Wednesday, April 7, 2010 as of 11:14 AM ET
Big Lots, Inc. () is a Fortune 500 retail corporation with annual revenues well over $4 billion.
Read More at Wikipedia ›Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.
While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...These stocks are down on high volume today:Best Buy (NYSE: BBY ) is trading down on above-average volume today, seeing a price drop on a volume of 19.4 million, or 2...
Electronics retailer Best Buy Co. fell 6.4% on Thursday after the company swung to a fourth-quarter loss. Its sales results and guidance also disappointed. Best Buy ...
Besides couponing, there are so many different ways to save money on your grocery bill -- if only you knew the ins and outs of your favorite store's policies and pro...
FBN breaks down stocks dragging down today's markets.
FBN's Robert Gray with news that Big Lots stock is down on the retailer's predictions for a weaker-than-expected first quarter, and Union Pacific's CEO Jim Young is taking a medical leave of absence.
Big Lots (NYSE:BIG) revealed a 20% increase in fourth-quarter profit on stronger comp-store sales in the U.S., however the closeout retailer's shares slipped on a di...
Big Lots on Friday reported a fourth-quarter profit of $114.7 million, or $1.75 a share, up from $110.1 million, or $1.46 a share a year earlier. Sales for the Colum...
("UPDATE: US Retailers' January Sales Generally Solid," at 9:41 a.m. EST, misstated Target's same-store-sales estimate in the sixth paragraph. The error also appears...
The U.S. Consumer Product Safety Commission on Thursday announced a recall of about 44,000 floor lamps imported and sold by retailer Big Lots . The Chinese-made prod...
Jordan Goodman of MoneyAnswers.com breaks down why retail sales will be up 5% year-over-year.
Retail stocks rose with the broader markets on Tuesday after the Commerce Department showed new construction of U.S. houses rose in November to the highest annual ra...
Shares of U.S. retailers edged lower early Thursday, with the S&P Retail Index ticking down to 539 points. Modest gains came from Nordstrom's , Northface maker VF Co...
These stocks are up on high volume today:Trading with a volume of 3.8 million, or 2.6 times its average daily volume, PetSmart (NASDAQ:PETM) is up on high volume tod...
Slammed by slumping same-store sales, Big Lots (NYSE:BIG) suffered a deeper-than-expected 22% slide in first-quarter sales and cut its full-year guidance.The gloomy ...
Big Lots Inc., the Columbus, Ohio, closeout retailer, reported fiscal-first-quarter net income declined 22% on 5.5% higher sales. For the quarter ended April 28, Big...
Rep. David Schweikert, (R-Ariz.), and Harvard Economist Jeffrey Miron on J.P. Morgan’s losses and whether regulations could have prevented it.
Kohl's Corp. shares fell 3.2% on Thursday after the mid-priced department store operator reported a disappointing second-quarter outlook. Avon Products Inc. fell 1.2...
Big Lots Inc. shares tumbled 21% to $36 on Tuesday after the closeout retailer said late Monday that its first-quarter U.S. comparable sales would decline instead of...
Closeout retailer Big Lots warned after the closing bell Monday that fiscal first-quarter U.S. same-store sales will be "slightly negative," after previously guiding...
