Ao minuto: "Uma civilização inteira morrerá esta noite", ameaça Trump. Casa Branca nega planos para uso de armas nucleares no Irão

[englishman]

Depois das saídas da Blockbuster (BBI) e Sun Microsystems (SUNW), hoje será a vez da Fred´s, Inc. visto ter tido um fecho abaixo do meu valor de stop na sessão de ontem: 14,92 contra 14,99...

Abraços.
EMan

[englishman]

stop ajustado para os 14.99...

Abraços.
EMan

Fred's closes at new 52-week high
Friday March 23, 5:14 pm ET

The stock of Fred's Inc. closed at a new 52-week on Friday.

The Memphis-based discount retailer recently reported record sales of $143.9 million for the four-week period ending March 3, up 8 percent compared to same period in February 2006.

Shares of Fred's (NASDAQ: FRED - News) closed up 36 cents per share to $15.62, besting its 52-week high of $15.45. In January 2004, the company's stock traded at more than $30 per share.

Fred's operates 701 discount general merchandise stores, including 24 franchised Fred's stores, in the southeastern U.S.

Published March 23, 2007 by the Memphis Business Journal

[englishman]

FRED... UP e stop ajustado para os 14.65.

Abraços.
EMan

[englishman]

A FRED tem vindo a traçar uma tendência ascendente encontrando-se Bullish em todos os períodos.
Apesar de ter uma resistência numa zona entre os 15.00/15.25 que corresponde aos anteriores máximos está em boa posição para vencê-las e alcançar os valores perto dos 17.50 dólares.

Compra:
Aos valores actuais.

Stop-loss: 14.06

Risco: 2
Nota: O gráfico ainda não tem a sessão de hoje.
Abraços.
EMan

Fred's Rises on Same-Store Sales Report
Thursday March 8, 5:56 pm ET
Fred's Shares Rise More Than 6 Percent After Same-Store Sales Gain, Wedbush Morgan Upgrade

NEW YORK (AP) -- Fred's Inc. closed up more than 6 percent Thursday, after the discount retailer posted strong same-store sales gains for February, prompting an upgrade by Wedbush Morgan Securities.

Same-store sales, or sales in stores open at least a year, are considered a key measure of retail performance.
Fred's shares rose 87 cents, or 6.5 percent, to close at $14.33 on the Nasdaq Stock Market, where the stock has traded between $11.30 and $15.32 over the past 52 weeks.

Fred's reported Thursday its February same-store sales rose 3.9 percent, which the company attributed in part to its end-of-month circular. The results exceeded expectations of analysts polled by Thomson Financial, who predicted a 2 percent gain.

Wedbush Morgan analyst Joan Storms upgraded Fred's stock to "Buy" from "Hold" and raised her price target to $17 from $12.

Storms said the company's new branding campaign and store and product refresher programs will help drive sales. She also noted Fred's plan to increase the number of stores with pharmacies will boost revenue.

The company's initiatives to close underperforming stores and reduce supply chain expenses also are likely to help improve Fred's margin.

On a more cautious note, Storms reduced her fiscal 2007 earnings per share estimate to 77 cents from 80 cents due to potential cost pressures from generic drug pricing and the federal minimum wage increase.

Morgan Keegan & Co. analyst John R. Lawrence, who maintained a rating of "Outperform," also expects the company to sustain its momentum. "Aggressive marketing efforts, ongoing store refreshing program and favorable economic environment for low-end consumers should continue to drive the sales," he said.

Robert W. Baird & Co. analyst J. David Cumberland, however, had a less optimistic view of Fred's short-term prospects. Cumberland, who maintained a "Neutral" rating on the stock, said the company has shown slower growth recently, although its long-term outlook remains encouraging.

Fred's posts record February sales
Thursday March 8, 1:11 pm ET

Fred's Inc. reported record total sales of $143.9 million for the four-week period ending March 3, an 8 percent increase compared to total sales of $133.4 million for last February.

Fred's (NASDAQ: FRED - News) operates 701 discount general merchandise stores, including 24 franchised Fred's stores in the southeastern U.S. The company is based in Memphis.
Fred's comparable store sales for the month increased 3.9 percent compared to 0.3 percent in the same period last year.

"We are pleased to begin our new fiscal year with a solid start," said Fred's CEO Michael J. Hayes in a statement. "February sales reflected an ongoing improvement in the performance of our general merchandise departments, driven by a very good response to our end-of-month circular and a resulting increase in customer traffic. We are gratified to open fiscal 2007 with this momentum, and we remain confident that our operational and marketing initiatives planned for the year will show a positive impact on our future performance."

In February, Fred's opened three new stores, closed three stores and began making improvements to more than 500 stores.

In 2007, the company plans on opening approximately 40 new stores and 15-25 new pharmacies. It also expects to close a few stores. The company plans to grow its total square footage by 1-3 percent this year.

Published March 8, 2007 by the Memphis Business Journal