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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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Replacing Cards In Target Hack Has Cost Banks $200 Million So Far
Wednesday, February 19, 2014 - 2:46pm | 572Read More...The cost of last year’s cyber-attack on Target (NYSE: TGT) has already exceeded $200 million. This has nothing to do with fines or lawsuits, or even Target. This is the cost banks and credit unions are bearing as they replace hacked credit and debit cards, according to The Verge. The Consumer...
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Market Wrap For February 18: Dow Finishes Lower, Nasdaq Still Hot
Tuesday, February 18, 2014 - 5:47pm | 3229Read More...U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...
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PetSmart vs. Staples - Who Packs A Better Investment?
Thursday, February 6, 2014 - 1:05pm | 605Read More...In the 1990s, the United States saw the proliferation of the big-box store, which saw warehouse-sized store locations housing hundreds of options for the consumer to choose from. Though they had existed before the '90s, it was about 20 to 25 years ago when the warehouse-sized store concept...
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Target Set To Lead The Way On Chip And Pin Credit Card Technology
Wednesday, February 5, 2014 - 4:36pm | 556Read More...Almost everyone agrees U.S. credit and debit card security technology is outdated and needs to be changed. The problem, until now, was that nobody wanted to be first. But Target Corp. (NYSE: TGT), which suffered a massive and highly-publicized security breach during the recent holiday shopping...
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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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Market Wrap For January 23: Chinese Data, Mixed Earnings Spooking Investors
Thursday, January 23, 2014 - 5:47pm | 2950Read More...Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...
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Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 5:58pm | 2705Read More...Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...
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Target Facing Problems Across Canada
Wednesday, January 22, 2014 - 3:52pm | 829Read More...Target (NYSE: TGT) has received its fair share of attention over the past few weeks because of its data breach that affected over 70 million American customers. Flying a bit under the radar is the company's recent expansion to Canada, which is off to a bumpy start. Target opened its first...
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Market Wrap For January 21: Dow Hit by Earnings; S&P And Nasdaq End The Day Positive
Tuesday, January 21, 2014 - 5:51pm | 2887Read More...Markets ended the day mixed with the S&P 500 ending a two day losing streak. The Dow ended the day slightly in the negative as several Dow components failed to fully satisfy investor expectations with their earnings today. Investors also digested the latest commentary coming from the Wall...
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Target Previously Trashed This Security Technology That It Now Embraces
Tuesday, January 21, 2014 - 1:26pm | 575Read More...When you’re hacked and far more than 40 million of your customers’ private data is posted on the internet, you better have a good answer to the question, “how will you prevent this from happening again?” Target (NYSE: TGT) CEO Gregg Steinhafel had an answer: A type of credit card company that...
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#PreMarket Primer: Friday, January 17: Banks Ruin Winning Streak
Friday, January 17, 2014 - 8:14am | 801Read More...Blame Goldman Sachs and Citigroup for putting the breaks on the rally Thursday and Best Buy didn’t help either by reporting holiday sales figures well below expectations and losing nearly 30 percent of value. The Dow ended down 0.4 percent to close at 16,417.01. The S&P had a more...
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Security Expert Sides With Starbucks, Thinks Hack Is Unlikely
Thursday, January 16, 2014 - 4:59pm | 775Read More...Security expert Kevin Baranowski does not think that consumers have to worry about the Starbucks (NASDAQ: SBUX) app vulnerability. "I think there's a risk that everybody needs to be concerned about," Baranowski, the Director of Business Development at Align Communications, told Benzinga. "People...
















