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Lopez/Anthony Partnership Could Drive New Customers To Kohl's, Citigroup Reports
Friday, November 19, 2010 - 9:00am | 116Citigroup said that it believes the Jennifer Lopez and Marc Anthony lifestyle brands deal with Kohl's Corp. (NYSE: KSS) could help the retailer, as both recording artists have a loyal following. “This partnership could drive new customers to Kohl's and help increase share of wallet from existing...
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Jennifer Lopez/Marc Anthony Announcement Is Good For Kohl's, Goldman Sachs Reports
Friday, November 19, 2010 - 8:55am | 147Following Kohl's Corp.'s (NYSE: KSS) announcement regarding a partnership with Jennifer Lopez and Marc Anthony, in which the two will launch an exclusive lifestyle brand at Kohl's retailers, Goldman Sachs said that it believes the launch is positive on several fronts: (1) Fill a key void in men's...
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Risk On Trade 11-18-2010
Thursday, November 18, 2010 - 7:49pm | 749Cusick's Corner The market held its gains, the Dollar pulled back and commodities bounced off critical mid-term support. The risk on trade, equities, is still in play with the focus now off of EU and China (at least until tomorrow). Speaking of tomorrow, it is Expiration Friday, so there could be...
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Sovereign Debt Back on Front Burner 11-18-2010
Thursday, November 18, 2010 - 4:04pm | 867Cusick's Corner The Irish meet with the ECB and IMF today and the market feels that this is enough of a catalyst to retrace yesterday's pullback. The bulls appear to have a heightened sense of continued headline risk, especially if the Irish walk away from the ECB and IMF. This puts the sovereign...
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Southwest Airlines Appoints New Member to Board
Thursday, November 18, 2010 - 3:27pm | 47The Southwest Airlines (NYSE: LUV) Board of Directors today appointed Tom Nealon to the Board, effective December 1, 2010. Nealon is Group Executive Vice President of J.C. Penney Company, Inc (NYSE: JCP).
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Sears Widens Loss, Fails Estimates - Analyst Blog
Thursday, November 18, 2010 - 3:03pm | 455Sears Holdings Corp.'s (SHLD) fiscal 2010 third-quarter net loss widened to $1.71 per share from a net loss of 81 cents in the year-ago period, missing the Zacks Consensus Estimate of a loss of $1.07 per share. Excluding special items, adjusted loss per share came in at $1.98 per share. ...
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Bon-Ton Stores Shares Fall 4.6% On Earnings Miss (BONT)
Thursday, November 18, 2010 - 1:53pm | 253Shares of Bon-Ton Stores Inc. (Nasdaq: BONT) are trading down 4.6% at $12.47 per share during the Thursday afternoon trading session. The day's trading range for shares of Bon-Ton Stores Inc has been between $12.16 and $13.20 per share. Analysts covering the company's stock give it a consensus...
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Sears Shares Fall 5.9% On Earnings Miss (SHLD)
Thursday, November 18, 2010 - 1:48pm | 229Shares of Sears Holdings Corporation (Nasdaq: SHLD) are currently down 5.9% at $62.29 per share during Thursday afternoon trading. Today's trading range for shares of Sears Holdings Corporation has been between $62.02 and $64.44 per share. The consensus price target of analysts covering the company...
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Market Roundup (AMR, DAL, UAL, LCC, SHLD, BF.A, BF.B, GME)
Thursday, November 18, 2010 - 1:43pm | 277US airline stocks rose along with the broader market. The ARCA Airline Index (XAL) gained about 2.50%. Some of the gainers in the list include American Airlines (NYSE: AMR), Delta Airlines (NYSE: DAL), United Continental Holdings (NYSE: UAL) and US Airways Group (NYSE: LCC). Shares of Sears...
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Sears Holdings Getting Hit Hard Today (SHLD)
Thursday, November 18, 2010 - 12:41pm | 99Sears Holdings Corporation (NASDAQ: SHLD) is getting hit hard this morning, as it's down more than 5% on the wake of a weak earnings report. Sears Holdings, led by Edward Lampert, reported a loss of $1.98 per share on revenues of $.968 billion. Analysts expected $9.89 billion in revenues and...
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Zacks Releases Four Powerful ''Buy'' Stocks: Tata Motors, Standard Motor Products Inc., Whole Foods Market, Inc. and Dillard's Inc. - Press Releases
Thursday, November 18, 2010 - 12:01pm | 1344For Immediate Release Chicago, IL – November 18, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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Citi: Kohls Enters Into Share Repurchase Agreement
Thursday, November 18, 2010 - 10:46am | 123Kohls (NYSE: KSS) announced that it has entered into a $1.0B accelerated share repurchase (ASR) agreement. On 11/10/10, KSS announced its intention to enter into an ASR within the next several weeks. KSS will receive an initial delivery of 12.6M shares, and the company raised its 4Q10 EPS...
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Kohl's Updates Model on Share Repurchase Program
Thursday, November 18, 2010 - 10:39am | 125Piper Jaffray has updated its earning forecast on Kohl's (NYSE: KSS) following an update on their share repurchase program. Piper Jaffray writes, "Kohl's announced it had signed the agreement and would take an intial delivery of 12.6M shares on 11/18/10 with additional deliveries in December and...
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Stock Market News for November 18, 2010 - Market News
Thursday, November 18, 2010 - 10:33am | 1056Stocks closed mixed on Wednesday amid lingering concerns about debt problems in Europe and a sharp drop in construction of new homes in the U.S. Financials were the weak spot in yesterday's trading but strength in retailers' shares helped contain the losses. The blue-chip Dow average closed with a...
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Company News for November 18, 2010 - Corporate Summary
Thursday, November 18, 2010 - 10:33am | 527• GM (NYSE: GM) priced its IPO at the upper end of its range at $33 per share, and expanded the number of shares being offered to 478 million • Sears Holdings (NASDAQ: SHLD) reported a wider third quarter loss than expected at $1.98 versus the expected $1.07, on revenues of $9.68 billion, off...