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Headline News

Breakout Alert: Amazon.com, Inc. Stock Could Surge Over $1,500

12h investorplace
Amazon.com, Inc. (NASDAQ:AMZN) stock hasn’t wasted any time recovering from its losses earlier this month. When the broader market got caught up in a rapid 10% correction, Amazon stock held up remarkably well. (303-2)

Washington Prime: Key Takeaways From Q4

2018-02-23 seekingalpha
Washington Prime Group (WPG) bought a mall. Yep, you read that right. They bought one. While the world seemed to focus on how quickly they could dispose their underperforming properties, WPG actually decided it wanted to take the other side of the trade. Q4-2017 numbers came out last evening and we noted the following. (2-0)

Penny Stocks And Risk: This 97% Drop In 8 Months Teaches Investors Something

2018-02-21 seekingalpha
Many investors continue to believe that the investment risk correlates with the company's price per share. (178-1)

5 Stocks For A Late-Stage Bull Market

2018-02-21 seekingalpha
Let's just go ahead and admit it. This bull is getting older, more expensive, more volatile, and a little tired. But it's not dead yet. For those who remain optimistic about this bull, it might be worth the effort to consider some names that have been showing relative strength, durability of earnings, reasonable valuations, and exposure to long-term investment themes that are still gaining traction. (34-0)

Sears Holdings: January Results Beat Low Expectations

2018-02-20 seekingalpha
This is better than the -16% to -17% that Sears reported during the first two months of the quarter. (2-0)

Retail REITs Face Rising Interest Rates And Falling Dividend Coverage

2018-02-18 seekingalpha
Investors need to analyze a business’ entire capital structure to understand dangers lurking beneath the surface. (54-1)

Tracking Bruce Berkowitz's Fairholme Portfolio - Q4 2017 Update

2018-02-18 seekingalpha
The portfolio is very concentrated with St. Joe Companies, Sears Holdings, and its spinoff Seritage Growth Properties forming almost the entire portfolio. (58-0)

Eddie Lampert on the retailer’s woes: ‘I deeply regret the failure of Sears Canada’

2018-02-16 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (15-1)

Business Highlights

2018-02-15 nzherald.co.nz
WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years. It's a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose to 4.38 percent this week, up from 4.32 percent last week. The average is the highest since April 2014. (69-0)

Sears: Sell The Latest Rally

2018-02-15 seekingalpha
A few weeks ago, I discussed what I thought was a dead cat bounce for shares of struggling retailer Sears Holdings (SHLD). With the company's large losses and cash burn putting the name on the brink of bankruptcy, I discussed the impact that rising rates would have. A few weeks later, shares are back to a similar level after another bounce, one that likely will again be short lived. (2-0)

Sears Jumps After Tax Overhaul Brings Surprise Quarterly Profit - Bloomberg

2018-02-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)

Sears: 4Q sales drop but it expects a profit

2018-02-15 nzherald.co.nz
NEW YORK (AP) — Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform. (2-0)

Sears marks down the value of its name for third year in a row

2018-02-15 cnbc
Sears Holdings on Thursday said it expects to record an impairment charge tied to its trade name of between $50 million and $100 million for fiscal 2017. (2-0)

Sears' sales fall, but company expects to post a profit

2018-02-15 cnbc
Sears Holdings said Thursday same-store sales fell 15.6 percent during the fourth quarter of fiscal 2017, but it also expects new U.S. tax legislation to aid the company in posting a profit. (2-0)

A Profit at Sears? (There’s a Catch.) - WSJ

2018-02-15 wsj
Sears Holdings Corp. said in a regulatory filing Thursday that comparable-store sales fell 15.6% in its latest quarter, but that it expects recent U.S. tax law changes to help it post a profit. (2-0)