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Pro: End Of Staples-Office Depot A 'Real Big Setback For Both Companies'
Wednesday, May 11, 2016 - 3:46pm | 320Read More...Anthony Chukumba of BB&T Capital Markets was a guest on CNBC's "Power Lunch" segment Wednesday to discuss the pending merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), which has now been officially terminated. According to Chukumba, the...
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April Channel Checks Into Footwear, Apparel, Accessories Show 'Slow Start To Spring'
Monday, April 4, 2016 - 1:20pm | 267Read More...April channel checks of BB&T Capital Markets show that footwear, apparel and accessories had a "slow start to spring." "While the East Coast and parts of the Midwest arc bracing for a cold start to April, the West Coast Is forecast to have above average temperatures and a continued high level...
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BB&T Analyst Downgrades Bed Bath & Beyond To Underweight: Here's Why
Tuesday, January 19, 2016 - 11:31am | 269Read More...BB&T Capital Markets issued a company note on Bed Bath & Beyond Inc. (NASDAQ: BBY) after expectations of declining operating margins and low EPS growth. BB&T downgraded Bed Bath and Beyond from Hold to Underweight, while a price target is unavailable. Analysts Anthony Chukumba and...
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3 REITs BB&T Capital Is Buying
Tuesday, November 10, 2015 - 2:28pm | 406Read More...BB&T Capital Markets analyst David Toti recently assumed coverage on several residential REITs. Here’s a breakdown of BB&T’s top three names in the group. Camden Property Trust (NYSE: CPT) Toti explained that Camden’s major markets of Texas, Florida and Washington, D.C....
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Are Urban Outfitters-Anthropologie 'Overblown'?
Friday, June 12, 2015 - 3:10pm | 285Read More...In a report published Friday, BB&T Capital Markets analyst Paul S. Alexander upgraded the rating on Urban Outfitters, Inc. (NASDAQ: URBN) from Hold to Buy, with a price target of $42, following the recent pullback of the stock on concerns surrounding a slowdown at Anthropologie. Urban...
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BB&T Discusses GameStop's Beat And Raise
Monday, June 1, 2015 - 11:30am | 364Read More...In a report published Friday, BB&T Capital Markets analyst Anthony Chukumba reviewed GameStop Corp. (NYSE: GME)'s first quarter "beat and raise" print. "We were particularly impressed by GameStop's new video game software sales growth, which was the strongest since...
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Analyst: Under Armour Makes 'Splash'; Reiterating Buy
Wednesday, April 22, 2015 - 10:06am | 289Read More...In a report published Wednesday, BB&T Capital Markets analyst Corinna L. Freedman maintained a Buy rating on Under Armour Inc (NYSE: UA), with a price target of $93. The company's first quarter results showed continued strong performance of footwear and international momentum. UA reported Q1...
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UPDATE: BB&T Capital Markets Initiates Coverage On Sensient Technologies On Good Investment Opportunity
Tuesday, March 31, 2015 - 8:15am | 169Read More...In a report published Tuesday, BB&T Capital Markets analyst Brett M. Hundley initiated coverage on Sensient Technologies Corporation (NYSE: SXT) with a Buy rating and $81.00 price target. In the report, BB&T Capital Markets noted, "We are initiating coverage of Sensient with a Buy rating...
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Commodity Value Decline Hurt Joy Global, Wall Street Opinions Mixed
Friday, March 6, 2015 - 3:18pm | 660Read More...Joy Global Inc. (NYSE: JOY) reported first-quarter earnings Thursday that were lower than analyst expectations. EPS fell 52 percent year-over-year, and revenue came in at $703.9 million, falling short of the consensus estimate of $749.4 million. "Our first-quarter results highlight the...
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BB&T Capital On Urban Outfitters: 'Risks Overshadow Great Brands'
Thursday, October 23, 2014 - 9:31am | 200Read More...Paul Alexander of BB&T Capital Markets initiated coverage of Urban Outfitters, Inc. (NASDAQ: URBN) on Thursday with a Hold rating with no assigned price target. Alexander notes that Urban Outfitters has a portfolio of "compelling" brands which gives the company an advantage of its...
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Shares Of Stillwater Mining Moving On BB&T Note
Wednesday, July 2, 2014 - 1:26pm | 77Read More...BB&T analyst Garrett Nelson issued a note Wednesday in which he called Stillwater Mining (NYSE: SWC) an attractive takeover target citing a favorable cash position, geopolitical footprint and improving cost curve. To support this, Nelson noted management is confident that it will reach its...
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Pilgrim's Pride And Tyson Drop Following BB&T Downgrade
Friday, June 6, 2014 - 12:17pm | 73Read More...BB&T on Friday downgraded Pilgrim's Pride (NYSE: PPC) and Tyson Foods (NYSE: TSN). Shares are down 1.2 percent and 2.1 percent, respectively. Rating Changes Pilgrim's Pride: from Buy to Hold. Tyson Foods: from Buy to Hold, remove $44 price target.
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Over 1,000 Store Closures Coming For RadioShack Following Poor Earnings Report
Tuesday, March 4, 2014 - 3:06pm | 466Read More...It was a rough 2013 for RadioShack (NYSE: RSH). The electronics chain, like a lot of retailers, has been slammed by a still-weak economy and the ongoing migration of consumers from brick-and-mortar stores to shopping online. And despite a popular Super Bowl ad, poking fun at itself and its...
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Not Dead Yet: 3 Retailers That Are Apparently Defying The Odds
Thursday, February 27, 2014 - 4:45pm | 1335Read More...The retail industry has been in dire straits for some time now, and amid predictions of a tough 2014 for many major retailers there have also been death knells sounded for several stores have have been apart of the American consumer landscape for years, if not decades. However, recent earnings...
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Brick-and-Mortar Stores Strike Back Against Online Retailers
Tuesday, November 26, 2013 - 1:44pm | 595Read More...Shoppers looking to avoid long lines and physically draining shopping experiences have started to shift away from brick-and-mortar retailers and more towards online shopping. Even the shoppers who travel to stores are “showrooming," a practice in which the shoppers examine and test out products...
