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Wells Fargo: J.C. Penney Successor 'Not A Proven Apparel CEO'
Tuesday, October 14, 2014 - 1:40pm | 289Read More...J C Penney Company Inc (NYSE: JCP) announced on Monday that Marvin Ellison, a top-ranked executive with Home Depot will replace Mike Ullman as J.C. Penney's new CEO. Brian Sozzi of Belus Capital Advisors noted that the appointment was a positive for J.C. Penney. In an e-mail to clients...
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Stop Writing Bad Emails With These 5 Analyst Tips
Tuesday, October 14, 2014 - 12:03pm | 754Read More...Analysts receive hundreds of emails every single day. Have they figured out how to manage the madness? And if so, what could others learn from their success? Benzinga recently reached out to a few analysts to see how they handle the influx of electronic messages. 1. Delete Everything If you...
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Sozzi: 'Say Hello To The New CEO Of Your Mom's J.C. Penney'
Monday, October 13, 2014 - 11:43am | 258Read More...Brian Sozzi of Belus Capital Advisors commented on J C Penney Company Inc's (NYSE: JCP) appointment of Marvin Ellison as the company's next CEO. Ellison, who currently serves as Home Depot's Executive Vice President of stores, will replace outgoing CEO Mike Ullman. Sozzi attended...
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Brian Sozzi: Wall Street Got It Wrong On JC Penney Company Inc
Thursday, October 9, 2014 - 12:59pm | 409Read More...Following J.C. Penney's (NYSE: JCP) nearly 10-percent plunge in its shares on Wednesday, Brian Sozzi of Belus Capital Advisors wrote that Wall Street “completely missed on J.C. Penney's future” following the company's investor day meeting. In an article on The Street.com,...
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More Store Closures Likely For J C Penney Company Inc, According To Belus Capital
Monday, October 6, 2014 - 4:21pm | 276Read More...J C Penney Company Inc (NYSE: JCP) is likely to announce more store closings, according to Belus Capital Advisors. In a note issued on Monday, Belus CEO & Chief Equities Strategist Brian Sozzi discussed the upcoming October 8 J C Penney analyst meeting. According to Sozzi, 3Q 2014 and FY...
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United Parcel Service, Inc. Prepares For Increased Online Orders This Holiday Season
Wednesday, October 1, 2014 - 12:59pm | 202Read More...The 2013 holiday season proved to be troublesome for shipping giant United Parcel Service, Inc. (NYSE: UPS) due to a swell in online orders, resulting in prolonged delays of package shipments. In a report published on Wednesday, The Street's Brian Sozzi outlined how UPS is preparing for the...
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General Mills, Inc. Weak Quarter Could Be A Sign Of Future Disappointment For Discount Retailers
Wednesday, September 17, 2014 - 1:56pm | 247Read More...General Mills, Inc. (NYSE: GIS) reported weaker-than-expected earnings on Wednesday, missing analysts EPS estimates by 11.6 percent and missing revenue estimates by 2.5 percent. Brian Sozzi suggests that General Mills’ downbeat earnings may be a sign of unpleasant things to come for...
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Experts & Pundits Speak On Lululemon Athletica inc. Earnings
Friday, September 12, 2014 - 7:55am | 542Read More...Lululemon Athletica Inc.'s (NASDAQ: LULU) second quarter earnings report from this morning included better than expected earnings. The athletic apparel company reported a 13 percent increase in revenue to $390.7 million from $344.5 million, with a quarterly net profit of $48.7 million, or $...
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Best Buy Is Apple Inc.'s 'Biggest Fan,' Says Brian Sozzi
Tuesday, September 9, 2014 - 12:43pm | 606Read More...Apple Inc.'s (NASDAQ: AAPL) next iPhone 6 is likely about to be unveiled, and it could have a major impact on Best Buy Co. Inc. (NYSE: BBY). Investors may not immediately notice the connection. Sure, Best Buy is a major electronics retailer, but the company has been going through hard times...
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Chipotle Mexican Grill Strives To Revolutionize Fast Food
Thursday, August 28, 2014 - 3:27pm | 768Read More...There is no denying the fact that Chipotle Mexican Grill (NYSE: CMG) is on fire. What the company's co-CEO Monty Moran recently told Brian Sozzi of Belus Capital Advisors is generating some serious buzz over the state and the future of the fast-food and restaurant industry. "Another...
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Athleisure Wear Fad A Rapidly Growing, But Crowded Space
Tuesday, August 26, 2014 - 11:37am | 496Read More...Sales of yoga apparel have risen 45 percent year over year, according to analysts at SportsOneSource. During the same time period, yoga participation also grew... by 4.5 percent. Analysts at Barclays may have noticed the same trend. Those analysts stated that the U.S. athletic apparel market (...
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Target 'Drops A Grenade,' Lowers Guidance Yet Again
Wednesday, August 20, 2014 - 9:34am | 261Read More...While Target (NYSE: TGT) reported in line earnings at $0.79 per share and revenues that exceeded estimates, it was the new cut in its full-year EPS guidance to $3.10 to $3.30 from $3.60 to $3.90 that has the stock trading down. Analyst Brian Sozzi of Belus Capital Advisors commented Wednesday...
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Has Athletic Wear Replaced Denim?
Friday, August 15, 2014 - 1:46pm | 997Read More...While fashion fads continue to come and go, one fad appears to be picking up momentum: Jeans are no longer cool. According to a report by CBS San Francisco, total jeans sales in the United States are down six percent year to year, following a growth of denim over the past decade. Say It Ain...
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Will J.C. Penney Recreate Last Quarter's Impressive Results?
Thursday, August 14, 2014 - 2:34pm | 657Read More...Shares of J.C. Penney (NYSE: JCP) surged more than 12 percent after the company reported a better-than-expected first quarter result on May 15. J.C. Penney reported a loss of $1.16 per share, while analysts were expecting a steeper loss of $1.26 per share. Revenue improved by 6.1 percent from a...
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Belus Capital's Brian Sozzi: Wal-Mart's Q2 Earnings Report Is Rancid
Thursday, August 14, 2014 - 8:43am | 184Read More...In a note released Thursday morning, Belus Capital CEO and Chief Equities Strategist Brian Sozzi didn't hold anything back as he tore apart Wal-Mart (NYSE: WMT) following the company's second-quarter earnings report. Sozzi said the quarter was not only "stinky" for the...
