|
|
News Breaks | | | | October 15, 2012 | | 07:14 EDT |  | LOW, TGT, V, SWY, SBUX, WMT, KR, M, MA | Credit card fee settlement opposed by Wal-Mart, others, Reuters says
In the months since a $7.2B settlement with Visa (V) and Mastercard (MA) over "swipe fees" was filed, a number of major retailers including Wal-Mart (WMT) and several trade groups have come out opposing the deal and asked to have it blocked, reported Reuters. The credit card companies and retailers that do support the plan will ask a judge this week to approve it in spite of the objections, the report noted. Reference Link | |
|
News For V;MA;WMT;TGT;M;SBUX;LOW;KR;SWY From The Last 14 Days Check below for free stories on V;MA;WMT;TGT;M;SBUX;LOW;KR;SWY the last two weeks. |
|
|
| May 23, 2013 | | 08:09 EDT |  | LOW | Lowe's momentum encouraging, says RW Baird
Baird believes Lowe's recent momentum is encouraging despite disappointing Q1 results. The firm noted management's optimism regarding ongoing internal initiatives, the improvement in comps, and a housing tailwind as reasons to stay involved in the shares. Lowe's is Outperform rated and price target increased to $48 from $45. | | | 08:06 EDT | | TGT | Target positive catalysts still intact, says Wells Fargo
 Subscribe for More Information | | | 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. | | | 12:20 EDT | | TGT, LOW | On The Fly: Midday Wrap
Subscribe for More Information | | | 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%
| | | 10:03 EDT |  | LOW | Lowe's rises after results in spite of miss, levels to watch
Subscribe for More Information | | | 09:53 EDT | | TGT | Target slides following earnings, levels to watch
Subscribe for More Information | | | 09:29 EDT | | LOW | Lowe's says comp sales improved as quarter progressed
Subscribe for More Information | | | | 08:59 EDT | | TGT, LOW | On The Fly: Pre-market Movers
Subscribe for More Information | | | 08:03 EDT | | SBUX | Kohl's announces Michelle Gass as Chief Customer Officer
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 | | | 06:04 EDT | | LOW | Lowe's sees FY13 EPS $2.05, consensus $2.08
Subscribe for More Information | | | 06:02 EDT | | LOW | Lowe's reports Q1 SSS down 0.7%
Subscribe for More Information | | | 06:02 EDT | | LOW | Lowe's reports Q1 EPS 49c,c onsensus 51c
Reports Q1 revenue $13.09B, consensus $13.46B | | | May 21, 2013 | | 15:47 EDT |  | TGT | Target May 72 weekly straddle priced for 2.9% move into Q1
Subscribe for More Information | | |
|
|
|
|
|
|
