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Sears Holdings Names Deidra Cheeks Merriwether President of Retail Services Business Unit
Tuesday, January 4, 2011 - 4:31pm | 59Sears Holdings (Nasdaq: SHLD) announced today that Deidra Cheeks Merriwether has been promoted to SVP and president – Retail Services succeeding James H. Haworth who will be leaving the company to pursue other opportunities. Merriwether will be responsible for the oversight and leadership of...
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Sears Holdings Names Lana Cain Krauter President of Sears Apparel Business Unit
Tuesday, January 4, 2011 - 11:32am | 48Sears Holdings (Nasdaq: SHLD) announced today that apparel veteran Lana Cain Krauter will join the company as SVP and president – Sears Apparel. She will be responsible for the oversight, leadership and growth of Sears' apparel business, both in-store and online.
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Piper Jaffray Favors High-End Women's Retailers
Monday, January 3, 2011 - 9:08am | 133Piper Jaffray said today that it continues to favor the women's apparel retailers that cater to the higher-end of the economy, including Limited Brands, Inc. (NYSE: LTD) and Nordstrom, Inc. (NYSE: JWN). “We believe LTD was a clear winner in December based on our store checks in each of their two...
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Brian Sozzi Says Take A Look At Shorting Coach and Wal-Mart (COH, WMT)
Friday, December 31, 2010 - 11:29am | 123Brian Sozzi of Wall Street Strategies was just on CNBC and he said, if you like taking risk, that potentially Coach (NYSE: COH) and Wal-Mart (NYSE: WMT) are good shorts here. Sozzi said that he likes Coach's growth story, but he believes valuations are stretched at these levels. Regarding Wal-Mart...
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Market Roundup (BJ, M, JWN, LTD, HPQ, ADBE, AMZN)
Thursday, December 30, 2010 - 1:11pm | 248US retail stocks gained after higher-than-expected fall in the weekly jobless claims. The S&P Retail Index (RLX) rose about 0.31%. According to comScore, online holiday sales in the 56 days through December 26 gained13% to $30.81 billion. The gainers in the list included BJ's Wholesale Club Inc...
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Stock Market News for Dec 30, 2010 - Market News
Thursday, December 30, 2010 - 10:36am | 1016Even though the markets trimmed the intra-day rally during closing hours on Wednesday, the benchmarks still moved modestly upward to achieve new highs. After-effects of the snowstorm in the Northeast continued to keep investors away from the Street. In addition, the ongoing holiday season has...
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Stock Market News for Dec 30, 2010 - Market News
Thursday, December 30, 2010 - 10:07am | 1016Even though the markets trimmed the intra-day rally during closing hours on Wednesday, the benchmarks still moved modestly upward to achieve new highs. After-effects of the snowstorm in the Northeast continued to keep investors away from the Street. In addition, the ongoing holiday season has...
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Christmas Week Retail Sales Fell 4.1% (WMT, TGT, BBY, BBBY, LTD, M, JCP)
Thursday, December 30, 2010 - 10:03am | 119According to an article from TheStreet.com, retail sales last week fell 4.1% from the prior year, as the giant snowstorm in the Northeast probably cost retailers $1 billion in sales. ShopperTrak, which tracks retail shopping data, said foot traffic data was down 11.2% from a year ago on the day...
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3 Stocks For Jobless Claims (TGT, AZO, M)
Thursday, December 30, 2010 - 9:20am | 159Jobless claims are due out in 20 minutes for the week ending December 25. First time initial filers are expected to come in at 418,000, with continuing claims expected to come in around 4.06 million. Any number sharply below these numbers would send equities flying in the year end, as more people...
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Small Caps Move Impressive 12-29-2010
Wednesday, December 29, 2010 - 6:38pm | 863Cusick's Corner Today's session was just like the last three, a slow grind to the upside. This move has been impressive in the Small Caps, IWM. These high beta stocks are the ones that typically show signs of growth and weakness before the Large Caps, and right now the RUT and IWN have been...
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Sears Ends Day Up 6.4% (SHLD)
Wednesday, December 29, 2010 - 5:26pm | 137Shares of Sears Holdings Corporation (Nasdaq: SHLD) ended the Wednesday trading session up 6.4% at $74.49 per share. The day's range for shares of Sears Holdings Corporation was between $70.30 and $74.85 per share. The average price target of analysts who cover Sears Holdings Corporation (SHLD) is...
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Adding Yield to Your Porfolio - Muni Bonds 12-29-2010
Wednesday, December 29, 2010 - 3:18pm | 915Cusick's Corner Today I want to talk a little about adding yield to your portfolio, specifically municipal bonds. Muni bonds are issued by state and local governments to finance everything from road projects to school construction. Munis, as they are often called, are often not subject to...
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Benzinga's Volume Movers (RNOW, AMRS, AGNC, SHLD)
Wednesday, December 29, 2010 - 12:41pm | 167RightNow Technologies Inc (NASDAQ: RNOW) shares moved up 14.05% to $22.57 at 11:28 am. The volume of RNOW shares traded was 531% higher than normal. Analysts at Piper Jaffray upgraded RNOW from “neutral” to “overweight.” Amyris Inc (NASDAQ: AMRS) shares rose 13.46% to $27.40. The volume of AMRS...
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Market Update (TOT, NBL, SHLD, SNIC, AIG, MS, GS)
Wednesday, December 29, 2010 - 12:19pm | 221Oil and gas stocks gained, along with the broader market. The NYSE Arca Oil Index (XOI) rose about 0.73%, with Total S.A (NYSE: TOT) as the top gainer in the list. The NYSE Arca Natural Gas Index (XNG) gained around 0.73%. Shares of Noble Energy Inc (NYSE: NBL) gained about 3.14%. The Philadelphia...
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Sears Holdings Rising On Unusual Volume (SHLD)
Wednesday, December 29, 2010 - 11:30am | 106Shares of Eddie Lampert's Sears Holdings Corp. (NASDAQ: SHLD) are seeing some unusual activity this morning. The stock has surged 6.16% to $74.34 on heavy volume in early trade. More than 430,000 shares have already traded hands compared to a daily average volume of 782,000. There does not appear...