Short Interest in JC Penney Plummets 23 Million Shares
The turnaround of a company's share price, presumably based on a turnaround of its business, is never complete until the naysayers retreat.
The turnaround of a company's share price, presumably based on a turnaround of its business, is never complete until the naysayers retreat.
With temperatures across North America currently between 10 ad 20 degrees above average and set to remain so, a host of retailers look poised to take a considerable hit on their cold…
The Gap has been closing stores for several years. Based on its recent earnings results, the process should not be over.
The top analyst upgrades, downgrades and initiations seen on Wednesday, February 24, include First Solar, Ford, Frontier Communications, JPMorgan, Macy's and Yamana Gold.
Macy's reported better-than-expected fiscal fourth-quarter financial results before the markets opened on Tuesday morning.
Macy's is scheduled to report its fiscal fourth-quarter financial results before the markets open Tuesday.
24/7 Wall St. has put together a preview Macy's, Best Buy and other major retailers that will report their quarterly earnings in the coming week.
A few months ago, Walmart (NYSE: WMT) found itself consigned to the retail junk yard. Too big. Too many more modest sized big box retailers. Amazon (NASDAQ: AMZN). No longer the case.…
Retailers saw a 3% rise in holiday sales for November and December combined to $626 billion, according to the National Retail Federation.
Now Macy's has to unload the inventory it couldn't sell over the holidays, and some of the deals are exceptional.
Macy's had a tough run over the holiday season and the company suffered, but no one thought that it might be this bad.
Kmart, Sears and J.C. Penney almost certainly had poor fourth quarters. Most likely, none of them can afford to keep store counts at current levels.
Unusually warm fall and early winter weather had a sharp impact on retail sales in the fourth quarter of 2015, and the latest weather forecast does not appear to be offering any…
24/7 Wall St. is taking a look at the bottom line for companies in the S&P 500 going into 2016, and we have chosen some of the least expensive stocks for the…
The apparel business has been soft in the past few months, and department stores like Macy's are offering big savings on a huge variety of items.