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Weak Holiday Comp Sales Reports Drive Traditional Retail Stocks Down
Thursday, January 9, 2020 - 12:18pm | 661Weak holiday sales reports sent Kohl's Corporation (NYSE: KSS) and JC Penney Company Inc (NYSE: JCP) shares tumbling Thursday while bolstering the notion of a humbug holiday for traditional retailers who couldn't compete with online sellers. Kohl’s announced a 0.2% drop in comparable...
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Simon Property Group Inc Presents A Compelling Bullish Case
Tuesday, September 16, 2014 - 12:44pm | 759Mall landlords own some of the most valuable and irreplaceable real estate in the U.S. and around the world. The largest collection of these crown jewels -- 228 Class-A malls -- is owned by $52 billion cap REIT giant Simon Property Group Inc (NYSE: SPG). Simon presented at a Barclays PLC...