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Benzinga's Bulls & Bears: Apple, GE, Starbucks, Tesla, And More
Monday, January 1, 2018 - 5:11pm | 761Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured giants in the coffee and electric vehicle arenas. Bearish calls included an old-school conglomerate and a specialty retailer. With the attention of many investors, traders and...
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Everecore: 'People Don't Feel The Need To Go To Sears To Buy Their Refrigerator And Underwear In The Same Store'
Tuesday, April 26, 2016 - 11:45am | 196Sears Holdings Corp (NASDAQ: SHLD) recently announced a fresh round of store closures affecting its Sears and K-Mart stores. However, it appears that the company's CEO Eddie Lampert is shutting more than just unprofitable stores. According to the New York Post, Sears Holdings plans on...
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Sears Holdings Details New Plan To 'Restore Profitability'
Friday, April 22, 2016 - 8:28am | 259Sears Holdings Corp (NASDAQ: SHLD) announced after Thursday's market close a new plan with the objective of returning to profitability. Sears Holdings said that it will close 68 Kmart stores and 10 Sears stores throughout the summer. The company stated that the store closures should generate a...
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Sears Holdings Issues Q4 Update, Shares Dip Lower
Tuesday, February 9, 2016 - 8:50am | 178Shares of Sears Holdings Corp (NASDAQ: SHLD) were trading lower by nearly 3 percent early Tuesday morning after the company provided an update to its fourth quarter results which are scheduled to be released on February 25. Sears expects to report revenue of $7.3 billion in the fourth quarter and $...
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Sears, Lululemon Highlight Off-Season Earnings Reports
Sunday, June 7, 2015 - 5:10pm | 799A sprinkling of off-season earnings reports are on the schedule for this week. While there are no real market movers among them, some could move their own needles considerably if they offer up positive or negative surprises. Among the most prominent quarterly reports this week, Wall Street analysts...
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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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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Sears To Generate At Least $1.5 Billion In Liquidity In Fiscal 2014
Monday, October 20, 2014 - 3:37pm | 202Cash-strapped and struggling retailer Sears Holdings Corp (NASDAQ: SHLD) announced a series of plans and action that it expects will generate $1.5 billion to $2.07 billion in liquidity in fiscal 2014. Sears announced on Monday a rights offering for up to $625 million of 8 percent senior notes. The...
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Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Retail ETF In Play As Handfuls Of Retailers Report Earnings
Thursday, August 21, 2014 - 2:48pm | 698The SPDR S&P Retail ETF (NYSE: XRT) saw unusually large volume on Wednesday ahead of a handful of retailers reporting earnings on Thursday. Investors bought 51,842 put options on the ETF, representing a 430 percent increase in typical volume activity of 9,775 put options. Here is a look at...
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3 Retailers The Shorts Are Selling
Thursday, June 12, 2014 - 10:46am | 903Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Barnes & Noble (NYSE: BKS) and Sears Holdings (NASDAQ: SHLD) saw significant upswings in short interest between the May 15 and May 30 settlement dates. The number of shares sold short in Best Buy and J.C. Penney swelled more...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
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Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...