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Sunday, May 19, 2013 - 11:22am
Earnings Expectations for the Week of May 20
The start of the retail earnings season last week was a mixed bag. Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's (NYSE: M) was the standout,...
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Thursday, May 16, 2013 - 11:04am
Foot Locker and Other Specialty Retail Stocks Favored by UBS
A new report by analysts at UBS (NYSE: UBS) suggests there may be little upside ahead for department stores, due to such things as high inventories and unfavorable weather in the first quarter. However, they feel the prospects for some specialty retailers look more appealing. Four of the stocks...
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Sunday, May 12, 2013 - 2:29pm
Earnings Expectations for the Week of May 13
It's time for the big retailers to step into the earnings spotlight once again. This week we will be hearing from Walmart, the king of retailers, which is expected to report some annual revenue and earnings growth. And then there is struggling J.C. Penney, from which analysts predict a deeper net...
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Tuesday, May 7, 2013 - 9:45am
Senate Passes Online Sales Tax – House in Doubt
The U.S. Senate Monday voted 69 to 27 to pass legislation allowing states to require online retailers to collect sales tax whether or not they have a physical presence in the state. It probably doesn’t matter, at least not for now. The Senate is one thing; the House of Representatives is...
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Sunday, April 28, 2013 - 9:46am
Short Sellers Move into Avon and Bebe Stores
The short interest moves in troubled retail companies were mixed again during in early April. The number of shares sold short in Avon Products (NYSE: AVP), Bebe Stores (NASDAQ: BEBE), Best Buy (NYSE: BBY), GameStop (NYSE: GME), RadioShack (NYSE: RSH) and SuperValu (NYSE: SVU) increased between...
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Wednesday, April 17, 2013 - 4:16pm
Forget Your Bank – This is the Fastest Growing Type of Payment
It used to be for consumers who couldn’t qualify for a credit card or bank account, but all of that has changed according to new report published Wednesday. According to the report, Are Prepaid Cards Replacing Checking Accounts?, prepaid cards are currently the fast growing payment type...
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Friday, April 12, 2013 - 12:29pm
Short Sellers Retreat from Best Buy and Rite Aid
The short interest moves in troubled retail companies were mixed during the latter two weeks of March. The number of shares sold short in Bebe Stores (NASDAQ: BEBE), GameStop (NYSE: GME), Office Depot (NYSE: ODP) and Pacific Sunwear (NASDAQ: PSUN) increased somewhat between the March 15 and March...
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Wednesday, April 3, 2013 - 12:15pm
Three Retail Stocks to Sell or Short (JCP, RSH, SWY)
A research report from UBS (NYSE: UBS) released this week included a list of the analyst's “least preferred” stocks. The stocks on the list had an average potential downside of 20 percent. The list also offers candidates for investors to sell or to short. Three struggling retail stocks made the...
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Saturday, March 30, 2013 - 11:35am
Short Sellers Aim for Best Buy and Office Depot
The short interest in troubled retail companies was mixed but overall quiet during the first two weeks of March. The number of shares sold short in Bebe Stores (NASDAQ: BEBE), Bon-Ton Stores (NASDAQ: BONT), OfficeMax (NYSE: OMX) and RadioShack (NYSE: RSH) increased somewhat between the February...
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Thursday, March 28, 2013 - 12:59pm
'Welcome to Wal-Mart. Would You Mind Making a Couple of Deliveries on Your Way Home?'
At first glance, it sounds crazy. Reuters reported that Wal-Mart Stores Inc (NYSE: WMT) is considering a plan to have customers deliver packages to online buyers. OK, at second glance, it still sounds crazy. Maybe there’s a more reasonable explanation. Asking customers to deliver goods to...
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