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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569Read More...U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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For Retail Gains, Go East, Young Investor!
Friday, April 4, 2014 - 10:27am | 544Read More...The most recent Fortune magazine has a great article on the collapse of JC Penney (NYSE: JCP). Along these lines, many have been written about the decline of SearsHolding (NASDAQ: SHLD), too. While Amazon (NASDAQ: AMZN) has certainly done damage, there has been a shift in consumer growth:...
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Market Wrap For April 1: S&P 500 Hitting New All-Time High Not An April Fools' Joke
Tuesday, April 1, 2014 - 4:47pm | 1704Read More...U.S. stocks kicked off a new month and new quarter with solid gains as U.S. manufacturing growth improved in March. The indexes have now logged a three-day winning streak, an accomplishment which was completely absent throughout all of March. The S&P 500 hit new all-time highs of 1,885.84...
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'Talented Blonde' Kristin Bentz Talks Retail And Her Favorite Company To Hate
Tuesday, April 1, 2014 - 3:56pm | 1075Read More...Kristin Bentz is the Executive Director of PMG Venture Group, a private equity firm with expertise in professional sports, media and luxury. Bentz is also President of Talented Blonde LLC, an advisory firm focusing on the consumer and retail industry and the author of the upcoming book It's...
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Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778Read More...U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
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Wal-Mart Sues Visa For $5 Billion Over Excess Fees
Friday, March 28, 2014 - 11:26am | 626Read More...Wal-Mart Stores (NYSE: WMT) have filed a lawsuit against Visa (NYSE: V) claiming more than $5 billion in damages for what Wal-Mart claimed were unreasonably high interchange fees Visa charged the retailer. In the lawsuit Wal-Mart claimed Visa conspired with banks to fix so-called “swipe fees”...
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Wal-Mart's New 'Savings Catcher' Automates Price Comparison
Monday, March 24, 2014 - 1:42pm | 601Read More...For most consumers, low price is the playing card that trumps all other cards in most shopping scenarios. A new service called “Savings Catcher” has become Wal-Mart's (NYSE: WMT) latest entry in the “We can beat anyone’s price” competition that the company has long promoted as its prime mission...
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Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353Read More...U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079Read More...U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Wal-Mart Entering Used Game Space; GameStop Under Pressure?
Tuesday, March 18, 2014 - 2:14pm | 363Read More...Wal-Mart (NYSE: WMT) on Tuesday announced that it will launch a used video game exchange program. Customers will be able to trade in old video games in exchange for store credit beginning on March 26. Wal-Mart's move into the used game space places tremendous pressure on GameStop (NYSE: GME) whose...
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Investors Pulling The 'Plug' On Fuel Cell Manufacturer
Tuesday, March 11, 2014 - 3:25pm | 646Read More...It's fine and dandy to be long momentum stocks when they are on their parabolic moves higher. However, once the tide turns, it can get really ugly in a hurry. There is no better example of this price action than Tuesday's activity in the fuel cell sector, Plug Power (NASDAQ: PLUG) in particular....
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Short Sellers Pick Up Some Avon And Rite Aid (AVP, RAD, SVU)
Saturday, March 1, 2014 - 2:19pm | 803Read More...Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Rite Aid (NYSE: RAD) and SUPERVALU (NYSE: SVU) saw significant swings in short interest between the January 31 and February 14 settlement dates. Tuesday Morning and HHGregg also saw a double-digit increase in the number of...
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Companies That Blame The Weather For Earnings Misses
Friday, February 28, 2014 - 5:59pm | 173Read More...Coca-Cola (NYSE: KO) is so much more refreshing on a sunny day, wouldn't you say? La-Z-Boy (NYSE: LZB) chairs are more comfortable when the sky is clear, are they not? And when the temperature rises, consumers can't resist shopping at Target (NYSE: TGT). That is more or less the claim of...
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Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952Read More...U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
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3 Reasons JetBlue Was A Buy And Bon-Ton Was A Goodbye!
Monday, February 24, 2014 - 3:51pm | 386Read More...On January 8, 2014, JetBlue (NASDAQ: JBLU) slumped to under $8.50 a share due to cancelled flights. An article ran on Benzinga, "3 Reasons to Buy JetBlue on the Decline." After that article, JetBlue rose to around $9.45 in late January. By contrast, another article in Benzinga called for...
















