Why Department Store Stocks Move Inversely to Reliance on Holiday Shoppers
This year has been one of the worst on record for the big department chains, but some are hurting more than others.
This year has been one of the worst on record for the big department chains, but some are hurting more than others.
Judging by the share price action relative to financial improvements this year, JetBlue looks overvalued and Delta looks underpriced.
Macy's and Nordstrom, long-time Wall Street favorites, are now in the doghouse after their recent disappointing earnings reports and lackluster guidance.
Square CEO Jack Dorsey probably won’t feel like celebrating the initial public offering of the mobile payments processor that he founded in 2009.
Target can consider it flattering that after reporting profit and sales growth as well as an increase in customer traffic and increased earnings guidance, shares opened broadly down Wednesday.
If you want to make a leveraged bet on a turnaround in the retail sector this holiday season, Abercrombie & Fitch would be a good vehicle.
The big question now is whether Best Buy will follow Kohl's, with a positive surprise, or another Macy's, with disappointing earnings.
It has not been a particularly good year for some of the country’s biggest media firms, but twice in the past month Jefferies has picked CBS as a value stock to buy now.
Both HP and Hewlett Packard Enterprise declared dividends Thursday morning, the first since the former Hewlett-Packard split into two parts earlier this month.
The fact that stocks have not catapulted higher on the surprisingly strong nonfarm payrolls number on November 6 has some analysts worried about a Thanksgiving correction.
After oil prices dropped Wednesday following a build-up in U.S. crude oil stockpiles, Whiting Petroleum was one of those that took it on the chin.
Scripps Networks Interactive, the parent of HGTV and Food Network, was a bright spot in an otherwise gloomy media universe when it reported a surprising good quarter earlier this week.
Weight Watchers recently reported better-than-expected earnings and gave bullish guidance. Beating Wall Street consensus forecasts, though, is far less impressive when not much is expected of a company.
Anheuser-Busch and SABMiller have announced that they are merging into one company in a giant $107 billion deal.
Macy’s Inc. (NYSE: M) has been in total free fall since July, falling 36% from its 52-week highs. Much more important than its just-released earnings for signaling a turnaround will be its fourth-quarter earnings…
Between the October 15 and October 30 settlement dates, short interest declined in many of the most heavily shorted stocks traded on the Nasdaq.
Among the most shorted stocks trading on the New York Stock Exchange, General Electric drew the most attention from short sellers between the October 15 and October 30 settlement dates.
The IEA expects oil prices to reach $80 by 2020, citing lack of demand in developed countries and a continuing glut in supply.
If McDonald's continues to listen to consumers’ desires, perhaps its profits will continue to rise, even though it will be paying out higher salaries.
Best Buy needs a good holiday season to satisfy its shareholders, and the company is taking some risks to make sure it meets adequate sales numbers.