bj s wholesale club

BJ's Wholesale Club, a potential takeover target, will shave hundreds of jobs and close five stores by the end of the month, the company said Wednesday.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Costco Wholesale Corporation (Nasdaq: COST) high of $67.13.
  
  Hitting a new high again today following an unusual midday move yesterday which saw the stock spike over 1% on higher volume.
  
  Shares might also be getting a boost from BJ's Wholesale (NYSE: BJ), who reported Q3 earnings.
• BJ's Wholesale Club Inc.
  
  (NYSE: BJ) high of $48.25.

UPGRADES BofA/Merrill Lynch upgrades Amazon.com (Nasdaq: AMZN) from Neutral to Buy and raised their price target from $176 to $190.

Netflix (Nasdaq: NFLX) lifted by several firms today:

• Janney Capital Sell to Neutral with a $145 fair value on the shares.

This report is a mid-day check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• BJ's Wholesale Club Inc.
  
  (NYSE: BJ) high of $44.27. Continuing higher after hedge fund Green Equity reported a 9.5% stake in BJ's yesterday.
  
  Green Equity also said that it intends to contact the company regarding potential options for enhancing shareholder value including "going private" talks.
  
  The company also received two upgrades today, from Goldman Sachs and Jefferies.
• Dollar Tree, Inc.

This report is a mid-day check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• BJ's Wholesale Club Inc.
  
  (NYSE: BJ) high of $43.83. Shares absolutely ripping today as hedge fund Green Equity reported a 9.5% stake in BJ's and intends to contact the company regarding potential options for enhancing shareholder value including "going private" talks.
• IDT Corporation (NYSE: IDT) high of $14.59.

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Economics: 8:30am EST

• Housing Starts - Street Sees 600K
• Building Permits - Street Sees 580K
• CPI - Street Sees 0.2%

Earnings: BJ's Wholesale Club (NYSE: BJ) – consensus EPS $0.45 012 Smile Communications Inc.

(NASDAQ: SMLC) – no consensus Chico's FAS, Inc. (NYSE: CHS) – consensus EPS $0.07 Gushan Environmental Energy Ltd.

BJ's Wholesale Club says its second-quarter profit dipped 4 percent and sales declined because of falling gasoline prices.

BJ's Wholesale Club Inc. is scheduled to report earnings for its fiscal second quarter Wednesday before the market opens.

The following is a summary of key developments and analyst opinion related to the period.

BJ's Wholesale Club Inc. says its first-quarter profit rose 42 percent and raised its 2009 profit forecast.

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Earnings: AnnTaylor Stores (NYSE: ANN) - consensus loss $0.13 BJ's Wholesale Club (NYSE: BJ) - consensus EPS $0.44 Deere (NYSE: DE) - consensus EPS $1.07 Eaton Vance (NYSE: EV) - consensus EPS $0.21 Melco Crown Entertainment (Nasdaq: MPEL) - consensus loss $0.08 Target (NYSE: TGT) - consensus EPS $0.59 Toll Brothers (NYSE: TOL) - consensus loss $0.33 Intraday or Not Specified: Economics: 10:30am ET

• Crude Inventories for the week of 5/15