Gilford Securities downgrades Callaway Golf (NYSE: ELY ) from Buy to Sell. 
Share:  <span class="sent"><span class="analyst">Gilford Securities</span> downgrades <span class="company">Callaway Golf</span> (NYSE: ELY ) from Buy to Sell.</span> Tweet this 

The Spanish Broadcasting System , a radio station owner, is in a legal battle with Arbitron over the matter Uncertainty over Arbitron's new system and its potential legal costs, as well as the weak US economy, led analyst James Boyle of Gilford Securities to lower his rating on the company from "buy" to "hold" Thursday 
Share:  The Spanish Broadcasting System , a radio station owner, is in a legal battle with <span class="company">Arbitron</span> over the matter<span class="sent"> Uncertainty over <span class="company">Arbitron</span>'s new system and its potential legal costs, as well as the weak US economy, led analyst <span class="analyst">James Boyle</span> of Gilford Securities to lower his rating on the company from "buy" to "hold" Thursday</span>...The Spanish Broadcasting System , a radio station owner, is in a legal battle with <span class="company">Arbitron</span> over the matter<span class="sent"> Uncertainty over <span class="company">Arbitron</span>'s new system and its potential legal costs, as well as the weak US economy, led analyst <span class="analyst">James Boyle</span> of Gilford Securities to lower his rating on the company from "buy" to "hold" Thursday</span>...<span class="sent">Uncertainty over <span class="company">Arbitron</span>'s new system and its potential legal costs, as well as the weak US economy, led analyst <span class="analyst">James Boyle</span> of Gilford Securities to lower his rating on the company from "buy" to "hold" Thursday</span> " But Robert Labick, director of research with CJS Securities, said he expects that <span class="company">Arbitron</span> and the radio station owners will resolve their differences over the new ratings system Labick said that although the expenses of rolling out the PPM system outweigh its gains now, he expects the company to start po Tweet this 

Gilford analyst says, "While we believe MEMC is a very well positioned company, and can benefit in the long term from solar demand and its competence in semi wafers, the stock will likely continue to languish in the low teens, until the street gets a better understanding of SunEdison business model and see a sustainable improvement in solar business 
Share:  <span class="sent"><span class="analyst">Gilford</span> analyst says, "While we believe <span class="company">MEMC</span> is a very well positioned company, and can benefit in the long term from solar demand and its competence in semi wafers, the stock will likely continue to languish in the low teens, until the street gets a better understanding of SunEdison business model and see a sustainable improvement in solar business</span> Tweet this 

With the latest urban focus, retailers are expected to invent formats that differ dramatically from current ones Gilford Securities analyst Bernard Sosnick expects Wal Mart to test a 10,000 square foot store featuring financial services, like check cashing The stores could also offer Wal Mart's entire merchandise through site to store, where shoppers buy online and have an item sent to a store "There's a place for a store at every bus stop, at every subway station," he said of the small store potential Wal Mart is emphasizing the success it is having running smaller stores internationally, especially in Mexico 
Share:  With the latest urban focus, retailers are expected to invent formats that differ dramatically from current ones<span class="sent"> Gilford Securities analyst <span class="analyst">Bernard Sosnick</span> expects <span class="company">Wal Mart</span> to test a 10,000 square foot store featuring financial services, like check cashing</span> The stores could also offer <span class="company">Wal Mart</span>'s entire merchandise through site to store, where shoppers buy online and have an item sent to a store "There's a place for a store at every bus stop, at every subway station," he said of the small store potential <span class="company">Wal Mart</span> is emphasizing the success it is having running smaller stores internationally, especially in Mexico...<span class="sent">Gilford Securities analyst <span class="analyst">Bernard Sosnick</span> expects <span class="company">Wal Mart</span> to test a 10,000 square foot store featuring financial services, like check cashing</span> The stores could also offer <span class="company">Wal Mart</span>'s entire merchandise through site to store, where shoppers buy online and have an item sent to a store "There's a place for a store at every bus stop, at every subway station," he said of the small store potential <span class="company">Wal Mart</span> is emphasizing the success it is having running smaller stores internationally, especially in Mexico "There's a trend around the world toward small stores and we're already operating them and operating them profitably," <span class="company">Wal Mart</span> Int Tweet this 

Unfortunately, we all just have to wait and see." Michelle Clark, a Morgan Stanley analyst, said Macy's lower than expected fourth quarter projections probably would drag shares down. "We think Macy's shares could come under pressure today," Clark wrote in a note to investors. For the 39 weeks ended Oct. 31, company sales totaled $15.6 billion, down 7.8 percent from total sales of $17 billion in the first 39 weeks of 2008. On a same store basis, year to date sales were down 7.5 percent. Despite the company's loss and lower than expected projections, Bernard Sosnick, a retail analyst at Gilford Securities, said he was encouraged by the chain's lighter inventory and by its new merchandising structure.  
Share:  Unfortunately, we all just have to wait and see." Michelle Clark, a Morgan Stanley analyst, said <span class="company">Macy</span>'s lower than expected fourth quarter projections probably would drag shares down. "We think <span class="company">Macy</span>'s shares could come under pressure today," Clark wrote in a note to investors. For the 39 weeks ended Oct. 31, company sales totaled $15.6 billion, down 7.8 percent from total sales of $17 billion in the first 39 weeks of 2008. On a same store basis, year to date sales were down 7.5 percent. <span class="sent"> Despite the company's loss and lower than expected projections, <span class="analyst">Bernard Sosnick</span>, a retail analyst at Gilford Securities, said he was encouraged by the chain's lighter inventory and by its new merchandising structure. </span>...<span class="sent">Despite the company's loss and lower than expected projections, <span class="analyst">Bernard Sosnick</span>, a retail analyst at Gilford Securities, said he was encouraged by the chain's lighter inventory and by its new merchandising structure. </span> This year, <span class="company">Macy</span>'s has focused on grouping its stores by region in an effort to localize merchandise. The company said the strategy helps it meet local customer needs and preferences in each location. "<span class="company">Macy</span>'s has made steady and substantial progress. The important thing is this company has changed organizationally," Sosnick said. Tweet this 

On a same store basis, year to date sales were down 7.5%. Despite Macy's loss and lower than expected projections, Bernard Sosnick, a retail analyst at Gilford Securities, said he was encouraged by the chain's lighter inventory and its new merchandising structure. This year, Macy's has focused on grouping its stores by region in an effort to localize merchandise to specific stores. The company said the strategy helped it better meet local customer needs and preferences in each location. "Macy's has made steady and substantial progress. 
Share:  On a same store basis, year to date sales were down 7.5%. <span class="sent"> Despite <span class="company">Macy</span>'s loss and lower than expected projections, <span class="analyst">Bernard Sosnick</span>, a retail analyst at Gilford Securities, said he was encouraged by the chain's lighter inventory and its new merchandising structure. </span> This year, <span class="company">Macy</span>'s has focused on grouping its stores by region in an effort to localize merchandise to specific stores. The company said the strategy helped it better meet local customer needs and preferences in each location. "<span class="company">Macy</span>'s has made steady and substantial progress. ...<span class="sent">Despite <span class="company">Macy</span>'s loss and lower than expected projections, <span class="analyst">Bernard Sosnick</span>, a retail analyst at Gilford Securities, said he was encouraged by the chain's lighter inventory and its new merchandising structure. </span> This year, <span class="company">Macy</span>'s has focused on grouping its stores by region in an effort to localize merchandise to specific stores. The company said the strategy helped it better meet local customer needs and preferences in each location. "<span class="company">Macy</span>'s has made steady and substantial progress. The important thing is this company has changed organizationally," Sosnick said. Tweet this 

Patrick McKeever – MKM Partners LLC. Michael Baker – Deutsche Bank. Bernard Sosnick – Gilford Securities. Laura Champine – Cowen and Company.  
Share:  Patrick McKeever – MKM Partners LLC. Michael Baker – Deutsche Bank. <span class="sent"><span class="analyst">Bernard Sosnick</span> – Gilford Securities. Laura Champine – Cowen and Company. </span> Tweet this 

After years of being hounded by union backed critic groups, politicians and competitors, employees can revel in the fact that their employer has gotten its grove back and is gaining market share as the worldwide economic downturn drives frugal shoppers into its stores. Investors are eager for more gains, and Wal Mart, under newly installed CEO Mike Duke, is focused on delivering them by expanding its global reach and implementing "Project Impact" to improve sales in its U.S stores. "The fact is that all over the stores, there are new brands, there are new shoppers coming in to the stores, and they are buying 40 percent more than regular shoppers," said Gilford Securities analyst Bernard Sosnick. But the question hounding the retailer amid its recent success is can these gains last when the economy improves and shoppers once again choose to shop elsewhere. "The battle among retailers is to get footsteps in the store," Sosnick said. 
Share:  After years of being hounded by union backed critic groups, politicians and competitors, employees can revel in the fact that their employer has gotten its grove back and is gaining market share as the worldwide economic downturn drives frugal shoppers into its stores. Investors are eager for more gains, and <span class="company">Wal Mart</span>, under newly installed CEO Mike Duke, is focused on delivering them by expanding its global reach and implementing "Project Impact" to improve sales in its U.S stores. <span class="sent"> "The fact is that all over the stores, there are new brands, there are new shoppers coming in to the stores, and they are buying 40 percent more than regular shoppers," said Gilford Securities analyst <span class="analyst">Bernard Sosnick</span>. </span> But the question hounding the retailer amid its recent success is can these gains last when the economy improves and shoppers once again choose to shop elsewhere. "The battle among retailers is to get footsteps in the store," Sosnick said. Tweet this 

"To do so this early in the golf season is obviously very concerning," Mr. Dionisio said, adding that Callaway may lose market share this year in the lucrative driver market to Adidas AG's TaylorMade and Nike Inc.With most of the golf business done in the first half of the year, a sales war is a bad sign for the sector, Mr. Shaw said. However, most analysts agree Callaway boasts a strong balance sheet and one of the best golf brands. And the new drivers are doing better than expected as the company is using them to clear out unwanted fairway wood inventory, Gilford Securities analyst Casey Alexander said. In fact, the stock is likely to rebound as things improve, said Mr. Alexander, who has a "buy" rating on the stock and also runs a small hedge fund that holds Callaway shares. 
Share:  "To do so this early in the golf season is obviously very concerning," Mr. Dionisio said, adding that <span class="company">Callaway</span> may lose market share this year in the lucrative driver market to Adidas AG's TaylorMade and Nike Inc.With most of the golf business done in the first half of the year, a sales war is a bad sign for the sector, Mr. Shaw said. However, most analysts agree <span class="company">Callaway</span> boasts a strong balance sheet and one of the best golf brands. <span class="sent"> And the new drivers are doing better than expected as the company is using them to clear out unwanted fairway wood inventory, Gilford Securities analyst <span class="analyst">Casey Alexander</span> said. </span> In fact, the stock is likely to rebound as things improve, said Mr. Alexander, who has a "buy" rating on the stock and also runs a small hedge fund that holds <span class="company">Callaway</span> shares. ..."To do so this early in the golf season is obviously very concerning," Mr. Dionisio said, adding that <span class="company">Callaway</span> may lose market share this year in the lucrative driver market to Adidas AG's TaylorMade and Nike Inc.With most of the golf business done in the first half of the year, a sales war is a bad sign for the sector, Mr. Shaw said. However, most analysts agree <span class="company">Callaway</span> boasts a strong balance sheet and one of the best golf brands Tweet this 

Despite the shortfall, the retail giant was one of the few companies posting positive numbers while the aggregate apparel, department store and even discount segments posted declines. Wal Mart also said it expects first quarter sales at store open at least a year, a key retail performance benchmark, to be at the top end of its previous forecast of up 1% to 3%. "Investors should be aware that Wal Mart is getting better and stronger," said analyst Bernard Sosnick of Gilford Securities. "The more important news, in our opinion, is that [first quarter and 2009] sales and [per share profit] expectations will likely be achieved." U.S store traffic increased for a sixth straight period, Wal Mart said, with health, wellness, home and grocery items leading the sales gains. 
Share:  Despite the shortfall, the retail giant was one of the few companies posting positive numbers while the aggregate apparel, department store and even discount segments posted declines. <span class="company">Wal Mart</span> also said it expects first quarter sales at store open at least a year, a key retail performance benchmark, to be at the top end of its previous forecast of up 1% to 3%. <span class="sent"> "Investors should be aware that <span class="company">Wal Mart</span> is getting better and stronger," said analyst <span class="analyst">Bernard Sosnick</span> of Gilford Securities. </span> "The more important news, in our opinion, is that [first quarter and 2009] sales and [per share profit] expectations will likely be achieved." U.S store traffic increased for a sixth straight period, <span class="company">Wal Mart</span> said, with health, wellness, home and grocery items leading the sales gains. ...<span class="company">Wal Mart</span> also said it expects first quarter sales at store open at least a year, a key retail performance benchmark, to be at the top end of its previous forecast of up 1% to 3%. <span class="sent"> "Investors should be aware that <span class="company">Wal Mart</span> is getting better and stronger," said analyst <span class="analyst">Bernard Sosnick</span> of Gilford Securities. </span> "The more important news, in our opinion, is that [first quarter and 2009] sales and [per share profit] expectations will likely be achieved." U.S st Tweet this