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Dick's Slammed After Company Admits It Doesn't Know How To Calculate EBITDA
Article By: Tyler Durden
Sunday, May 14, 2017 2:58 AM EDT
First it was non-GAAP adjustments, then it was stock buybacks, then it was fudging the effective tax rate; and now, the most creative way to "boost" one's earnings.
In this article: DKS
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Worst Restaurant Tailspin Since 2009/2010 Crushes Lower End
Article By: Tyler Durden
Saturday, May 13, 2017 7:24 PM EDT
So another chain restaurant is “preparing” to bite the dust. Ignite Restaurant Group, which operates the Joe’s Crab Shack chain with 113 locations and the Brick House Tavern chain with 25 locations is preparing to file for bankruptcy.
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J.C. Penney Issues A Disaster In Q1 And Shareholders Take It On The Chin
Article By: Seth Golden
Saturday, May 13, 2017 7:07 PM EDT
J.C. Penney (JCP) reported an increasingly worrisome sales performance last week as the company announced its Q1 2017 results.
In this article: JCPNQ, M, KSS, TGT, BBBY, AMZN, WMT, UVXY
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Is Economic Growth Slowing – Is This Bull Market About To End?
Article By: Robert Maltbie
Saturday, May 13, 2017 6:51 PM EDT
US economic growth was expected to improve in 2017 but the initial release of the first quarter GDP was less than stellar. And bond yields declined recently – is this a forewarning of a weaker economy and what are the impacts on the equity markets?
In this article: SA, ARTX, GASS, HBIO, IRIX, LABL, STMP, ANIK, CNTY, CTRL
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War On Drugs Again
Article By: Marvin R Clark
Saturday, May 13, 2017 9:57 AM EDT
Attorney General Jeff Sessions made it official. The federal government will now reboot its war on drugs.
In this article: FDX, GE, JCPNQ, JWN, M, TEF, WFC, AMZN
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AskSlim Market Week - Fri., May 12
Video By: Steve Miller
Friday, May 12, 2017 10:07 PM EDT
Retail weighed down the other indexes this week; looking back and then looking ahead to next week.
In this video: AG, DDD, DDS, DHI, DRI, EA, JCPNQ, JWN, MAR, MCD, PHM, CAKE, NVDA, YELP, SPX
Watch
Retail Sector's Disappointing Earnings Results
Article By: Sheraz Mian
Friday, May 12, 2017 8:21 PM EDT
The earnings focus lately has been on the Retail sector, with J.C. Penney becoming the latest department store to follow the lead set by Macy’s, Kohl’s and Nordstrom. These reports reconfirm that these operators needed to reinvent their businesses.
In this article: HD, JCPNQ, JWN, KSS, M, TGT, WMT, UAA
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Goldman Took The Pulse Of Corporate America. Here’s What They Found
Article By: The Heisenberg Report
Friday, May 12, 2017 6:12 PM EDT
Goldman is out with the latest edition of their quarterly corporate “Beige Book,” in which David Kostin and his disciples comb through earnings transcripts in search of clues as to what management teams think is important.
In this article: AXP, AZO, BK, CB, DRI, HON, T, UNP, V
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Why Your Neighborhood Grocery Store Could Be The Next Victim Of The Retail Ice Age
Article By: Shah Gilani
Friday, May 12, 2017 5:25 PM EDT
The bricks-and-mortar retail "ice age" is quickly enveloping traditional grocers in its big chill.
In this article: COST, AMZN, WBA, WMT
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Goldman Ups Tiffany To Buy As Luxury Buyers' Spending Power Rises
Article By: The Fly
Friday, May 12, 2017 5:06 PM EDT
Goldman Sachs analyst Lindsay Drucker Mann upgraded Tiffany to Buy from Neutral and increased her price target on the stock to $107 from $82.
In this article: TIF
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How Amazon Killed The Department Store, In Five Charts
Article By: Tyler Durden
Friday, May 12, 2017 12:01 PM EDT
The market cap of Amazon alone is more than 8 times the entire US department store index.
In this article: AMZN
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J.C. Penney, Nordstrom Join Department Store Peers In Retail Wreckage
Article By: The Fly
Friday, May 12, 2017 11:51 AM EDT
Shares of J.C. Penney and higher-end peer Nordstrom added to the retail wreckage of the last few days, after reporting lower comparable store sales in the first quarter.
In this article: JCPNQ, JWN Also: M, KSS, ADDYY, NKE, SHLD, DDS
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Macy’s: 5%+ Dividend Yield And Trading Well Below Book Value
Article By: SureDividend
Friday, May 12, 2017 11:38 AM EDT
The stock prices of many retail stocks have been driven down – which increases dividend yields. Macy’s is an example of this.
In this article: M Also: AMZN, TGT, WMT
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Bulls Gather Conviction, Led By Tech, As Uncertainties Are Lifted
Article By: Sabrient Systems
Friday, May 12, 2017 11:16 AM EDT
Stocks continue to hold up well, encouraged by improving global fundamentals and a solid Q1 corporate earnings season.
In this article: SPY, VIX Also: MORT, PUW, ITB, IBLN, JETS, QVM, IPAY, WBIB, EEM
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Las Vegas Sands: Should You Wager On Its 5% Dividend?
Article By: SureDividend
Friday, May 12, 2017 10:11 AM EDT
Las Vegas Sands’ fortunes rely heavily on Macao. Some progress in Macao has been made in 2017, but just when it appeared to be gaining traction, the new ATM rule dealt another blow to Las Vegas Sands.
In this article: LVS
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J C Penney Company Inc. Tanks On Weak Same Store Sales
Article By: ValueWalk
Friday, May 12, 2017 9:54 AM EDT
J C Penney released its latest earnings report before opening bell this morning, posting adjusted earnings of 6 cents per share on $2.71 billion in revenue.
In this article: JCPNQ
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