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Did Brian Sozzi Really Upgrade J.C. Penney?
Thursday, April 10, 2014 - 11:52am | 411Read More...Brian Sozzi of Belus Capital Advisors has certainly made his bearish position on J.C. Penney (NYSE: JCP) clear as he has not budged from his Sell rating dating back to January 2012. Until now. In a note to clients on February 26, Sozzi described J.C. Penney's loss per share quarterly report that...
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'Talented Blonde' Kristin Bentz Talks Retail And Her Favorite Company To Hate
Tuesday, April 1, 2014 - 3:56pm | 1075Read More...Kristin Bentz is the Executive Director of PMG Venture Group, a private equity firm with expertise in professional sports, media and luxury. Bentz is also President of Talented Blonde LLC, an advisory firm focusing on the consumer and retail industry and the author of the upcoming book It's...
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Market Wrap For March 25: Markets Snap Two-Day Losing Steak On Confidence Data
Tuesday, March 25, 2014 - 4:24pm | 1840Read More...U.S. stocks rebounded from a two-day losing streak as investors found plenty of positives in consumer confidence data which hit a six-year high in March. According to the Fed's Philadelphia chief Charles Plosser the Fed sees its bond purchasing program ending in October or November with rate...
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Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311Read More...U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
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Market Wrap For March 12: Nasdaq Ends Losing Streak, Dow Mildly Lower
Wednesday, March 12, 2014 - 4:51pm | 2142Read More...U.S. stocks were little changed as investors found no new positive (or negative) developments from Ukraine and no new economic reports from China. Stanley Fischer, the nominee for Federal Reserve vice chairman will deliver a prepared testimony ahead of his confirmation at the Senate Banking...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333Read More...U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 5:57pm | 2716Read More...U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
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Short Sellers Pick Up Some Avon And Rite Aid (AVP, RAD, SVU)
Saturday, March 1, 2014 - 2:19pm | 803Read More...Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Rite Aid (NYSE: RAD) and SUPERVALU (NYSE: SVU) saw significant swings in short interest between the January 31 and February 14 settlement dates. Tuesday Morning and HHGregg also saw a double-digit increase in the number of...
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Market Wrap For February 27: Yellen Talks Pushes Markets Higher
Thursday, February 27, 2014 - 5:47pm | 2887Read More...U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...
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Top Trending Tickers On StockTwits For February 27
Thursday, February 27, 2014 - 10:42am | 807Read More...Here's a look at the top tickers trending on StockTwits.com. J.C. Penney: Margin improvements, decent outlook Last night, J.C. Penney (NYSE: JCP) reported its fourth quarter results. The company announced an EPS of -$0.68, beating the consensus estimate of -$0.85. Revenue of $3.78 billion missed...
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J.C. Penney Rises After Reporting Improved Comps, Reduced Losses
Wednesday, February 26, 2014 - 5:52pm | 524Read More...J.C. Penney's (NYSE: JCP) fourth quarter results are not as bad as some had expected. The retailer has been struggling over the past 12 months amid weak sales, a CEO shakeup and an activist investor who pushed for change but ultimately gave up and walked away. "I think at this point so much of...
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J.C. Penney Earnings Preview: How Bad Will It Be?
Tuesday, February 25, 2014 - 8:10am | 754Read More...Struggling retailer J.C. Penney (NYSE: JCP), which George Soros's hedge fund recently exited, is scheduled to report its fiscal fourth-quarter and full-year results Wednesday, February 26, after the closing bell. Among other things, investors will have an eye on the company's liquidity and its...
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Tap Dancing On The Grave Of Bon-Ton Stores
Monday, February 24, 2014 - 2:23pm | 299Read More...On December 5, when Bon-Ton Stores (NASDAQ: BONT) was up more than 50 percent for the last month and closed at $17.51, Benzinga published the article, "3 Reasons to Short Bon-Ton Stores." At present, Bon-Ton Stores is now trading around $9.50. It is difficult to see Bon-Ton Stores recovering...
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Earnings Expectations For The Week Of February 24: Best Buy, Home Depot & More
Monday, February 24, 2014 - 8:19am | 1002Read More...Last week, Wal-Mart (NYSE: WMT) kicked off the parade of big retailers stepping into the earnings spotlight by offering up subpar same-store sales and weak guidance for the year. Inclement weather got some of the blame. Will that be so for Best Buy (NYSE: BBY), Gap (NYSE: GPS), Home Depot (NYSE...
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Market Wrap For February 13: Markets Close Higher; Nasdaq on a Six Day Winning Streak
Thursday, February 13, 2014 - 5:50pm | 2839Read More...U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...















