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Nasdaq Hits Correction Mode, Dow Touches 200-Day Moving Average In Volatile Friday Trade
Friday, October 30, 2020 - 6:58pm | 2034If there were any doubts left about whether the market would be “risk-on” or “risk-off” going into the election, Friday’s selloff pretty much iced it. The toggle has switched to the off position. The late-week meltdown ignited after earnings from four of the five ...
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Sears Pushes Technology, Fails at Sales
Wednesday, May 29, 2013 - 11:16am | 540If, as is often said, catalogs were the precursor to online selling, Sears Holdings (NASDAQ: SHLD), in the form of Sears, Roebuck and Co. set the standard in 1894 with the introduction of its “Book of Bargains.” So why, with all this history behind it, is the company struggling to connect with...
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Morgan Stanley Maintains EW Rating on KSS
Monday, May 16, 2011 - 8:12am | 90Morgan Stanley is maintaining its EW rating on shares of Kohl's Corp. (NYSE: KSS). “There were clear pluses and minuses to come out of 1Q results,” Morgan Stanley writes. “While we like mgmt's willingness to step up share buybacks and expect the co. to repurchase ~21% of shares outstanding over 3...
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Citi Raises KSS Target To $70, M Target To $32; Lowers TGT Target To $68
Friday, April 8, 2011 - 7:23am | 75Citi is raising its TP for Kohl's Corp. (NYSE: KSS) from $69 to $70, as well as its target for Macy's (NYSE: M) to from $31 to $32. Citi is also lowering its target on shares of Target Corp. (NYSE: TGT), which drops from $69 to $68. Kohl's Corp. closed at $54.76; Macy's closed at $25.40; Target...
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Iconix Brand Group (ICON) Rises 3% After Upgrade
Wednesday, February 10, 2010 - 6:02pm | 104Shares of Iconix Brand Group, Inc. (Nasdaq: ICON) closed up more than 3% for the day after Brean Murray raised its rating of the brand management company from Hold to Buy. The upgrade reverses Brean Murray's downgrade of Iconix Brand Group from Buy to Hold just last September. Britney Spears...