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Without a rising tide in retail sales, damaged retailers like Sears and J.C. Penney could lose out to e-commerce powerhouses like Amazon.com.
After being cautious in the previous period, short sellers made their moves in the most shorted stocks trading on the New York Stock Exchange between the September 15 and September 30 settlement...
Banana Republic sales dropped 10% in September, and the division of Gap faces extraordinary weakness as the holiday season quickly approaches.
The holiday season will be modest this year for most of the retail industry. For J.C. Penney and Sears, will modest be enough?
A Citigroup analyst just initiated coverage of J.C. Penney with a Sell rating, while Sterne Agee CRT recenlty raised the stock rating to Buy.
When analysts call for implied upside of 30%, 50% or almost 100%, it usually implies higher risk as well, even in these well-known stocks.
Monday's top analyst upgrades, downgrades and initiations include Atmel, BlackBerry, Citigroup, DSW, JC Penney, 2U, TD Ameritrade and Vertex Pharmaceuticals.
Despite the volatility in the broader markets, short sellers in the top 10 most shorted stocks trading on the New York Stock Exchange seemed positive but cautious.
J.C. Penney announced Wednesday morning that it has promoted John Tighe to executive vice president and chief merchant, replacing Elizabeth Sweeney.
The markets have largely stabilized after the panic from August, and investors have resumed their hunt for value and opportunity in the market.
In the wake of its merger with DirecTV, AT&T seemed poised to drop out of the top 10 most shorted stocks trading on the New York Stock Exchange.
Any troubled retailer has to have stores that do not make money. And at the top of that list are J.C. Penney and Sears.
With Wal-Mart's thin margins, some of its stores probably lose money. At the bottom end of the Wal-Mart network, financially, some locations are not worth keeping open.
Costco Wholesale, which reported extraordinary sales numbers in a sector that has largely fallen apart, may be the best run company in America.
Monday's top analyst upgrades, downgrades and initiations include Baidu, Goldman Sachs, Intel, J.C. Penney, Twitter and United Technologies.
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