Sears CEO Eddie Lampert passionately defendedhis strategy for rehabilitating the troubled department-store chain on Thursday, as the retailer fends off mounting speculation that it is headed toward bankruptcy.
The typically press-shy Lampert said in a blog post that the company is fighting like hell to turn the corner, repeating a phrase that he delivered a day earlier in a rare interview with the Chicago Tribune.He alsoreportedly made similar commentsat the company’s annual meeting on Wednesday.
The tough words didn’t matter much to investors Thursday as Sears shares became caught in the retail-stock undertow of Macy’s earnings miss. Sears shares fell 9.6% to close at $10.16, down $1.08. The stock is still up about 10% on the year.
Taken together, Lampert’s communications reflect a newly assertive phase for Sears as it grasps for a turnaround following a period of escalating losses and store closures.
Top Heal Care Stocks To Own For 2018: The Herzfeld Caribbean Basin Fund, Inc.(CUBA)
- [By WWW.MONEYSHOW.COM]
This "Trump pick" is a snub to the President’s trade and diplomatic reversals of Obama’s wins regarding Cuba. We are buying back Herzfeld Caribbean Basin Fund (CUBA), following in the footsteps of its founder, Tom Herzfeld, and his son Erik.
Top Heal Care Stocks To Own For 2018: Caseys General Stores, Inc.(CASY)
- [By Mike Deane]
After the bell on Monday, Casey’s General Stores (CASY) announced its fiscal Q1 earnings, posting a strong increase in profits and overall revenues compared to the same time period last year.
The Ankeny, IA-based convenience store company announced quarterly revenues of $2.11 billion, which were up from $1.87 billion in last year’s same quarter. Profits for the company came in at $55.71 million, or $1.43 per share, compared to $39.03 million, or $1.01 per share, in last year’s Q1.
Both of these figures beat analysts’ estimates, which were EPS of $1.26 on revenues of $2.1 billion.
CASY shares were up $1.01, or 1.49%, at market close on Monday. YTD, the stock is up more than 26%.
- [By Chad Fraser]
One chain that continues to match up well with the above criteria is Casey’s General Stores (NasdaqGS: CASY). We last highlighted the company’s strong prospects in a December 12 Investing Daily article. Since then, the stock has risen nearly 40%.
- [By Lawrence Meyers]
Its been a mighty weird year for Caseys General Stores (CASY). The company has had some tough quarters, but just when things are looking bleak, the team got some runners on base and drove a few home.
- [By Taylor Cox]
Casey’s General Stores, Inc (NASDAQ: CASY) Q2 after hours
Secondary Offering Lockup Expirations
Athenex, Inc (NASDAQ: ATNX)
IPO Quiet Period Expirations
- [By Lisa Levin]
Casey's General Stores Inc (NASDAQ: CASY) reported weaker-than-expected earnings for its second quarter.
Casey's reported Q2 earnings of $1.28 per share on revenue of $2.154 billion. Analysts were expecting earnings of $1.40 per share on sales of $2.18 billion.
Top Heal Care Stocks To Own For 2018: White Mountains Insurance Group, Ltd.(WTM)
- [By Ashley Moore]
Here is a table of the 10 most expensive stocks trading on U.S. markets today:
Company (Ticker)Price per ShareMarket CapBerkshire Hathaway Inc. (NYSE: BRK-A)$ 257,227.52$ 419.50 billionSeaboard Corp. (NYSEMKT: SEB)$ 3,760.00$ 4.48 billionNVR Inc. (NYSE: NVR)$ 1,944.23$ 7.19 billionThe Priceline Group Inc. (Nasdaq: PCLN)$ 1,727.94$ 80.82 billionMarkel Corp. (NYSE: MKL)$ 978.51$ 13.78 billionWhite Mountains Insurance Group Ltd. (NYSE: WTM)$ 935.01$ 4.25 billionAmazon.com Inc. (Nasdaq: AMZN)$ 846.08$ 408.27 billionAlphabet Inc. (Nasdaq: GOOGL)$ 844.06$ 582.85 billionAutoZone Inc. (NYSE: AZO)$ 744.26$ 21.04 billionIntuitive Surgical Inc. (Nasdaq: ISRG)$ 735.63$ 28.41 billion
- [By Money Morning News Team]
Most Expensive Stocks No. 6: White Mountains Insurance Group Ltd.
The sixth most expensive stock you can buy is Bermuda-based White Mountains Insurance Group Ltd. (NYSE: WTM). The insurance company currently trades at $826.04 a share.
Top Heal Care Stocks To Own For 2018: Core-Mark Holding Company Inc.(CORE)
- [By Lisa Levin]
Tuesday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from GNC Holdings Inc (NYSE: GNC) and Core-Mark Holding Company, Inc. (NASDAQ: CORE).
- [By Monica Gerson]
Core-Mark Holding Company, Inc. (NASDAQ: CORE) is projected to report its quarterly earnings at $0.27 per share on revenue of $2.92 billion.
Albemarle Corporation (NYSE: ALB) is estimated to post its quarterly earnings at $0.86 per share on revenue of $814.80 million.