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Retail Earnings: What to Watch This Week

Posted by marketnews on November 12th, 2012

Here come the retailers. After a string of positive consumer data showing confidence at a five-year high and decent same-store sales in October, many of our nation's top retail chains are set to report third-quarter earnings results this week. Forecasts from retailers like Wal-Mart and Target are arguably the best gauges of consumer strength now and the jam packed earnings lineup is sure to bring more clarity moving forward.

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Hot Topic, Inc. (NASDAQ:HOTT) witnessed volume of 3.50 million shares during last trade however it holds an average trading capacity of 733,301.00 shares. HOTT last trade opened at $8.37 reached intraday low of $7.37 and went -5.22% down to close at $7.81.

Read Full Article and Disclaimer at:http://stockbling.com/7823/stock-highlights/hot-topic-inc-non-normal-tra...

Rimage Corp. (Nasdaq:RIMG) announced that it has signed a definitive agreement for the acquisition of Qumu, Inc., the leader in enterprise video communications. The acquisition provides Rimage with a strong presence in the rapidly growing video communications market with an established partner, serving 100 Global 1000 customers and generating strong revenue growth.

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Santa Claus is coming to town soon, and some of these names may help your portfolio be naughty or nice.

Brian Sozzi of Wall Street Strategies had a research report earlier with a list of retail names, and how they have reacted since the August 9th intraday low. He also has some thoughts on how the names will react during the 2011 holiday shopping season.

Hot Topic Inc. (Nasdaq:HOTT) announced that two new executives have joined the company, Don Hendricks as Chief Information Officer and Jeff Allison as Senior Vice President of Planning and Allocation.

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Crown Equity Holdings Inc., (CRWE)
CRWE's digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others, DrStockPick.com, PennyOmega.com, BestOtc.com, CRWEFinance.com, CRWESelect.com, CRWEPicks.com and StockHotTips.com.

Read more at: http://pennygovernance.com/?p=16149

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