|Bid||61.91 x 900|
|Ask||62.01 x 800|
|Day's Range||61.35 - 62.57|
|52 Week Range||37.79 - 66.33|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||20.26|
|Earnings Date||Nov 15, 2018|
|Forward Dividend & Yield||1.48 (2.41%)|
|1y Target Est||59.41|
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains discusses what's behind the NFL's improving TV ratings and dives into the Silicon Valley footwear startup taking on Nike (NKE) and Lululemon (LULU).
Sid Hasan left corporate America in 2016 to start MeSpoke, a digital community for retail shopping. The startup, founded in Florida and now based in Reston, is building a network with app downloads in 62 countries and some new recognition of its potential to change the apparel industry (see a recent Forbes article).
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes of DBUBS 2011-LC3 Mortgage Trust as follows: Cl. A-4, Affirmed Aaa (sf); previously on Oct 5, 2017 Affirmed Aaa ...
Can New CEO Bring JCPenney Back on Track? JCPenney’s (JCP) net sales declined 7.5% in the second quarter of fiscal 2018, which ended on August 4, causing a 6.0% fall in the net sales for the first half of fiscal 2018. JCPenney’s same-store sales increased 0.3% in the second quarter and 0.2% in the first half of fiscal 2018.
JCPenney (JCP) stock has risen 12.8% since the company announced the appointment of Jill Soltau as its new CEO on October 2. Investors welcomed the news of a new CEO who has about three decades of solid experience in the retail industry, which has included positions in companies like Shopko Stores, Sears (SHLD), and Kohl’s (KSS). Most recently, Jill Soltau was president and CEO of Jo-Ann Stores.
Historically, family-owned stocks have outperformed the market. And it makes some sense why that’s the case — and why those controlled companies might be stocks to buy.
Major indexes fell on October 10 due to investors’ fears about rising rates. The S&P 500 (SPY) fell 3.3%, while the Dow Jones fell 3.2% on October 10. However, JCPenney (JCP) stock rose 6.6% on October 10 due to news about the company extending its agreement with Synchrony Financial (SYF) regarding a marketing and servicing alliance for JCPenney’s credit card program. The amended agreement between the two companies extends the term of JCPenney’s credit card program until January 2027.
TJX Companies (NYSE:TJX) has become a quietly impressive stock. The rally occurred so slowly that it escaped the notice of most stock analysts. Since last November, TJX stock has quietly but steadily moved higher.
COPENHAGEN, Denmark (AP) — Her name conjures up Old Nordic tales about heroic accomplishments and that's exactly what Saga this summer did when she stumbled on a pre-Viking-era sword in a southern Sweden lake.
According to the GuruFocus All-in-One Guru Screener, the following stocks have outperformed the Standard & Poor's 500 index over the past 12 months and were bought by gurus during the last quarter. Warning! GuruFocus has detected 9 Warning Signs with AAPL. Kemper Corp. (KMPR) has a market cap of $5.03 billion.
Retail stocks including Nordstrom Inc. (down 2.1%), Kohl's Corp. (down 3%), Gap Inc. (down 3.3%) and Macy's Inc. (down 2.3%) have fallen in Tuesday trading after Amazon.com Inc. announced it was raising its minimum wage to $15 and advocating for a broader rise in the minimum wage to that level. Retailers, already feeling the pressure to attract and retain quality workers, could soon be feeling the tighter squeeze from larger, more competitive paychecks. "Amazon gets something of a free pass on profit levels from investors, so is able to manage market expectations," wrote GlobalData Retail Managing Director Neil Saunders in a note. "The same cannot be said for other retailers, many of which are under increasing economic pressure to increase wages and benefits. In our view, those moves could well impact earnings into the new year." The SPDR S&P Retail ETF , which is down 1.7% in Tuesday trading, has gained 8.3% for the year so far. The Amplify Online Retail ETF , down 3% in Tuesday trading, has gained 22.4% for 2018 to date. The S&P 500 index is up 9.4% for the year to date.
Stitch Fix (NASDAQ:SFIX) is plunging by over 30% Tuesday following its earnings announcement after the bell Monday. Now, the company must convince the public that growth for SFIX stock will continue. With the innovative capabilities of competitors, and the likely ability by some to offer this service for free, I recommend that investors stay away from Stitch Fix stock.
Though holiday deals seem to be creeping earlier ahead of Black Friday — turning the entire week into a shopping extravaganza — many retailers are staying closed on Thanksgiving to let workers spend the ...
Gloomy prospects are dragging down carrier stocks, making the sector the worst-performing in the Stoxx Europe 600 Index over the past two years. Carriers including Vodafone Group Plc, Telecom Italia SpA and Telefonica SA have struggled to turn demand for mobile broadband and faster, fiber-fueled, internet services into revenue growth because of intense competition in many local markets, which often have three or even four rivaling phone companies.
Europe’s phone companies are in a rut and investors are taking note. Gloomy prospects are dragging down carrier stocks, making the sector the worst-performing in the Stoxx Europe 600 Index over the past two years. Carriers including Vodafone Group Plc, Telecom Italia SpA and Telefonica SA have struggled to turn demand for mobile broadband and faster, fiber-fueled, internet services into revenue growth because of intense competition in many local markets, which often have three or even four rivaling phone companies.
Shares of the personalized styling service could swing wildly following its upcoming earnings report. Here's what could move it one way or the other.
SEATTLE, Sept. 27, 2018 /PRNewswire/ -- To further provide customers with access to more convenient services in their neighborhood, Nordstrom, Inc. today announced Nordstrom Local Brentwood (214 26th Street) will open its doors on Sept. 28th and Nordstrom Local Downtown Los Angeles (The Bloc, 750 W. 7th Street, Suite S200) will open on Oct. 12. Both stores bring unique services and design aesthetics to reflect the needs of customers who live nearby. Nordstrom opened its first Nordstrom Local on Melrose in Los Angeles in October 2017.
Do Macy’s Investors Expect a Better Second Half of the Year? Macy’s (M) 12-month forward PE multiple has declined 17.1% since the announcement of its results for the second quarter of fiscal 2018 in August. Macy’s exceeded analysts’ fiscal second-quarter expectations and raised its fiscal 2018 guidance.
Do Macy’s Investors Expect a Better Second Half of the Year? Macy’s (M) raised its sales guidance for fiscal 2018 in August after a better performance in the first half of fiscal 2018. As we’ve already seen in this series, Macy’s sales declined 1.1% in the fiscal second quarter, which ended on August 4, due to the impact of the shift in the Friends and Family promotional event to the fiscal first quarter.
Macy’s (M) stock was up 41.7% YTD (year-to-date) as of September 21. Macy’s and its department store peers have been taking several measures to grow their top lines amid intense rivalry from online retailers such as Amazon (AMZN). Macy’s net sales declined for 11 quarters and then recovered in the fourth quarter of fiscal 2017 and the first quarter of fiscal 2018.
Stocks facing tailwinds but there's hope on the retail front. Yahoo Finance's Seana Smith, Dion Rabouin, Brian Sozzi and Sean O'Hara of Director of Pacer Financial discuss.