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Credit Suisse Says Sell J.C. Penney As Department Store Landscape Shifts
Article By: The Fly
Wednesday, January 18, 2017 12:26 PM EST
In a research note this morning, Credit Suisse analyst Christian Buss upgraded Nordstrom and Burlington Stores to Outperform, a buy-equivalent rating and downgraded J.C. Penney and Kohl's to Underperform.
In this article: JWN, BURL, JCP, KSS Also: URBN, M, TGT
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E J.C. Penney Downgraded: Nike Partnership Not A Savior For The Retailer
Article By: Seth Golden
Wednesday, January 18, 2017 8:45 AM EST
After several reiterations in the last week of trading, on January 18, 2017 Credit Suisse’s Christian Buss has downgraded J.C. Penney (JCP) from Neutral to Underperform.
In this article: JCP, NKE, KSS
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How Were Retail Sales This Holiday Season?
Article By: TheoTrade
Saturday, January 14, 2017 7:05 PM EST
As most expected, department store sales lost share to online sales this past holiday shopping season. Kohl’s and Macy’s saw 2.1% drops in comparable store sales in November and December. Amazon likely had a great Christmas.
In this article: KSS, M, AMZN
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The 7 Best Undervalued Retail Stocks For Dividends
Article By: SureDividend
Friday, January 13, 2017 9:46 PM EST
The following 7 retail stocks are cheap, generate solid profits, and offer high dividend yields to boot.
In this article: GPS, WMT, TGT, GME, BBBY, M, KSS Also: UA, AMZN, AAPL, T
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Markets Enjoy First Week As Retail Slumps
Article By: Yale Bock
Saturday, January 7, 2017 7:03 PM EST
On Wall Street this week, investors continued the trend of feeling positive about equities. The one area which detracted from the week of good feeling was in retail as Macy’s and Kohl’s warned, as did plenty of other companies in the sector.
In this article: AMZN, KSS, M
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