New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2013
20:14 EDTSHLDSears Holdings CEO Louis D'Ambrosio to step down February 2
Sears Holdings Corporation announced that Louis D'Ambrosio will step down as CEO for family health matters at the end of the company's fiscal year on February 2, 2013. Edward Lampert will then assume the role of CEO of Sears Holdings, in addition to his role as chairman of the board. D'Ambrosio will remain on the board until the company's next annual meeting of stockholders to be held in May 2013.
News For SHLD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 6, 2015
13:03 EDTSHLDSears Holdings volatility low as share price near ten-year low
Sears Holdings July call option implied volatility is at 56, August is at 52, September is at 51; compared to its 52-week range of 44 to 121, suggesting decreasing price movement.
07:08 EDTSHLDSeritage Growth Properties to start trading on NYSE
Subscribe for More Information
June 24, 2015
11:11 EDTSHLDAnalyst says Best Buy shares poised to rise
Best Buy's (BBY) stock is poised to advance after the company reports its second quarter results, research firm B. Riley predicted. WHAT'S NEW: Best Buy's forecast for increased margins in the second half of the year, along with easing comparisons, should cause the stock to rise, predicted B. Riley in a note to investors earlier today. The shares will be particularly well-positioned to climb after the company updates its guidance following its Q2 results, the firm believes. Best Buy's initiatives should help increase its revenue and profits heading into fiscal 2017 and the retailer can continues to increase its market share at the expense of Sears (SHLD), RadioShack and others. Additionally, macro economic trends remain favorable for Best Buy and its key product categories continue to perform well, according to B. Riley. The firm, which is particularly confident about the company's ability to beat Q4 consensus estimates, keeps a $47 price target on the name and reiterates a Buy rating on the shares. WHAT'S NOTABLE: In their own note to investors this morning, SunTrust analysts David Magee and D. Mitch Van Zelfden speculated on potential M&A activity in the specialty retail space, noting that "Wall Streetís appetite for acquisitions has strengthened recently." In their opinion, Best Buy acquiring GameStop (GME) is among the "most compelling relationships" in the sector, the note explained. PRICE ACTION: In mid-morning trading, Best Buy slid 0.4% to $34.72, while GameStop rose 1.3% to $44.92.
07:35 EDTSHLDCFA Society of Chicago to hold a meeting
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use