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Recreation and Retail Stocks Yield Mixed Results: TOY, WTSLA, TIF, AZO.
0 Comments | M2 Presswire, August, 2004
M2 PRESSWIRE-10 August 2004-InvestSource Inc.: Recreation and Retail Stocks Yield Mixed Results: TOY, WTSLA, TIF, AZO(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:08102004 Stocks in the News: Toys R Us Incorporated (NYSE: TOY), Wet Seal Incorporated (NASDAQ: WTSLA), Bentley Sports Incorporated, Tiffany & Company (NYSE: TIF) and AutoZone Incorporated (NYSE: AZO).
Toys R Us Incorporated (NYSE: TOY) shares gained 1.44 yesterday to close at $16.25 on above average trading volume. Smith Barney Citigroup upgraded Toys R Us yesterday from "Hold" to "Buy" while JP Morgan initiated coverage on the company last month at a "Neutral" rating. For the 13 weeks ended 5/1/04, net sales fell 3 to $2.06 billion while net loss rose 8 to $28 million. Wet Seal Incorporated...
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