-
Macy's to Build Distribution Hub
Wednesday, December 15, 2010 - 11:53am | 105With online sales gaining faster traction than traditional sales, Macy's Inc. (M), one of the leading department store retailers in the United States, felt the need to construct a new distribution center in a 1.3 million square-foot facility near Martinsburg in Berkeley County, West Virginia, to...
-
Options Brief: Saks Incorporated (SKS)
Wednesday, December 15, 2010 - 11:53am | 72Shares of Saks Incorporated (NYSE: SKS) are higher on the session by 1.16%, trading at $11.73. Overall put volume is now running at 3.75x the daily average, with 27% of all puts traded being purchases on the offer. 1,070 contracts have traded on the session so far. Saks Incorporated is a fashion...
-
Stock Market News for Dec 15, 2010 - Market News
Wednesday, December 15, 2010 - 10:33am | 910On Tuesday, the markets closed almost flat after a muted view from the Federal Reserve about the economic recovery. However, stocks were helped marginally by the positive report on retail spending. The Dow Jones Industrial Average rose 0.4% to 11,476.54.The Standard & Poor's 500 was up 0.1%...
-
Macy's to Build Distribution Hub - Analyst Blog
Wednesday, December 15, 2010 - 10:33am | 530With online sales gaining faster traction than traditional sales, Macy's Inc. (M), one of the leading department store retailers in the United States, felt the need to construct a new distribution center in a 1.3 million square-foot facility near Martinsburg in Berkeley County, West Virginia, to...
-
Macy's to Build Distribution Hub - Analyst Blog
Wednesday, December 15, 2010 - 10:15am | 530With online sales gaining faster traction than traditional sales, Macy's Inc. (M), one of the leading department store retailers in the United States, felt the need to construct a new distribution center in a 1.3 million square-foot facility near Martinsburg in Berkeley County, West Virginia, to...
-
Citigroup Reiterates Buy Rating On Saks
Wednesday, December 15, 2010 - 10:11am | 159Citigroup has published a research report on Saks Incorporated (NYSE: SKS) after meeting with company management. In the report, Citigroup writes "Our upbeat meeting with management reinforced our belief that the company is still in the early innings with many of its key initiatives, and the...
-
Stock Market News for Dec 15, 2010 - Market News
Wednesday, December 15, 2010 - 10:08am | 910On Tuesday, the markets closed almost flat after a muted view from the Federal Reserve about the economic recovery. However, stocks were helped marginally by the positive report on retail spending. The Dow Jones Industrial Average rose 0.4% to 11,476.54.The Standard & Poor's 500 was up 0.1%...
-
Bank of America (BAC) Option Strategies for Bulls and Bears
Tuesday, December 14, 2010 - 4:55pm | 1952Bank of America (NYSE:BAC) has seen mixed reports of late, including rumors of a WikiLeaks exposure. The shares have gained more than 5.5% from Wednesday's close but are still off more than 15% year to date. Has the stock truly begun to recover or will this be a mere hiccup as part of a longer-...
-
351 Consecutive Quarters of Dividends, and Counting
Tuesday, December 14, 2010 - 11:42am | 918With trading days left in 2010 dwindling many investors are looking through their portfolio and trying to decide what should stay, what should go, and where to increase exposure. True, the major stock indexes are up for the year: The Dow Jones industrial average...
-
351 Consecutive Quarters of Dividends, and Counting
Tuesday, December 14, 2010 - 11:42am | 918With trading days left in 2010 dwindling many investors are looking through their portfolio and trying to decide what should stay, what should go, and where to increase exposure. True, the major stock indexes are up for the year: The Dow Jones industrial average...
-
Citi's Update on Kohl's Corp
Tuesday, December 14, 2010 - 10:57am | 104Citi is out with an alert on Kohl's (NYSE: KSS) after reviewing Kohl's 3Q10 10-Q. In a note to clients, Citi writes, "We continue to believe that the fundamentals of KSS' business remain strong, driven by positive traffic trends; a strong private label and exclusive brand offering, incl. the early...
-
J.P. Morgan Reiterates Neutral Rating on JCPenney (JCP)
Tuesday, December 14, 2010 - 10:25am | 147J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on JCPenney (NYSE: JCP); it has a $32.00 price target on the stock. The JPM analysts said that their recent channel checks suggest that sales at JCPenney are on plan. They believe much of the strength...
-
Horiyoshi Worldwide Plunging Today
Monday, December 13, 2010 - 12:57pm | 68Horiyoshi Worldwide (OTC BB: HHWW.OB) is plunging today, down more than 13% after the company was negatively mentioned by Citron Research on Friday. This morning Horiyoshi Worldwide announced it would be entering Brazil with its "Daslu" brand. Last week, it also announced it would be entering Saks...
-
Sterne Management Meetings = Lowered Estimates On Nordstrom
Monday, December 13, 2010 - 9:04am | 195Sterne Agee has published a research report on Nordstrom, Inc. (NYSE: JWN) after meeting with management in New York City. In the report, Sterne Agee writes "Management emphasized their viewpoint that the shopping experience is being revolutionized by evolving technology, akin to the impact the...
-
Dillard's, Inc. Declares Dividend of $.04
Thursday, December 9, 2010 - 5:42pm | 48Dillard's, Inc. (NYSE: DDS) announced today that the Board of Directors declared a cash dividend of 4 cents per share on the Class A and Class B Common Stock of the Company payable February 1, 2011 to shareholders of record as of December 31, 2010.