Bed Bath & Beyond Profits Increase Amid Sluggish Economic Recovery
Home decor stores are flourishing across the country in what appears to be a recession turn-around. In an almost unanimous call across the research firm board, Bed Bath & Beyond's (NASDAQ: BBBY) price target skyrocketed today following its promising Wednesday night conference call.
Coffee Makers Spill All Over the Map; Tim Hortons & McDonald's Burnt by Starbucks' Success
JoS A Bank Reports Record 2011 Sales, Profits Despite Tough Q4
Starbucks is implementing a new policy for its thirstiest customers.
I still remember the week the Trenta – Starbucks' (NASDAQ: SBUX) largest size for iced drinks – was announced. The 31-ounce cup drew a lot of criticism from bloggers who were quick to point out that Starbucks customers could now order a refreshing coffee that was larger than the human stomach.
Although the company's earnings look strong and the management's outlook remains positive, investors were not thrilled and the stock is trading 3% lower on today's trading session. This selloff brought NIKE down to test its 50-day moving average on a heavy volume, but the stock has been able to hold above this key technical level.
Shoe Carnival Gives Competition Something to Scuff About
Commonly advertised as a “stock to watch for” over recent weeks, Shoe Carnival (NASDAQ: SCVL) proved its worth today as it reported decent 4Q earnings, great full year results and projected an outstanding outlook for 1Q12. As a result, the stock peaked at a seven month high today, up $3.28.