The recent announcement by retail giant Wal-Mart, that it will be offering the new Nokia Lumia 710 for free, with a two-year T-Mobile contract, has triggered apprehensions among tech writers and…
Tags: India Share market, India Shares
Wal-Mart
Posted on March 08th, 2011 in Dicks Sporting Goods, DKS, FL, Foot Locker, India Shares, retail, Wal-Mart, wmt
Filed under: Earnings Reports, Wal-Mart (WMT)
Dick’s Sporting Goods (DKS) issued its fourth-quarter report today. The company was rocking this afternoon: with a little more than two hours to go before the close of the session, the stock was up 6% to $39.93. Earlier during the intraday session, a new 52-week high of $40.26 was achieved. It’s good to get over that psychological round-number level, right?
The volume of shares traded so far is already in the spectacular range. The 52-week low for the stock is $24.02, so the current price is more than a comfortable distance away from that point. The one-year chart is attractive even if it doesn’t plot a straight-up line.
Continue reading Dick’s Sporting Goods Hits New 52-Week High
Dick’s Sporting Goods Hits New 52-Week High originally appeared on BloggingStocks on Tue, 08 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.
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Tags: India Share market, India Shares
Filed under: Wal-Mart (WMT), Target Corp. (TGT), Technical Analysis
Target (TGT) has not been a good stock at all since the turn of the year. Take a look at the twelve-month chart. Find where the shares were on Jan. 3. Got it? Now, do you see what happened since then? I don’t think you can miss such a big drop.
The 52-week low for the retailer is $48.23; the 52-week high is $60.97. The equity finished down 0.7% to $51.30 on Monday. Volume, thankfully, was below average. That lack of conviction could be a saving grace.
Continue reading Target’s Pullback: View It as a Trading Opportunity?
Target’s Pullback: View It as a Trading Opportunity? originally appeared on BloggingStocks on Tue, 08 Mar 2011 10:00:00 EST. Please see our terms for use of feeds.
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Tags: India Share market, India Shares
Filed under: Earnings Reports, Wal-Mart (WMT)
Wal-Mart Stores, Inc. (WMT) is certainly the biggest icon in the retail industry. It doesn’t seem like such a big name today, though. With a few minutes left until the closing bell sounds, I see a quote of $53.64 for the stock, a price that represents a decline of over 3%. And the volume backing this move is very high, my friends.
The major indexes were volatile today, so that obviously played into the sell-off. However, the fourth-quarter report also gave investors some cause for concern. According to the press release, adjusted income from continuing businesses came in at $1.34 per share. This compares to an adjusted $1.21 per share in the year-ago period.
Continue reading Wal-Mart’s Q4 Report: Sell the Numbers?
Wal-Mart’s Q4 Report: Sell the Numbers? originally appeared on BloggingStocks on Tue, 22 Feb 2011 17:30:00 EST. Please see our terms for use of feeds.
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