(HPQ) Stock Market News for August 20, 2009 – Market News
A sharp rebound in Chinese shares helped erase yesterday’s slump and sent Asian stocks sharply higher Thursday, a day after Shanghai’s big fall ignited fears of a Chinese stock collapse and triggered a...
View Article(PETM) Petsmart Incorporated – Management is Cautiously Optimistic
Petsmart Inc. (PETM) recently hit a new 52-week high at $33.05 on solid full-year and fourth-quarter performances and an optimistic view from management. Company Description Petsmart, Inc., together...
View Article(KIM) Kimco Realty Forms Joint Venture to Acquire Assets
Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently formed a joint venture with BIG Shopping Centers, an Israeli publicly traded company, to acquire high-quality...
View Article(PETM) PetSmart First Quarter 2010 Earnings Beat Estimates
First-quarter 2010 earnings per share (EPS) of PetSmart, Inc. (PETM) jumped 24% year over year to $0.46, exceeding the Zacks Consensus Estimate of $0.43 per share, driven by a blend of...
View Article(DDR) Developers Diversified Realty Reports Leases Strong
Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently signed a leasing agreement for 671,278 million square feet of space in Hatillo, Puerto Rico. The...
View Article(PETM) PetSmart Incorporated – People Still Spending on Their Pets
PetSmart Inc. (PETM) has weathered the retail storm quite well. The company – a retailer specializing in all things pets – recently beat the Zacks Consensus Estimate by 14%, prompting analysts to raise...
View Article(PETM) PetSmart Reports Quarterly Earnings in Line – Lifts Outlook
PetSmart Inc. (PETM), the specialty retailer of products, services, and solutions for pets, recently posted third-quarter 2010 earnings of 38 cents a share that came in line with the Zacks Consensus...
View Article(LEI) Stock Market News for May 20, 2011 – Market News
A host of worrying economic reports failed to pull down the markets as LinkedIn made its debut on the Street and doubled its share price. Markets were also led modestly higher as initial claims...
View Article(AGL) Company News for May 20, 2011 – Corporate Summary
• Professional-networking site LinkedIn (NASDAQ:LNKD) made its debut at the New York Stock Exchange on Thursday. Share prices rocketed 109.44% to more than double to close at $94.25 • Pet-store...
View Article(AFAM) Company News for June 21, 2011 – Corporate Summary
• Manufacturer and distributors of stainless steel and titanium products, Carpenter Technology (NYSE:CRS) has concluded a merger agreement with Latrobe Specialty Metals as per which the former will...
View Article(PETM) PetSmart Increases Dividend
PetSmart Inc. (PETM), in its attempt to optimize its shareholders’ return, decided to employ its available free cash in raising its quarterly dividend while also approving a share buyback program. The...
View Article(PETM) PetSmart Reports Healthy Fourth Quarter Earnings
PetSmart Inc. (PETM), the specialty retailer of products, services and solutions for pets, recently posted healthy fourth-quarter 2011 earnings. The quarterly earnings of 91 cents a share jumped 18%...
View Article(JWN) Nordstrom Expands Store Network
Nordstrom Inc. (JWN), a leading fashion specialty retailer in the United States, announced the opening of two new Nordstrom Rack stores; one in Huntington, New York, and the other in Upland,...
View Article(PETM) PetSmart Raised Guidance Leads to Growing Estimates
Following robust first-quarter results, PetSmart, Inc. (PETM) has witnessed 21 upward revisions out of 22 estimates for the current fiscal year. The specialty retailer of products, services and...
View Article(BBY) U.S. Retail Industry Stock Outlook – August 2012 – Industry Outlook
Retailers procure goods in large quantities directly from manufacturers or wholesalers and sell them in small quantities to customers through a retail outlet or online. As consumer spending is the key...
View Article(XHB) Stock Market News for August 17, 2012 – Market News
Benchmarks posted decent gains on Thursday backed by encouraging earnings from Cisco and a statement by Angela Merkel that all support would be provided to the ECB to help fix Euro-zone debt woes....
View Article(PETM) The Investor’s Guide to Cloud Computing
When I started in IT in the mid 1980s, all computer applications ran on the mainframe – a large computer that was efficient and well-managed. I recall watching “in horror” in the late 1980s and early...
View Article(PETM) PetSmart Earnings Preview
PetSmart Inc. (PETM), a specialty retailer of products, services and solutions for pets, is expected to reveal its financial results for the second-quarter of fiscal 2012 on Wednesday, August 15, 2012....
View Article(XHB) Stock Market News for October 3, 2012 – Market News
Benchmarks ended mixed yesterday after a favorable housing report countered apprehensions about the Spanish bailout. Uncertainty about when Spain would seek a bailout was a matter of concern. Also, a...
View Article(LTD) Retail Industry Stock Outlook – November 2012 – Industry Outlook
As consumer spending is the key to the viability of any economy, the health of the retail industry is an important economic indicator. According to the National Retail Federation, retail accounts for...
View Article(PETS) PetMed Express Stays at Neutral
We have reaffirmed our Neutral recommendation on PetMed Express (PETS), following its second-quarter fiscal 2013 results. PetMed reported earnings per share (EPS) of 20 cents in the quarter, a penny...
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