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Brian Sozzi, Retail Guru, Changing His Tune On J.C. Penney
Tuesday, March 11, 2014 - 3:01pm | 245Read More...On Tuesday, retail guru Brian Sozzi shared his thoughts on J.C. Penney (NYSE: JCP). Sozzi has been a J.C. Penney bear for a long time, even doubting the company following fourth quarter results, but he seems to be switching sides. In a video posted to The Street, Sozzi admits he has become “more...
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7 Of The Most Hated Stocks In The Market
Thursday, March 6, 2014 - 5:31pm | 1913Read More...While some companies appear to do well no matter what, public perception can still play an important role in a company's long-term fortunes. Poor management, bad publicity, unpopular or outdated products and just plain nausea from a roller coaster economy can all erode investor confidence in a...
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Target's Positive Quarterly Results Catch Some Investors Off-Guard
Wednesday, February 26, 2014 - 4:40pm | 608Read More...On Wednesday, Target (NYSE: TGT) reported its fourth quarter results. Investor sentiment was generally low. After all, the company is still in crisis mode: dealing with a massive data breach and word that its recent expansion to Canada is off to a poor start. Target's results may have caught...
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Chipotle's Co-CEO Takes Home $17 Million In Proceeds From Exercising Options
Thursday, February 13, 2014 - 2:09pm | 420Read More...Chipotle Mexican Grill (NYSE: CMG) Co-Chief Executive and Chairman Steve Ells exercised company options and sold 32,090 shares of Chipotle Mexican Grill stock at an average price of $550.11, collecting a cool $17,653,146. The options that Ells exercised were set to expire February 6, 2019....
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Sozzi's Retail Roundup: CVS Getting In Tune With Its Health Realignment
Wednesday, February 12, 2014 - 2:32pm | 488Read More...Last week, Brian Sozzi, CEO and Chief Equities Strategist at Belus Capital Advisors dropped by on Benzinga's PreMarket show to discuss retailers. Benzinga asked Sozzi to share his retail expertise on companies he does not normally follow and for his opinion on CVS (NYSE: CVS) decision to...
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Sozzi's Retail Roundup: Starbucks Still Needs To Adjust To Customer Demand
Monday, February 10, 2014 - 1:45pm | 419Read More...On Wednesday, Brian Sozzi, CEO and Chief Equities Strategist at Belus Capital Advisors dropped by on February 5 to Benzinga's PreMarket show to discuss retailers. Everyone who loves a cup of coffee has at some point likely visited a Starbucks (NASDAQ: SBUX) locations. Sozzi recognizes that...
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Sozzi's Retail Roundup: Radio Shack Abuzz After Super Bowl, But Still Struggling
Friday, February 7, 2014 - 12:11pm | 368Read More...Brian Sozzi, CEO and Chief Equities Strategist at Belus Capital Advisors dropped by on Benzinga's PreMarket Prep on February 5 to discuss retailers. While the Seattle Seahawks won the Super Bowl, Radio Shack (NYSE: RSH) won the “commercial-bowl” with its self-mocking ad that “the 80s called…they...
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Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034Read More...U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
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Brian Sozzi's Retail Roundup, Part 1: JC Penney
Wednesday, February 5, 2014 - 2:47pm | 516Read More...Brian Sozzi, CEO and Chief Equities Strategist at Belus Capital Advisors dropped by on Benzinga's PreMarket Prep on Wednesday to discuss retailers. J.C. Penney (NYSE: JCP) has been a hot topic as of late. On February 4, the company announced for the first time since the second quarter 2011 that...
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Market Wrap For February 4: Investors And Traders Go Bargain Hunting
Tuesday, February 4, 2014 - 5:40pm | 2983Read More...U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....
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Wal-Mart Sets Its Eyes On Winning The Canadian Market
Tuesday, February 4, 2014 - 5:10pm | 343Read More...Wal-Mart (NYSE: WMT) on Tuesday said that it will invest around C$500 million ($450 million) in 35 new supercenters between now and next January, Reuters reported. Wal-Mart's investment will improve its distribution network and e-commerce projects, while creating 7,500 jobs across the country. Wal...
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J.C. Penney: We're Back, Baby!
Tuesday, February 4, 2014 - 1:20pm | 364Read More...J.C. Penney (NYSE: JCP) on Tuesday reported that it has seen a two percent increase in same-store sales during the fourth quarter. J.C. Penney's announcement is significant because it marks the first time since the second quarter of 2011 that it showed a positive comp for the quarter. "While 2013...
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Wal-Mart Warns On Profits, Blames Winter Storms
Friday, January 31, 2014 - 9:50am | 288Read More...Wal-Mart (NYSE: WMT) issued a profit warning on Friday morning. The company sees its fourth quarter EPS at or below its previous guidance of $1.60 to $1.70. For the full year, the company expects its EPS to be at or slightly below the low end of its guidance of $5.11 to $5.21. “Despite a...
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Brian Sozzi of Belus Capital Speculates Major Changes Are Coming At Best Buy
Thursday, January 30, 2014 - 7:47am | 344Read More...In a note to clients, Brian Sozzi, CEO and chief equities strategist of Belus Capital Advisors released on Wednesday a research report on Best Buy (NYSE: BBY) titled “Could This Be One Development From Best Buy About To Surprise Everyone?” In the note, Sozzi explores Best Buy's Mobile store...
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Sozzi: Amid Lowered Poison Pill Threshold, JC Penney Highlights Apparent Disconnect Between Value And Assets
Tuesday, January 28, 2014 - 1:10pm | 520Read More...On Tuesday, JC Penney (NYSE: JCP) lowered the threshold on its existing shareholder rights plan, or poison pill, and extended its expiration date. “The amendments to the Company's rights plan include extending the plan's expiration date from August 20, 2014 to January 26, 2017, and lowering the...














