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Gregg Steinhafel Steps Down As CEO Of Target
Monday, May 5, 2014 - 8:58am | 334Read More...It was announced Monday morning that Gregg Steinhafel will step down as Chairman, President and CEO of Target (NYSE: TGT). CFO John Mulligan will take the role of interim CEO as the company looks for a new executive and Roxanne Austin will replace Steinhafel as chairman. Steinhafel had been...
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There Are Bulls, There Are Bears -- And Then There Is Doug Kass
Wednesday, April 30, 2014 - 4:28pm | 350Read More...On Thursday morning Doug Kass will join a long list of distinguished guests who have been interviewed on Benzinga's PreMarket Prep show. The morning show -- aimed at getting investors and traders thoroughly prepped for the day's trading session -- starts at 8AM EDT sharp; Doug will be welcomed onto...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331Read More...U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Belus Capital's Brian Sozzi: Nike Should Take Hints From Under Armour
Thursday, April 24, 2014 - 5:04pm | 909Read More...Benzinga's #PreMarket Prep broadcast on Thursday, April 24, interviewed Brian Sozzi, CEO & Chief Equities Strategist of Belus Capital Advisors, who discussed his early take on retail earnings. Sozzi emphasized that his research is more involved with what he is hearing and seeing, and...
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Investors Scratch Heads as Under Armour Falls 8% After Beating Q1 Earnings
Thursday, April 24, 2014 - 12:41pm | 262Read More...Shares of Under Armour (NYSE: UA) are down a massive 8.5 percent to $49.81 after beating analyst first quarter estimates and raises full year 2014 guidance. The company reported earnings per share of $0.06 versus analyst estimates of $0.04. Revenue came in at $642 million, beating estimates of $...
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Did Brian Sozzi Really Upgrade J.C. Penney?
Thursday, April 10, 2014 - 11:52am | 411Read More...Brian Sozzi of Belus Capital Advisors has certainly made his bearish position on J.C. Penney (NYSE: JCP) clear as he has not budged from his Sell rating dating back to January 2012. Until now. In a note to clients on February 26, Sozzi described J.C. Penney's loss per share quarterly report that...
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UPDATE: Belus Capital Advisors Upgrades J.C. Penney Because You Only Live Once
Thursday, April 10, 2014 - 7:55am | 197Read More...In a report published Thursday, Belus Capital Advisors analyst Brian Sozzi upgraded the rating on J.C. Penney (NYSE: JCP) from Sell to Hold, and reiterated the $9.00 price target. In the report, Belus Capital Advisors noted, “Where does this shift in stance stem from? Great question. Not so much...
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Burger King And Taco Bell Tag Team McDonald's For Fast Food Crown
Wednesday, April 2, 2014 - 9:05am | 632Read More...As if Yum! Brands (NYSE: YUM) Taco Bell trying to muscle in on breakfast wasn’t enough, traditional rival, Burger King (NYSE: BKW) has entered the ring and is stealing customers from McDonald’s (NYSE: MCD) in the U.S. So said Brian Sozzi of Belus Capital Advisors on Jim Cramer's The Street...
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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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Brian Sozzi Explains Why Burger King is Kicking McDonald's Butt
Tuesday, April 1, 2014 - 12:19pm | 162Read More...Shares of Burger King (NYSE: BKW) are vastly outperforming shares of McDonald's (NYSE: MCD) in 2014. The stocks are up 17 percent and 1 percent, respectively. In a video published to the Street, Brian Sozzi explains why Burger King is “kicking the butt of McDonald's.” Burger King sales “actually...
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Brian Sozzi Reveals The Reasons Behind Twitter's Success
Monday, March 24, 2014 - 3:54pm | 385Read More...Brian Sozzi, CEO and chief equities strategist of Belus Capital Advisors, revealed the keys to Twitter's (NYSE: TWTR) success in an article in Men's Health. Following the SXSW conference in Austin, Texas, Sozzi shares Twitter's Vice President of Product and Revenue Kevin Weil's four main reasons...
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Sozzi Comments on Wal-Mart's Rapidly Deteriorating Quarter
Monday, March 24, 2014 - 3:46pm | 212Read More...Brian Sozzi of Belus Capital is feeling a bit bearish on Wal-Mart's (NYSE: WMT) first quarter Monday, suggesting the quarter appears to be “rapidly deteriorating.” Sozzi raised a red flag on Wal-Mart's "Savings Catcher" price-comparison initiative. Because the program was not “guided to on the...
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Brian Sozzi Goes Undercover at Wal-Mart
Wednesday, March 19, 2014 - 10:25am | 219Read More...Brian Sozzi, retail guru from Belus Capital Advisors, has uncovered new problems for Wal-Mart (NYSE: WMT) after stalking some locations in person. Over-ordering of seasonal merchandise is a “long-chronicled problem area” for Wal-Mart, Sozzi said. Sozzi believes the company is doing a poor job of...
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FedEx Is Saving The Plant, But Blaming The Weather
Wednesday, March 19, 2014 - 10:19am | 231Read More...Brian Sozzi appreciates FedEx's (NYSE: FDX) efforts to go green and save the planet, but does that mean the company should blame mother nature for a downbeat third quarter? "FedEx has over 360 all hybrid electric vehicles now in service, plus over 200 all electric vehicles. In addition the company...
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Retailers And Weather: Who Survived The Brutal Start To 2014?
Wednesday, March 12, 2014 - 3:30pm | 1104Read More...The Johnson Redbook Retail Sales Index on March 4 concluded that national chain-store sales fell 1.3 percent in February from the comparable period in January. The 1.3 percent decrease was steeper than the one percent decline analysts were expecting. The index also showed that seasonally adjusted...
