Breaking News Instant updates and real-time market news.

SHLD

Sears

$2.30

0.03 (1.32%)

09:25
02/15/18
02/15
09:25
02/15/18
09:25

Sears rallies after predicting adjusted EBITDA improvement in Q4

Sears Holdings said in a regulatory filing that "despite challenges in the retail environment" during Q4, it expects to deliver another quarter of improvement in adjusted EBITDA. The company expects adjusted EBITDA of between ($10M) and $10M for Q4 compared to an adjusted EBITDA loss of ($61M) last year. "This year-over-year improvement continues to demonstrate that the restructuring actions taken in 2017, including the closure of unprofitable stores, have resulted in meaningful improvement in our performance," Sears said. It expects total revenues of $4.4B for Q4, compared to $6.1B in the prior year Q4. Total comparable store sales for Q4 declined 15.6%, comprised of a decrease of 12.2% at Kmart and a decrease of 18.1% at Sears Domestic. In addition, Sears expects net income of between $140M and $240M in Q4, which is inclusive of a non-cash tax benefit of approximately $445M-$495M related to tax reform, as well as a non-cash impairment charge related to the Sears trade name of between $50M and $100M. Sears today commenced private exchange offers for its outstanding 8% senior unsecured notes Due 2019 and 6 5/8% senior secured notes due 2018. The stock in premarket trading is up 22c, or 10%, to $2.52.

SHLD Sears
$2.30

0.03 (1.32%)

12/04/17
MOFT
12/04/17
INITIATION
MOFT
Sell
Sears initiated with a Sell at MoffettNathanson
12/22/17
MSCO
12/22/17
NO CHANGE
MSCO
TJX stands to benefit from Bon-Ton closures, says Morgan Stanley
After analyzing which department stores and off-price retailers have the greatest overlap with troubled retailer Bon-Ton Stores (BONT), Morgan Stanley analyst Kimberly Greenberger found that over 40% of Bon-Ton's have a TJX (TJX) concept within a one mile radius and she sees it as the retailer that could benefit the most from a Bon-Ton liquidity event. Though Sears (SHLD) has the greatest overlap overall, there is no evidence to suggest it, nor Kohl's (KSS) and J.C. Penney (JCP), have been able to capitalize on Bon-Ton's struggles so far, added Greenberger.
01/16/18
LOOP
01/16/18
NO CHANGE
Target $80
LOOP
Buy
Best Buy price target raised to $80 from $72 at Loop Capital
Loop Capital analyst Anthony Chukumba raised his price target on Best Buy (BBY) to $80, noting a more optimistic outlook for the stock thanks to some recent developments. The analyst cites strong November-December U.S. retail sales reports, PC shipments rising in Q4 for the first time in six years, and some closures of stores by Sears Holdings (SHLD) and Wal-Mart's (WMT) Sam's Club. Chukumba keeps his Buy rating on Best Buy.
02/05/18
JEFF
02/05/18
NO CHANGE
Target $100
JEFF
Buy
Bon-Ton Stores bankruptcy benefits Kohl's, says Jefferies
Jefferies analyst Randal Konik notes that Bon-Ton Stores filed bankruptcy protection and provided the locations of the about 50 units slated for closure. The analyst now estimates near-term closures from Macy's (M), Sears (SHLD), Kmart, and Bon-Ton (BONT) should add about 18c to Kohl's (KSS) EPS and a 1.5% comp lift. Moreover, Konik believes the materialization of Bon-Ton's closures could be a "cherry on top" to accelerating fundamentals at Kohl's this year. He reiterates a Buy rating and $100 price target on Kohl's shares.

TODAY'S FREE FLY STORIES

DHI

D.R. Horton

$40.93

0.4 (0.99%)

10:25
03/22/19
03/22
10:25
03/22/19
10:25
Options
D R Horton call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

10:25
03/22/19
03/22
10:25
03/22/19
10:25
General news
reasury Action: yields plumbed lows »

Treasury Action: yields…

10:25
03/22/19
03/22
10:25
03/22/19
10:25
General news
U.S. Data Slate - Week of March 25: »

U.S. Data Slate - Week of…

TRCH

Torchlight Energy Resources

$1.64

0.01 (0.61%)

10:25
03/22/19
03/22
10:25
03/22/19
10:25
Conference/Events
Torchlight Energy Resources to hold a conference call »

Management holds a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Mar

INGN

Inogen

$92.59

-2.15 (-2.27%)

10:25
03/22/19
03/22
10:25
03/22/19
10:25
Conference/Events
Inogen participates in a conference call with JPMorgan »

Medical Supplies &…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Mar

  • 10

    Apr

  • 12

    Jun

10:25
03/22/19
03/22
10:25
03/22/19
10:25
Conference/Events
Cowen Washington policy strategist to hold an analyst/industry conference call »

Washington Strategist…

LOV

Spark Networks

$12.78

1.49 (13.20%)

10:25
03/22/19
03/22
10:25
03/22/19
10:25
Conference/Events
Spark Networks to host conference call »

Conference call to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Mar

UTX

United Technologies

$125.73

-1.16 (-0.91%)

10:23
03/22/19
03/22
10:23
03/22/19
10:23
Hot Stocks
NORESCO announces $86.8M ESPC to enhance energy security for Navy Region Japan »

NORESCO is implementing…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:20
03/22/19
03/22
10:20
03/22/19
10:20
General news
FX Action: The dollar »

FX Action: The dollar was…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
03/22/19
03/22
10:17
03/22/19
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
03/22/19
03/22
10:16
03/22/19
10:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:15
03/22/19
03/22
10:15
03/22/19
10:15
General news
U.S. wholesale inventories rose 1.2% in January, with sales up 0.5% »

U.S. wholesale…

10:15
03/22/19
03/22
10:15
03/22/19
10:15
General news
U.S. existing home sales surged 11.8% to 5.510 M in February »

U.S. existing home sales…

BITCOIN

Bitcoin

$0.00

(0.00%)

, BTC

Bitcoin

$0.00

(0.00%)

10:14
03/22/19
03/22
10:14
03/22/19
10:14
On The Fly
The Intersection: Crypto and Wall Street This Week »

As bitcoin, ethereum and…

BITCOIN

Bitcoin

$0.00

(0.00%)

BTC

Bitcoin

$0.00

(0.00%)

SQ

Square

$76.69

-1.89 (-2.41%)

TWTR

Twitter

$33.68

1.07 (3.28%)

ICE

IntercontinentalExchange

$72.54

-0.82 (-1.12%)

CBOE

Cboe Global Markets

$93.64

-1.14 (-1.20%)

IBM

IBM

$140.22

-1.15 (-0.81%)

BBD

Banco Bradesco

$10.66

-0.56 (-4.99%)

OSTK

Overstock.com

$19.17

-0.32 (-1.64%)

AMD

AMD

$26.94

-0.96 (-3.44%)

NVDA

Nvidia

$181.03

-2.89 (-1.57%)

DPW

DPW Holdings

$0.63

0.0299 (4.98%)

KODK

Kodak

$3.05

-0.125 (-3.94%)

IDEX

Ideanomics

$1.82

0.03 (1.68%)

RIOT

Riot Blockchain

$3.57

-0.1 (-2.72%)

TEUM

Pareteum

$4.57

-0.13 (-2.77%)

SRAX

Social Reality

$2.50

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Mar

  • 01

    Apr

  • 04

    Apr

  • 23

    Apr

  • 30

    Apr

  • 02

    May

  • 17

    May

  • 28

    May

  • 28

    May

TWTR

Twitter

$33.97

1.36 (4.17%)

10:10
03/22/19
03/22
10:10
03/22/19
10:10
Options
Active trading in Twitter as shares see relative strength »

Active trading in Twitter…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 23

    Apr

10:10
03/22/19
03/22
10:10
03/22/19
10:10
General news
Treasury Action: the 3-month-10-year spread has dropped on zero »

Treasury Action: the…

NKE

Nike

$84.09

-3.96 (-4.50%)

, FL

Foot Locker

$58.72

-1.05 (-1.76%)

10:08
03/22/19
03/22
10:08
03/22/19
10:08
On The Fly
Nike drops after sales growth in North America disappoints »

Shares of Nike (NKE)…

NKE

Nike

$84.09

-3.96 (-4.50%)

FL

Foot Locker

$58.72

-1.05 (-1.76%)

UA

Under Armour

$19.00

-0.28 (-1.45%)

UAA

Under Armour

$21.37

-0.32 (-1.48%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Mar

  • 28

    Mar

  • 04

    Apr

  • 04

    Apr

  • 24

    May

CHGG

Chegg

$38.57

-1.085 (-2.74%)

10:08
03/22/19
03/22
10:08
03/22/19
10:08
Periodicals
Chegg operating illegally in 17 states, short-seller Citron Research claims »

Shares of Chegg are…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IQ

iQIYI

$25.52

-0.5 (-1.92%)

10:05
03/22/19
03/22
10:05
03/22/19
10:05
Options
iQiyi call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GM

General Motors

$36.88

-0.47 (-1.26%)

10:04
03/22/19
03/22
10:04
03/22/19
10:04
Hot Stocks
General Motors confirms plans to invest $300M in EV production at Michigan plant »

General Motors confirmed…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Mar

  • 30

    Apr

ENR

Energizer

$45.81

-0.34 (-0.74%)

, FOXA

Fox Corp.

$39.51

-0.52 (-1.30%)

10:03
03/22/19
03/22
10:03
03/22/19
10:03
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

ENR

Energizer

$45.81

-0.34 (-0.74%)

FOXA

Fox Corp.

$39.51

-0.52 (-1.30%)

WES

Western Gas Partners

$32.32

-0.47 (-1.43%)

LIN

Linde plc

$171.85

-3.2 (-1.83%)

SVMK

SurveyMonkey

$15.29

0.1 (0.66%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Mar

  • 28

    May

PPG

PPG

$109.63

-2.97 (-2.64%)

, SHW

Sherwin-Williams

$424.93

-8.77 (-2.02%)

10:03
03/22/19
03/22
10:03
03/22/19
10:03
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

PPG

PPG

$109.63

-2.97 (-2.64%)

SHW

Sherwin-Williams

$424.93

-8.77 (-2.02%)

BKNG

Booking Holdings

$1,743.00

-29.07 (-1.64%)

BIIB

Biogen

$223.72

-2.99 (-1.32%)

LULU

Lululemon

$146.73

-2.22 (-1.49%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Mar

  • 27

    Mar

  • 17

    Apr

  • 18

    Apr

  • 24

    Apr

  • 30

    Apr

  • 01

    May

  • 28

    May

PSO

Pearson

$11.10

0.14 (1.28%)

, LITE

Lumentum

$53.46

1.41 (2.71%)

10:03
03/22/19
03/22
10:03
03/22/19
10:03
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

PSO

Pearson

$11.10

0.14 (1.28%)

LITE

Lumentum

$53.46

1.41 (2.71%)

BBY

Best Buy

$72.35

1.79 (2.54%)

VAR

Varian Medical

$141.26

3.49 (2.53%)

CMG

Chipotle

$676.46

6.59 (0.98%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Apr

  • 24

    Apr

  • 28

    May

  • 28

    May

10:03
03/22/19
03/22
10:03
03/22/19
10:03
General news
Wholesale Trade Inventories data reported »

January Wholesale Trade…

10:03
03/22/19
03/22
10:03
03/22/19
10:03
General news
Existing Home Sales data reported »

February Existing Home…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.