-
Macy's Inc. - Value
Friday, January 28, 2011 - 1:00am | 824The mighty American department store was left for dead in the Great Recession but the crisis brought out much needed changes which have resurrected the sector. Macy's Inc. (M) is expected to grow earnings by 41% in fiscal 2010. The Holidays Were Good Macy's operates 850 Macy's and Bloomingdale's...
-
Mad Money Lightning Round OT: Cramer Sees Costco (COST) At $80 (JWN, ASYS, COST)
Thursday, January 27, 2011 - 8:37pm | 207On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he doesn't like the retail sector at this point. He believes that this sector is going to get stuck, because people are worried about commodity prices. Cramer also said that Nordstrom, Inc. (NYSE: JWN) should not be bought at these levels...
-
Delta: Breaking Down the First of the Greeks
Thursday, January 27, 2011 - 1:28pm | 2481Delta is a numerical value that describes an option in several interesting and useful ways, such as how much the option's price should move for a $1 move in the underlying stock, how much the option is almost exactly like its stock, and what the probability is of the option being in-the-money by...
-
Options Brief: Kohl's Corporation (KSS)
Thursday, January 27, 2011 - 11:55am | 78Shares of Kohl's Corporation (NYSE: KSS) are lower on the session by 0.36%, trading at $51.98. Overall put volume is now running at 2.18x the daily average, with 0% of all puts traded being purchases on the offer. 6,022 contracts have traded on the session so far. Kohl's Corporation operates...
-
A Long-Term Play in Exxon Mobil (XOM)
Thursday, January 27, 2011 - 10:29am | 1623Dow component Exxon Mobil (NYSE:XOM) saw some unusual option activity Tuesday as some option investors appear to have sold January 2012 80 calls (expiring in just under a year) and bought January 2013 90 calls (expiring in just under two years). Wednesday morning's open-interest translations...
-
Yahoo Revenue Hurting Prices - Analyst Blog
Wednesday, January 26, 2011 - 11:01am | 1144Yahoo! Inc. (YHOO) reported fourth quarter earnings that beat the Zacks Consensus estimate by 6 cents. This represented a 72.8% sequential and 179.2% year-over-year increase in earnings. Yahoo's revenue presentation is nothing short of confusing, making comparisons with prior periods extremely...
-
Yahoo Revenue Hurting Prices - Analyst Blog
Wednesday, January 26, 2011 - 10:13am | 1144Yahoo! Inc. (YHOO) reported fourth quarter earnings that beat the Zacks Consensus estimate by 6 cents. This represented a 72.8% sequential and 179.2% year-over-year increase in earnings. Yahoo's revenue presentation is nothing short of confusing, making comparisons with prior periods extremely...
-
Company News for January 25, 2011 - Corporate Summary
Tuesday, January 25, 2011 - 11:01am | 430• Corning Inc. (NYSE:GLW) reported EPS of $0.46, ex-items, matching the Zacks Consensus Estimate. Revenues for the quarter rose 15% year-over-year to $1.77 billion, ahead of the Zacks Consensus Estimate of $1.626 billion • Travelers (NYSE:TRV) reported Q4 EPS of $1.89, ahead of Zacks Consensus...
-
Company News for January 25, 2011 - Corporate Summary
Tuesday, January 25, 2011 - 10:34am | 430• Corning Inc. (NYSE:GLW) reported EPS of $0.46, ex-items, matching the Zacks Consensus Estimate. Revenues for the quarter rose 15% year-over-year to $1.77 billion, ahead of the Zacks Consensus Estimate of $1.626 billion • Travelers (NYSE:TRV) reported Q4 EPS of $1.89, ahead of Zacks Consensus...
-
Citigroup Reiterates Buy On JCP
Tuesday, January 25, 2011 - 8:43am | 93The strategic actions announced by J.C. Penney Company, Inc. (NYSE: JCP) are an indication that the company is working collaboratively with its largest shareholders to more efficiently allocate resources, Citigroup reports. “We were pleased to see the company capitalize on this low-hanging fruit,...
-
Timers Market 01-24-2011
Monday, January 24, 2011 - 7:40pm | 922Cusick's Corner Today's market can be surmised as a timers market. When we were wrapping up last year, I mentioned that 2011 market movements will not have the breadth that we experienced in 2010, especially in Q4. This means that certain sectors will gain traction while others lag, and not just...
-
Zings Of The Day (JCP, SLE)
Monday, January 24, 2011 - 4:55pm | 104J.C. Penney (NYSE: JCP) announced this morning it would be adding Bill Ackman and Steven Roth to its board of directors in an effort to create more shareholder value. Might I suggest carrying clothes I like? Sarah Lee (NYSE: SLE) received a joint bid from Bain Capital and Apollo Group, in excess...
-
Blue Chips Picking up Slack 01-24-2011
Monday, January 24, 2011 - 4:41pm | 898Cusick's Corner This week starts off with a change at the helm. Small Caps, RUT, have lost all momentum and the Blue Chips, DJX, are picking up the slack early in this earnings season. The S&P and NASDAQ are in a consolidation at this stage, most likely because the heavy data and earnings...
-
JCPenny Trading Up 7.19% (JCP)
Monday, January 24, 2011 - 12:42pm | 77Is now the time to enter JCPenny's (NYSE: JCP)? Shares are trading up 7.19% today following the announcement that the company had added new members to its board of directors. Bill Ackman increased his stake in JCP today, which last traded at $32.52, up from $30.34 from at yesterday's close.
-
JC Penney Adds New Members To Board Of Directors
Monday, January 24, 2011 - 10:06am | 193Citigroup has published a research report on JC Penney Company Inc. (NYSE: JCP) after the company announced it's plan to name Bill Ackman & Steven Roth as directors of the board. In the report, Citigroup writes "JCP announced that its Board of Directors agreed to name Bill Ackman, Founder and...