Business

Dollar Tree Buys Family Dollar for $74.50 a Share

07/28/2014
By

Consolidation in the “dollar” stores continues as on Monday, July 28th, 2014 Dollar Tree announced they were going to acquire Family Dollar for $74.50. This was a premium of 25% to the stock price as of Friday’s close. Dollar stores have been a very hot topic lately as most retail investors are seeing there is...
Read more »

Posted in Business | Comments Off

Cavalier King Charles Spaniel Wins Toy Breed Group in Houston

07/28/2014
By
Cavalier King Charles Spaniel Wins Toy Breed Group in Houston

At the 2014 Houston World Series of Dog Shows a Cavalier King Charles Spaniel took first place in the toy breed group. CH GCH Forestcreek Louisiana Lagniappe, owned by Ron Scott, Debbie Burke and Colton & Heather Burke was best in show for the toy breed in Houston, Texas on July 18th, 2014. At one of...
Read more »

Posted in Business | Comments Off

GoPro Approaches $50 After IPO Price of $24

07/01/2014
By

On June 25th the market debut of GoPro took the investing world by storm. There was huge interest in this stock as it pushed up over $30 a share on its very first day of trading. This is not all that uncommon for tech stocks that IPO. When the stocks hit the public market...
Read more »

Posted in Business | Comments Off

Retailers Look for Strong Early Holiday Sales After Tough Market Close

10/09/2012
By

The stock market started out lower on Tuesday, October 9th, 2012 and it got worse throughout the day.  When all was said and done the NASDAQ dropped well below its 20 day moving average, down 1.5%.  Even though the market took a plummet today the bulls are still in charge as all three market...
Read more »

Posted in Business | Comments Off

Auto Sales Hit Highest Level in 4 Years

10/08/2012
By

Over the last several years auto sales have been increasing at a steady pace.  This is very good news for those that benefit from an improved economy.  A total of 1.19 million cars, trucks, vans and SUVs were sold in the month of September.  This is a 13 percent increase from one year ago....
Read more »

Posted in Business | Comments Off

Automotive Replacement Parts and Accessories Retailers Sink on June 27th

06/27/2012
By
Automotive Replacement Parts and Accessories Retailers Sink on June 27th

After O’Reilly Auto Parts lowered its second quarter sales and earnings guidance automotive replacement parts and accessories retailers dropped significantly.  By the end of the day O’Reilly was down over 14% and Autozone dropped 4.5%.  This is one of the largest drops for O’Reilly in the last few years as the automotive parts stocks...
Read more »

Posted in Business | Comments Off

Retail Stocks Sink Over 1% Prior to Major Sales Event

06/25/2012
By
Retail Stocks Sink Over 1% Prior to Major Sales Event

The Market Vectors Retail ETF (RTH) dropped just over 1% on Monday, June 25th, 2012.  This drop pushed the RTH well below its 50 day moving average.  Most major retailers are preparing for July 4th sales as the holiday is just over a week away.  Retail holidays often take place during a three day...
Read more »

Posted in Business | Comments Off

Energy Stocks End Week Down Over 3%

06/24/2012
By
Energy Stocks End Week Down Over 3%

On the week ending Friday, June 22nd, 2012 energy stocks were down over 3%.  The Energy Select Spider (XLE) plummeted 3.32% as many big named oil companies struggled throughout the week.  On Thursday, June 21st, the XLE dropped significantly as it pierced its 20 day moving average to the downside.  After the strong move...
Read more »

Posted in Business | Comments Off

TJ Maxx and Home Goods Parent TJX Companies, Inc Hits All Time High

06/19/2012
By
TJ Maxx and Home Goods Parent TJX Companies, Inc Hits All Time High

The low cost retailer WalMart has carved out a huge niche in the United States and abroad.  This niche started with the idea that a retailer could offer extremely low prices on all products.  A more recent retail model similar to this is TJX Companies, Inc.  TJX Companies, Inc owns TJ Maxx, Home Goods...
Read more »

Posted in Business | Comments Off

Speciality Retailers Lululemon Athletica and Michael Kors Find Support at Moving Averages

06/19/2012
By
Speciality Retailers Lululemon Athletica and Michael Kors Find Support at Moving Averages

Since the beginning of May many speciality retail stocks have taken a beating.  In fact, several of the leaders in the first part of the year dropped over 20% in less than a full month.  Recently, the S&P 500 found support at its 200 day moving average and many stocks have pushed higher.  Two...
Read more »

Posted in Business | Comments Off