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Why L Brands Continues To Succeed While Other Retailers Falter, Sterne Agee Retail Analyst Explains
Friday, April 10, 2015 - 2:03pm | 421While most apparel retailers are going through a tough phase, L Brands Inc (NYSE: LB) is turning out to be an exception, with March comps up 9 percent and March sales up 6 percent year-over-year to $981.2 million. Ike Boruchow from Sterne Agee was on CNBC recently to discuss how L Brands is...
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Benzinga Market Primer: Thursday May 23
Thursday, May 23, 2013 - 6:06am | 820Things went from euphoric to worrisome on Wednesday as the Dow saw a 200 point swing. Technicians note that the charts show an outside reversal. In other words—cause for concern. There is a global selloff taking place this morning with the Dow poised to print a triple digit loss at the open....
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Benzinga Market Primer: Wednesday, May 22
Wednesday, May 22, 2013 - 6:34am | 908The markets reached another record high Tuesday as the Dow added 50 points and the S&P, nearly three points. All eyes will be on Fed Chairman Ben Bernanke’s testimony at 10:00 am EST Wednesday. Morning News S&P 500 futures are up 1.75 points to 1667.25. The EUR/USD was up at 0.19...
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Why Coach, Limited Brands and TJX Caught Sterne Agee's Eye (COH, LTD, TJX)
Monday, March 4, 2013 - 1:36pm | 872Earlier Monday, brokerage firm Sterne Agee initiated coverage on a number of specialty retailers, citing strong growth prospects and longer-term fundamentals that are underappreciated or misunderstood. Among those retailers that Sterne Agee initiated with Buy ratings were Coach (NYSE: COH),...
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Earnings Expectations for the Week of February 25
Sunday, February 24, 2013 - 7:09pm | 1012After Abercrombie & Fitch (NYSE: ANF), Nordstrom (NYSE: JWN) and Walmart (NYSE: WMT) all posted better-than-expected per-share earnings last week, the quarterly results from big retailers continue to roll out this week. Analysts on average expect that earnings from Home Depot (NYSE: HD), Macy'...
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Is Getting on SI's Cover a Guaranteed Swimsuit-to-Riches Story?
Thursday, February 14, 2013 - 4:11pm | 460Victoria’s Secret (NYSE: LTD) execs might disagree but the Sports Illustrated Swimsuit issue is arguably the sexiest mainstream publication to hit newsstands each year. For the models that land coveted spots, one would think riches and exposure abound, but is that true? When this year’s two-...
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Earnings Expectations for the Week of November 12
Sunday, November 11, 2012 - 7:08pm | 869While the consensus forecasts call for year-over-year earnings growth from the likes of Cisco Systems (NASDAQ: CSCO), J.M. Smucker (NYSE: SJM) and Viacom (NASDAQ: VIAB) -- as well as lower per-share earnings from Dell (NASDAQ: DELL) -- when they share their most recent quarterly results this week,...
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Earnings Expectations for the Week of August 13
Monday, August 13, 2012 - 6:33am | 938Retail earnings season got off to a start last week when drug store chain CVS Caremark (NYSE: CVS) and department store operators Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) bested second-quarter earnings estimates, while JCPenney (NYSE: JCP) reported a net loss. Many more...
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Earnings Expectations for the Week of May 14 (WMT, HD, ANF)
Sunday, May 13, 2012 - 8:49am | 1179Last week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kicked off the parade of earnings reports from big retailers. Macy's and Nordstrom reported EPS growth; Macy's and Kohl's topped EPS estimates. This week, Walmart (NYSE: WMT), Home Depot (NYSE: HD) and Target (NYSE: TGT) are...
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Gap, Sears and Other Retail Stocks Up More Than 35% Year to Date
Thursday, May 10, 2012 - 7:13am | 1070This week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kick off this quarter's parade of earnings reports from retailers. Walmart (NYSE: WMT), Home Depot (NYSE: HD) and many others are scheduled to post results next week. Here is a quick look at some retailers with share prices...
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Barron's Recap (4/28/12): Can the Dow Stay Relevant?
Sunday, April 29, 2012 - 9:21am | 1018This weekend in Barron's online: The Dow Jones Industrial Average is overdue for a makeover, and the prospects for eBay, Thermo Fisher Scientific and Oracle. Cover Story "Shake Up the Dow!" by Andrew Bary. Barron's cover story this week suggests that the Dow Jones Industrial Average risks...
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Earnings Expectations for the Week of February 20
Sunday, February 19, 2012 - 10:46am | 1082The focus turns to earnings from retailers this week. Abercrombie & Fitch (NYSE: ANF) and Nordstrom (NYSE: JWN) kicked things off last week. The former posted lower earnings per share in line with estimates, while the latter narrowly beat EPS expectations but revenues fell short. Here is a look...
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Seven Apparel Retail Stocks Worth a Look Now
Monday, December 19, 2011 - 7:39am | 901The holiday shopping season seems to be going better than early forecasts suggested. So here are seven retail stocks that might be worth a look. All have double-digit returns on equity and double-digit long-range EPS growth forecasts. Each is up more than 10% over the past year as well. DSW (NYSE...
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Seven Stocks Insiders Are Buying
Friday, December 2, 2011 - 3:12pm | 792Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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McDonald's, MasterCard and Five Other Stocks Worth a Look Now
Thursday, September 29, 2011 - 2:33pm | 850The following dividend-paying companies offer attractive returns on equity and are expected to have strong earnings per share growth over the next five years. Their stocks are also trading within shouting distance of their 52-week highs. Limited Brands (NYSE: LTD): This Columbus, Ohio-based...