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Alert: JC Penney To Close Stores This Year, Sozzi Says
Tuesday, January 12, 2016 - 4:10pm | 288Read More...J C Penney Company Inc (NYSE: JCP) has decided to shrink its operations this year. According to Brian Sozzi of The Street, the department stores operator plans to close seven of its roughly 1,060 U.S. stores over 2016. People from the company’s management team were at the ICR...
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Relypsa Lost Major Ground; Feuerstein Tweets Favus Report Said 'Nothing New'
Friday, January 8, 2016 - 9:17am | 331Read More...Shares of Relypsa Inc (NASDAQ: RLYP) were trading higher by more than 8 percent early Friday morning. The stock plunged more than 13 percent on Thursday following a bear research report by Elliot Favus of Favus Institutional Research. Adam Feuerstein, a senior columnist with The Street and known...
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Why Would Urban Outfitters Get Into The Restaurant Business?
Monday, November 16, 2015 - 2:09pm | 427Read More...Shares of Urban Outfitters, Inc. (NASDAQ: URBN) lost nearly 10 percent on Monday. Urban Outfitters announced it has agreed to acquire the Vetri Family group of restaurants, including the popular Pizzeria Vetri. The question investors are asking is simply, "Why would a retailer acquire a...
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Sozzi Reviews Saucy McDonald's Under Easterbrook's Management
Thursday, November 12, 2015 - 3:25pm | 409Read More...Shares of McDonald's Corporation (NYSE: MCD) have gained more than 20 percent year-to-date, standing among the best performers of the year. In a email, The Street’s Brian S. Sozzi pointed out that “with that big burden comes higher expectations for management.” The reporter...
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Doug Kass Pounds The Table On Netflix: Sell!
Friday, July 17, 2015 - 9:40am | 415Read More...Douglas Kass is the Manager of Seabreeze Partners and a Contributor to Real Money Pro at The Street. In an article published Friday, Kass stated that he doesn't "have a dog in the Netflix, Inc. (NASDAQ: NFLX) hunt" but if he was "fortunate" to hold shares of the...
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Why Should Nike Want Tiger Woods, Not Rory McIlroy, To Win The Masters?
Thursday, April 9, 2015 - 8:48am | 327Read More...Belus Capital Advisors CEO Brian Sozzi argued that Nike Inc (NYSE: NKE) may prefer Tiger Woods to win the upcoming Masters tournament over Rory McIlroy. In an article published Wednesday on The Street, Sozzi said the issue at hand is the fact that the 39-year-old Woods is still Nike's "go to" guy...
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What 1 Analyst Took Away From Wal-Mart's Investor Day
Wednesday, April 1, 2015 - 4:42pm | 372Read More...Shares of Wal-Mart Stores, Inc. (NYSE: WMT) closed down 1.8 percent on Wednesday following the company’s investor day. The retailer's U.S. business is undergoing a major restructuring, which management hopes will help deliver stronger same-store sales and profits this year. Wal-Mart U...
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Starbucks' New Wraps Highlight Its New Growth Driver
Tuesday, March 31, 2015 - 12:39pm | 327Read More...Starbucks Corporation (NASDAQ: SBUX) is known almost globally as a coffee roaster, coffee shop and café. However, the company is seeking to expand its footprint beyond coffee and morning/afternoon snacks, and into the lunch world. The company recently set a target of doubling its food...
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This Analyst Chatted With General Mills CEO And CFO
Thursday, March 19, 2015 - 11:24am | 514Read More...In an article published on TheStreet, Brian Sozzi of Belus Capital Advisors offered three reasons why "brighter days may be ahead" for General Mills, Inc. (NYSE: GIS) Sozzi talked to the company's Chief Executive Officer Ken Powell and Chief Financial Officer Don Mulligan and...
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Home Depot CFO Says They Were Surprised By Contractors
Friday, February 27, 2015 - 12:42pm | 282Read More...Home Depot Inc (NYSE: HD) this week reported strong results for the fourth quarter, beating all estimates and raising its quarterly dividend. Chairman, CEO and President Craig Menear commented, “We had a strong finish to the year, as strength across the store, the recovering U.S....
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Could Sears Stores Disappear? Brian Sozzi Thinks So
Thursday, February 26, 2015 - 1:20pm | 376Read More...In an article published on The Street on Thursday, Belus Capital Advisors CEO Brian Sozzi wrote that Sears Holdings Corp's (NASDAQ: SHLD) Chief Executive Officer and largest shareholder Eddie Lampert may have hinted that its stores may have to "virtually vanish" from America to...
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Micron Shares Pounded On Fears Of Loss Of Business From Apple; Stifel Defends
Tuesday, February 24, 2015 - 12:00pm | 245Read More...Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Micron Technology, Inc. (NYSE: MU) shares were trading lower by $1.40 (4.5 percent) at $30.00 in Tuesday's session. The catalyst for the decline is a report that the company may miss out on...
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Dunkin Brands: After 'Lukewarm' Guidance, Sozzi Talks About The 'Cronut' With CFO Paul Carbone
Friday, February 6, 2015 - 1:31pm | 337Read More...Dunkin Brands Group Inc (NASDAQ: DNKN) reported its fourth-quarter and fiscal year 2014 financial results on Thursday. In an article published on The Street, Brian Sozzi called the guidance “lukewarm,” and links it to “unsavory price competition in good old-fashioned...
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Cramer: Twitter, Google Deal Is 'Gigantic,' The 'Holy Grail'
Thursday, February 5, 2015 - 4:18pm | 354Read More...Social media stalwart Twitter Inc (NYSE: TWTR) surprised the Street when right before it is to declare its fourth-quarter results, it was announced that it has signed a deal with search giant Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG), which will allow the tweets from users become visible on Google...
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Takeaways From Brian Sozzi's Interview With General Mills U.S. Chief
Tuesday, February 3, 2015 - 11:22am | 272Read More...Brian Sozzi of Belus Capital Advisors recently interviewed General Mills, Inc.'s (NYSE: GIS) Executive Vice President and Chief Operating Officer of U.S. Retail Business Jeff Harmening for an article on The Street. Harmening told Sozzi that the company continues to capitalize on...
