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Rent-A-Center Calls Off Vintage Capital Merger, Shares Fall 17%
Tuesday, December 18, 2018 - 10:05am | 340Read More...Furniture and electronics rent-to-own retailer Rent-A-Center Inc (NASDAQ: RCII) said Tuesday it terminated a merger agreement with Vintage Capital Management. What Happened Amid pressure from activist investors, Rent-A-Center agreed in the summer to sell itself to Vintage Capital for $1.37 billion...
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Does Rent-A-Center Hold A Merger Arbitrage Opportunity?
Tuesday, October 9, 2018 - 12:01pm | 475Read More...Rent-A-Center Inc (NASDAQ: RCII) agreed to sell itself to Vintage Capital Management at $15 per share, which has some investors questioning why the stock is trading at an approximate 70-cent discount to the purchase price. Loop Capital Markets took a dive into the stock's potential merger...
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Ulta's Valuation Pushes This Bull To The Sidelines
Wednesday, May 2, 2018 - 4:16pm | 368Read More...Ulta Beauty Inc (NASDAQ: ULTA) is receiving a sell-side downgrade, but not on the basis of weak fundamentals. The law of large numbers could ultimately slow the company's blistering growth. The Analyst Loop Capital Market's Anthony Chukumba downgraded Ulta from Buy to Hold and...
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7 Analysts Weigh In On Ulta's Q4 Miss
Monday, March 19, 2018 - 9:59am | 768Read More...Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...
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Another Analyst Sees Amazon Shares Rising To $1,700
Wednesday, March 7, 2018 - 1:08pm | 400Read More...With Amazon.com, Inc. (NASDAQ: AMZN) stock already up another 31 percent so far in 2018, analysts are scrambling to update their price targets along the way. On Wednesday, yet another analyst upped his price target for Amazon by $100. The Analyst Loop Capital analyst Anthony Chukumba reiterated...
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Analyst: Toys R Us Closures Could Be Positive Catalyst For Bed Bath & Beyond
Tuesday, February 27, 2018 - 2:45pm | 423Read More...Bankrupt toy store Toys R Us is reportedly looking at closing another 200 stores and lowering its headcount after a poor holiday season. If this is the case, Bed Bath & Beyond Inc. (NASDAQ: BBBY)'s children's concept, buybuy BABY, stands to greatly benefit, according to Loop Capital....
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Aaron's Downgraded On Valuation
Wednesday, January 24, 2018 - 4:41pm | 213Read More...Aaron's, Inc. (NYSE: AAN) is an omnichannel provider of lease-purchase solutions and it operates through five business segments. The Analyst Loop Capital Markets' Anthony Chukumba analyst downgraded Aaron's from Buy to Hold and maintained the price target of $42. The Thesis Chukumba...
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Analyst: What To Watch For In Amazon's Q4 Report
Tuesday, January 23, 2018 - 2:49pm | 278Read More...Amazon.com, Inc. (NASDAQ: AMZN) soared after its third quarter earnings report in October exceeded expectations. Here is a quick guide of what to expect when the company reports its fourth quarter results on Feb. 1. The Analyst Loop Capital Markets' Anthony Chukumba maintains a Buy rating on...
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After A Year Of Improvement, RH Is A Buy, Says Loop Capital Markets
Thursday, January 11, 2018 - 1:56pm | 473Read More...RH (NYSE: RH), formerly known as Restoration Hardware Holdings, saw its stock tumble from north of $100 per share in 2015 to end 2016 around $30 per share. But the stock "significantly de-risked" in 2017 and remains attractive at today's levels, according to Wall Street's newest...
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Bed Bath & Beyond Shares Down, Analysts Chilly After Q3 Report
Thursday, December 21, 2017 - 4:26pm | 751Read More...Shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) lost more than 10 percent Thursday morning after the company reported a top- and bottom-line third-quarter beat — but some analysts found plenty of reason to be concerned beyond the headline numbers. Wedbush: Ability To Compete...
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Analysts Look For Value In Dollar General After Q3 Report
Wednesday, December 13, 2017 - 10:45am | 791Read More...Dollar General Corp. (NYSE: DG) reported mixed earnings before the open Dec. 7, with same-store sales exceeding expectations but a decrease in net income. Here's how Wall Street reacted: Morgan Stanley: Growth Continues Morgan Stanley's Vincent Sinisi reiterated an...
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Wall Street Breaks Down A Record-Setting Cyber Monday
Tuesday, November 28, 2017 - 11:48am | 614Read More...Retail returns to work today fat, happy and ready for a two-week nap after binging on your bank account over the Thanksgiving weekend. By Adobe Analytics’ latest projections, Americans were on pace to strike $6.59 billion in Cyber Monday spending — a 16.8-percent increase over 2016 that...
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Amazon Cash Could Help E-Retailer Cash In On Unbanked Shoppers, Analyst Says
Monday, November 13, 2017 - 10:26am | 383Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s new feature Amazon Cash allows consumers to add cash to their Amazon account at brick-and-mortar retailers, including thousands of 7-Eleven stores. Customers who still want to use cash to shop online account for 27 percent of all consumers, TechCrunch said in a...
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Aaron's Outlook Improves As Rent-A-Center Woes Persist
Wednesday, November 8, 2017 - 5:49pm | 338Read More...With its Progressive financial segment poised for growth, specialty retailer Aaron’s, Inc. (NYSE: AAN) was upgraded Wednesday by Loop Capital. Competitor Rent-A-Center (NASDAQ: RCII) rejected a $693 million buyout offer on Wednesday. The Analyst Loop Capital's Anthony Chukumba....
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Amazon Could Grow Faster Internationally Than It Did In The U.S.
Sunday, November 5, 2017 - 3:08pm | 515Read More...Amazon.com, Inc. (NASDAQ: AMZN) has all but conquered e-commerce in the United States. The next plausible step in its plans to take over the world: international expansion. Similar to Netflix, Inc. (NASDAQ: NFLX), which gained a loyal membership base and traction domestically over several years...















