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'A Subdued Market': Stock Market Update For The Week Ahead
Sunday, August 16, 2020 - 6:34pm | 2456The Last Week In A Nutshell What Happened: “This is a subdued market. We have recovered from the shock, but there have been a lot of sectors not really participating that much on the upside,” said ARK Invest CEO and CIO Catherine Wood. Remember This: “2020 is a year that is...
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Fintech Focus For August 11, 2020
Monday, August 10, 2020 - 6:14pm | 2346Daily Perspective: The definition of market prices is whatever the Fed says it will be. - Minerd Fintech Movers: The Federal Reserve recently announced the FedNow Service, which it said will be rolled out in a phased approach, with a target service date of 2023 or 2024. - Benzinga Coinbase hires...
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Benzinga's Bulls & Bears: Apple, GE, Starbucks, Tesla, And More
Monday, January 1, 2018 - 5:11pm | 761Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured giants in the coffee and electric vehicle arenas. Bearish calls included an old-school conglomerate and a specialty retailer. With the attention of many investors, traders and...
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How To Avoid The 'Black Friday Crunch'? Shop At Sears
Wednesday, November 1, 2017 - 5:04pm | 526Halloween has come and gone, which means it is now time to start looking forward to Black Friday shopping sales. The annual sales event is expected to be one of the busiest digital shopping days in U.S. history, according to a consumer insights and prediction report released by salesforce.com, inc...
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You Wanted Dillard's Because Of The Real Estate? Here It Is
Thursday, August 10, 2017 - 11:46am | 675Retail stocks are getting the beats Thursday after three big-box retailers' second-quarter earnings. Despite exceeding Wall Street's estimates for EPS and revenue, Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) are down 5 and 9 percent respectively despite initially popping...
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'Amazon Is Playing Hardball': Home Improvement Chains Slide After Kenmore, Alexa Join Forces
Friday, July 21, 2017 - 11:54am | 715With Sears Holding Corp (NASDAQ: SHLD) integrating its Kenmore product line with Amazon.com, Inc. (NASDAQ: AMZN), the home improvement space has suddenly shifted. Sears’ Kenmore appliances will now be sold on Amazon, and the line of Kenmore Smart appliances will be integrated with Amazon...
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XPO Logistics Could Be Big Winner From Sears-Amazon Deal
Thursday, July 20, 2017 - 11:12am | 330Sears Holdings Corp (NASDAQ: SHLD) announced on Thursday it will begin selling its complete line of Kenmore branded appliances on Amazon.com, Inc. (NASDAQ: AMZN) platform. While Sears' announcement is earning the praise of investors based on a
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A Former Sears Exec Just Trashed The Company's Current Management
Thursday, June 8, 2017 - 1:48pm | 399Sears Holdings Corp (NASDAQ: SHLD) is fighting hard to remain relevant in the retail environment, but at least one former executive isn't offering any moral support or encouragement. In an interview with TheStreet, Sears Canada's former CEO Mark Cohen blasted the company, including its most senior...
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Sears Is Pushing Back Against Suppliers Taking Advantage Of Its Woes
Tuesday, May 16, 2017 - 11:39am | 394Sears Holdings Corp (NASDAQ: SHLD)'s CEO Eddie Lampert said in early May that while his company may be struggling it most certainly isn't going bankrupt in the near term. The executive commented during the company's annual general meeting that anytime the word bankruptcy is used consumers can't "...
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Benzinga's Bulls And Bears For The Past Week: The Good, The Bad, The Ugly In Retail
Sunday, May 14, 2017 - 1:14pm | 701Benzinga has featured a look at many investor favorite stocks over the past week. Earnings reports from big retailers brought plenty of attention on retail stocks. The industry's woes continue, but it wasn't all bad news this week. The markets remain close to all-time highs and feel pricey to...
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Nordstrom Rack A Demonstration Of Retail's Perseverance Amid Department Store Chaos
Friday, May 12, 2017 - 10:00am | 524Nordstrom, Inc. (NYSE: JWN) shares were left reeling despite a first quarter that saw a beat on both the top and bottom lines. The department store, often viewed as one of the strongest company’s in a struggling retail environment, fell over 11 percent on Thursday. While comp sales fell 2.8...
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Sears CEO Eddie Lampert Says Using The Word Bankruptcy Is 'Very Unfair For Us'
Wednesday, May 10, 2017 - 3:36pm | 437There are many words to describe Sears Holdings Corp (NASDAQ: SHLD) current state of business: troubled, struggling, cash-strapped, unpopular. But don't use the coveted 'b' word to describe the business as it isn't going bankrupt, at least according to CEO Eddie Lampert. "It...
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Benzinga's Picks And Pans: IBM, Nike, Sears And More
Sunday, March 26, 2017 - 11:16am | 675Benzinga has featured a look at many investor favorite stocks over the past week. That includes one old-school tech giant changing with the times and a pending merger that may be a victim of politics. The outlooks for rail stocks, a struggling retailer and a popular shoemaker are also...
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Sears' Troubles Continue As Suppliers Shed Company
Thursday, March 23, 2017 - 10:03am | 425Sears Holdings Corp (NASDAQ: SHLD)'s stock plummeted 12 percent on Wednesday after the company acknowledged it now has "substantial doubt" over its ability to continue operating. Investors looking for a rebound in Sears' stock won't find it Thursday morning; Sears' stock fell another 4 percent...
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Sears Should Be A Warning Sign To Suppliers, Says Cramer
Wednesday, March 22, 2017 - 10:50am | 464Sears Holdings Corp (NASDAQ: SHLD) plunged more than 12 percent Wednesday after the company cautioned it now has "substantial doubt" over its ability to continue operating. CNBC's Jim Cramer was quick to point out Sears' new warning was "known to them" last month when it...