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Thursday, February 2, 2012 - 9:17am
Royal Caribbean Sinking as Tourists Stay AshoreShares in Royal Caribbean (NYSE: RCL) were up yesterday, but those gains are gone now that the company announced earnings of 17 cents per share, or $36.6 million. Those figures were a slight increase from last year's earnings of 15 cents per share and ahead of analyst estimates of 15 cents per...
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Macy's Fiscal 2011 Same-Store Sales Rise 5.3%; January up 2.4%
Thursday, February 2, 2012 - 8:02amMacy's, Inc. (NYSE: M) today reported total sales of $1.336 billion for the four weeks ended Jan. 28, 2012, an increase of 2.0 percent compared with total sales of $1.310 billion in the four weeks ended Jan. 29, 2011. On a same-store basis, Macy's, Inc. sales were up 2.4 percent in January. For...
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Macy's Chief Stores Officer Retires
Wednesday, February 1, 2012 - 4:36pmMacy's, Inc. (NYSE: M) today announced a series of changes to its senior executive leadership team: Ron Klein, Macy's chief stores officer, will retire effective March 31, 2012, after a distinguished retailing career that includes 36 years with the company. He will devote the next two months to a...
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Thursday, January 26, 2012 - 4:03pm
Bet On These 4 Blue-Chip Brands
One of the things that legendary investor Warren Buffett looks for in his stock picks is a "moat," or some quality or qualities that protect a company's business from encroaching competition. One of the most common, and lucrative, "moats" is a tremendous brand which is instantly recognizable and...
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Cost Plus and Pier 1 to Open Near 52-Week Highs
Thursday, January 26, 2012 - 6:34am
The Nasdaq closed up more than 1%, the Dow and S&P 500 less than 1%, yesterday. Plenty of stocks rose to new 52-week highs during the trading session. Among them were Cost Plus World Market (NASDAQ: CPWM) and Pier 1 Imports (NYSE: PIR), which reached multiyear highs of $13.54 and $15.80 per...
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Wednesday, January 25, 2012 - 2:24pm
Short J.C. Penney on Price Change News
J.C. Penney (NYSE: JCP) announced a dramatic shift in its pricing initiatives today under the new leadership of former Apple (NASDAQ: AAPL) executive Ron Johnson. The company revealed that it is getting rid of hundreds of sales that it offers each year and is instead transitioning into a strategy...
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How to Use Technical Indicators
Tuesday, January 24, 2012 - 7:05pm
By Rick Silver, of EverestForex.com What are technical indicators? Technical indicators are forms of trading analysis that allow us to follow the price and volume patterns of foreign exchange currencies. They are useful to us as traders as they help inform our trading decisions and help us judge...
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Tuesday, January 24, 2012 - 11:33am
Martha Stewart in Hot Water Again
Martha Stewart is in danger of being labeled a career criminal if she is not careful. Well, not really. But she probably wants to be careful when negotiating contracts with department stores. The last thing the former queen of the suburban wife needs is another brush with law darkening her...
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Monday, January 23, 2012 - 2:35pm
Is JC Penney Following its Cost Cutting Rivals?
Today, a NY Post report stated that JC Penney (NYSE: JCP) planned to lay off thousands of workers. The layoffs are targeted at workers who typically retag and re-price merchandise. The retailer hopes to develop a new "everyday low" price campaign, moving away from frequent price cuts and sales....
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Thursday, January 19, 2012 - 12:50pm
Positive Jobless Claims Move Equities Higher. Will the Trend Last?
One thing is on most people's mind: how is the economy going to recover. According to conventional wisdom, the job market is one of the main indicators of economic strength. From newly minted college graduates to industry veterans, many Americans are struggling to find jobs. It's no secret that...
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