Cowen Remains Bullish on TJX Cos. (TJX) Following 3Q

UBS Remains Bullish as TJX Cos. (TJX) Reports 3Q Results

November 16, 2016 9:38 AM EST

UBS reiterated a Buy rating and $81.00 price target on The TJX Companies (NYSE: TJX) following the company's 3Q earnings report. TJX withheld its customary commentary on current quarter trends, potentially signalling a slower start to 4Q. As the Euro and Pound weaken... More

Wedbush Raises Price Target on TJX Cos. (TJX) to $85 Following 3Q Report

November 16, 2016 7:40 AM EST

Wedbush reiterated an Outperform rating on The TJX Companies (NYSE: TJX), and raised the price target to $85.00 (from $84.00), following the company's 3Q earnings report. TJX reported 3Q16 EPS of $0.91, $0.04 above consensus and guidance of $0.83-$0.85. TJX raised FY guidance to $3.46-$3.48 up from... More

Stifel Cuts Price Target on TJX Cos. (TJX) to $86 Following 3Q

November 15, 2016 5:14 PM EST

Stifel maintained a Buy rating on The TJX Companies (NYSE: TJX), and cut the price target to $86.00 (from $92.00), following the company's 3Q earnings report. TJ Maxx reported adjusted 3Q EPS of $0.91, $0.04 above consensus estimates. The beat was driven by stronger sales and better than expected... More

TJX comparable store sales beat as discounts attract shoppers

November 15, 2016 8:59 AM EST

(Reuters) - TJX Cos Inc (NYSE: TJX), operator of off-price retailers T.J. Maxx and HomeGoods, reported better-than-expected quarterly comparable store sales as its discounted offerings continue to attract shoppers.

Shares of the company, which also owns Marshalls retail chain, were up 1.6 percent at $75.40 before the bell on... More

TJX Cos. (TJX) Tops Q3 EPS by 4c; Comps Beat Views

November 15, 2016 8:33 AM EST

TJX Cos. (NYSE: TJX) reported Q3 EPS of $0.91, $0.04 better than the analyst estimate of $0.87. Revenue for the quarter came in at $8.3 billion versus the consensus estimate of $8.22 billion.

Comps rose 5 percent, versus a 3.6 percent gain expected.

TJX sees FY17 comparable-store sales growth around 4... More

Maverick Capital 13F Shows New Stakes in Blue Buffalo Pet (BUFF), Dollar General (DG), Increase in ABI (BUD), Philip Morris (PM), (More...)

November 14, 2016 4:56 PM EST

Maverick Capital released its 13F for the quarter ended Sept. 2016. Below is a summary

New Stakes
Akorn, Inc. (NASDAQ: AKRX) new 116,040 share position
ALTISOURCE REG (NASDAQ: ASPS) new 35,340 share position
Analog Devices, Inc. (NASDAQ: ADI) new 50,120 share position
Applied Materials Inc (NASDAQ: AMAT) new 105,100 share position
Best Buy Co. Inc. (NYSE: BBY) new 81,490 share position
Blue Buffalo Pet Products (NASDAQ: BUFF) new 121,640 share position
Childrens Place (NASDAQ: PLCE) new 37,899 share... More

Meister's Corvex Management Reports New Stakes in BofA (BAC), Biogen (BIIB) for Q3 - 13F

November 14, 2016 3:17 PM EST

Keith Meister's Corvex Management filed its 13F for Q316 today

In part, the fund took new positions in Bank of America and Hain Celestial, while selling out of Monsanto and Allergan.

Raised stakes included Signet Jewelers and Commscope.

New Stakes
Bank of America Corp (NYSE: BAC) new 2,370,000 share position
BIOGEN IDEC Inc. (NASDAQ: BIIB) new 52,000 share position
Coca-Cola Enterprises (NYSE:... More

TJX Cos. (TJX) November 75 and 75.50 calls active into Q3 and outlook

November 14, 2016 2:35 PM EST

TJX Cos. (NYSE: TJX) November call option implied volatility is at 57, December is at 27; compared to its 52-week range of 17 to 44 into Q3. November 75 and 75.50 calls are active on total call volume of 8,900 contracts (4,500 puts).

... More

Trading Radar for 11/15: Home Depot (HD), Dick's Sporting Goods (DKS), JD.com (JD), Mobileye (MBLY), TJX Cos. (TJX) Report

November 14, 2016 1:42 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Retail Sales - Street sees 0.6%Empire Manufacturing - Street sees (0.5)

Earnings:

Ability, Inc. (Nasdaq: ABIL) - consensus EPS $0.24
Alcobra Ltd. (Nasdaq: ADHD) - consensus loss... More

Omega Advisors' 13F Shows New Stakes Cliffs (CLF) and Pandora Media (P), Decrease in Chimera (CIM), Liquidated Netflix (NFLX) (More...)

November 14, 2016 11:26 AM EST

Leon G. Cooperman's Omega Advisors filed its 13F for the quarter ending Sept 30, 2016. Below is a summary.

New Stakes
Audentes Therapeutics (NASDAQ: BOLD) new 45,800 share position
BMC Stock Holdings, Inc. (NASDAQ: BMCH) new 91,200 share position
CALLON PETROLEUM COMPANY (NYSE: CPE) new 182,500 share position
Chesapeake Energy (NYSE: CHK) new 273,650 share position
Cliffs Natural Resources (NYSE: CLF) new 1,140,100 share position
Ctrip.com International, Ltd. (NASDAQ: CTRP) new 185,300 share position
Dell Technologies Inc. (NYSE:... More

J.C. Penney posts surprise drop in same-store sales, shares slip

November 11, 2016 7:42 AM EST

By Siddharth Cavale

(Reuters) - J.C. Penney Co Inc (NYSE: JCP) reported a surprise 0.8 percent fall in quarterly comparable-store sales on Friday, reflecting weak traffic, increasing competition from online and off-price retailers and a general shift away from spending on apparel.

The company said a warmer-than-usual September and disruptions caused by the company's rollout of appliance showrooms in 500 stores during the quarter also hurt sales.

As a result Penney, cut its full-year sales growth forecast for stores open at least a year to 1-2 percent from 3-4 percent.

Analysts on... More