NEW YORK, February 19, 2013 /PRNewswire/ --
Today, National Traders Association announced new research reports highlighting Saks Incorporated (NYSE: SAKS), Nordstrom, Inc. (NYSE: JWM), Sony Corporation (NYSE: SNE), Harman International Industries, Incorporated (NYSE: HAR) and Tiffany & Co. (NYSE: TIF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Saks Incorporated Research Report
Saks has been posting consistent growth in its stock price, reaching as high as $11.20 this month amid news of its announcement of international shipping to more places, specifically countries in Africa, the Middle East, Latin America, Australia and Europe. Customers in the UAE, Dubai in particular, can order directly from SaksFifthAvenue.com and get their purchases right on their doorstep. The Full Research Report on Saks Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/e1e2_SKS]
Nordstrom, Inc. Research Report
Nordstrom saw its revenue rise 8.6 percent in December alone, compared to the same month in the previous year, beating expectations of just 3.4 percent. Shares rose to above $55 in the period. Overall revenues were up 9.4 percent compared to 2011, at $1.72 billion. Motley Fool notes its unique business model that encompasses two completely different segments, the luxury Nordstrom stores for upscale shoppers and its Nordstrom Rack discount stores gaining attention from bargain-conscious shoppers. It has also put more emphasis on its online sales experience, and invested heavily in IT. Its focus on high-margin merchandise and minimizing discounts has worked wonders for the company as well, in contrast to Amazon.com's low pricing strategy. The Full Research Report on Nordstrom, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/be07_JWN]
Sony Corporation Research Report
Sony, after losing its years-long dominant position in electronics and entertainment, saw its share price go up for the second straight trading session upon news of the sale of its 37-storey headquarters in New York City's famed Madison Avenue for $1.1 billion. The deal, which is expected to be complete in March, will go towards debt payment with about $770 million to be retained by the company. The sale is part of the company's effort to cut down costs as it struggles to keep up with newer companies that have been cutting Sony's market share. Reports also indicate that its building in Tokyo may be sold as well, and could fetch at least $1 billion. Sony is also expected to release its new gaming console, the PlayStation 4, probably at the same time Microsoft releases the Xbox 720, the product's main competitor. However, it is expected to sell only half of the sales volume of the PlayStation 3 as consoles are slowly becoming second fiddle to social networks and mobile gaming in tablets and smartphones. The Full Research Report on Sony Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/4c6c_SNE]
Harman International Industries, Incorporated Research Report
Harman is on a roll with expected increases in both its stock price and revenue in its upcoming earnings report at the end of the month. Zacks upgraded shares from "underperform" to "neutral" with a $51 price target. Instrumental to the company's surge is its expansion from high-end luxury markets to entry luxury and mid-luxury customers, enabling the company to get orders from previously reluctant US carmakers like Chrysler/Fiat, GM, and Ford. These new orders are more profitable to the company than the backlog it is replacing, according to a report from Forbes. A report from Motley Fool took note of its increasing inventory, which is intended to parallel revenue increases. Harman is ramping up its raw materials inventory by as much as 25 percent quarter by quarter, suggesting management is seeing increased demand on the horizon. The Full Research Report on Harman International Industries, Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/8b5f_HAR]
Tiffany & Co. Research Report
Tiffany's still remaining as the biggest competitors because of the name that it has established for years as a known brand representing genuine quality and lasting value. Tiffany's said its net worldwide sales rose 17 percent to US$799.1 million during November and December, with a 15 percent rise in the Americas region, an 11 percent increase in Asia-Pacific and a 30 percent jump in Europe. But even Brian Sozzi, chief equities analyst at NBG Productions says that "I feel like the name Tiffany's doesn't carry the same weight as it used to." There is a fundamental shift in the consumer mindset. Even if the economy were to roar back, there are more items competing with Tiffany's. People are looking for more items that have function." This is proven by the number of consumers opting for iPads and cellphones as items that are worth shelling out cash for rather than luxury jewelry. The Full Research Report on Tiffany & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/0846_TIF]
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Contact: Demi Lapierre Email: press@NationalTradersAssociation.org Main: +1-(702)-212-4493
SOURCE National Traders Association