Filed under: Stocks to Buy

As talk of a double-dip recession picks up and consumers progressively tighten their purse strings, the future is looking better and better for discount retailers like Tuesday Morning (TUES).

Tuesday Morning is a closeout retailer of upscale home furnishings, house wares, gifts, and related items that is seeing an increase in both shoppers and the amount those shoppers are spending at their stores.

The company announced Monday that it earned earned $1.3 million, or 3 cents per share, last quarter -- compared to a loss of $1.6 million, or 4 cents per share, a year earlier.

Continue reading Tuesday Morning Benefits as Consumers Tighten Purse Strings

Tuesday Morning Benefits as Consumers Tighten Purse Strings originally appeared on BloggingStocks on Mon, 23 Aug 2010 15:40:00 EST. Please see our terms for use of feeds.

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The JSE has benefited from a volatile first half as revenue soared by 14% and profits improved by more than 13% in the six months to June.

Filed under: AutoZone Inc (AZO), Stocks to Buy

A U.S. economic recovery in doubt means new car auto sales forecasts are in doubt, which is good news if you own shares of auto parts chain AutoZone Inc. (AZO). I first discussed AutoZone here on March 30, 2009, at a price of $163.40.

AutoZone is benefiting from a recession-related trend: Adults unable to buy a new car are maintaining their existing used cars; others are purchasing a used car instead of a new one. Each trend is bullish for AutoZone.

As a result, look for AutoZone to post revenue growth of 5% to 7%, boosted by both same-store sales growth and about 200 new stores. Margins should widen.

Continue reading AutoZone Benefits from Economic Doubt

AutoZone Benefits from Economic Doubt originally appeared on BloggingStocks on Fri, 30 Jul 2010 14:10:00 EST. Please see our terms for use of feeds.

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Life insurance beneficiaries seeking federal protection for their money should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.

Filed under: Earnings Reports, Johnson Controls (JCI)

Johnson Control (JCI) said Friday that a boost in auto production and new vehicle launches helped it turn in a profit during the fiscal third quarter. The company reported net income of $418 million, or 61 cents per share, during the quarter. Excluding one-time items, JCI earned 54 cents per share, missing the consensus estimate by a penny. Quarterly revenue came in at $8.54 billion, an increase of 22% and better than the expected $8.48 billion. The Milwaukee-based company also announced that it has agreed to up its stake in a joint venture with South Korean firm Delkor Corp. to 90%. The higher stake will cost the company $90 million. Delkor Corp. produces automotive batteries.

Continue reading Johnson Control Benefits From Auto Production

Johnson Control Benefits From Auto Production originally appeared on BloggingStocks on Fri, 23 Jul 2010 09:45:00 EST. Please see our terms for use of feeds.

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Dubai Financial Market (DFM) and Nasdaq Dubai jointly held a workshop for brokers to explain the benefits of the consolidation between the two exchanges which took place on July 11.

Investors in the capital markets will not benefit from the East African Community (EAC) market in the short-term.

Filed under: Analyst Upgrades and Downgrades, SanDisk Corp (SNDK)

Technology firm SanDisk (SNDK) is enjoying a nice morning thanks to favorable coverage from brokerage firm UBS.

The brokerage house upgraded SanDisk to buy from neutral and assigned a new target price of $55 per share, an elevation from $46 per share. UBS's analyst believes that strong second-half demand will outweigh any risks the stock may hold. The analyst predicts "better than expected ASP trends" continuing in the second half, combining with tight market supply to boost the shares.

Continue reading SanDisk Benefits from UBS Upgrade

SanDisk Benefits from UBS Upgrade originally appeared on BloggingStocks on Mon, 12 Jul 2010 11:40:00 EST. Please see our terms for use of feeds.

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Filed under: Rumors, Walgreen Co (WAG), CVS Corp (CVS)CVS Caremark (CVS) has received notice from Walgreen (WAG) that the latter would not participate as a provider in any new prescription drug plans awarded to CVS's pharmacy benefit manager after June 7.Walgreen feels that it's no longer "in the best interests of its customers, pharmacists and shareholders to grow its future business" with CVS. Any current CVS plans in which Walgreen is already a service provider will not be impacted.Continue reading Walgreen and CVS Caremark in Benefits RowWalgreen and CVS Caremark in Benefits Row originally appeared on BloggingStocks on Mon, 07 Jun 2010 12:20:00 EST. Please see our terms for use of feeds.Permalink | Email this | CommentsCVS Caremark - Pharmacy - Walgreen - Prescription drug - BloggingStocks

Filed under: Politics, RecessionSome 1.2 million people will run out of jobless benefits in June. Congress has gone on vacation without dealing with an extension of benefits.Nearly 10 million people are collecting unemployment benefits. A record 46% of the 15.3 million jobless Americans have been out of work six months or longer..The House of Representatives is working on a comprehensive jobs bill but cannot muster the votes needed for passage.Continue reading Lawmakers Set to Let Jobless Benefits ExpireLawmakers Set to Let Jobless Benefits Expire originally appeared on BloggingStocks on Tue, 01 Jun 2010 16:30:00 EST. Please see our terms for use of feeds.Read | Permalink | Email this | CommentsUnited States - Unemployment - Unemployment benefits - BloggingStocks - Politics