Bird Flu Outbreak Threatens Yum! Brands
courtesy of KFCShares of Yum! Brands Inc. (NYSE: YUM) plunged this morning following a downgrade on the company’s shares from analysts at UBS. The company already had forecast a weaker first half of 2013…
Retail
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Newest first · Page 271J.C. Penney, Macy’s Head Back to Court
courtesy J.C. Penney Co. Inc.Retailers J.C. Penney Co. Inc. (NYSE: JCP) and Macy’s Inc. (NYSE: M) are expected to resume their courtroom battle today following a month-long, court-ordered mediation period that apparently failed to…
Was the Record $2.1 Million T206 Honus Wagner Sale Actually Enough?
Goldin AuctionsFriday night brought the close to an auction of one of the greatest samples of sports collectibles, which has become an alternative form of investing now. A T206 Honus Wagner for the 1909…
Will Best Buy Have the Guts to Close Stores?
courtesy Best Buy Co. Inc.Since the of return founder Richard Schulze and its partnership with Samsung to place many stores inside its thousand locations, there remains a single and massive problem. Best Buy Co.…
EPA Settles Complaint Against Tyson Foods
ThinkstockThe U.S. Environmental Protection Agency (EPA) today announced a consent decree in a complaint against Tyson Foods Inc. (NYSE: TSN) related to multiple releases of anhydrous ammonia at 23 Tyson facilities in 4 states.…
Amazon CEO Ponies Up
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsIt has been quite a week for news website Business Insider. Co-founder, CEO and editor-in-chief Henry Blodget was the subject of a profile in The New Yorker and…
The Buzz on the Facebook Home
courtesy of Facebook Inc.A day after Facebook Inc. (NASDAQ: FB) announced its “Home” smartphone product, reviews about the both the phone and its effect on the future of the social network are widely mixed.…
More Quality and Competitive Worries for Lululemon
ThinkstockLululemon Athletica Inc. (NASDAQ: LULU) has suffered after its see-through yoga pants debacle. Many analysts downgraded the stock, and now we are seeing more analyst caution in the stock. We have not seen the…
Best Buy Finally Does Something Right — with Samsung
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) has found a smart way to use space at its deeply troubled retail outlets, which have been emptied of consumers, in large part, because these consumers can…
Ralcorp Acquisition Hits ConAgra Results
ThinkstockConAgra Foods Inc. (NYSE: CAG) reported fiscal third-quarter 2013 results before markets opened this morning. The food processor and packager reported adjusted diluted earnings per share (EPS) of $0.55 on revenues of $3.85 billion.…
Top Retail and Apparel Analyst Upgrades and Downgrades (ANF, ARO, AEO, GPS, GNC, GRPN, HBI, LTD, ROST, UA, URBN)
ThinkstockThis week should bring a lot of news from same-store sales for the retail and apparel sector. That makes it interesting that there are so many analyst calls in the space ahead of the…
IPO Glory for Pinnacle Foods
ThinkstockThe maker of Vlasic Pickles, Celeste Frozen Pizza, Van de Kamp fish sticks and a variety of other frozen and packaged foods, Pinnacle Foods Inc. (NYSE: PF) priced its initial public offering (IPO) at…
Will J.C. Penney Management Tell How Bad the First Quarter Is?
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) dove close to another 52-week low as any confidence that the market had in CEO Ron Johnson is now gone if it ever returned…
Analysts and Short Sellers, a Sentiment Climax on J.C. Penney?
courtesy J.C. Penney Co. Inc.Is it possible that J.C. Penney Co. (NYSE: JCP) is reaching a bottom as far as its stock price is concerned? It seems hard to believe, but something unusual has…
Another Share Offering at Dollar General
ThinkstockDiscount retailer Dollar General Corp. (NYSE: DG) said this morning that it will sell 30 million shares in a secondary offering and that all the shares on offer are being sold by existing shareholders.…