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The Top 10 Financial Tweets For Tuesday, August 20
Tuesday, August 20, 2013 - 12:13pm | 792Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful or just down right comical. 1. Bloomberg Commodities News Bloomberg Commodities News ( @BNCommodities ) tweeted out this...
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Ackman And J.C. Penney Reach Agreement For Stock Sales
Friday, August 16, 2013 - 9:40am | 567Read More...Activist investor Bill Ackman of Pershing Square Capital Management has had one heck of a week. First, he publicly fought a war of words with the board of J.C. Penney (NYSE: JCP) as he pushed to replace CEO Mike Ullman as well as bring in a new Chairman of the Board. He quickly lost that fight...
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J.C. Penney Shares Rally As New York Post Sees August Turnaround (JCP)
Thursday, August 15, 2013 - 9:29am | 814Read More...Shares of embattled retailer J.C. Penney (NYSE: JCP) rallied sharply late Wednesday and into early trade Thursday following a New York Post report (see tweet below) that August same store sales were tracking higher than forecast. They claim that J.C. Penney was benefiting nicely from back to school...
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Belus Capital Advisors' Brian Sozzi Comments On Macy's After The Earnings Miss, Notes Numbers Forecast Weakness For J.C. Penney
Wednesday, August 14, 2013 - 2:35pm | 432Read More..."I have been cautious on the retail sector into earnings season (exact term I have unleashed: it's a landmine), suggesting to avoid most of the names (other than being very confident on growth retailers Michael Kors (NYSE: KORS) due to positive store checks and master innovator, Starbucks (NASDAQ:...
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Brian Sozzi Is Totally Killing It
Monday, August 12, 2013 - 6:00pm | 473Read More...Belus Capital Advisors' Brian Sozzi (Twitter: @BrianSozzi) appeared on CNBC's Fast Money Monday and, to put it simply, was totally killing it. According to Sozzi, both discount retailers and high-end retailers could suffer in this back to school season while he see's those companies in the...
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The Top 10 Financial Tweets For Wednesday, August 7
Wednesday, August 7, 2013 - 1:47pm | 1111Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Danny Blanchflower Danny Blanchflower (@D_Blanchflower), former Bank of England MPC...
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Belus Capital's Brian Sozzi Says J.C. Penney Could Be the Next 'Circuit City, Blockbuster or RadioShack' (JCP)
Wednesday, July 31, 2013 - 5:04pm | 537Read More...J.C. Penney (NYSE: JCP) shares plunged in late day trading Wednesday on reports from The New York Post that CIT (NYSE: CIT) was set to pull its inventory financing from the company. Pulling of this sort of financing would be nearly a kiss of death for any retailer, not just one that is struggling...
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J.C. Penney 'Does Not Deserve to be a Public Company'
Tuesday, April 9, 2013 - 10:10am | 678Read More...When it was announced that Ron Johnson had 'resigned,' shares of J.C. Penney (NYSE: JCP) soared, rallying over ten percent. That is, until his successor was announced. The man named to take the helm and right the ship after Johnson's disastrous tenure was no other than Mike Ullman, the chief...
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Did Jos. A. Bank Really Try this Classic Earnings Announcement Ruse?
Tuesday, January 29, 2013 - 10:20am | 484Read More...Even the best business suit eventually loses its luster and has to be replaced. Such may be the case with Jos. A. Bank Clothiers’ (NASDAQ: JOSB) venerable business model. Shares of the company’s stock, like their famous suit promotions, aren’t “buy one, get one” yet, but the stock did fall 18...
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Retail Analyst Sozzi Calls J.C. Penney 'Value Trap'
Friday, November 9, 2012 - 11:04am | 124Read More...Benzinga Pro Audio this morning talked J.C. Penney (NYSE: JCP) with NBG's retail wiz Brian Sozzi. J.C. Penney earlier reported a very large Q3 loss and missed on the top line -- and investors are not taking it well. The stock is currently down about 6%. Sozzi's tone on J.C. Penney was very bearish...
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Retail Analyst Brian Sozzi: Can See Where Gundlach is Coming from on Nordstrom
Thursday, May 17, 2012 - 1:27pm | 97Read More...Yesterday at the Ira Sohn investment conference, bond fund manager Jeff Gundlach presented a bearish thesis on luxury retailer Nordstrom (NYSE: JWN). Gundlach questioned the company's valuation, and stated that the chart "looked like death." Retail analyst Brian Sozzi of NBG commented to Benzinga...
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Will PlayStation 4 be the Last Game Console?
Thursday, May 10, 2012 - 12:11pm | 1104Read More...What will become of the game industry after PlayStation 4, Xbox 720 and Wii U arrive? Many think that this is the end of the line for consoles. With the rise of Android and iOS gaming, some argue that we no longer need a game-specific device. Never mind the fact that mobile gaming is nowhere near...
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World of Warcraft Has Lost its "WoW" Factor
Wednesday, May 9, 2012 - 3:15pm | 960Read More...Activision's beloved franchise may be crushing Star Wars: The Old Republic, but this MMO is no longer a cash cow. In fact, it might just be a cow -- one that's waiting to be tipped over. But what is the cause? How can World of Warcraft be dying if its chief competitor is struggling to compete? "I...
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If Microsoft Bans Used Games, The Industry Will Die
Wednesday, May 9, 2012 - 2:07pm | 683Read More...It's the topic that won't die. But if Sony and Microsoft ban used games, the industry will. In January, I outlined five key reasons why the next Xbox will absolutely play used games. Since that time, a new report has come to light that claims Sony (NYSE: SNE) is working hard to eliminate our...
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World of Warcraft Crushes Star Wars: The Old Republic
Tuesday, May 8, 2012 - 2:20pm | 1040Read More...The Force is with Activision's beloved MMO. Sadly, the same cannot be said for EA and Star Wars: The Old Republic. Electronic Arts (NASDAQ: EA) had high hopes for its long-awaited Star Wars MMO, touting it as the next great game in the only genre that has successfully persuaded consumers to pay a...
