and characters and earn royalties for doing so. Amazon Publishing has secured licenses from Warner Bros. Television Group’s Alloy Entertainment division for its series Gossip Girl, Pretty Little Liars, and Vampire Diaries and plans to announce more licenses soon, the company said. Through these licenses, Kindle Worlds will allow any writer to publish authorized stories inspired by these Worlds and make them available for readers to purchase in the Kindle Store. Amazon Publishing will pay royalties to both the rights holders of the Worlds and the author.

08:59 EDT	TGT	On The Fly: Pre-market Movers Subscribe for More Information

07:46 EDT	BBY	Best Buy results to start improving in 2H13, says RBC Capital Subscribe for More Information

07:38 EDT	TGT	Target says 'disappointed' in Q1 performance Subscribe for More Information

07:35 EDT	TGT	Target lowers FY13 adjusted EPS view to $4.70-$4.90 from $4.85-$5.05 Subscribe for More Information

07:33 EDT	TGT	Target sees Q2 adjusted EPS $1.09-$1.19, consensus $1.06 Subscribe for More Information

07:32 EDT	TGT	Target reports Q1 adjusted EPS with items 77c, consensus 87c Subscribe for More Information

05:58 EDT	IBM	Stocks with implied volatility below IV index mean; IBM ARUN Stocks with implied volatility below IV index mean; IBM (IBM), Aruba Networks (ARUN) according to IVolatility.

May 21, 2013
15:47 EDT	TGT	Target May 72 weekly straddle priced for 2.9% move into Q1 Subscribe for More Information

15:18 EDT	TGT	Notable companies reporting before tomorrow's open Notable companies reporting before tomorrow's market open, with earnings consensus, include Lowe's (LOW), consensus 51c; Target (TGT), consensus 87c; Staples (SPLS), consensus 27c; Toll Brothers (TOL), consensus 7c; Eaton Vance (EV), consensus 52c; American Eagle Outfitters (AEO), consensus 17c; Booz Allen (BAH), consensus 37c;

14:50 EDT	WMT	Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link

14:09 EDT	WMT	Waste Management volatility low as shares rally to record high Waste Management overall option implied volatility of 15 is below its 26-week average of 17 according to Track Data, suggesting decreasing price risk.

12:36 EDT	BBY	On The Fly: Midday Wrap Subscribe for More Information

12:32 EDT	BBY	Options with decreasing implied volatility: PXP ARNA BBY OPK CSC

10:20 EDT	BBY	Best Buy down over 3% in volatile trading, levels to watch Subscribe for More Information

09:25 EDT	BBY	On The Fly: Pre-market Movers Subscribe for More Information

09:07 EDT	AMZN	Amazon.ca introduces Amazon Cloud Drive for Canada All customers get 5 GB of free storage. Additional storage plans start at C$10 a year, the company said.

08:56 EDT	JCP	J.C. Penney announces successful tender, consent solicitation for debentures Subscribe for More Information

08:26 EDT	SHLD	Sears Holdings June call volatility elevated into Q1 and outlook Subscribe for More Information

07:55 EDT	TGT	Target Q1 earnings could be confusing, says Susquehanna Susquehanna believes Target's Q1 earnings could prove confusing on an initial basis but views any issues as transitory. The firm expects the company's Canadian earnings progression to be a powerful catalyst. Shares are Positive rated with a $73 price target.

07:32 EDT	TGT, ADBE, WMT	CTIA–The Wireless Association to host a conference Subscribe for More Information

07:09 EDT	BBY	Best Buy expects investment in price competitiveness to continue into Q2 Subscribe for More Information

07:07 EDT	BBY	Best Buy reports Q1 SSS fell 1.3% Subscribe for More Information

07:03 EDT	BBY	Best Buy reports Q1 adjusted EPS 32c, consensus 25c Reports Q1 revenue $9.38B, may not compare to consensus $10.64B. Reports Q1 SSS down 1.3%.

06:47 EDT	TGT	Target November volatility elevated at 42 into Q1 and outlook Subscribe for More Information

06:14 EDT	IBM	Stocks with implied volatility below IV index mean; IBM ARUN Stocks with implied volatility below IV index mean; IBM (IBM), Aruba Networks (ARUN) according to IVolatility.

05:33 EDT	AMZN	Amazon Web Services achieves FedRAMP compliance for AWS GovCloud Amazon Web Services, or AWS, an Amazon.com company, announced AWS GovCloud and all U.S. AWS Regions have received an Agency Authority to Operate, or ATO, from the U.S. Department of Health and Human Services, or HHS, under the Federal Risk and Authorization Management Program, or FedRAMP, requirements at the Moderate impact level. FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. With this distinction, AWS has demonstrated it can meet the extensive FedRAMP security requirements and as a result, an even wider range of government customers can leverage AWS's secure environment to store, process, and protect a diverse array of sensitive government data. Leveraging the HHS authorization, all U.S. government agencies now have the information they need to evaluate AWS for their applications and workloads, provide their own authorizations to use AWS, and transition workloads into the AWS environment.

May 20, 2013
15:22 EDT	BBY	Notable companies reporting before tomorrow's open Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.

15:05 EDT	BBY	Best Buy May 27 weekly straddle priced for 9.1% move into Q1 Subscribe for More Information

12:24 EDT	BBY	Stocks with call strike movement; FSLR BBY Subscribe for More Information

11:08 EDT	BBY	Best Buy May weekly volatility elevated at 117 into Q1 Subscribe for More Information

10:23 EDT	JCP	J.C. Penney advances after analyst hikes price target to $27 Subscribe for More Information

10:11 EDT	JCP	On The Fly: Analyst Upgrade Summary Subscribe for More Information

08:16 EDT	JCP	Follow-up: J.C. Penney upgraded to Buy from Hold at Maxim Maxim upgraded J.C. Penney on expectations the company's strategy changes under new CEO Mike Ullman will drive traffic. The firm said its recent channel checks indicate that store traffic has increased and it raised its price target for shares to $27 from $16.50.

08:03 EDT	JCP	J.C. Penney upgraded to Buy from Hold at Maxim

07:42 EDT	IBM	Cohasset Associates to host a conference National Conference on Managing Electronic Records is being held in Chicago on May 20-22.

07:31 EDT	WMT	Retailers can open warehouses in India areas against FDI, Economic Times says Subscribe for More Information

07:30 EDT	JCP	J.C. Penney price target lowered to $7 from $12 at BMO Capital Subscribe for More Information

06:07 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.

May 17, 2013
12:00 EDT	BBY	Stocks with call strike movement; FSLR BBY Subscribe for More Information

10:55 EDT	JCP	J.C. Penney drops after results miss expectations Subscribe for More Information

09:48 EDT	JCP	J.C. Penney falls after earnings miss, levels to watch Subscribe for More Information

08:35 EDT	JCP	J.C. Penney reiterated as a Sell at Northcoast Subscribe for More Information

07:48 EDT	WMT	Wal-Mart valuation profile seems sustainable, says RW Baird Subscribe for More Information

07:47 EDT	JCP	J.C. Penney situation should only improve from here, says RW Baird Baird believes there are several reasons why J.C. Penney's situation should only improve from here including better recent trends, prudent pricing and promotion, easy comps, and the re-introduction of in-demand product for fall. Baird maintains its Neutral rating and $19 price target pending further details on the company's new strategy.

07:11 EDT	JCP	J.C. Penney CEO says needs time to fix problems, Reuters reports J.C. Penney CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, reports Reuters.Reference Link

07:10 EDT	AMZN	U.K. to question Amazon over income tax, Reuters reports Subscribe for More Information

06:43 EDT	AMZN	Apple disputing government's e-book allegations, NY Times says Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link

06:28 EDT	JCP	J.C. Penney CEO likely to make substantial progress, says Deutsche Bank Subscribe for More Information

06:27 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Subscribe for More Information

06:12 EDT	AMZN	Apple losing its edge as innovator, poll shows, Bloomberg reports Subscribe for More Information

06:06 EDT	JCP, AMZN	On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.

05:50 EDT	JCP	J.C. Penney price target raised to $20 from $15 at Citigroup Citigroup raised its price target for J.C. Penney to $20 following the company's Q1 results while keeping a Neutral rating on the stock. Citi says it is encouraged by new CEO Mike Ullman's strategic plan, which it expects will improve same-store-sales.

May 16, 2013
18:56 EDT	JCP	On The Fly: After Hours Movers UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations.

18:03 EDT	JCP	J.C. Penney says Q1 traffic down 6% vs. year ago Subscribe for More Information

16:42 EDT	JCP	J.C. Penney down 30c, or 1.60%, to $18.49 after earnings miss estimates

16:37 EDT	JCP	J.C. Penney reports Q1 gross margin 30.8% of sales vs. 37.6% a year ago Subscribe for More Information

16:31 EDT	JCP	J.C. Penney reports Q1 adjusted EPS ($1.31), consensus (86c) Subscribe for More Information

16:29 EDT	WMT	On The Fly: Closing Wrap Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47.

15:14 EDT	JCP	Notable companies reporting after market close Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c.

14:01 EDT	WMT	Options Update; May 16, 2013 Subscribe for More Information

13:52 EDT	JCP	J.C. Penny May 19 straddle priced for 8% move into Q1

13:16 EDT	WMT	Wal-Mart warns on email phishing scam Subscribe for More Information

12:24 EDT	WMT	On The Fly: Midday Wrap The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80.

11:40 EDT	JCP	Stocks with call strike movement; FSLR JCP Subscribe for More Information

11:37 EDT	BBY	Stocks with call strike movement; AMD BBY AMD (AMD) October 4.5 call volatility increased 4% to 58, Best Buy (BBY) June 30 call option implied volatility increased 3% to 63 according to IVolatility.

10:21 EDT	BBY	Best Buy volatility elevated shares near one-year high into Q1 Best Buy May weekly call option implied volatility is at 71, June is at 61, July is at 55, September is at 51 of 50 is above its 26-week average of 59 according to Track Data, suggesting large near term price movement into the expected release of Q1 earnings on May 20.

10:03 EDT	AMZN	On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.

10:02 EDT	WMT, TGT	Target losing traffic, says Buckingham Buckingham said Target (TGT) is significantly under performing Wal-Mart (WMT) and that its less promotional marketing and consumer offerings are losing traffic. Shares are Neutral rated with a $65 price target.

09:42 EDT	BBY	Best Buy estimates lowered at ITG Research Subscribe for More Information

09:27 EDT	WMT	Wal-Mart slips after results and guidance, levels to watch Subscribe for More Information

09:24 EDT	AMZN	Amazon.com expands content licensing agreement with NBCUniversal Subscribe for More Information

09:20 EDT	NILE	Blue Nile management to meet with Deutsche Bank Subscribe for More Information

09:19 EDT	WMT	On The Fly: Pre-market Movers Subscribe for More Information

08:00 EDT	JCP	J.C. Penney shares more expensive than they look, says Wells Fargo Although J.C. Penney's market cap is $4.2B, its enterprise value, including its net debt, is $7.4B, according to Wells Fargo. That is very similar to 2010 levels, when the retailer's EPS was $1.38, according to the firm. Wells notes that the stock would be trading at 15.1 times earnings even if the company generates $1.26 in EPS sometime in the future, and it keeps an Underperform rating on the shares.

07:54 EDT	WMT	Wal-Mart sees opening 60-65 new Walmart U.S. units in Q2 Says added 38 new Walmart units and converted 8 units to supercenters in U.S. in Q1. Planning to open between 60-65 new Walmart units, including new stores, expansions and relocations, in U.S. in Q2. Plans to open 15-20 new and relocated Sam's Clubs during the year, the majority of which are scheduled for Q3 and Q4. Says total company added over 5M square feet of retail space in Q1. Comments from Q1 earnings conference call.

07:42 EDT	WMT	Wal-Mart CEO says had 'more difficult quarter than expected' Wal-Mart CEO Mike Duke said on the company's Q1 earnings conference call, "Frankly, we had a more difficult quarter than expected when we announced our guidance in February. It’s important to note that Walmart U.S. continued to gain market share across several key categories. Sales were pressured primarily by delayed tax refunds, which caused customers to put off discretionary purchases. And though no one likes to talk about weather, it was a real factor across the United States...I share [Bill Simon's] optimism about the remainder of the year and believe the underlying strength of the Walmart U.S. business will deliver positive comps next quarter."

07:29 EDT	WMT	Futures higher ahead of economic data Subscribe for More Information

07:12 EDT	WMT	Wal-Mart says Q2 off to 'good start, with positive comps' Subscribe for More Information

07:11 EDT	WMT	Wal-Mart says Q1 U.S. comp traffic down 1.8%, average ticket up 0.4% The company reported Q1 U.S. comparable store sales ex-fuel down 1.4% for Walmart U.S., up 0.2% for Sam's Club. The company said, "During the 13-week period, the Walmart U.S. comp was negatively impacted by a delay in tax refund checks, challenging weather conditions, less grocery inflation than expected and the payroll tax increase. Comp traffic was down 1.8%, while average ticket increased 0.4%. Despite comps being lower than expected, we continued to generate market share gains. According to The Nielsen Company, we gained 20 basis points of market share in the measured category of 'food, consumables and health & wellness/OTC' during the 13-weeks ended Apr. 27, 2013."

07:07 EDT	WMT	Wal-Mart reports Q1 EPS 1.14, consensus $1.15 Subscribe for More Information

07:04 EDT	WMT	Wal-Mart sees Q2 EPS $1.22-$1.27, consensus $1.29 Walmart U.S. and Sam's Club, excluding fuel, expect to increase comps for the Q2 13-week period to between flat and 2 percent and 1 and 3 percent, respectively. Q2 revenue consensus $119.73B.

06:46 EDT	AMZN	Amazon.com initiated with a Buy at Lazard Capital Subscribe for More Information

05:55 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Subscribe for More Information

May 15, 2013
17:46 EDT	AMZN	SAC Capital gives quarterly update on stakes NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .

16:55 EDT	IBM, WMT	Berkshire Hathaway gives quarterly update on stakes Subscribe for More Information

15:11 EDT	WMT	Notable companies reporting before tomorrow's open Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.15; Kohl's (KSS), consensus 58c; Flowers Foods (FLO), consensus 42c; Brady Corp. (BRC), consensus 60c; Prestige Brands (PBH), consensus 35c.

14:48 EDT	WMT	Wal-Mart May 80 straddle priced for 2.6% move into Q1

11:45 EDT	JCP, BBY	Stocks with call strike movement; JCP BBY Subscribe for More Information

09:44 EDT	BBY	Best Buy Q1results likley below consensus, says Wedbush Wedbush expects Best Buy to report Q1 pro-forma results below consensus due to the reclassification of Best Buy Europe as discontinued operations. The firm expects Best Buy's cash flow to decline and continued margin erosion to result in lower earnings. The firm rates shares an Underperform with a $9 price target.

08:48 EDT	JCP	J.C. Penney recommended at Buckingham Subscribe for More Information

08:19 EDT	AMZN	Amazon paid $3.7M tax in U.K.on $6.B in sales, Reuters reports Subscribe for More Information

08:05 EDT	IBM	IBM announces three-year agreement iwth L'Oreal USA Subscribe for More Information

08:00 EDT	WMT	Wal-Mart price target raised to $88 from $78 at RW Baird Subscribe for More Information

07:09 EDT	WMT	Wal-Mart May volatility elevated into Q1 and revenue outlook Wal-Mart May call option implied volatility is at 39, June is at 15, July and September is at 14; compared to its 26-week average of 17 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 16.

06:16 EDT	IBM	Stocks with implied volatility below IV index mean; RAX MBI Subscribe for More Information

05:59 EDT	NILE	Corporate boards recruit newcomers with digital knowledge, WSJ reports Subscribe for More Information

05:56 EDT	JCP	J.C. Penney board supporting new CEO, not Ackman, NY Post reports Bill Ackman has lost influence over J.C. Penney's (JCP) board after failing to quickly replace the company's new CEO Mike Ullman, New York Post reports, citing sources. Ackman approached a number of candidates about the position, including Foot Locker (FL) CEO Ken Hicks, but the board was not interested, the paper adds. Reference Link

May 14, 2013
18:45 EDT	WMT	Wal-Mart says won't sign Bangladesh factory proposal, Bloomberg reports Wal-Mart says its plan will produce quicker results, according to Bloomberg.

16:24 EDT	JCP	J.C. Penney real estate appraised at $4.06B, Reuters says Subscribe for More Information

16:02 EDT	WMT	Wal-Mart to raise inspection standards, transparency on Bangladesh factories Subscribe for More Information

16:01 EDT	WMT	Wal-Mart to raise inspection standards on Bangladesh factories Subscribe for More Information

15:29 EDT	JCP	J.C. Penney stores, real estate appraised at $4.06B, Reuters reports

15:13 EDT	JCP	J.C. Penny May 19 straddle priced for 8.5% move into Q1 Subscribe for More Information

14:12 EDT	JCP	J.C. Penney upgraded to Neutral from Underperform at BofA/Merrill Subscribe for More Information

14:01 EDT	SHLD	Sears Holdings June volatility elevated Subscribe for More Information

11:51 EDT	BBY, JCP	Stocks with call strike movement; JCP BBY J.C. Penney (JCP) June 21 call volatility increased 2% to 60, Best Buy (BBY) June 31 call option implied volatility decreased 2% to 59 according to IVolatility.

11:30 EDT	WMT	Analysts differ on Wal-Mart sales trends in March, April Subscribe for More Information

10:01 EDT	NILE	On The Fly: Analyst Initiation Summary Subscribe for More Information

09:27 EDT	ADBE	Adobe weakness would be buying opportunity, says Cowen Subscribe for More Information

09:12 EDT	JCP	J.C. Penney increases tender offer consideration to $1,400 Subscribe for More Information

08:06 EDT	TGT, WMT	BofA/Merrill's retail analysts hold an analyst/industry conference call Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am.

07:57 EDT	NILE	Blue Nile initiated with an Equal Weight at Stephens Subscribe for More Information

07:54 EDT	AMZN	Amazon's employees in Germany to strike for pay, benefits, Reuters reports Subscribe for More Information

07:05 EDT	AMZN	Netflix continues to lead web usage in North America, AllThingsD reports Subscribe for More Information

06:32 EDT	WMT	Wal-Mart sales improved in March and April, says Jefferies Jefferies said its research suggests that after a challenging start to the quarter, Wal-Mart's sales improved in March and April. The firm believes Wal-Mart shares will hold current levels or move higher should management confirm its research when reporting Q1 results. Jefferies keeps a Buy rating on Wal-Mart with a $90 price target.

06:09 EDT	WMT	Wal-Mart removed from Top Picks Live list at Citigroup Subscribe for More Information

06:00 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.

May 13, 2013
15:22 EDT	AMZN	Amazon confirms purchase of Samsung screen technology, The Digital Reader says Subscribe for More Information

11:57 EDT	BBY	Stocks with call strike movement; FLSR BBY Subscribe for More Information

11:30 EDT	JCP	J.C. Penney May volatility elevated at 96 into Q1 Subscribe for More Information

09:50 EDT	JCP	J.C. Penney pops higher in early trading, levels to watch Subscribe for More Information

09:11 EDT	JCP	J.C. Penney feedback indicates a sales pickup, sa Cleveland Research Subscribe for More Information

07:31 EDT	IBM	Brightcover to host a conference 3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.

07:30 EDT	IBM	TechConnect to host a summit 2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.

07:09 EDT	IBM	Cisco finds difficulties as it diversifies, WSJ reports Subscribe for More Information

06:11 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Subscribe for More Information

06:05 EDT	IBM	On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.

May 10, 2013
14:52 EDT	AMZN	Market poised to end week higher as tech helps lead advance Subscribe for More Information

13:26 EDT	JCP	S&P assigns J.C. Penney term loan 'B' issue-level rating Subscribe for More Information

11:31 EDT	BBY	Stocks with call strike movement; FLSR BBY First Solar (FSLR) June 60 call volatility decreased 2% to 58, Best Buy (BBY) June 28 up 2% to 60 call option implied volatility decreased 2% to 52 according to IVolatility.

10:00 EDT	JCP	On The Fly: Analyst Downgrade Summary Subscribe for More Information

07:25 EDT	JCP	J.C. Penney downgraded to Sell from Neutral at Northcoast Subscribe for More Information

07:24 EDT	AMZN	Alibaba to expand beyond China, Economic Times reports Alibaba is looking to expand beyond its home market in China by targeting overseas Chinese through its flagship e-commerce website Taobao, reports the Economic Times. Taobao is China's most popular e-shopping platform, with over 90% of the online market for consumer-to-consumer transactions in the country. It had more than 800M product listings and over 500M registered users as of last year. Reference Link

07:14 EDT	SHLD	Sears Holdings volatility at low end of two-year range Subscribe for More Information

07:08 EDT	AMZN	ESPN considers subsidizing wireless data plans, WSJ reports Subscribe for More Information

06:30 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.

May 9, 2013
18:08 EDT	SHLD	Sears to launch lease-to-own program, AP reports Subscribe for More Information

15:20 EDT	SHLD	Rent-A-Center down over 1% after report of Sears starting lease-to-own program Subscribe for More Information

15:18 EDT	SHLD	Sears starting lease-to-own program beginning this month, DJ reports

13:41 EDT	AMZN	Amazon hardware developments include phone with 3D screen, WSJ reports Subscribe for More Information

13:21 EDT	AMZN	Amazon has been developing smartphone with 3D screen, DJ reports Dow Jones, citing sources, says Amazon has been developing a smartphone with a 3D screen, and has been developing an audio-only streaming device.

11:01 EDT	SHLD	Sears Holdings names Jeff Balagna Chief Information Officer Subscribe for More Information

07:34 EDT	IBM	Simon Graduate School of Business to hold a conference 2013 Simon NYC Conference is being held in New York on May 9.

06:04 EDT	IBM	Stocks with implied volatility below IV index mean; IBM FSLR Subscribe for More Information

05:46 EDT	WMT	Wal-Mart investing $16.3M for food safety in China, WSJ reports Subscribe for More Information

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