All Posts Tagged With: "JCP"
(RFMD) Will Market Start Getting Enthusiastic?
The market’s focus today clearly will be on the strong December non-farm payroll report, but Europe likely will not be far from investors’ minds, either. The market has found it hard to make meaningful gains this week despite very good readings on the domestic economy, held...
9Jan2012 | vitalstocks | 0 comments | Continued(RFMD) Ahead of Wall Street – January 6, 2012 – Ahead of Wall Street
Friday, January 6, 2012 The market’s focus today clearly will be on the strong December non-farm payroll report, but Europe likely will not be far from investors’ minds either. The market has found it hard to make meaningful gains this week despite very good readings on the...
6Jan2012 | vitalstocks | 0 comments | Continued(RFMD) Jan 06: All Eyes on Strong Non-Farm Payroll Report – Economic Highlights
The market’s focus today clearly will be on the strong December non-farm payroll report, but Europe likely will not be far from investors’ minds either. The market has found it hard to make meaningful gains this week despite very good readings on the domestic economy, held...
6Jan2012 | vitalstocks | 0 comments | Continued(BONT) Stock Market News for December 28, 2011 – Market News
Markets opted to take a pause after a recent rally, as mixed economic data and a session featuring light volumes meant benchmarks ended Tuesday’s session on a flat note. Given the Christmas overhang, consolidated volumes remained substantively low, and final minutes’ movement...
29Dec2011 | vitalstocks | 0 comments | Continued(JCP) J.C Penney Sales Disappoint Again
J. C. Penney Company Inc. (JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported sales results for the four-week period ended November 26, 2011. The company’s comparable-store sales for November...
21Dec2011 | vitalstocks | 0 comments | Continued(M) Bullish on Macy’s
Macy’s Inc.’s (M) growth momentum continued throughout the year, and we believe it will sustain the tempo as it enters 2012. The company’s persistent effort to keep itself on the growth trajectory has paid off in an economy, whose turmoil seems to have no end. Initiatives...
16Dec2011 | vitalstocks | 0 comments | Continued(JCP) Not a Great Year for J.C. Penney
An economy plagued by financial crisis and high unemployment remains a bitter truth, but relentless efforts to emerge from these doldrums cannot be ignored. The ongoing turmoil has also touched J. C. Penney Company Inc. (JCP), which has seen its crests and troughs through the...
15Dec2011 | vitalstocks | 0 comments | Continued(JCP) J. C. Penney Bets on Martha Stewart (revised)
The economy is struggling, and so is J. C. Penney Company Inc. (JCP). The company has been trying every means to uplift itself, and the latest move of acquiring a 16.6% stake in Martha Stewart Living Omnimedia Inc. (MSO) is just an another step towards that direction. J. C. Penney...
15Dec2011 | vitalstocks | 0 comments | Continued(FDI) India Hard-Sells Retail Foreign Direct Investment
As the resistance to foreign direct investment (FDI) in retail gathers storm, the Indian government has decided to take the opposition head on. The government was virtually forced to put the ‘FDI in retail’ policy on hold within days of its announcement. The government has...
14Dec2011 | vitalstocks | 0 comments | Continued(XRT) Stock Market News for December 14, 2011 – Market News
Markets eroded initial gains on Tuesday after it emerged that the Federal Reserve had no new gifts to offer to the economy. The central bank also cautioned that the global financial scenario poses a serious threat for the domestic economy. Additionally, with the pre-holiday rush...
14Dec2011 | vitalstocks | 0 comments | Continued(M) Holiday Retail Outlook & Review – Industry Outlook
Does the start of holiday sales suggest a break from the phase when US consumers were reeling under a series of macro-economic shocks? For now, the initial data released by National Retail Federation suggests that Santa has a bagful of gifts for the majority of retailers this...
11Dec2011 | vitalstocks | 0 comments | Continued(JCP) J. C. Penney Bets on Martha Stewart
The economy is struggling, and so is J. C. Penney Company Inc. (JCP). The company has been trying every means to uplift itself, and the latest move of acquiring a 16.6% stake in Martha Stewart Living Omnimedia Inc. (MSO) is just an another step towards that direction. J. C. Penney...
9Dec2011 | vitalstocks | 0 comments | Continued(NRF) Party Time for Retailers
The Thanksgiving weekend brought record sales for retailers who went on to post better-than-expected November comparable-store sales and are now padding up for the holiday season. Does this indicate that the retail party has just begun? Early hours store openings, huge discounts,...
6Dec2011 | vitalstocks | 0 comments | Continued(JCP) U.S. Holiday Preview – National Retail Federation
The National Retail Federation (“NRF”), an industry trade group, projects a 2.8% growth in sales, amounting to $465.6 billion, during the current November to December holiday season, lower than the 5.2% rise in the corresponding period of the previous year. Online retail...
28Nov2011 | vitalstocks | 0 comments | Continued(TGT) Amazon.com Will Win This Holiday Gift Season
With Thanksgiving drawing to a close and Black Friday shopping gathering steam, this is clearly a retail weekend. Brick-and-mortar outlets, such as Target Corp (TGT), BestBuy Inc (BBY), Macy’s Inc. (M) and Kohl’s Corp (KSS) opened their stores at midnight yesterday, vying...
28Nov2011 | vitalstocks | 0 comments | Continued(CVS) Greek Turmoil Dominates Headlines
We have a slew of economic and earnings reports on the docket today, but the Greek turmoil will likely continue to dominate the headlines. On the economic front, we got better-than-expected weekly Jobless Claims numbers, raising hopes for a favorable showing from Friday’s...
6Nov2011 | vitalstocks | 0 comments | Continued(IMF) Stock Market News for October 31, 2011 – Market News
Markets chose to take a breather on Friday, closing on a flat note just a day after it posted a huge rally spurred on by the outcome of the European Council meeting. However, some of the encouragement ebbed after analysts questioned the effectiveness of the plan. Nonetheless,...
2Nov2011 | vitalstocks | 0 comments | Continued(TIF) Dollar Stores Win on Double-Dip Fears
One of the most amazing aspects of this economic recovery has been the resiliency of the American consumer. Given a banking/housing/credit crisis that nearly melted down the economy, you would have thought that high-end luxury retailers like Tiffany & Co. (TIF) and Coach...
18Oct2011 | vitalstocks | 0 comments | Continued(SHLD) Sears Shares Reiterated at Underperform
We have maintained our long-term Underperform recommendation on Sears Holdings Corporation (SHLD). The company is the fourth largest broadline retailer in the U.S. offering home appliances, tools, lawn and garden equipment, electronics, automotive repair and maintenance products...
6Oct2011 | vitalstocks | 0 comments | Continued(BK) Company News for August 15, 2011 – Corporate Summary
• Dillard’s Inc. (NYSE:DDS) posted strong second-quarter 2011 earnings of $0.30 per share, outpacing the Zacks Consensus Estimate of $0.19 per share and prior-year quarter earnings of $0.03 per share • J. C. Penney Company, Inc. (NYSE:JCP) posted second-quarter...
16Aug2011 | vitalstocks | 0 comments | Continued(FRED) Stock Market News for August 15, 2011 – Market News
An erratic period for the markets finally came to a close with mild gains on Friday as the retail sales report upped the mood. This was the first time since early July that the Dow and the S&P 500 registered two consecutive days of gains. However, the magnitude of losses...
16Aug2011 | vitalstocks | 0 comments | Continued(M) Macy’s Analyst Maintains Neutral on Shares
Macy’s Inc.’s (M) constant focus on price optimization, inventory management, merchandise planning and private label offering positions it to drive traffic, meet customer-oriented demand and improve in-store shopping experience. We remain optimistic about the company’s...
15Aug2011 | vitalstocks | 0 comments | Continued(JWN) Is The U.S. Consumer Is Alive?
Following a record four back-to-back 400+-point moves in the Dow, will we close the week on an equivalent sized move on Friday as well? There is certainly no shortage of data, both here from the U.S. as well as from across the pond in Europe, that can provide the catalysts for...
14Aug2011 | vitalstocks | 0 comments | Continued(ICON) Iconix Brand Group Exceeds Earnings by a Penny
Iconix Brand Group Inc. (ICON) delivered its second quarter 2011 results with adjusted earnings of 45 cents a share, which soared 19.4% from 36 cents a share in the year-ago period, demonstrating steady organic strength across its portfolio of brands as well as strong margins....
28Jul2011 | vitalstocks | 0 comments | Continued(M) Macy’s Goes Global
Macy’s Inc. (M), one of the leading department store retailers in the United States goes global with its e-commerce site, macys.com. The company recently announced the launch of international shipping across 91 countries in different continents around the globe. Macy’s is...
29Jun2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 23, 2011 – Market News
Markets ended their four-day winning streak, tumbling in the late session, as the Federal Reserve slashed its growth forecast and provided no indications of further economic stimulus. All the benchmarks dropped by around 0.7% during a thin trading session, and investors were...
23Jun2011 | vitalstocks | 0 comments | Continued(M) Macy’s New Strategy Lowers Interest
Going with its new strategy, Macy’s Inc. (M), one of the leading department store retailers in the United States, entered into a new four-year bank credit agreement with a consortium of world’s leading investment bankers. The new $1.5 billion agreement is scheduled to mature...
22Jun2011 | vitalstocks | 0 comments | Continued(ADBE) Stock Market News for June 21, 2011 – Market News
In a thin trading session on Monday, markets were on track for a finish in the positive zone as fears around the Greece debt crisis subsided. The technology, consumer and energy sectors chalked up gains after the benchmarks ended their six week losing streak. The Dow Jones Industrial...
21Jun2011 | vitalstocks | 0 comments | Continued(AAPL) Company News for June 15, 2011 – Corporate Summary
• Share prices of J.C. Penney (NYSE:JCP) rose 17.47% to close at $35.37 after the mid-market U.S department store chain said it has hired Ron Johnson as chief executive who will be taking over from November. Johnson is a senior vice-president at Apple, and has been successfully...
15Jun2011 | vitalstocks | 0 comments | Continued(BBY) Stock Market News for June 15, 2011 – Market News
A better-than-expected retails sales report lifted the overall market to record their largest gains in almost two months on Tuesday. After the markets recorded its first sixth consecutive week of losses since the fall of 2002 last week, gains akin to yesterday’s will enable...
15Jun2011 | vitalstocks | 0 comments | Continued