|Bid||0.00 x 800|
|Ask||0.00 x 36100|
|Day's Range||1.25 - 1.34|
|52 Week Range||1.07 - 7.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 28, 2018 - Dec 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Friday.
The U.S. Census Bureau's official August retail sales data fell short of economists' expectations, with particularly poor results at department stores. But that may not be bad news for the likes of Kohl's, Macy's, and Nordstrom.
Target is among the hundreds of retailers and other companies pushing back against the new tariffs. U.S. Trade Representative Robert Lighthizer has received almost 6,200 comment letters on the tariffs so far. A coalition of roughly 300 retailers — including Kohl's, L.L. Bean, the Gap, Macy's and Under Armour — signed on to a letter strongly opposing the tariffs.
Moody's rating action reflects a base expected loss of 3.5% of the current balance, compared to 4.0% at last review. The total portfolio comprises 1,726 multifamily units and 37 retail units totaling 41,160 SF.
Moody's Investors Service, ("Moody's") has affirmed the ratings on twelve classes in JPMBB Commercial Mortgage Securities Trust 2014-C24 as follows: Cl. A-2, Affirmed Aaa (sf); previously on ...
Stanley Black's (SWK) CRAFTSMAN brand revamps with new logo, and more than 1,200 new products and tools under multiple categories.
The Craftsman brand has relaunched under new ownership, with Stanley Black & Decker Inc. adding new tools to the lineup and introducing a new logo. Stanley Black & Decker bought the Craftsman brand from Sears Holdings Corp. in 2017 for about $900 million in cash. The new tool lineup includes a VersaStack portable storage system and a new range of tape measures, including pro-quality tape measures with up to 13 feet of standout. Stanley Black & Decker shares have fallen 10.6% for the year so far while the S&P 500 index has rallied nearly 9% for the period.
The Great Recession conditioned consumers to wait for a deal. That's had a huge impact on making or breaking retailers in the past decade.
In a recent blog post, Sears Holdings CEO Eddie Lampert suggested that high pension contributions were a major cause of Sears' financial distress. It's one more sign that the company's leader has lost touch with reality.
NEW YORK, NY / ACCESSWIRE / September 17, 2018 / Both Nike and Sears ended in the green on Friday. Nike shares closed modestly in green on Friday, after hitting an all-time new high on Thursday in the midst of controversy over its latest ad featuring Colin Kaepernick. Struggling retailer Sears saw a pop despite any catalyst.
With too much debt and woefully neglected stores, it would take a miracle for the iconic retailer to survive.
There's still $3.18 billion in sales this quarter left to be donated to Home Depot and Lowe's and Costco , and a couple of stores in the mall, a little bit more than a billion dollars less than last year at this time.
"Sears is dying not only from a change in the retail environment, but from grossly misguided leadership," Eric Schiffer, CEO of the Patriarch Organization and Chairman of Reputation Management Consultants, told Real Money in an interview. Schiffer called Lampert's handling a "shameful mismanagement" of the legacy retailer. "Sears is a giant dumpster fire," he said emphatically.
A new round of tariffs sucked the wind out of the markets on Friday, but not enough to snowball any sort of large declines into the weekend. U.S. equities traded around flat on Friday, surprising given the decent rally we’ve had this week. Let’s look at our top stock trades.Top Stock Trades for Monday #1: General Electric
gained 3.3% after jumping over 20% in pre-market trading, as investors cheered some of the rare bright spots for the troubled retailer. Sears share prices rose to $1.25 per share after market close. As the beleaguered company is often referred to as a "zombie retailer" and Jim Cramer has labeled the company's results "pathetic", the jump was difficult to explain.
As Sears Holdings Corporation shares fall back to earth, rising over 20% leap up this morning, experts are wondering if the company might be able to utilize its strong real estate footprint to make a more sustainable share recovery. Sears jumped 3.3% as of 1:57 p.m. in New York. "The one thing Sears does have is space," Mary Epner, principal at Mary Epner Retail Analysis told Real Money in an interview.
Sears and J.C. Penney are two of America's oldest retailers, both charting a history of over 100 years. As Jim Cramer pointed out this morning, Sears is on the brink of disappearing even from its share donor status to competitors, which is more bad news for J.C. Penney.
The dying owner of the Sears and Kmart brands was scheduled to report its latest results today before the market open. Sears reported a net loss of $4.68 a share, worse than the year ago loss of $2.33 a share. Considering Sears has been aggressively closing stores and consolidating its operations to cut costs, the loss is a disappointment.