TOP NEWS
MARKET CURRENTS
-
7:36 AM KeyBanc upgrades Wet Seal (WTSL) to Buy from Hold, price target $6.50. Analyst Edward Yruma says the retailer "presents [a] significant upside opportunity" as a recent meeting with management indicates the company "can return quickly to its fast fashion roots." Yruma does warn that this trade is more suited for "risk tolerant investors." Comment! [Consumer]
-
7:36 AM JPMorgan (JPM) plans a shake-up of its board even if every director wins reelection and Jamie Dimon keeps his dual role, reports the WSJ. If the story is to be believed, it could mean Ellen Futter, David Cote, and Jim Crown - who sit on the bank's risk policy committee and who barely squeaked by last year - are on their way out. The 3 are notable for either having litte or negative bank risk-management experience on their resumes. Annual meeting begins at 10 ET. Comment! [Financials]
-
7:33 AM Monro Muffler (MNRO): FQ4 EPS of $0.25 in-line. Revenue of $195.9M (+14.1% Y/Y) beats by $5.98M. (PR) Comment! [Earnings, Breaking News, Consumer]
-
7:32 AM Dick's Sporting Goods (DKS): Q1 EPS of $0.48 in-line. Revenue of $1.3B (+4.1% Y/Y) misses by $0.06B. (PR) Comment! [Earnings, Breaking News]
-
7:27 AM KKR sells its entire 12% stake (about $260M) in Australian TV network Seven West Media. Seven West Chairman Kerry Stokes believes funding pressures brought on by the high aussie dollar was a factor behind the sale. Seven West shares fell 3.4% in Sydney. Comment! [Financials]
-
7:23 AM BlackRock (BLK) fills a void, purchasing P-E property investment advisory firm MGPA ($12B AUM) to boost its Asian real estate business. The transaction - price undisclosed - is expected to close in Q3 and won't materially affect EPS, says BlackRock. Comment! [Financials]
-
7:22 AM More on AutoZone's (AZO) FQ3: Domestic store sales dipped 0.1% but the company says sales trends strengthened during the last four weeks of the period. Inventory was up 6.3% Y/Y, largely due to a higher store count and strategic investments in hard parts assortment. The retailer opened 33 new stores during the quarter to take its store count to 4,767. (PR) Comment! [Consumer]
-
7:20 AM Medtronic (MDT): Q1 EPS of $1.10 beats by $0.07. Revenue of $4.5B beats by $0.11B. Comment! [Earnings, Breaking News, Healthcare]
-
7:14 AM InterContinentalExchange (ICE) formally applies for EU regulatory approval for its NYSE Euronext (NYX) purchase. It was 15 months ago Deutsche Boerse's buy of NYX was denied, but ICE feels it won a victory last month when the EU said it would rule on the purchase, as opposed to each of the state regulators having a say. Comment! [M&A, Financials]
-
7:12 AM More on Best Buy's (BBY) Q1: Comparable store sales dipped 1.1% during the period, although the retailer did get a strong bounce (+16.3%) from online sales. If the shift of the Super Bowl and the impact from the decision to cut back on certain non-core businesses is backed out, comp sales were flat. Gross profit was down 190 bps to 23.4% due to the retailer's increased investment in pricing and higher promotional stance. The company notes Samsung Experience shops will be a focus in Q2. (PR) Comment! [Consumer, Earnings]
STOCKTALKS
Sign in to view StockTalks by people you follow
TOP ARTICLES7:42 AM ET TUESDAY MAY 21
PORTFOLIO
| Symbol | Alerts | Price | Chg | % Chg |
|---|
Latest Portfolio Headlines
More on this portfolio:
Day Watch |
Alerts |
Holdings |
Performance |
Momentum |
Valuation |
Profitability |
Dividends |
Debt |
Ownership
LATEST ARTICLES
- A Dead Cat Bounce For Gold Prices by Bob Kirtley • Comment!
- Clorox Hikes Dividend, But Is It A Buy At Current Levels? by Dividend Growth Investor • Comment!
- Low Volatility Investing In 2013 by Ploutos • Comment!
- Why Did An Epic 1 Day Rally Take Place In Chinese Solar Stocks? by Sneha Shah • Comment!
- Wall Street Breakfast: Must-Know News by Wall Street Breakfast • Comment!
- Jeremy Siegel: Dow 17,000 In 2013 by David Zanoni • 2 Comments
- Is The Dollar To Be Given A Bull Run Break Before Ben? by Dean Popplewell • Comment!
- Cramer's Lightning Round - Undervalued Automotive Stocks Are Driving Me Nuts (5/20/13) by SA Editor Miriam Metzinger • Comment!
- Powerful Reversal Day In Precious Metals And The Miners by Jeb Handwerger • 1 Comment
- Could Tumblr Be The Next Instagram? by Shelly Palmer • 1 Comment
ALPHA-RICH IDEAS
- Ryland: 2 Major Reasons Why This Homebuilder Is At Least 30% Overvalued by Money Investor • Comment!
- hhgregg: Gravity Will Return After A 175% Run Over The Last 6 Months by Money Investor • 7 Comments
- The Hard Money Has Been Made In Imperial Holdings by Whopper Investments • 8 Comments
- AdCare Tender Offer Looks Improbable by Benjamin Mackovak • 5 Comments
- CST Brands: Valero's Spin-Off Is Currently Undervalued And Under-Earning by Daniel Phillips • 17 Comments
- TeraGo: The Cheapest Communications Cash Cow You've Never Heard Of by Cash Man • 46 Comments
- POSCO: Sustainable Competitive Advantages, Significant Margin Of Safety And Catalysts For 150% Upside by ROIC1 • 9 Comments
- LCA-Vision: The Case For Calculated Optimism by Thomas Finser • 6 Comments
- American Greetings Waiting To Greet A Higher Bid by Whopper Investments • 13 Comments
- Fidelity National Financial: 33% Of The Title Insurance Market At The Cusp Of A Housing Recovery by Intangible Valuation • 6 Comments
MACRO VIEW
- A Dead Cat Bounce For Gold Prices by Bob Kirtley • Comment!
- Wall Street Breakfast: Must-Know News by Wall Street Breakfast • Comment!
- Jeremy Siegel: Dow 17,000 In 2013 by David Zanoni • 2 Comments
- Is The Dollar To Be Given A Bull Run Break Before Ben? by Dean Popplewell • Comment!
- Powerful Reversal Day In Precious Metals And The Miners by Jeb Handwerger • 1 Comment
- Sterling And Yen Wait For No Man by Marc Chandler • Comment!
DIVIDENDS & INCOME
- For Apple, This Is Not Business As Usual by Bill Maurer • 2 Comments
- Memorial Production Partners: A Natural Gas Focused MLP With A 10.60% Yield by Albert Alfonso • 1 Comment
- Honda Motors: Stock To Drive Higher On Key Conditions by David Zanoni • Comment!
- Strategic Hotels: Is The CEO Ready For A Vacation? by Jane Edmondson • Comment!
- Frontier Communications - A Light At The End Of The Tunnel by Crunching Numbers • 1 Comment
- Chevron Is A Well Oiled Dividend Machine Worth Buying For The Long Haul by Martin Vlcek • 4 Comments
ETFs & PORTFOLIO STRATEGY
- Low Volatility Investing In 2013 by Ploutos • Comment!
- Nobel Laureate Thomas Sargent On Risk, Ambiguity, And Investment Decision-Making by CFA Institute Contributors • Comment!
- Your Portfolio Can Be All American by Tim McAleenan Jr. • 2 Comments
- Bernanke's 'Fed Speak' Ensures The Success Of Internet ETFs And The Buyback Achievers ETF by Gary Gordon • Comment!
- Returning To Risk - The Nasdaq Looks Like The Place To Be Again by Option Millionaires • 2 Comments
- 5 Funds With Rock Bottom Expense Ratios For Busy Investors by Pey Shadzi • 11 Comments
INVESTING IDEAS
- Cramer's Lightning Round - Undervalued Automotive Stocks Are Driving Me Nuts (5/20/13) by SA Editor Miriam Metzinger • Comment!
- The Facebook Effect On Arena's Belviq Sales And Why It Will Ultimately Dwarf Anything Eisai Does by Jacob Smith • 3 Comments
- Cramer's Mad Money - The Kids Love Tesla (5/20/13) by SA Editor Miriam Metzinger • Comment!
- Gordmans Stores: High Growth And A Fair Price by Investing Sidekick • Comment!
- Berkshire Hathaway: This Is How Investing Should Be Done by IAEResearch • Comment!
- How Intel Could Jump 2 Moore Generations Ahead And Capture The Mobile Chip Industry by Sneha Shah • 2 Comments