Discount Retailer Gets Discounted
11.02.2010, 12:28
If investors were giving a small cheer for discount retailer Big Lots (NYSE: BLI - News) after its third-quarter results, they were also quick to boo the company after its latest performance.
Londoni szállodák
Shares dropped roughly 8% in recent trading as Big Lots once again struggled to meet Wall Street's expectations. It posted a profit (excluding one-time charges associated with store closings) of $0.33 per share for the fourth quarter, well off consensus analyst estimates of $0.43. Revenue growth of 6.1% also fell shy of anticipated results.
Keeping it fun, with eye on bottom line
10.01.2010, 11:26
The airline industry faces unprecedented turmoil these days as oil and labor costs soar, competition rages and passengers pinch pennies. Collectively, the carriers lost an estimated $10 billion last year. But one carrier, Southwest Airlines, the Texas-based discount giant, has been making money for 3 1/2 decades.
Londoni szállás
When Gary C. Kelly was named chief executive officer in 2004, he inherited the hefty burden of maintaining the streak. He also inherited 31,000 workers and 70 million passengers a year to please.
Baker: O's should stay open to idea of Hawkins as closer
01.11.2009, 17:24
The Chicago Cubs may have decided that LaTroy Hawkins wasn't cut out to be their full-time closer after the shaky start last year that cost him the job and eventually prompted a trade to the San Francisco Giants, but Cubs manager Dusty Baker won't discount the possibility that he could successfully fill that role if the Orioles need him in the ninth inning.
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How High Can Discount Airlines Fly?
22.10.2009, 14:13
As two more major airlines, Delta and Northwest, file for bankruptcy protection, it's the discount carriers that appear to be winning the battle for America's skies. Southwest Airlines, JetBlue, AirTran and other low-fare carriers are poised to capture even more market share at the expense of troubled legacy carriers.
Üdülési csekk elfogadóhelyek
But it's not only in the U.S. that discounters are giving the more established carriers a run for their money. Discounters are taking off in Mexico, India, China, Europe and points in between. What kind of competition do these discounters face, from the major airlines and from each other? And what obstacles, especially in countries like China, are governments and regulators putting in their way?
Shares of discount chains Stein Mart, Tuesday Morning fall on downgrades
03.09.2009, 08:12
Stein Mart, which is based in Jacksonville, Fla., sells brand-name clothing at discount prices.
Üdülési csekk
Wellness hétvége akciók
Tuesday Morning, Dallas, is a closeout retailer of name-brand merchandise.
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"It's a little insensitive to tell someone to buy Stein Mart right now with a $28 price target when the economy has so many headwinds against it," said Robin Murchison, an analyst with SunTrust Robinson Humphrey, who cut her rating on both stocks to "neutral" from "buy."
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