Macy’s, Best Buy Signal That Consumer Spending Still Decelerating (BBY, M)
Macy’s reported a $44 million loss in the 3rd quarter today on a 6% decline in comparable sales. While the comps result was slightly better than competitors like J.C. Penney (JCP) and Kohl’s (KOL), Macy’s somehow still felt it could reiterate its previous guidance for $1.10 to $1.30 EPS in the 4th quarter. But here’s [...]
NVIDIA Chosen for New MacBooks - Verdict & Prospects
Some good news today on the NVIDIA front, as Apple announced the specs of the new MacBooks; Despite rampant suspicion of a lower price range for low-end models ($800-$1000), most prices were kept the same except for the bottom offering, which now goes for $999. While not a bull on Apple right now, I respect [...]
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Investopedia Commentary- Where Third Avenue Sees Value (BAM, GGP, SPG, ESV, NBR)
- America's Biggest Companies Look Reasonably Priced (XOM, MSFT, QQQQ, AIG, BAC)
- Sandridge Energy Shifts Towards Oil (SD, OXY)
- Stong Dividends Worth A Look (AINV, STD, FNF, NYB, PBCT, NLY, CIM, EQR, HRP, MFA)
- The Bear Market Bottom - One Year Later (SMRT, FITB, DNDN, LVS)
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