Tiffany and Blue Nile also drop as investors expect luxury retailers to sag. Meanwhile, budget sellers like Target and Wal-Mart are having a strong year.
One of the stronger long-term stocks has sharply lowered its guidance, which means we could see a rash of it over the next few weeks.
Halliburton is upgraded to 'outperform,' while Seagate is downgraded to 'hold.'
The boutique chain's expansion looks good but might take away its edge.
The home-furnishings chain is only the latest retailer to serve up a disappointing outlook as consumer malaise spreads.
Here's a model based on the investor's conservative long-term strategy.
The hedge fund legend recently stuffed $77 million into a mattress stock that has continued to sag. He's likely to come out ahead sooner rather than later.
The company's stores are the most successful in the sector.
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