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Earnings Expectations For The Week Of November 11: Walmart And Other Retailers
Sunday, November 10, 2013 - 1:45pm | 1046Read More...Here is a preview of what earnings to expect for the week starting November 11. While Cisco Systems (NASDAQ: CSCO), Dish Network (NASDAQ: DISH) and Viacom (NASDAQ: VIAB) are expected to post earnings growth when they report quarterly results this week, the focus really will be on retailers like...
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Abbreviated Holiday Season Will Cost Stores $1.5 Billion
Wednesday, November 6, 2013 - 12:49pm | 588Read More...If you are wondering why more retailers are opening on Thanksgiving Day this year, the calendar might have a lot to do with it. Thanksgiving is on November 28, the latest it has been since 2002. That means six fewer days between Thanksgiving and Christmas and that translates to about $1.5...
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Will Kmart's 41-Hour Thanksgiving Shop-a-thon Be Enough?
Tuesday, November 5, 2013 - 12:11pm | 737Read More...Sears Holdings (NASDAQ: SHLD) owned, Kmart will open at 6 a.m. Thanksgiving Day and stay open for 41 consecutive hours until 11 p.m. on Black Friday. To date, this decision represents the earliest Thanksgiving Day opening of any major retailer yet. Black Friday as the traditional beginning of...
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Merging Office Retailers See Short Interest Surge (AVP, ODP, OMX)
Sunday, October 27, 2013 - 7:09pm | 996Read More...The back-to-school shopping season was underwhelming, and the government shutdown shook economic confidence ahead of the holiday shopping season. Among struggling retailers, Avon Products (NYSE: AVP), Office Depot (NYSE: ODP) and OfficeMax (NYSE: OMX) saw significant upswings in short interest in...
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J.C. Penney Given a $1 Price Target
Monday, October 21, 2013 - 2:42pm | 444Read More...What makes for a really bad day at J.C. Penney's (NYSE: JCP) corporate headquarters? When your stock is reiterated a “Underperform” and a $1 price target is placed on it. There are certainly a significant amount of people who advise never to listen to an analyst, but judging by Monday’s...
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Barnes & Noble, J.C. Penney See Short Interest Rise (BKS, JCP, OMX)
Sunday, October 13, 2013 - 1:11pm | 983Read More...The back-to-school shopping season was underwhelming, and economic confidence is plummeting ahead of the holiday shopping season. Among troubled retailers, Barnes & Noble (NYSE: BKS), J.C. Penney (NYSE: JCP) and OfficeMax (NYSE: OMX) saw significant upswings in the number of their shares sold...
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Where to Find Holiday Jobs This Season
Friday, October 11, 2013 - 11:49am | 652Read More...It’s October, and you know what that means—stores have had Christmas/holiday merchandise on the shelves for a few weeks already. Remember when “the holiday season” started once Santa made his appearance at the Macy’s (NYSE: M) Thanksgiving Day Parade? Not anymore! The scrooges of the world may...
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Avon And Rite Aid Still Attracting Short Sellers (AVP, PSUN, RAD)
Thursday, September 26, 2013 - 12:57pm | 1021Read More...Among troubled retailers, Avon Products (NYSE: AVP), Pacific Sunwear (NASDAQ: PSUN) and Rite Aid (NYSE: RAD) saw significant upswings in the number of their shares sold short during the first weeks of September. Below is a quick look at how these three have fared and what analysts expect from them...
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These Two Stocks Are Moving Closer to Death By The Day
Thursday, September 26, 2013 - 7:58am | 543Read More...If you think you know which two stocks, you’re probably right. Watching their rapid march towards death has to make one feel sorry for all of the employees who may soon (or already have) lost their jobs. Wednesday, Blackberry (NASDAQ: BBRY) and J.C. Penney (NYSE: JCP) saw huge moves to the...
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Wild Short Interest Swings In Barnes & Noble and Rite Aid (BKS, OMX, RAD)
Thursday, September 12, 2013 - 2:48pm | 987Read More...Overall, the short interest moves in troubled retail companies were mixed again during the latter weeks of August. However, Barnes & Noble (NYSE: BKS) and Rite Aid (NYSE: RAD) saw upswings of more than 30 percent in the number of their shares sold short. The short interest in Avon Products (...
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If You Thought The Government Had Sophisticated Spy Technology, Take A Second Look At Facebook
Friday, August 30, 2013 - 10:07am | 618Read More...Think, for a moment, about movies like “Enemy of the State” starring Will Smith or any one of the “NCIS” series. If you want something more real-world, think about all of the Edward Snowden leaks and the amount of government resources that have gone into silencing what was once a relatively low...
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Short Interest In J.C. Penney And Sears Still On The Rise (GME, JCP, SHLD)
Thursday, August 29, 2013 - 12:43pm | 986Read More...Overall, the short interest moves in troubled retail companies were mixed again during the initial weeks of August. GameStop (NYSE: GME), J.C. Penney (NYSE: JCP) and Sears Holdings (NASDAQ: SHLD) saw significant percentage swings in the number of their shares sold short. The short interest in...
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Ackman Done With J.C. Penney, Sells Entire Stake (JCP)
Tuesday, August 27, 2013 - 8:58am | 584Read More...Immediately following the closing bell Monday, news broke that Pershing Square Capital, the hedge fund operated by billionaire investor Bill Ackman, was liquidating its entire position in J.C. Penney (NYSE: JCP) The hedge fund held 39 million shares representing an 18 percent stake in the $3...
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Earnings Expectations For The Week Of August 19
Sunday, August 18, 2013 - 11:52am | 1241Read More...The earnings season for the big retailers is underway. Last week's second-quarter reports from Walmart (NYSE: WMT), Macy's (NYSE: M), Nordstrom (NYSE: JWN) and Kohl's (NYSE: KSS) may have been solid, but weak outlooks for the rest of the year disappointed investors. Many more retailers are on...
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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...
















