Costco Wholesale Corporation (COST) delivered comparable-store sales (comps) growth of 6% in June, following an increase of 5% in May, and reflecting comparable sales growth of 6% at both the U.S. and international locations.
Buoyed by strong sales, shares of Costco recorded a new 52-week high of $115.94 yesterday, before closing at $115.89.
Costco’s comparable-store sales for....More>>>
In a deal that may not be good enough to resist, Liberty Media Corp. (NASDAQ: LMCA) has offered to buyout shareholders of Sirius XM Radio Inc. (NASDAQ: SIRI) in a tax-free transaction that would exchange one share of Sirius stock for 0.0760 shares of a new issue of Liberty Series C common stock. Existing shareholders of Liberty’s Series A and Series B common stock would also receive two shares....More>>>
DELAFIELD, Wis. (Stockpickr) — At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.
>>5 Stocks Ready to Break Out
Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that....More>>>
Friday’s profit warning from UPS (UPS) and today’s earnings short fall from JB Hunt (JBHT) put the transport sector in the spotlight. The results may cause a review of the profit outlook in the freight/transportation sector, and the market to think about making a U-turn. UPS noted its profits had been hurt by customers trading down to lower cost shipment methods, slower industrial production,....More>>>
In order for Facebook (NASDAQ: FB ) to grow its business and live up to the high expectations many investors have for the company, it needs to expand its product offerings. We saw this in the past with Google (NASDAQ: GOOG ) , a company which started with and is still mainly known for its search platform. While most users would say Google search is good and they would still....More>>>
In commemoration of Earth Day, retailer ANN INC (NYSE: ANN ) , the parent company of Ann Taylor and LOFT, says that not only has it already met its goal two years early of reducing its “carbon footprint” by 9% by 2015 but it’s doubled it. And ANN isn’t done “greening” yet.
ANN announced yesterday that an analysis of its year-end 2012 results....More>>>
Now that stocks have pulled back from recent all-time highs, investors and traders may be looking for new research ideas that can generate higher income or more profits. 24/7 Wall St. reviews many fresh research calls each morning to find great ideas from value stocks to growth stocks to dividend stocks. We have broken out the positive analyst calls and these are some of this Tuesday’s top....More>>>
Bubble tea may be commonplace in Asia, but the success of various independent shops and chains in California could one day be defined by service and variety. While chains such as Lollicup Coffee & Tea and Tapioca Express Inc. were founded in southern California and are working on expanding globally, the state has seen a dozen others come and go. Here are three Taiwanese chains....More>>>
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NEW YORK (TheStreet) — I like to heavily promote articles written by authors at TheStreet. And I do so often. Keeping it within the family.
But, from time to time, writers/reporters at other media outlets do work that’s so good I feel no provincial guilt for sending you to another site.
Plus, over the last year, I have cited the source — BloombergBusinessweek —....More>>>
After reviewing Tesla’s (NASDAQ: TSLA ) Model S, Consumer Reports has given the electric car top marks, saying in a blog post today that it performed better than cars built by companies that have been around for more than 100 years.
The nonprofit consumer-product rating company said the Model S outscored every other car in its test ratings. “It does so even though....More>>>
Chinese growth stocks stormed higher last week.
NQ Mobile (NYSE: NQ ) continues its amazing run, soaring 26% on the week after climbing 17% a week earlier.
The provider of mobile Internet services took off after announcing encouraging preliminary results for its second quarter. NQ Mobile was forecasting no more than $38.8 million in net revenue two months ago for the period,....More>>>
DELAFIELD, Wis. (Stockpickr) — Professional traders running mutual funds and hedge funds don’t just look at a stock’s price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.
>>5 Hated Earnings Stocks You Should Love
Major moves in volume can signal unusual activity,....More>>>
NEW YORK (MarketWatch) — U.S. stocks rallied Friday, lifting the Dow Jones Industrial Average and the S&P 500 to record levels, after a government report showed the economy grew at its fastest pace in two years last quarter.
The U.S. economy expanded at an annual rate of 4.1% in the third quarter due to stronger consumer spending....More>>>
LOS ANGELES (MarketWatch) — Japanese stocks rose in early Monday trading, with weaker-than-expected trade data pushing the yen lower, which in turn helped some export stocks. The Nikkei Stock Average (JP:NIK) added 1% to 14,704.36, with the broader Topix up 0.8%, also enjoying support from gains Friday in the U.S. After data showing....More>>>