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  • J.C. Penney's friend list grows by one

    J.C. Penney has few friends on Wall Street, but Thursday, the troubled retailer gained one more.

    BTIG analyst William Frohnhoefer issued a "buy" rating, making him one of the few analysts to recommend purchasing J.C. Penney's stock.

    Frohnhoefer also set a price target of $22 per share. That's more than 40% higher from where J.C. Penney's (JCP) stock is currently trading. Early Thursday, shares slid 1% to $15.53.

    The call is a rare MORE

    - Mar 14, 2013 11:44 AM ET
  • Why is Best Buy up 60% this year?

    The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

    Best Buy is expected to report a nearly 20% decrease in earnings per share this fiscal year. Sales should drop too. And a takeover by the company's founder now appears to be off the table.

    Yet MORE

    - Mar 7, 2013 10:50 AM ET
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  • American Apparel back in fashion

    Shares of American Apparel (APP) took off Tuesday, after the retailer reported strong earnings and sales.

    American Apparel's stock rallied more than 16%, although it's trading well below $2.

    Still, the retailer has had a string of wins lately. In addition to reporting a solid quarter, American Apparel said sales would range between $652 million and $660 million for the year.

    Just last month, same-store sales bumped up 10%.

    "We have set a three MORE

    - Mar 5, 2013 12:35 PM ET
  • Whole Foods shares sink on sales outlook

    Shares of Whole Foods Market tumbled Thursday after the organic grocery chain narrowed its outlook for sales this year.

    Whole Foods (WFM) shares fell 9.4% to end the day at $87.50.

    Late Wednesday, Whole Foods said it expects sales at stores open at least one year to rise between 6.6% and 8% in fiscal year 2013. It had previously forecast same-store-sales growth, a key measure of retail demand, to increase between 6.5% MORE

    - Feb 14, 2013 4:16 PM ET
  • Fossil proves it's not extinct

    Fossil is proving it's alive and kicking.

    The accessories maker, best-known for its name-brand watches, reported earnings per share Tuesday that squeaked past estimates by a penny. And sales rose 14% to a record $948 million -- topping forecasts.

    Fossil also issued a rosy outlook. The company expects sales to grow 10% in the current quarter and rise between 10% and 11% for its full fiscal year.

    The bulk of that will be MORE

    - Feb 12, 2013 1:01 PM ET
  • JC Penney ensnared in hedge fund games?

    JC Penney's latest tangle has many folks speculating about whether there's another hedge fund battle brewing.

    The retailer said it received a Notice of Default from law firm Brown Rudnick, which claims to represent an "ad hoc" group who hold more than 50% of JC Penney's bonds due in 2037.

    JC Penney says the notice is "utterly without merit" but it's raised speculation as to who is behind this so-called ad hoc MORE

    - Feb 5, 2013 12:33 PM ET
  • PayPal pays off for eBay investors

    Auction site eBay continues to impress investors, thanks in large part to the ongoing success of PayPal.

    Late Wednesday, eBay reported better-than-expected earnings and revenue for its latest quarter. And while the company issued slightly weaker guidance for the current quarter, its full-year outlook was rosier.

    Shares of eBay (EBAY) rallied nearly 4% to a new 52-week high Thursday. The stock has been on a tear, soaring 41% over the past MORE

    - Jan 17, 2013 12:22 PM ET
  • Beware the China stock rally

    The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

    So much for that China hard landing.

    It was fashionable late last year to predict that China's economy was headed for an epic collapse, akin to the Great Recession in the United States a few years MORE

    - Jan 15, 2013 1:16 PM ET
  • Even dollar stores find it hard to make a buck

    Retailers have had a rough time lately, what with Superstorm Sandy, a sluggish economy and overall weak holiday sales.

    You'd think dollar stores would be the exception. Not today.

    Family Dollar missed earnings-per-share estimates by 6 cents a share and said profits the current quarter and full year would come in below forecasts. The company, which sells everything from baby care to home goods, blamed a worsening macro environment for ratcheting MORE

    - Jan 3, 2013 2:01 PM ET
  • Bah humbug! Retailers feel the pinch

    Retailers who were hoping for some holiday cheer have found coal in their stockings this year.

    According to MasterCard's (MA) SpendingPulse report, retail sales leading up to Christmas rose a paltry 0.7% from last year, which wasn't exactly a stellar year for retailers either. And it was far below the 3% to 4% analysts had expected.

    It's been a couple of tough months for retailers, no thanks to Superstorm Sandy. Sales fell MORE

    - Dec 26, 2012 12:26 PM ET
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