News Breaks |
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| March 5, 2013 |
| 12:39 EDT |  | COST, LOW, TGT, HD | Some retailers sitting out rally after weak sales data
A number of retail stocks are underperforming the market after the ICSC-Goldman index of store sales rose 0.2% during the week of March 2, compared with the previous week. The index, which was released earlier today, rose 1.8% last week versus the same period a year earlier. That was the index's lowest year-over-year gain since early November, according to Bloomberg. Meanwhile, Redbook, another index of retail sales also released earlier today, increased 2.2% year-over-year last week, down from a 2.7% gain during the prior week. In early afternoon trading, Lowe's (LOW), Home Depot (HD), Target (TGT), and Costco (COST) were all little changed, despite the market's 1% advance. |
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News For LOW;HD;TGT;COST From The Last 14 Days Check below for free stories on LOW;HD;TGT;COST the last two weeks. |
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| June 18, 2013 |
| 07:35 EDT |  | HD | Cree LED bulbs still most popular at Home Depot, says Susquehanna
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| June 17, 2013 |
| 05:38 EDT | | LOW | Lowe's enters $205M purchase agreement with Orchard Supply Hardware
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| 05:35 EDT | | LOW | Orchard Supply Hardware reaches $205M acquisition agreement with Lowe's
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| June 14, 2013 |
| 07:35 EDT |  | TGT | Sears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link |
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| 07:21 EDT |  | TGT | Clinton Global Initiative to host to host a meeting
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| June 13, 2013 |
| 09:30 EDT | | TGT | Clinton Global Initiative to host to host a meeting
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| June 12, 2013 |
| 17:12 EDT | | TGT | Target shareholders do not approve proposal for independent chairman
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| 13:00 EDT | | TGT | Target boosts dividend 19.4% to 43c per share
The board of directors of Target has declared a quarterly dividend of 43c per common share, representing a 19.4% increase from the prior quarterly dividend of 36c. The dividend is payable September 10 to shareholders of record at the close of business August 21. |
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| June 7, 2013 |
| 05:51 EDT |  | HD | Stocks with implied volatility movement; NBG HD
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| June 6, 2013 |
| 10:01 EDT |  | COST | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Cadence (CADX) initiated with a Neutral at Piper Jaffray... Costco (COST) initiated with a Buy at Sterne Agee... Dollar General (DG) initiated with a Neutral at Sterne Agee... Dollar Tree (DLTR) initiated with a Buy at Sterne Agee... Emeritus (ESC) initiated with a Neutral at Goldman... Enbridge (ENB) initiated with an Outperform at Macquarie... ExOne (XONE) initiated with a Buy at Canaccord... Family Dollar (FDO) initiated with a Neutral at Sterne Agee... Five Below (FIVE) initiated with a Neutral at Sterne Agee... Haemonetics (HAE) initiated with an Outperform at JMP Securities... ING Group (ING) initiated with a Buy at Jefferies... J.C. Penney (JCP) initiated with a Buy at Sterne Agee... Kohl's (KSS) initiated with a Neutral at Sterne Agee... Macy's (M) initiated with a Buy at Sterne Agee... Nordstrom (JWN) initiated with a Buy at Sterne Agee... Saks (SKS) initiated with a Neutral at Sterne Agee... Signature Bank (SBNY) initiated with an Overweight at Morgan Stanley... The Fresh Market (TFM) initiated with a Buy at Sterne Agee... The Medicines Co. (MDCO) initiated with an Overweight at Piper Jaffray... Vitamin Shoppe (VSI) initiated with a Buy at Sterne Agee... Whole Foods (WFM) initiated with a Buy at Sterne Agee... SkyWest (SKYW) initiated with an In-Line at Imperial Capital... W&T Offshore (WTI) initiated with a Buy at SunTrust... Canadian Natural (CNQ) initiated with an Accumulate at Global Hunter... Cenovus Energy (CVE) initiated with a Buy at Global Hunter... Suncor (SU) initiated with a Buy at Global Hunter... Freeport McMoRan (FCX) coverage resumed with a Buy at Jefferies. |
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| 07:20 EDT | | HD | Goldman to host a conference
4th Annual dotCommerce Day is being held in New York on June 6 with webcasted company presentations to begin at 9 am; not all company presentations may be webcasted. Webcast Link |
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| 06:15 EDT | | COST | Costco initiated with a Buy at Sterne Agee
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| 06:13 EDT | | HD | Kelso hires Barclays to sell Custom Building Products, Reuters reports
Kelso & Company hired Barclays (BCS) to find a buyer for Custom Building Products, which makes supplies for home furnishings and construction and has Home Depot (HD) as a primary retail partner, sources say, reports Reuters. Reference Link |
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| 05:52 EDT | | COST | Costco reports May comparable store sales up 5%
Costco reported net sales of $8.13B for the month of May, the four weeks ended June 2, an increase of 7% from $7.57B during the similar period last year. |
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| 05:14 EDT | | COST | Costco to host sales conference call
Conference call to discuss May sales results will be held on June 6 at 8 am. |
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