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American Eagle Outfitters, Sears And Others That Insiders Have Been Buying
Wednesday, September 23, 2015 - 8:42am | 837Read More...Insiders have been taking advantage of recent volatility to scoop up shares. CEOs at American Eagle Outfitters, Sears Holdings and Hess have been among the notable buyers. Strong insider buying is often taken as a positive sign for investors. Tuesday's sell-off was another...
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Nordstrom Succeeding In A Dying Brick-And-Mortar World
Friday, August 14, 2015 - 8:31am | 529Read More...Nordstrom, Inc. (NYSE: JWN) is trending up after closing down 0.78 percent on Thursday. The retailer was up nearly 5 percent in Friday's pre-market session, which could be attributed to the firm's updated guidance. Nordstrom raised its FY15 sales growth guidance from 7-9 percent to 8.5-...
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Why Macy's Must Consider A Sears-Like JV: JPMorgan Explains
Wednesday, May 13, 2015 - 2:30pm | 370Read More...Macy's, Inc. (NYSE: M) reported worse-than-expected Q1 results on Wednesday. However, the company increased its dividend by 15 percent and its share buyback program by $1.5 billion. Net income for the quarter came in at $194 million, 14 percent lower than the $224 million it reported for the...
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A Little-Known Apple Pay Competitor Is Coming
Wednesday, April 8, 2015 - 11:52am | 315Read More...In a report issued Wednesday morning, J.P. Morgan analyst Rod Hall provided his daily update on the tech world. Among a few pieces of news, he highlighted the upcoming arrival of CurrentC, a little-known competitor of Apple Inc. (NASDAQ: AAPL)'s Apple Pay. The service will launch in the...
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Buckle Up, Mall REIT Investors
Thursday, April 2, 2015 - 10:33am | 917Read More...The three largest U.S. mall REITs -- Simon Property Group Inc (NYSE: SPG), General Growth Properties Inc (NYSE: GGP) and Macerich Co (NYSE: MAC) -- were all in the news on April 1. Additionally, controversial mall anchor Sears Holdings Corp (NASDAQ: SHLD), took investors on a wild ride, spurred...
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Sears Hints REIT Transaction Expected By June
Thursday, March 19, 2015 - 10:14am | 311Read More...In a blog post published on Thursday, Sears Holdings Corp's (NASDAQ: SHLD) Chief Financial Officer Rob Schriesheim refuted a Wall Street Journal report suggesting that there is "something wrong" with Sears offering to pay a vendor earlier than what it believes is typical. "...
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Could Sears Stores Disappear? Brian Sozzi Thinks So
Thursday, February 26, 2015 - 1:20pm | 376Read More...In an article published on The Street on Thursday, Belus Capital Advisors CEO Brian Sozzi wrote that Sears Holdings Corp's (NASDAQ: SHLD) Chief Executive Officer and largest shareholder Eddie Lampert may have hinted that its stores may have to "virtually vanish" from America to...
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Oppenheimer Suggests There Might Be 'More Light At The End Of The Tunnel' For Best Buy
Friday, February 6, 2015 - 11:43am | 185Read More...Brian Nagel of Oppenheimer on Friday upgraded shares of Best Buy Co Inc (NYSE: BBY) to Outperform from Perform with an established $43 price target given a view that "the worst is likely over." Nagel notes that challenges do persist for Best Buy, but a new senior leadership team that has "...
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Shares of Lands' End Plunge Following Company's Q4 Update
Thursday, January 22, 2015 - 9:13am | 212Read More...Shares of Lands' End, Inc. (NASDAQ: LE) were trading lower by more than 24 percent in Thursday's pre-market session after the company released a fourth quarter update. Lands' End stated that its fourth quarter sales are expected to fall in a range of $505 million to $515...
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Here's Who Benefits The Most If Sears Goes Bankrupt
Wednesday, January 21, 2015 - 11:47am | 342Read More...According to Simeon Gutman of Morgan Stanley, if Sears Holdings Corp (NASDAQ: SHLD) were to “go away,” Home Depot Inc (NYSE: HD), Lowe's Companies Inc (NYSE: LOW) and Best Buy Co Inc (NYSE: BBY) stand to benefit the most, while J C Penney Company Inc (NYSE: JCP) and Gap...
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Brian Sozzi: Sears' Quarterly Loss Was 'Ugly'
Thursday, December 4, 2014 - 1:24pm | 317Read More...Sears Holdings Corp (NASDAQ: SHLD) reported its third-quarter results Thursday. The company reported a better-than-expected loss per share while revenue came in better than expected. However, same-store sales declined by 0.7 percent, worse than the 0.1 percent decline seen in the same...
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Barron's Recap: Meet The New China
Sunday, November 16, 2014 - 12:59pm | 771Read More...This weekend in Barron's online: investment opportunities in Southeast Asia, the Barron's ETF roundtable, as well as the prospects for Ford, Brunswick, Cummins, Berkshire Hills Bancorp and more. Cover Story "The New China" by Leslie P. Norton. Cambodia, Laos, Myanmar and Vietnam are booming while...
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J C Penney Shares Trading Slightly Lower Following Cautious Warning From Cleveland Research
Tuesday, November 11, 2014 - 12:11pm | 151Read More...On Tuesday, Matthew Delly of Cleveland Research stated that J C Penney Company Inc's (NYSE: JCP) challenging sales trends which were pre-announced in September continued into October. In a note to clients, Delly states that J C Penney's challenging traffic trends is "likely driven...
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U.S. Produced Fewer Than Expected Jobs In October
Sunday, November 9, 2014 - 9:16pm | 666Read More...U.S. stocks were little changed to close last week as U.S. data showed the economy created fewer than expected jobs in October. However, the unemployment rate declined to a six-year low of 5.8 percent. The unemployment rate continues to improve, inching closer to the Fed's 5.4 percent to 5....
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Sears' REIT Announcement Only Delays The Inevitable: Brian Sozzi
Saturday, November 8, 2014 - 4:39pm | 394Read More...Belus Capital Advisors CEO Brian Sozzi doesn’t want any exposure to Sears Holdings Corp (NASDAQ: SHLD), no matter what the company is doing. Sozzi wrote in a note to his clients on Friday that Sears announced a series of news that could be “the single most complicated...
