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Puts Purchased on Saks
Tuesday, August 9, 2011 - 1:43pm | 118Shares of Saks Incorporated (NYSE: SKS) are higher on the session by 2.09%, currently trading at $8.56. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago...
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Tuesday's Put/Call Ratio Leaders
Tuesday, August 9, 2011 - 12:53pm | 80Here are today's Put/Call Ratio leaders… 1. Saks Inc. (NYSE: SKS) 5,469 puts, 53 calls 2. CB Richard Ellis Group (NYSE: CBG) 9,706 puts, 128 calls 3. Central European Distribution (NASDAQ: CEDC) 9,646 puts, 153 calls 4. Temple Inland (NYSE: TIN) 13,568 puts, 233 calls 5. Chemtura Corp. (NASDAQ:...
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McAdams Wright Ragen Upgrades Nordstrom to Buy
Tuesday, August 9, 2011 - 9:50am | 112McAdams Wright Ragen is out with its report today on Nordstrom (NYSE: JWN), upgrading JWN to Buy from Hold. In its report, McAdams Wright Ragen writes, "We are upgrading Nordstrom to Buy from Hold based on valuation as we believe that the sell-off over the past two weeks – taking the stock from...
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McAdams Wright Ragen Upgrades Nordstrom To Buy, $50 PT
Tuesday, August 9, 2011 - 9:17am | 25McAdams Wright Ragen has upgraded Nordstrom (NYSE: JWN) from Hold to Buy and maintains its $50 price target.
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Kohls Earnings Preview: Analyts Expect Higher Revenue
Monday, August 8, 2011 - 11:02am | 522Kohls (NYSE: KSS) releases its next round of earnings this Thursday, August 11, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive...
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Ten Apparel Retail Stocks Worth a Look Now
Saturday, August 6, 2011 - 12:45pm | 1063The earnings spotlight turns to retail this coming week with quarterly reports due from the likes of Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN). Analysts are looking for earnings growth from these three. And investors may take some comfort from the fact that, last week, many...
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7 Big Buys From Billionaire David Tepper
Friday, August 5, 2011 - 3:27pm | 272By Darnell Brown David Tepper is the billionaire founder of the Appaloosa Management hedge fund. Appaloosa Management was founded in 1993 and is now a highly successful money management company with over $16 billion under their management. Mr. Tepper is known as a value investor, and today we will...
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Macy's Earnings Preview: Analyts Expect Higher Revenue
Friday, August 5, 2011 - 11:17am | 521Macy's (NYSE: M) releases its next round of earnings this Wednesday, August 10, 2011. Here's Benzinga's advanced look at Macy's' second quarter earnings report. Earnings and Revenue: Wall Street expects an EPS of 47 cents/share and revenues of $5.86 billion. Wall Street will be looking to see...
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Brian Sozzi Discusses July Retail Sales
Thursday, August 4, 2011 - 9:54am | 404Brian Sozzi from Wall Street Strategies is out with a research report on July retail sales, and is called it "the oddest month of same-store sales releases that I have ever seen." In the note, Sozzi goes on to say, "Simply, retailers across most sectors managed to triumph over the consensus same-...
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Saks Incorporated Announces July Comparable Store Sales; 12.8% Increase YoY
Thursday, August 4, 2011 - 8:33am | 109Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $191.0 million for the four weeks ended July 30, 2011 compared to $167.9 million for the four weeks ended July 31, 2010, a 13.8% increase. Comparable store sales increased 15.6% for the month. For the second quarter...
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J. C. Penney Company July Comparable Store Sales up 3.3%
Thursday, August 4, 2011 - 8:32am | 36J. C. Penney Company, Inc. (NYSE: JCP) reported today that its comparable store sales for the four-week period ended July 30, 2011, increased 3.3 percent over the same period last year.
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Kohl's July Comparable Store Sales Down 4.6%
Thursday, August 4, 2011 - 8:30am | 63Kohl's Corporation (NYSE: KSS) reported today that for the four-week month ended July 30, 2011 total sales decreased 2.9 percent and comparable store sales decreased 4.6 percent from the four-week month ended July 31, 2010. For the quarter, total sales increased 3.6 percent and comparable store...
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Nordstrom July Same Store Sales up 11.5%
Thursday, August 4, 2011 - 8:28am | 56Nordstrom, Inc. (NYSE: JWN) today reported a 6.6 percent increase in same-store sales for the four-week period ended July 30, 2011 compared with the four-week period ended July 31, 2010. Preliminary total retail sales of $993 million for July 2011 increased 11.5 percent compared with total retail...
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Macy's July Same-Store Sales up 5.0%
Thursday, August 4, 2011 - 8:02am | 52Macy's, Inc. (NYSE: M) today reported total sales of $1.612 billion for the four weeks ended July 30, 2011, an increase of 5.7 percent compared with total sales of $1.525 billion in the four weeks ended July 31, 2010. On a same-store basis, Macy's, Inc. sales were up 5.0 percent in July.
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Dillard's July Comparable Store Sales up 9%
Thursday, August 4, 2011 - 8:02am | 103Dillard's, Inc. (NYSE: DDS) announced today that merchandise sales for the four weeks ended July 30, 2011 were $458,493,000 compared to sales for the four weeks ended July 31, 2010 of $425,150,000. Total sales increased 8%. Comparable store sales increased 9% for the four weeks ended July 30, 2011...