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5 Spinoffs 'Ripe' For Takeover
Tuesday, April 7, 2015 - 12:25pm | 618Read More...In a report issued by The Edge Consulting Group, analysts Jim Osman and Sanjiv Thakur look into five spinoff candidates they say are "ripe for takeover." ADT ADT Corp (NYSE: ADT) was spun off Tyco International plc (NYSE: TYC) about 30 months ago. Since then, it has built a leading...
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Talented Blonde CEO: Why Apple Could Hurt Nordstrom Earnings
Thursday, February 19, 2015 - 5:08pm | 345Read More...Speaking to Benzinga, Talented Blonde CEO Kristin Bentz said that it’s really a mixed bag over at Nordstrom, Inc. (NYSE: JWN) ahead of its earnings report Thursday afternoon. Importing Issues Traditionally, Bentz explained that Nordstrom has been the leader when it comes to luxury...
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Price-Conscious Consumers To Shape The Retail Sector?
Sunday, January 11, 2015 - 1:47pm | 497Read More...The retail sector has produced conflicting information recently, with most stores reporting better-than-expected holiday sales alongside announcements of store closures. J C Penney Company Inc (NYSE: JCP) is one such retailer; the company reported a 3.7 percent increase in holiday sales, but...
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Early November Retail Sales Mixed Ahead Of Earnings
Tuesday, November 11, 2014 - 4:34pm | 224Read More...For the first week in November, same-store sales across the United States fell 1 percent when compared to the same week in October but were 3.8 percent higher than the same week a year ago, according to data from Tuesday's Redbook. On the other hand, Tuesday's ICSC-Goldman data showed U...
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Stifel Previews Department Stores Q3 Earnings: Macy's, Kohl's And Nordstrom
Monday, November 10, 2014 - 12:41pm | 256Read More...Richard Jaffe previewed Softline retailers upcoming third quarter results in a note to clients on Monday. The analyst maintains a positive tone on Macy's, Inc. (NYSE: M), Kohl's Corporation (NYSE: KSS) and Nordstrom, Inc. (NYSE: JWN). Jaffe notes that there exists “near-term...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915Read More...U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Instagram Shopping Just Got A Lot Easier
Sunday, August 31, 2014 - 9:39am | 459Read More...Nordstrom (NYSE: JWN) and Target (NYSE: TGT) are remaking Instragram shopping with Like2Buy, part of the retailers' growth strategies. Instagram Shopping Made Easy Nordstrom and Target teamed up with Curalate –- a visual marketing and analytics firm -– to form Like2Buy. With...
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Wal-Mart's Woes In Attracting Clients No Different From Luxury Retailers
Tuesday, August 19, 2014 - 4:29pm | 743Read More...When asked to comment on how the retailer's core customer is adapting to the challenging economy, Wal-Mart's (NYSE: WMT) former president and CEO of Wal-Mart U.S. Bill Simon told Reuters, “We've reached a point where it's not getting any better, but it's not getting...
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Markets Close The Week On Negative Note As Ukraine Worries Mount
Friday, August 15, 2014 - 5:01pm | 2461Read More...U.S. stocks erased early morning gains and finished lower following reports that Ukrainian artillery forces engaged armored vehicles entering Ukraine from Russia. Narayana Kocherlakota, Minneapolis Fed President, stated that labor strength in its current state appears to be far away from the...
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Will Nordstrom Follow Macy's Lead And Report A Poor Second Quarter Result?
Thursday, August 14, 2014 - 2:51pm | 903Read More...Shares of Nordstrom (NYSE: JWN) surged more than 10 percent after the company reported an impressive first quarter result on May 15. The upscale retailer saw its comparable-store sales rise 3.3 percent in the quarter as online sales and Rack outlet made strong contributions, while the top...
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Earnings Expectations For The Week Of August 11: Cisco, Deere, Wal-Mart And More
Sunday, August 10, 2014 - 5:11pm | 931Read More...Reports from Cisco Systems (NASDAQ: CSCO) and Deere (NYSE: DE) will be among the highlights on the earnings front this week. Note, however,that analyst expectations are low for each of them. Furthermore, earnings season for the major retailers has arrived. Taking their turns on the earnings...
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Apple Is 'Uniquely Situated' To Revolutionize Mobile Commerce
Saturday, August 2, 2014 - 2:50pm | 620Read More...Apple's (NASDAQ: AAPL) fingerprint scanner, known commercially as Touch ID, could hold the key to a mobile commerce revolution. The iPhone maker famously acquired AuthenTec, the creator of Touch ID, for $365 million. At least one analyst thinks that Apple acquired that firm to become the...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111Read More...U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213Read More...U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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Earnings Expectations For The Week Of May 12: Wal-Mart, Deere, Cisco And More
Sunday, May 11, 2014 - 4:26pm | 870Read More...Most of the S&P 500 have already posted their first-quarter results. This week, big retailers begin to share their earnings reports. Wal-Mart (NYSE: WMT), the big daddy of retailers, steps onto the earnings stage Thursday. Macy's (NYSE: M) and J.C. Penney (NYSE: JCP) are also scheduled to...
