Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Teen Apparel Store Closures
According to Sozzi, specialty retailers Forever 21 and H&M may continue to “cause headaches” for companies like Abercrombie & Fitch (NYSE: ANF), Aeropostale (NYSE: ARO) and American Eagle Outfitters (NYSE: AEO). Sozzi notes that all three companies have already laid out plans to close additional stores throughout 2015 and beyond.Sears Searches For Cash
As of the beginning of November, Sears Holdings (NASDAQ: SHLD) amassed $1.6 billion in losses, compared with $969 million a year ago. As a result, the company saw its cash and cash equivalents reading on its balance sheet to plummet to $326 million from $1 billion as of February 1.According to Sozzi, Sears management will feel the pressure to find sources of external cash to operate in 2015.Target Travels Out of Canada, ‘Sort Of'
According to Sozzi, Target (NYSE: TGT) “is likely” to close a “good number” of its Canadian store base so its Canadian operations can operate at a “more manageable level.” Sozzi adds that by doing so the company can “build the business from the ground floor in the best locations.”The savings from closed Canadian stores could be redirected toward a more aggressive online and physical store presence in the U.S. or even used to resume share repurchases.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.