BIG News Friday, May 30, 2014 8:32:30 PM $BIG
Why Allergan, Big Lots, and Cheniere Energy Jumped Today
Dan Caplinger, The Motley Fool - Motley Fool - 1 hr 27 mins ago
For most of Friday's session, stocks languished in negative territory, as investors remained uncertain about whether the market could build on gains from earlier in the week. Yet by the close, both the S&P 500 and the Dow had hit new all-time...
Big Lots beats, shares spike
at Investor's Business Daily - 2 hrs 44 mins ago
The closeout retailer reported Q1 earnings of 50 cents a share, down 18% from last year but topping analyst views by 6 cents. According to the company, sales rose 1.1% to $1.28 bil, edging out analyst projections of $1.26 bil. Big Lots (BIG) shares...
Why Shares of Big Lots, Inc. Jumped
Jeremy Bowman, The Motley Fool - Motley Fool - Fri May 30, 4:24PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Big Lots, were up as much as 15% today on...
Watch for Big Lots to Potentially Pullback After Gaining 13.14% Yesterday
Comtex SmarTrend(R) - Fri May 30, 3:51PM CDT
Big Lots (NYSE:BIG) traded in a range yesterday that spanned from a low of $41.40 to a high of $43.20. Yesterday, the shares gained 13.1%, which took the trading range above the 3-day high of $38.41 on volume of 7.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Stocks Mixed on Weaker Spending and Sentiment Results
at The Street - Fri May 30, 3:18PM CDT
Stocks close mixed Friday following weaker-than-expected consumer spending, which accounts for 70% of overall economic activity. A consumer sentiment reading also is weaker. Yet markets are looking to close historically weak May on a high, with the...
Leaner Big Lots' Q1 Beat Sends Shares Soaring
at Investor's Business Daily - Fri May 30, 11:45AM CDT
Closeout retailer Big Lots' (BIG) shares spiked 13% after Q1 earnings and sales topped views as the company moves to tighten operations. Big Lots' earnings dropped 18% from the year-earlier quarter to 50 cents a share, but that still beat analysts'...
Big Lots shares hit 2-year high on strong quarter
AP - Fri May 30, 11:37AM CDT
NEW YORK (AP) — Shares of Big Lots jumped to a two-year high Friday after the discount retailer reported better-than-expected first-quarter results and boosted its outlook for the year.
Why Big Lots (BIG) Stock Is Up Today
at The Street - Fri May 30, 10:49AM CDT
Big Lots (BIG) stock is spiking Friday after the discounts chain reported better-than-expected net income and sales over its first quarter.
Stock Market Today: Big Lots Surprises and Lions Gate Disappoints
Demitrios Kalogeropoulos, The Motley Fool - Motley Fool - Fri May 30, 8:25AM CDT
The Dow Jones Industrial Average has lost 17 points in pre-market trading, suggesting a flat start for stocks today. Still, the Dow could easily close out the month on a high note: the average is just 0.1%, or 16 points, below the record high it...
Stocks on Track for Positive Finish in May Even as U.S. Futures Slip
at The Street - Fri May 30, 7:17AM CDT
U.S. stock futures are slipping on Friday as markets digest disappointing home sales data and a negative result for first-quarter GDP released a day earlier. However, even as futures point to slight softness over the session, markets are looking to...
May 30 Premarket Briefing: 10 Things You Should Know
at The Street - Fri May 30, 7:13AM CDT
U.S. stock futures are lower; Shelly Sterling reaches an agreement to sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer; the U.S. is seeking a $10 billion penalty from BNP Paribas, a report says.
Big Lots Reports First Quarter Income From Continuing Operations Of $0.50 Per Diluted Share
PR Newswire - Fri May 30, 5:00AM CDT
Big Lots, Inc. (NYSE: BIG) today reported income from continuing operations of $28.6 million, or $0.50 per diluted share, for the first quarter of fiscal 2014 ended May 3, 2014. This result exceeds our guidance of $0.40 to $0.45 per diluted share issued on March 7, 2014 and compares to adjusted income from continuing U.S. operations of $40.3 million, or $0.70 per diluted share (non-GAAP), for the first quarter of fiscal 2013. Net sales for continuing operations for the first quarter of fiscal 2014 increased 1.1% to $1,281.3 million, compared to net sales from continuing U.S. operations of $1,267.0 million for the same period of fiscal 2013. Comparable store sales for stores open at least fifteen months increased 0.9% for the quarter, compared to our guidance of slightly negative to slightly positive. As a reminder, our Canadian operations and wholesale operations are now treated as discontinued operations. A reconciliation of all non-GAAP amounts to the most comparable GAAP amounts is provided later in this release.
Will Big Lots (BIG) Disappoint This Earnings Season? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 3:08PM CDT
Our proven model does not conclusively project Big Lots Inc. (BIG) as likely to beat earnings this quarter.
Costco Profit Hurt By Weak Gas Prices, Exchange Rates
at Investor's Business Daily - Thu May 29, 10:35AM CDT
Costco Wholesale (COST) reported higher fiscal third-quarter revenue and earnings. Although earnings per share came in lighter than expected, investors gave it a pass as it posted respectable results despite a rough winter for retailers, and shares...
29.5% Return Seen to Date on SmarTrend Big Lots Call (BIG)
Comtex SmarTrend(R) - Tue May 27, 11:19AM CDT
SmarTrend identified an Uptrend for Big Lots (NYSE:BIG) on February 26th, 2014 at $28.85. In approximately 3 months, Big Lots has returned 29.46% as of today's recent price of $37.35.
Will This Target Price Increase Help Big Lots (BIG) Stock Today?
at The Street - Tue May 27, 8:19AM CDT
Big Lots (BIG) stock has had its price target increased to $42 from $40, Deutsche Bank said Tuesday. Analysts said they now feel more confident about top-line trends at the chain, especially within the food and seasonal categories.
Consumer Discretionary Stocks Technical Insight -- Research on Michael Kors Holdings, TJX Cos, Vipshop Holdings, and Big Lots
PR Newswire - Fri May 23, 7:00AM CDT
On Thursday, May 22, 2014, the NASDAQ Composite ended at 4,154.34, up 0.55%, the Dow Jones Industrial Average finished the day 0.06% higher at 16,543.08, and the S&P 500 closed at 1,892.49, up 0.24%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 511.23, up 0.48%, with the index also advancing 0.78% in the past three trading sessions. Investor-Edge has initiated coverage on the following equities: Michael Kors Holdings Ltd (NYSE: KORS), The TJX Companies, Inc. (NYSE: TJX), Vipshop Holdings Limited (NYSE: VIPS) and Big Lots Inc. (NYSE: BIG). Free technical research on KORS, TJX, VIPS and BIG can be downloaded upon signing up at:
Tough Retail Earnings Environment - Earnings Preview
Sheraz Mian - ZACKS - Fri May 23, 1:20AM CDT
Tough Retail Earnings Environment - Earnings Preview
Why Allergan, Big Lots, and Cheniere Energy Jumped Today
Dan Caplinger, The Motley Fool - Motley Fool - 1 hr 27 mins ago
For most of Friday's session, stocks languished in negative territory, as investors remained uncertain about whether the market could build on gains from earlier in the week. Yet by the close, both the S&P 500 and the Dow had hit new all-time...
Big Lots beats, shares spike
at Investor's Business Daily - 2 hrs 44 mins ago
The closeout retailer reported Q1 earnings of 50 cents a share, down 18% from last year but topping analyst views by 6 cents. According to the company, sales rose 1.1% to $1.28 bil, edging out analyst projections of $1.26 bil. Big Lots (BIG) shares...
Why Shares of Big Lots, Inc. Jumped
Jeremy Bowman, The Motley Fool - Motley Fool - Fri May 30, 4:24PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Big Lots, were up as much as 15% today on...
Watch for Big Lots to Potentially Pullback After Gaining 13.14% Yesterday
Comtex SmarTrend(R) - Fri May 30, 3:51PM CDT
Big Lots (NYSE:BIG) traded in a range yesterday that spanned from a low of $41.40 to a high of $43.20. Yesterday, the shares gained 13.1%, which took the trading range above the 3-day high of $38.41 on volume of 7.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Stocks Mixed on Weaker Spending and Sentiment Results
at The Street - Fri May 30, 3:18PM CDT
Stocks close mixed Friday following weaker-than-expected consumer spending, which accounts for 70% of overall economic activity. A consumer sentiment reading also is weaker. Yet markets are looking to close historically weak May on a high, with the...
Leaner Big Lots' Q1 Beat Sends Shares Soaring
at Investor's Business Daily - Fri May 30, 11:45AM CDT
Closeout retailer Big Lots' (BIG) shares spiked 13% after Q1 earnings and sales topped views as the company moves to tighten operations. Big Lots' earnings dropped 18% from the year-earlier quarter to 50 cents a share, but that still beat analysts'...
Big Lots shares hit 2-year high on strong quarter
AP - Fri May 30, 11:37AM CDT
NEW YORK (AP) — Shares of Big Lots jumped to a two-year high Friday after the discount retailer reported better-than-expected first-quarter results and boosted its outlook for the year.
Why Big Lots (BIG) Stock Is Up Today
at The Street - Fri May 30, 10:49AM CDT
Big Lots (BIG) stock is spiking Friday after the discounts chain reported better-than-expected net income and sales over its first quarter.
Stock Market Today: Big Lots Surprises and Lions Gate Disappoints
Demitrios Kalogeropoulos, The Motley Fool - Motley Fool - Fri May 30, 8:25AM CDT
The Dow Jones Industrial Average has lost 17 points in pre-market trading, suggesting a flat start for stocks today. Still, the Dow could easily close out the month on a high note: the average is just 0.1%, or 16 points, below the record high it...
Stocks on Track for Positive Finish in May Even as U.S. Futures Slip
at The Street - Fri May 30, 7:17AM CDT
U.S. stock futures are slipping on Friday as markets digest disappointing home sales data and a negative result for first-quarter GDP released a day earlier. However, even as futures point to slight softness over the session, markets are looking to...
May 30 Premarket Briefing: 10 Things You Should Know
at The Street - Fri May 30, 7:13AM CDT
U.S. stock futures are lower; Shelly Sterling reaches an agreement to sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer; the U.S. is seeking a $10 billion penalty from BNP Paribas, a report says.
Big Lots Reports First Quarter Income From Continuing Operations Of $0.50 Per Diluted Share
PR Newswire - Fri May 30, 5:00AM CDT
Big Lots, Inc. (NYSE: BIG) today reported income from continuing operations of $28.6 million, or $0.50 per diluted share, for the first quarter of fiscal 2014 ended May 3, 2014. This result exceeds our guidance of $0.40 to $0.45 per diluted share issued on March 7, 2014 and compares to adjusted income from continuing U.S. operations of $40.3 million, or $0.70 per diluted share (non-GAAP), for the first quarter of fiscal 2013. Net sales for continuing operations for the first quarter of fiscal 2014 increased 1.1% to $1,281.3 million, compared to net sales from continuing U.S. operations of $1,267.0 million for the same period of fiscal 2013. Comparable store sales for stores open at least fifteen months increased 0.9% for the quarter, compared to our guidance of slightly negative to slightly positive. As a reminder, our Canadian operations and wholesale operations are now treated as discontinued operations. A reconciliation of all non-GAAP amounts to the most comparable GAAP amounts is provided later in this release.
Will Big Lots (BIG) Disappoint This Earnings Season? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 3:08PM CDT
Our proven model does not conclusively project Big Lots Inc. (BIG) as likely to beat earnings this quarter.
Costco Profit Hurt By Weak Gas Prices, Exchange Rates
at Investor's Business Daily - Thu May 29, 10:35AM CDT
Costco Wholesale (COST) reported higher fiscal third-quarter revenue and earnings. Although earnings per share came in lighter than expected, investors gave it a pass as it posted respectable results despite a rough winter for retailers, and shares...
29.5% Return Seen to Date on SmarTrend Big Lots Call (BIG)
Comtex SmarTrend(R) - Tue May 27, 11:19AM CDT
SmarTrend identified an Uptrend for Big Lots (NYSE:BIG) on February 26th, 2014 at $28.85. In approximately 3 months, Big Lots has returned 29.46% as of today's recent price of $37.35.
Will This Target Price Increase Help Big Lots (BIG) Stock Today?
at The Street - Tue May 27, 8:19AM CDT
Big Lots (BIG) stock has had its price target increased to $42 from $40, Deutsche Bank said Tuesday. Analysts said they now feel more confident about top-line trends at the chain, especially within the food and seasonal categories.
Consumer Discretionary Stocks Technical Insight -- Research on Michael Kors Holdings, TJX Cos, Vipshop Holdings, and Big Lots
PR Newswire - Fri May 23, 7:00AM CDT
On Thursday, May 22, 2014, the NASDAQ Composite ended at 4,154.34, up 0.55%, the Dow Jones Industrial Average finished the day 0.06% higher at 16,543.08, and the S&P 500 closed at 1,892.49, up 0.24%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 511.23, up 0.48%, with the index also advancing 0.78% in the past three trading sessions. Investor-Edge has initiated coverage on the following equities: Michael Kors Holdings Ltd (NYSE: KORS), The TJX Companies, Inc. (NYSE: TJX), Vipshop Holdings Limited (NYSE: VIPS) and Big Lots Inc. (NYSE: BIG). Free technical research on KORS, TJX, VIPS and BIG can be downloaded upon signing up at:
Tough Retail Earnings Environment - Earnings Preview
Sheraz Mian - ZACKS - Fri May 23, 1:20AM CDT
Tough Retail Earnings Environment - Earnings Preview
