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Wal-Mart Earnings Preview: Is A Disaster Looming?
Wednesday, August 13, 2014 - 2:32pm | 919Read More...Wal-Mart (NYSE: WMT) will report its second quarter results before Thursday's market open. Wal-Mart last reported its results on May 15. The retailer earned $1.10 per share, $0.05 less than analysts expected. Revenue of $114.9 billion fell short of expectations by nearly $1.4 billion. Wal...
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Belus Capital's Brian Sozzi Previews J.C. Penney Ahead Of Q2 Earnings
Wednesday, August 13, 2014 - 8:53am | 190Read More...In a note released Wednesday morning, Brian Sozzi, CEO and Chief Equities Strategist of Belus Capital, perhaps grudgingly, reiterated a Hold rating on J.C. Penney (NYSE: JCP) and raised his price target from $9 to $9.50. Sozzi said if you are going by "Mr. Market", it would appear...
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Belus Capital: Wal-Mart Will Deliver A 'Knockout Blow' To Investors In Q2 Earnings Report
Tuesday, August 12, 2014 - 9:07am | 200Read More...In a note released Tuesday morning, Belus Capital's Brian Sozzi said the firm's June 5 initiation of Wal-Mart (NYSE: WMT) at Sell with a $71 price target has been "Justified" by all subsequent news flow. "Wal-Mart is on the cusp of truly delivering a knockout blow to...
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Sozzi Warns Investors To Be Worried About Target
Wednesday, August 6, 2014 - 8:42am | 282Read More...According to Brian Sozzi, CEO and Chief Equities Strategist of Belus Capital Advisors, "it is ultimately the revised non-GAAP earnings guidance, which captures the very core performance of the business, that should be of worry to Target (NYSE: TGT) investors." Sozzi stated that Target...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092Read More...U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Retail Analyst Brian Sozzi On Target: A Picture Is Worth A Thousand Words
Tuesday, August 5, 2014 - 4:31pm | 370Read More...Retail analyst Brian Sozzi of Belus Capital Advisors is no stranger to conducting “on the ground” research, to form his own personal analysis. In fact, Sozzi was one of the first analysts to make it clear that Target (NYSE: TGT) has a major inventory problem in Canada. Consider...
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How Starbucks Is Boosting Profits With Redesigned Stores
Saturday, August 2, 2014 - 3:04pm | 713Read More...Starbucks (NASDAQ: SBUX) is remodeling its retail stores to have a more community-reflected, localized feel to them. It's boosting profit margins, according to Brian Sozzi, CEO and chief equities analyst for Belus Capital Advisors. In an article for TheStreet, Sozzi interviewed Starbucks...
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UPDATE: Belus Capital Upgrades Starbucks Ahead Of Q314 Earnings
Monday, July 21, 2014 - 8:25am | 257Read More...In a note released Monday morning, Belus Capital CEO and Chief Equity Strategist Brian Sozzi upgraded Starbucks (NASDAQ: SBUX) from Hold to Buy. He also has an $85 price target on the stock. Sozzi admitted he has concerns as to what might happen in regard to coffee prices. However, he...
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Lululemon Athletica Hits New Low, 'Lacks Catalyst'
Friday, June 13, 2014 - 12:23pm | 195Read More...Lululemon Athletica (NASDAQ: LULU) shares hit a new 52-week low Friday after a 16 percent plunge a day earlier on news that the yoga-wear retailer cut its 2014 outlook and posted a mere one percent uptick in same-store sales for the recent quarter. Robert Baird downgraded the shares to Neutral...
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Market Wrap For June 5: Markets Positive Before Friday's Employment Report
Thursday, June 5, 2014 - 4:35pm | 2244Read More...U.S. stocks were positive after the European Central Bank implemented steps to fight disinflation, including negative interest rates. On the home-front, initial jobless claims rose last week but that didn't stand in the way of the S&P 500 and Dow Jones indices trading at historical all-...
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UPDATE: Belus Capital Initiates Coverage On Wal-Mart, Suggests 'Grassroots Intelligence-Finding Mission'
Thursday, June 5, 2014 - 8:50am | 324Read More...In a note released Thursday, Brian Sozzi, Belus Capital CEO and Chief Equities Strategist initiated coverage on Wal-Mart (NYSE: WMT) with a Sell rating and a $71 price target. Sozzi wrote, "lately, there has been this creepy emotion inside of me that the company is headed towards a dark...
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Is Staples Nearing The End? Brian Sozzi Suggests So
Tuesday, May 20, 2014 - 4:02pm | 478Read More...Shares of Staples (NASDAQ: SPLS) have plummeted over 13 percent following the release of its first quarter 2014 results. Belus Capital's Brian Sozzi began his breakdown of the company by presenting the one key question he considers as he begins his analysis of any retailer: "Does XYZ company...
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Brian Sozzi Sees 'Red Flag' In Wal-Mart's Underlying Business
Thursday, May 15, 2014 - 10:08am | 371Read More...Belus Capital Advisors CEO and Chief Equities Strategist Brian Sozzi commented on Wal-Mart's (NYSE: WMT) disappointing first quarter. With shares up approximately four percent leading up to the press release, Sozzi remarked “Not only does that buying interest in Walmart shares look foolish in...
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Wal-Mart Slides On Disappointing Top & Bottom Line, Guidance Results
Thursday, May 15, 2014 - 9:29am | 403Read More...Wal-Mart (NYSE: WMT) reported disappointing top and bottom line first quarter results on top of even worse guidance. Sales for the quarter moved 0.8 percent higher than last year, bringing revenue to $114.2 billion. This is a 1.1 percent miss from the analyst consensus. Much of the slow...
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Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443Read More...U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
