Amazon Downgraded Needham & Company downgraded Amazon (AMZN) from Buy to Hold.In a story by Barron’s the firm said that although it believes the online retailer is one of the premier US companies and should be a core holding in investor’s portfolios it thinks the stock is getting ahead of itself.Needham says the current price now implies a long-term revenue growth that will be increasingly difficult to achieve. Its valuation model assumes an annual revenue growth rate at 25% for 10 years while maintaining a 25% margin. Using this assumption it translates at a price target of $120. From ...

JCPenney had another rough quarter, but sees a cautiously improved outlook for the rest of this year.

Retail stocks decline after BJ’s Wholesale Club reports a 37% decline in its third-quarter profit and the midpoint of its full-year profit forecast range falls short of Wall Street’s expectations.

Surprise! It's Christmas! (again...) Christmas always seemed to surprise me when I was first living on my own. It would be about this time of year I realized that I needed to spend a large sum of money on gifts. It was an emergency like having to buy a new set of tires at Sears (SHLD) after backing up over those spiked car gates. And after a while it got very tiring being surprised by a date marked on everyone's calendar. So one fine November (are there any fine Novembers weatherwise?) I made a plan to handle the next ...

Retail stocks rise after the Commerce Department reported better-than-expected October sales, giving hope that consumer spending may hold up heading into the holiday season despite a record-high unemployment rate.

Irresistible Black Friday Specials – Beginning at 4 a.m. – Make JCPenney Ultimate Black Friday Destination This Season

JCPenney Helps Gift-Givers Dodge the “Doghouse” Again This Season