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ArchiveAll Eyes on the Fed (MOV, BWS, HNZ, LXK, JKS, QIHU)Posted by Geoff Seiler at 4:31PM on August 28th
The major market averages closed mixed a second-straight day. The economic news was also mixed, with the housing market continuing to show signs of strength, but consumer sentiment pulling back. One of the most interesting pieces of news on the…  Goodbye and Good Riddance to May (JOY, CIEN, MOV, TIVO, HOKU, SMI)Posted by Geoff Seiler at 8:43PM on May 31st
Goodbye to May and good riddance as it was a miserable month for the markets. Stocks rallied in the afternoon, making up a lot of the ground lost earlier in the session but ultimately all three of the name market… Historically, September the Worst Month for Stocks (CIEN, MOV, TD, SHFL, GRO, EMMS)Posted by Geoff Seiler at 4:33PM on September 1st
After being up early in the day, stocks shrugged off solid August retail same-store sales numbers to finish lower. The rest of the economic picture was mixed. The ISM number was better than expected, but the spread between new orders… Payroll Report to be Tomorrow’s Big Catalyst (QPSA, HGG, JOYG, VRA, XIDE, MOV)Posted by Geoff Seiler at 5:01PM on June 2nd
Stocks trimmed their early session losses to close mixed today in advance of tomorrow’s monthly payroll report from the government, which should prove to be a trading catalyst. It was a mixed day throughout the day. The Dow was weak… Tick-Tock: Jewelery Stocks Rise Amid ‘Strongest Watch Season’ (FOSL, ZLC, MOV, HWD, NILE, SIG, TIF, FUQI)Posted by Eric Monte at 3:53PM on May 10th
Shares of Fossil (FOSL) are up more than 13% today after the company reported earnings of $0.86 per share, twenty cents more then Wall Street was expecting. The strong earnings came primarily from Asia where the company saw sales rise 57%… High Gas and Food Prices the Main Rebound Risk (STZ, RT, MOV, REE, CIGX, BBBY)Posted by Geoff Seiler at 4:43PM on April 7th
While the market ended modestly lower, it was a solid day of economic news, with jobless claims once again falling and retail sales coming in ahead of expectations. High gasoline and food prices remain a risk to the economic rebound,… tickerspy’s Top Retail Indexes Gain Over 5% This Week (PIR, BXC, TSCO, BLDR, BONT, DDS, ZLC, MOV)Posted by Jason Smith at 2:00PM on April 9th
It was a strong week for the various retail sub-sectors with some gaining more than 5% on double-digit spikes from individual winners. In the Home Furnishing Stocks Index, Pier 1 Imports (PIR) was the big winner this week after the company reported… Analysts Downgrade Fuqi On Accounting Shenanigans (ZLC, MOV, HWD, FUQI, TIF, NILE)Posted by Jason Smith at 12:30PM on March 17th
Chinese jewelry retailer Fuqi International (FUQI) is plummeting today after receiving downgrades to Neutral from Buy at Merriman and to Perform from Outperform at Oppenheimer. The latter of the two firms cited accounting errors during 2009 that may have resulted in… Buffett’s Diamonds Lose Their SparklePosted by Owen Vater at 12:00PM on September 25th
Buffett has made billions picking “diamonds in the rough,” but he sees a bleak outlook for the ones in display cases. Back in May, at Berkshire Hathaway’s (NYSE: BRK-A, BRK-B) annual shareholder meeting, news cameras followed some of Buffett’s “partners” as they… Retailers Look Expensive, Puzzle EconomistsPosted by Owen Vater at 11:03AM on August 3rd
Despite lagging consumption, retailers have led the market – how long before these formerly depressed stocks are deemed a fair value? Despite the improving outlook for the economy and stock market, the rebound of selected sectors has economists scratching their heads.… |
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