-
'Here Comes The Artic Freeze To U.S. Retailers,' Says Brian Sozzi
Monday, January 26, 2015 - 3:13pm | 251Read More...Brain Sozzi, CEO and chief equities strategist of Belus Capital Advisors, wrote on Monday that an upcoming blizzard could hurt retailers' earnings results. The slow-moving winter storm is expected to hit the East coast on Monday evening, where areas such as New York City and Boston may...
-
Does Goldman Sachs' Sell Rating On JC Penney Really Mean Sell?
Thursday, December 4, 2014 - 2:23pm | 572Read More...“Sell” is a word seldom heard on Wall Street. The reason being that investors are much more interested in how far a stock can go up, rather than how low it can fall. Therefore, analysts spend a majority of their time researching stocks that will rally as opposed to one's that may...
-
Why This Analyst Thinks Sears Is No Longer A Retailer, But More Of A Donald Trump
Friday, November 7, 2014 - 9:50am | 431Read More...Following Sears Holdings Corp's (NASDAQ: SHLD) announcement in its preliminary third quarter results on Friday that it is "actively exploring" creating a REIT to generate "substantial proceeds," one analyst has questioned the move. "In what may go down as the single...
-
United Parcel Service, Inc. Prepares For Increased Online Orders This Holiday Season
Wednesday, October 1, 2014 - 12:59pm | 202Read More...The 2013 holiday season proved to be troublesome for shipping giant United Parcel Service, Inc. (NYSE: UPS) due to a swell in online orders, resulting in prolonged delays of package shipments. In a report published on Wednesday, The Street's Brian Sozzi outlined how UPS is preparing for the...
-
Belus Capital's Brian Sozzi: Wal-Mart's Q2 Earnings Report Is Rancid
Thursday, August 14, 2014 - 8:43am | 184Read More...In a note released Thursday morning, Belus Capital CEO and Chief Equities Strategist Brian Sozzi didn't hold anything back as he tore apart Wal-Mart (NYSE: WMT) following the company's second-quarter earnings report. Sozzi said the quarter was not only "stinky" for the...
-
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...
-
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...
-
Belus Capital Upgrades Starbucks To Buy
Monday, July 21, 2014 - 7:49am | 45Read More...Analysts at Belus Capital upgraded Starbucks (NASDAQ: SBUX) from Hold to Buy. Starbucks shares have surged 12.92 % over the past 52 weeks, while the S&P 500 index has gained 16.67 % in the same period. Starbucks' shares closed at $77.94 on Friday.
-
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...
-
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...
-
Gregg Steinhafel Steps Down As CEO Of Target
Monday, May 5, 2014 - 8:58am | 334Read More...It was announced Monday morning that Gregg Steinhafel will step down as Chairman, President and CEO of Target (NYSE: TGT). CFO John Mulligan will take the role of interim CEO as the company looks for a new executive and Roxanne Austin will replace Steinhafel as chairman. Steinhafel had been...
-
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...
