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Fintech Focus For August 11, 2020
Monday, August 10, 2020 - 6:14pm | 2346Daily Perspective: The definition of market prices is whatever the Fed says it will be. - Minerd Fintech Movers: The Federal Reserve recently announced the FedNow Service, which it said will be rolled out in a phased approach, with a target service date of 2023 or 2024. - Benzinga Coinbase hires...
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The Retail Misery Story Likely Continued In Q2; Earnings Ahead
Wednesday, August 5, 2020 - 10:09am | 2340If retail sector investors have their sights set on surprise blowout Q2 earnings after recent blowout earnings from one online retailer—yes; that would be Amazon.com, Inc. (NASDAQ: AMZN)— they might be in for a sad and sorry disappointment. The first full quarter under the...
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Deutsche Bank Is Talking Troubled Retailers And REIT Risk
Thursday, March 26, 2015 - 11:35am | 979On March 24, Deutsche Bank published a quarterly update of the retail sector, including a watch-list of retail tenants viewed as posing higher risks for bankruptcy and store closures for REIT landlords. Spoiler Alert: Top Malls - No Worries One key investor takeaway from the report, was that...
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JCPenny Trading Up 7.19% (JCP)
Monday, January 24, 2011 - 12:42pm | 77Is now the time to enter JCPenny's (NYSE: JCP)? Shares are trading up 7.19% today following the announcement that the company had added new members to its board of directors. Bill Ackman increased his stake in JCP today, which last traded at $32.52, up from $30.34 from at yesterday's close.
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Dillard's Shares Continue To Soar (DDS)
Thursday, January 20, 2011 - 4:51pm | 615After close yesterday, Dillard's, Inc. (NYSE: DDS) saw an almost immediate boost in trading, with shares rising nearly 6%. This afternoon, the retailer continued rising, with shares up more than 15% – surpassing the 10-year high that was achieved last December while abolishing the dreaded low of...