ThinkstockMajor U.S. retailers are announcing their hiring plans for the coming holiday shopping season, and the first two announcements have come in below last year’s totals. Kohl’s Corp. (NYSE: KSS) said last…
ThinkstockThe activist investor has been around forever on Wall Street. For years the portfolio managers and equity strategist at the big mutual fund companies were the ones that really could drive change…
ThinkstockRetail sales during the 2013 holiday shopping season are forecast to rise by 2.4%, but store traffic is expected to decline by 1.4% from year-ago levels. Compared with last year’s sales gain…
courtesy J.C. Penney Co. Inc.The money that hoped to build back the confidence from investors and customers in the century-old J.C. Penney Co. Inc. (NYSE: JCP) is now almost completely gone. William…
ThinkstockRetailers are announcing August same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.2% year-over-year, compared with a 4.2% gain in July and a 4.3% gain in June.…
ThinkstockLabor Day is always an interesting holiday, and it has serious ramifications on consumer spending and on the economy. The 2013 back-to-school spending has been down after a record 2012, and this…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ.C Penney Co. Inc. (NYSE: JCP) continues to face unprecedented drops in traffic and sales that, to some extent, caused its largest shareholder Bill…
Jon OggNow that stocks have pulled back and interest rates have risen, investors are looking for more guidance on which stocks they should still buy and which stocks they should sell or…
August 21, 2013: Markets opened mixed this morning as traders and investors waited for the afternoon’s release of the July FOMC meeting minutes. Existing home sales rose more than expected in July.…
courtesy of TargetIn its second-quarter earnings report released before markets opened on Wednesday, Target Corp. (NYSE: TGT) announced adjusted earnings per share (EPS) of $1.19 on revenues of $17.12 billion, compared with…
courtesy of Wal-Mart Stores Inc.Walmart is the largest American employer, with a workforce of nearly 2.2 million people. However, because of its international reach, only 1.3 million of those were employed in…
Jon OggNow that interest rates have risen and stocks have slid, investors are looking for bargain stocks but also trying to decide which stocks they should get out as well. These same…
ThinkstockSo far this earnings season U.S. retailers haven’t put up a very good show. Retailers that have already reported results said that customers had become cautious again during the quarter and same-store…
August 8, 2013: U.S. equity markets opened higher this morning after China reported that its trade surplus narrowed to $17.1 billion in July, well below an expected surplus of $27.2 billion. Elsewhere…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Thursday, August 8, 2013. They include Crocs, Target, Tesla Motors and Royal Dutch Shell.
