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Barron's Picks And Pans: Coca-Cola, Sprouts Farmers Market, Mirati Therapeutics And More
Sunday, October 25, 2020 - 8:21am | 902This weekend's Barron's cover story examines the prospects for an iconic beverage giant in a post-pandemic world. Other featured articles discuss emerging markets stock on the rise and where to find yield in utilities. Also, the prospects for medical REITs, a supermarket operator, cancer-...
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This Week's Spotlights: Economic Data, Earnings, COVID-19 Recovery
Tuesday, June 9, 2020 - 11:34am | 727Among key business events for the week is the Job Openings and Labor Turnover Survey for April which is down from 6.2 million in March. Additionally, stocks surged last Friday due to better-than-expected May jobs data, showing us that the economic recovery from the coronavirus lockdown is...
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Macy's Raises $4.5B In Funding To Navigate Post-Pandemic Reopenings
Tuesday, June 9, 2020 - 12:27am | 380Macy’s Inc. (NYSE: M) announced on Monday that it had raised a total of $4.5 billion in new financing round, which includes the previously announced $1.3 billion in 8.375% in senior secured notes, as well as $3.15 billion in borrowings against its real estate assets. What Happened Macy...
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How You Should Be Thinking About The Health Of A Retail Business
Friday, May 15, 2020 - 12:22pm | 786At the outset, 2020 was shaping up to be a good year for retail, buoyed by low unemployment and a strong consumer base. However, the COVID-19 coronavirus became a global pandemic, forcing thousands of businesses to close and endangering the existence of high debt, low profitability retailers. As...
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Barron's Picks And Pans: Alphabet, Capital One, Macy's, Skechers And More
Sunday, December 8, 2019 - 12:33pm | 647This weekend's Barron's cover story includes 10 picks for the small-cap rally. Other featured articles discuss a consumer finance stock that looks attractive now and a struggling retailer in need of a miracle. Also, the prospects for a travel company, a technology giant, an athletic shoe...
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Macy's Reports Same-Store Sales Decline And Data Breach
Thursday, November 21, 2019 - 9:49am | 947Popular retail giant's stock is down and is one of the worst performing name in the S&P 500, with its stock down being slashed 46% this year. As this wasn't enough, in a serious data breach, popular US retail giant Macy's Inc (NYSE: M) has admitted that cyberthieves stole customers...
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Tuesday's Market Minute: Earnings Stumble Out Of The Gate
Tuesday, November 19, 2019 - 9:20am | 491Earnings are off to a poorer start this week as Home Depot Inc (NYSE: HD) and Kohl's Corporation (NYSE: KSS) both missed. Although Home Depot reported revenue was impacted by investments into its business, which may pay off in the longer term, it cut its guidance for the second quarter in...
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Barron's Picks And Pans: Medtronic, Tesla, Walmart And More
Sunday, November 17, 2019 - 12:49pm | 723This weekend's Barron's cover story explains how to generate income in retirement. Other featured articles discuss big tech's take on banking and retailers that have been left behind. Also, the prospects for a medical devices maker, a financial services play, a retail giant still...
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Benzinga's Bulls & Bears Of The Week: Apple, Colgate, Ford, Macy's And More
Sunday, May 27, 2018 - 10:21am | 794Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the iPhone maker and a department store operator. Bearish calls included big automakers and a consumer products maker. The broader equity markets are now up about 3 percent since the...
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Benzinga's Bulls & Bears Of The Week: Apple, Bitcoin, Macy's, Verizon And More
Sunday, May 13, 2018 - 9:03am | 798Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a top telecom and a couple of China-based companies. Bearish calls included a department store operator and a satellite radio giant. After three weeks with little to no gain, despite...
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Insider Buys Of The Week: Intercept Pharmaceuticals, Macy's And More
Sunday, April 15, 2018 - 5:05pm | 875Insider buying can be an encouraging signal for potential investors. Insiders at a biotech took advantage of a secondary offering this past week. Several retailers saw notable insider purchases as well. Conventional wisdom says that insiders and 10-percent owners only buy shares of a...
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Barron's Picks And Pans: Chevron, Corning, GlaxoSmithKline And More
Sunday, December 31, 2017 - 11:48am | 589This weekend's Barron's examines why things may be looking up for one big oil company. Other featured articles offer the prospects for a big drug maker facing stiff competition and a glassmaker that may see growing demand. Also, the first FANG component to offer a dividend and...
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You Wanted Dillard's Because Of The Real Estate? Here It Is
Thursday, August 10, 2017 - 10:46am | 675Retail stocks are getting the beats Thursday after three big-box retailers' second-quarter earnings. Despite exceeding Wall Street's estimates for EPS and revenue, Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) are down 5 and 9 percent respectively despite initially popping...
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Retail Roundup: 9 Fresh M&A Rumors
Tuesday, May 30, 2017 - 8:11am | 846It can be hard to keep up with ever-changing M&A rumors; here's the situation for nine companies worth tracking. Abercrombie & Fitch Co. (NYSE: ANF) This clothing retailer is reportedly the target of a joint acquisition by American Eagle Outfitters (NYSE: AEO) and Cerberus Capital...
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Retail's Last Hope: Store Credit Card Profits?
Saturday, May 20, 2017 - 8:20am | 846The financial struggles of American retailers were underscored by quarterly earnings reports from companies in the space. The Trends In Retail Stocks Shares of J C Penney Company Inc (NYSE: JCP) were hammered on May 12, falling about 14 percent after JC Penney's reported a revenue miss. Ahead...