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Retailers Are Top Stocks to Watch Today as WMT, JCP, and More Follow Macy's Miss

By , Contributing Writer, Money Morning -

Stocks to watch

A bad year to date for retailers doesn't appear to be getting any better.

Macy's Inc. (NYSE: M) stock swooned 5% to $56 Wednesday after reporting Q2 earnings shy of estimates and trimming its sales outlook for the full year.

That's why the earnings reports of these four big retailers make them the stocks to watch today - can they beat the retail slump?

Earnings Calendar for Q2 2014: Five Key Players to Watch

By , Contributing Writer, Money Morning -

earnings calendar

2014 Q2 Earnings Calendar: The unofficial start to earnings season launches today (Tuesday) with Alcoa Inc. (NYSE: AA) reporting second quarter numbers after the close.

Just four companies in the S&P 500 post earnings this week. The bulk of reports flood in during the weeks of July 21 and July 28, with big retailers reporting in August. Following are a few key earnings reports to watch.

May Jobs Report Leads the Dow Jones Today

By , Behavioral Trading Specialist, Money Morning -

Dow Jones Today

Stock market news today, June 6, 2014: The Dow Jones Industrial Average reached a record high again on Thursday after the European Central Bank announced plans to cut interest rates and possibly consider stimulus efforts. The ECB slashed its main refinancing rate to a historic low from 0.25% to 0.15%. It also cut its deposit rate to -0.1%.

Here are the top stories to watch to make your Friday profitable:

Penny Stocks to Watch 2014: Cash In on These Three Breakout Opportunities

By , Associate Editor, Money Morning • @KyleAndersonMM -

penny stocks to buy

Penny stocks to watch 2014: The best penny stocks can have huge profit potentials, and investors who buy in at the right time can see huge gains in a matter of days. But first, investors need to know where to look...

Some of the top penny stocks have been in on the ground-floor of burgeoning markets, while others have been the takeover targets of large corporations. Pharmaceutical companies working on breakthrough drugs can also be big winners.

With that in mind, here are three of the best penny stocks to watch in 2014…

Sears Stock (Nasdaq: SHLD) Remains on "Death Watch" After Today's Earnings

By , Associate Editor, Money Morning • @TaraKateClarke -

American icon

Sears stock (Nasdaq: SHLD) slumped 4% in premarket trading this morning (Thursday) before announcing financial results for its first quarter, which ended May 3. Overall, Sears posted a loss of $2.24 per share, vastly widening from Q1 2013's loss of $1.29 per share. The numbers were way off from analysts' more optimistic expectations of a projected loss of $1.91 per share. Revenue fell 6.8% to $7.88 billion.

Not much has changed in recent years for the retailer, which merged with Kmart in 2005.

You see, today's earnings are just another "nail in the coffin" in a long line of hits to SHLD stock - in fact, they mark 28 straight quarters of revenue drops for the retailer.

Here’s why investors should continue to steer clear of this “death watch” stock…

Wal-Mart Stores Inc. (NYSE: WMT) Earnings Preview: Whether a Hit or a Miss, Don't Buy

By , Associate Editor, Money Morning • @TaraKateClarke -

[rwc_chart_single name="WMT"]

Thursday, Wal-Mart Stores Inc. (NYSE: WMT) will report fourth-quarter earnings before opening bell. A challenging retail environment and recent restructuring are likely to keep Wal-Mart from beating - or even meeting - expectations.

That's just one reason investors should steer clear of Wal-Mart stock.

The retail superstore has missed Wall Street expectations in three of the last eight quarters and averages a 1% stock loss in the week following earnings.

This time around, it is expected to report fourth-quarter earnings per share (EPS) of $1.37 on revenue of $130.55 billion, compared with a profit of $1.67 per share on revenue of $127.92 billion in the same quarter a year ago.

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