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Williams-Sonoma, Inc. (NYSE:WSM): “Williams-Sonoma continued to impress in second-quarter 2012, and we are pleased to hear management plans to introduce a new DTC [direct-to-customer] concept and expand internationally in the near term,” Anthony Chukumba, who is an analyst for BB&T Capital Markets, stated in a note. “We are raising our price target to $43 from $40 and reiterate our buy rating.” Shares of Williams-Sonoma, Inc. are trading 0.82% lower today.
Hormel Foods Corporation (NYSE:HRL) reports its Q3 revenue a $2.0 billion, consensus $2.01 billion. Shares of Hormel Foods Corporation are trading 1.16% higher today.
Novacopper Inc (NYSE:NCQ) observed unusual market activity in the Company’s stock on Wednesday. Because of this, the Exchanges have contacted the Company in accordance with their usual practice. The Company does not know of any reason for this strange market activity. Shares of Novacopper Inc are trading 6.02% lower today.
Bank of America (NYSE:BAC): The Fed made strong indications that it is preparing new steps to bolster the economic recovery, claiming that measures would be needed soon unless growth substantially and convincingly picks up, according to minutes form the July 31-August 1 policy meeting, and reports the Wall Street Journal. Shares of Bank of America are trading 0.24% higher today.
Apple Inc. (NASDAQ:AAPL): Qualcomm (NASDAQ:QCOM) has confirmed to engadget that the company’s quad-core Snapdragon S4 chips are to be used in an upcoming smartphone from LG which is to compete with Samsung (SSNLF) and Apple devices at the high end of the market, the blog says. Shares of Apple Inc. are trading 0.01% lower today.
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