Coca-Cola, Fifth Third and US Bancorp to report earnings. J.C. Penny makes another CEO change. Family Dollar's full year forecast weaker than expected.
Panera Bread is upgraded to 'market perform,' and Boston Scientific is downgraded to 'neutral.'
Stocks are higher amid some more encouraging housing data and continued testimony from Fed Chairman Bernanke.
JPMorgan and Blackrock are to report Q4 earnings. Housing market and retail sales data are set to be released. Discount retailers feel pain from payroll tax hike.
Investors haven't been as keen on the sector as value-conscious shoppers.
Francesca's is upgraded to 'buy,' and Demand Media is downgraded to 'sell.'
The retail giant's plans to roll out more of its 'neighborhood markets' could be bad news for urban bargain shops.
The stock's addition to the S&P 500 makes the chain even more attractive.
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