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Gilford Analyst: JC Penney 'Stabilized,' Calls Q1 & FY15 Outlooks 'Encouraging'
Monday, March 2, 2015 - 2:36pm | 371J C Penney Company Inc's (NYSE: JCP) shares were down more than 6 percent on Monday, after the company reported disappointing fourth quarter earnings last Thursday. Despite the fall, Gilford Securities analyst Bernard Sosnick said the "business has stabilized and outlook has brightened....
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Gilford Analyst: JC Penney REIT Wouldn't Solve Profit Problems
Wednesday, February 18, 2015 - 3:09pm | 321J C Penney Co Inc. (NYSE: JCP) prospects for spinning off its properties into a real estate investment trust would do little to solve its underlying difficulties, an analyst said Wednesday. Market chatter about JC Penney potential interest in the action caused its shares to spike briefly on...
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Gilford Securities Sees Buying Opportunity For Finish Line Inc
Thursday, October 2, 2014 - 8:00am | 135In a report published Thursday, Gilford Securities analyst Bernard Sosnick reiterated a Buy rating on Finish Line Inc (NASDAQ: FINL). In the report, Gilford Securities noted, “Last week there was a big letdown as Finish Line reported weaker sales and earnings than anticipated and the stock...
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J.C. Penney To Make Private-Label Brands a Priority
Friday, December 13, 2013 - 3:59pm | 382After two years of declining sales, shifts in top management and very public battles with activist investors, J.C. Penney (NYSE: JCP) finally showed some signs of life during Black Friday. The company hopes to continue its momentum by eliminating or drastically reducing some of the high-profile...
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Gilford's Bernard Sosnick Tells Ackman To Get Out Of J.C. Penney (JCP)
Monday, August 12, 2013 - 9:30am | 440In a sharp criticism of activist investor Bill Ackman's strategy with J.C. Penney (NYSE: JCP), Gilford Securities' Bernard Sosnick tells Ackman to "get out: for your sake and ours." Gilford has a Buy rating on J.C. Penney. Destructive Force "Bill Ackman, in our opinion, has been a destructive...
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Gilford Securities Reiterates Buy Rating on Bed Bath & Beyond on Company Transformation
Friday, June 28, 2013 - 11:27am | 152In a report published Friday, Gilford Securities analyst Bernard Sosnick reiterated a Buy rating on Bed Bath & Beyond (NASDAQ: BBBY). In the report, Gilford Securities noted, “Retailers with strategic vision are developing omnichannel capabilities to seize e-commerce opportunities and to...