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Stock Market & Financial Investment News

News For KSS;WMT;SKT;TGT;ANF;JCP;AEO;SHLD From The Last 14 Days
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January 28, 2015
11:03 EDTSHLDSears reduces headcount at corporate locations, Chicago Tribune says
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January 27, 2015
06:06 EDTSHLDSears Holdings volatility increases, shares in tight two-month price range
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January 21, 2015
13:38 EDTWMTEarnings Preview: eBay shares rise over 5.5% since last earnings report
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12:12 EDTJCP, SHLDBest Buy, home retailers seen getting biggest bump from Sears demise
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11:23 EDTANFSnow Capital reports 5.1% passive stake in Abercrombie & Fitch
10:01 EDTWMTOn The Fly: Analyst Downgrade Summary
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06:52 EDTWMTWal-Mart downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Wal-Mart to Equal Weight citing balanced risk/reward and lack of margin growth due to potential re-investments.
January 20, 2015
13:01 EDTWMTWal-Mart launches cash pickup option for tax refunds
As Americans begin to file their tax returns, Walmart (WMT) announced the launch of a first-of-its-kind service that allows consumers to “skip the check” and pick up their tax refunds in cash. Walmart Direct2Cash is available nationwide starting today and will help customers save time and money when compared to traditional tax refund options. Walmart is working with Tax Products Group, a Green Dot Company (GDOT), and Republic Bank & Trust Company, member FDIC, two providers of tax-related financial products and services, to provide Walmart Direct2Cash as an option to millions of customers. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.
12:01 EDTSHLDOverstock.com to appeal patent infringement case
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09:44 EDTWMT, TGTSupreme Court denies appeal of 'swipe fee' ruling, Reuters reports
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06:22 EDTJCPJ.C. Penney to bring back 120-page catalog, WSJ reports
J.C. Penney has decided to resurrect its catalog in the form of a 120-page book that will mark the first catalog the chain has sent out since 2010, The Wall Street Journal reports. The retailer, which quit the catalog amid a broader pullback caused by the recession and the rise of e-commerce, now believes the catalog can help drive web sales. Reference Link

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