Posts Tagged ‘costco’

In part 3 of the weeklong series, Jim Cramer profiled Big Lots as a potential candidate to be the next “discount king”. The company has been able to beat Wall Street’s estimates and has increased its 2009 guidance. While same-store sales have been declining, Cramer believes that trends will change by the end of the year. With the stock trading at a discount to peer ... Full story

The Dow Jones Industrial average extended its rally for a seventh consecutive day, gaining 4 points to close at 9,543 on Wednesday. New positive economic data continued to fuel the stock market rally. However, the rally appears to be tapering off as a more cautious sentiment becomes prevalent in the market. Full story