Content about Bernstein

November 1, 2011
Target future uncertain following CFO retirement

Target announced that Doug Scovanner will retire as EVP and CFO on March 31, 2012.

MINNEAPOLIS — The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012 has investors speculating about the reasons for his departure following the recent exit of other key executives.

Analysts at Bernstein Research pointed to the fact that no successor has been named, suggesting that the retirement was not a long planned for event. However, the firm said it believes that despite the unexpected news, this appears to be a true retirement and doesn't anticipate seeing Scovanner in a CFO role at another major company.

March 22, 2011
Dollar General remains top stock pick on 4Q sales growth

Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company is still considered a good investment.

GOODLETTSVILLE, Tenn. -- Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company is still considered a good investment.

March 2, 2011
Warehouse sector a quarterly bright spot

The past three-months were favorable to the warehouse sector, as both Costco and BJ’s Wholesale reported quarterly results that were in-line with or beat analysts’ expectations.

 ISSAQUAH, Wash. and WESTBOROUGH, Mass. -- The past three-months were favorable to the warehouse sector, as both Costco and BJ’s Wholesale reported quarterly results that were in-line with or beat analysts’ expectations.

July 11, 2010
Family Dollar selects agency of record

Family Dollar Stores has selected Bernstein-Rein Advertising as its first agency of record, the agency...