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Sozzi Comments on Wal-Mart's Rapidly Deteriorating Quarter
Monday, March 24, 2014 - 3:46pm | 212Brian Sozzi of Belus Capital is feeling a bit bearish on Wal-Mart's (NYSE: WMT) first quarter Monday, suggesting the quarter appears to be “rapidly deteriorating.” Sozzi raised a red flag on Wal-Mart's "Savings Catcher" price-comparison initiative. Because the program was not “guided to on the...
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TheStreet.com Knocks Out AMCX For WWE Rumor
Friday, March 14, 2014 - 2:17pm | 196On Friday morning, TheStreet.com published that AMC Networks (NASDAQ: AMCX) is not buying World Wrestling Entertainment (NYSE: WWE) despite the intraday spike in WWE shares on Thursday following rumors stemming from a blog post. WWE is currently negotiating television rights fees for its Raw...
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Luna Up 90 Percent On Wednesday – Why?
Thursday, January 23, 2014 - 12:44pm | 464Shares of Luna Innovations (NASDAQ: LUNA) were up almost 90 percent on Wednesday. The 6.6 million shares that changed hands blew away the average of 158,448 shares per day, so what caused this $36 million company to nearly double in value? The company announced that it’s selling its shape-...
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Tech Experts Express Concerns Over Twitter's IPO Filing
Friday, September 13, 2013 - 11:38am | 445Rocco Pendola, TheStreet.com's Director of Social Media, and Mike Isaac, Senior Editor of AllThingsD.com, appeared on CNBC's Squawk Box Friday morning where they critiqued Twitter's decision to file its IPO, and what it could mean for the user experience down the road. Recently, Twitter announced...
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Experts Say Yahoo CEO Marissa Mayer Is Doing Well Despite Harsh Odds
Thursday, September 12, 2013 - 10:04am | 392TheStreet.com's director of social media Rocco Pendola and Yale School of Management's Senior Associate Dean for Executive Programs and Lester Crown Professor in the practice of management Jeffrey Sonnenfeld discussed their positive views on Yahoo (NASDAQ: YHOO) CEO Marissa Mayer's leadership...
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A Retort to Andrew Ross Sorkin on ETFs
Tuesday, October 11, 2011 - 1:26pm | 878In a late night post on New York Times Dealbook, Andrew Ross Sorkin, wrote a post talking about the "evilness" of ETFs. Sorkin interviewed Doug Kass, of Seabreeze Partners Management and other hedge fund managers about leveraged ETFs, and the supposed volatility they have caused in recent weeks...
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Les Moonves Says CBS Could Get Involved With Hulu Eventually
Tuesday, September 20, 2011 - 2:06pm | 58Jeanine Poggi, columnist at TheStreet.com tweeted that CBS (NYSE: CBS) CEO Les Moonves said he could see the potential for CBS content to go on Hulu Plus. Monves is making these comments at the Goldman Sachs' Communicopia conference today. Shares of CBS are off 1 cent to $24.44 on the day.
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Update On Seattle Genetics FDA Meeting
Thursday, July 14, 2011 - 3:01pm | 66TheStreet.com's Adam Feuerstein is tweeting about the Seattle Genetics (NASDAQ: SGEN) FDA meeting. Feuerstein just tweeted that the FDA panel is moving to questions and voting on Adcetris in ALCL. The FDA voted 10-0 to recommend accelerated approval of Seattle Genetics' Adcetris. Shares have...
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Top Percentage Gainers and Losers as of 12pm 06/10/11
Friday, June 10, 2011 - 12:03pm | 556Best 1) Coffee Holding (NASDAQ: JVA): Trading up 26.4% from yesterday's close to $15.21. A positive article regarding Coffee Holding was published by TheStreet.com after the bell Thursday night. The stock has gained 115% over the past five trading sessions. Shares set a 52-week high of $15.50 in...
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Vanda Pharmaceuticals Falling On Disappointing Drug Sales (VNDA)
Friday, February 4, 2011 - 1:21pm | 100According to Adam Feuerstein at theStreet.com, Vanda Pharmaceuticals' (NASDAQ: VNDA) first year sales of a schizophrenia drug Fanapt developed by VNDA and sold by Novartis (NYSE: NVS) totaled just $31.4 million, well below analysts' expectations. According to Feuerstein, that number is high...
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Doug Kass Bullish On Cash
Wednesday, January 5, 2011 - 3:23pm | 71Doug Kass writes that he is the most bullish on cash he's been in a while, as his long equity exposure is the lowest it's been in many years. Kass is especially pessimistic of some of the recent positive economic reports we've seen recently, and beleives it could be a byproduct of the recession....
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Christmas Week Retail Sales Fell 4.1% (WMT, TGT, BBY, BBBY, LTD, M, JCP)
Thursday, December 30, 2010 - 10:03am | 119According to an article from TheStreet.com, retail sales last week fell 4.1% from the prior year, as the giant snowstorm in the Northeast probably cost retailers $1 billion in sales. ShopperTrak, which tracks retail shopping data, said foot traffic data was down 11.2% from a year ago on the day...
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Time To Go Short GE?
Thursday, December 23, 2010 - 11:47am | 280That's what Adam Seessel, manager of the RiverPark/Gravity Long-Biased Fund thinks you should be doing. TheStreet.com recently interviewed Seessel regarding his position in a number of names, including General Electric (NYSE: GE), Yahoo (NASDAQ: YHOO), and Iron Mountain (NYSE: IRM). When asked why...
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Retail Take Over Targets
Thursday, December 23, 2010 - 11:28am | 115TheStreet.com's (NASDAQ: TSCM) Jeanine Poggi writes about 19 takeover targets, in light of news that Jo-Ann Stores (NYSE: JAS) was being acquired by Leonard Green, a major private equity firm for $61 per share in cash. Poggi gives some examples such as Office Depot (NYSE: ODP), Children's Place (...
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Cramer Has $100 Target On Caterpillar (CAT)
Thursday, October 21, 2010 - 12:14pm | 99Jim Cramer, host of CNBC's Mad Money and chairman of TheStreet.com is out with a video on Caterpillar (NYSE: CAT), and he believes the stock could reach $100 easy. Shares initially spiked higher after it reported earnings this morning that were better than expected, but have since lost their gains...