Wednesday May 27, 8:34 am Eastern
U.S. chain store sales up 0.1 pct -
NEW YORK, May 27 (Reuters) - U.S. chain store sales
rose 0.1 percent in the week ended May 23 versus the
according to the seasonally adjusted
BTM/Schroders weekly chain store sales index.
year-over-year basis, the adjusted sales index rose 10.5
percent, the report said.
Sales were generally
above-plan for most retailers, with discounters leading the
way, BTM reported.
Seasonal goods, home
improvement, electronics, music and books sold well in the
week, while the West coast continued to
sales, BTM said.
That advice was written during the early 70s when
there was NO pressure on specialists to make an
efficient market, neither from the SEC, the floor brokers,
or alternative markets. NASDAQ wasn't considered a
"real" market, nor did alternative markets, such as
AutEx (and later Bridge, Bloomberg, etc.) have the
strength to give an alternative for price
About the only piece of advice on that list that still
makes absolute sense in #8.
of the information in this listing is completely
misleading, stripped of context. It also smacks of
"consiparcy theory". Good luck finding Area 51.
"S&P Maintains Strong Buy Recommendation on
analyst Karen Sack maintains her strong buy on Staples
after the office products retailer
posted slightly better than expected
earnings and strong same store sales growth of 11%.
maintains her fiscal 1999 (January) earnings per
share estimate of $0.75,
up 47% from fiscal 1998.
Sack thinks earnings will grow at least 30%
annually over the next few years. Get unbiased opinions on
stocks in the
news every trading day from S&P STARS
Picks and Pans.
"Swisher Sees Lower Than Expected
Second Quarter Earnings"