Tag: shopping

Top Valentines Day Stocks

Filed in BP, Gold Investing, Gold Prices, o, shares, silver by on February 3, 2011 0 Comments

Most people know when Valentine’s Day is, but in case you missed the memo, it is Monday, February 14, so if you haven’t done the shopping for your Valentine, then you better get cracking. One option is to give a gift of shares of stock in companies tha…

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Taubman COO Elected ICSC Chairman – Analyst Blog

Filed in Debt, Gold Investing, Gold Prices, recession, silver by on May 27, 2010 0 Comments

William S. Taubman, the Chief Operating Officer (COO) of Taubman Centers Inc. ( TCO ), a real estate investment trust (REIT), was recently elected as the Chairman of the International Council of Shopping Centers (ICSC), the global trade association of the shopping center industry. William S. Taubman has been an active member of ICSC since February 1992 and was elected to its Board of Trustees in 2006. With his appointment as the Chairman for the 2010-2011 term, ICSC intends to leverage on his vast industry knowledge to guide it to safe shores as the industry gradually emerges from the grips of the global recession. Taubman Centers owns, develops, acquires and operates regional and super-regional shopping centers throughout the U.S. and Asia. Retail shopping centers spanning over 400,000 square feet of gross leaseable area (GLA) are generally referred to as regional shopping centers, while those with GLA in excess of 800,000 square feet are called super-regional shopping centers. A large number of these shopping centers are strategically located in major metropolitan areas, including Los Angeles, San Francisco, Denver, Detroit, Phoenix, Miami, Dallas, Tampa, Orlando and Washington DC. Taubman Centers has a strong portfolio of the best-in-class retail malls that generate the highest average sales per square foot in the country. The company also has a healthy balance sheet with minimal debt maturities and adequate liquidity. Consequently, Taubman Centers is better placed than most of its peers to withstand the challenges of the macroeconomic environment. Our long-term recommendation for Taubman Centers is Neutral, as we anticipate it to perform in line with the broader market. Read the full analyst report on “TCO” Zacks Investment Research

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Mark Cuban Rants as the Big Banks Throw the Perfect Game

Mark Cuban Rants as the Big Banks Throw the Perfect Game

Whether you love him or hate him, you would have to agree that Mark Cuban is force within himself. The product of a working class family, Cuban once sold garbage bags at the age of 12 to pay for a new pair of expensive shoes. From there the entrepreneur was born, eventually earning himself a place in the Forbes 400 with a net worth of $2.4 billion. So when Cuban has something brutally honest and obvious to say about the markets it is worthwhile to listen in. Prompted by the “Flash Crash”, here’s Cuban take on the whole matter. From blog maverick entitled: What business is Wall Street In? “ The only people who know what business Wall Street is in are the traders. They know what business Wall Street is in better than everyone else. To traders, whether day traders or high frequency or somewhere in between, Wall Street has nothing to do with creating capital for businesses, its original goal. Wall Street is a platform. It’s a platform to be exploited by every technological and intellectual means possible. The best analogy for traders? They are hackers. Just as hackers search for and exploit operating system and application shortcomings, traders do the same thing. A hacker wants to jump in front of your shopping cart and grab your credit card and then sell it. A high frequency trader wants to jump in front of your trade and then sell that stock to you. A hacker will tell you that they are serving a purpose by identifying the weak links in your system. A trader will tell you they deserve the pennies they are making on the trade because they provide liquidity to the market. I recognize that one is illegal, the other is not. That isn’t the important issue. The important issue is recognizing that Wall Street is no longer what it was designed to be. Wall Street was designed to be a market to which companies provide securities (stocks/bonds), from which they received capital that would help them start/grow/sell businesses. Investors made their money by recognizing value where others did not, or by …

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What Business is Wall Street In ?

Filed in economy, gld, Gold by on May 10, 2010 0 Comments

The best analogy for traders ? They are hackers. Just as hackers search for and exploit operating system and application shortcomings, traders do the same thing. A hacker wants to jump in front of your shopping cart and grab your credit card and then sell it. A high frequency trader wants to jump in front of your trade and then sell that stock to you. A hacker will tell you that they are serving a purpose by identifying the weak links in your system. A trader will tell you they deserve the pennies they are making on the trade because they provide liquidity to the market. WRH permalink

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Tesco To Invest GBP2 Billion In China

Filed in Gold Investing, silver by on April 25, 2010 0 Comments

The British retail giant Tesco has announced plans to invest GBP2 billion in China over the next five years to expand the number of stores it operates in China. The company said that by 2016 it will have 80 shopping centers in China, with a total shopping area of 40 million square feet. Of the total

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Rogers Downgraded to Neutral – Analyst Blog

Filed in economy, Gold Investing, silver by on April 5, 2010 0 Comments

We downgrade our recommendation for Rogers Communications Inc. ( RCI ) to Neutral as a result of increased competition in the Canadian wireless market. Canadian wireless rates are among the highest in the world. In a bid to improve service and prices through competition, the Canadian federal government has licensed four new operators. Out of this four, Globalive — which will use the Wind Mobile brand — intends to offer service in most of the country. Canadian cable TV segment is also getting very much competitive. Rogers’ closest rival, Shaw Communications Inc. ( SJR ), decided to test its super fast network to support Internet access speed of 1 Gbps. For this, the company is set to give trial run of its own fiber-to-the-home (FTTH) network in Vancouver and Calgary. Furthermore, Bell Canada’s ( BCE ) entry into cable TV services is increasing competitive pressure, and may likely, in our view, shave Rogers’ market share and cap margin expansion. Bell Canada and Telus Corp. ( TU ) established partnership to launch their CDMA based wireless networks with HSPA technology in 2010. Rogers is also feeling the brunt of the slowness in the economy. The general softness in the Canadian economy has negatively impacted Media’s advertising sales, and lowered net additions of most cable and Internet products. The lower net additions of cable telephony lines reflect the impact of a slowing Canadian economy. The softness at Media was due to weakness in advertising-related revenues in Publishing, Radio and Television, and at The Shopping Channel reflecting general retail sales declines. Read the full analyst report on “RCI” Read the full analyst report on “SJR” Read the full analyst report on “BCE” Read the full analyst report on “TU” Zacks Investment Research

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Retailers in UK Offer Last-Minute Tax Breaks in Shopping Rush

Filed in Gold Investing by on December 26, 2009 0 Comments

U.K. retailers including KingfisherPlc and PC World targeted shoppers seeking a last-chance taxbreak along with post-Christmas bargains, offering promotions onkitchens and laptop computers. Chancellor of the Exchequer Alastair Darling will restoreth Retailers in UK Offer Last-Minute Tax Breaks in Shopping Rush

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Trailing Towards D.C., Trailing Bags of Tea (Grab a bucket!)

Filed in Gold, Gold Bullion prices by on December 25, 2009 0 Comments

In The Taming of the American Crowd: From Stamp Riots to Shopping Sprees, I argue that unlike the kind of crowds that have surged across the pages of American history and unlike crowds in certain other parts of the world, today's American crowds seldom even figure in the news. We have crowds of shoppers, spectators, and travelers, but these are ill-prepared to act as one. Then, in April 2009, when Taming was well along in Monthly Review Press's publication process, some American crowds did begin to make the news. On April 15, thousands of angry Americans attended Tax Day “tea… Original Article: Forum: News/Activism

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Retail Sales Stink, Stank, Stunk

Filed in economy, Gold, GOld juniors, Gold Market by on December 3, 2009 0 Comments
Retail Sales Stink, Stank, Stunk

Only the Grinch could love the three words that best describe today’s retail sales numbers. In short, they stink, stank, and stunk….. From the AP by Anne D’Innocenzio entitled: Retailers report surprise drop in November “The nation’s retailers posted a surprise sales decline for November after two consecutive months of gains, as a modestly positive start to holiday shopping wasn’t strong enough to offset weak spending the rest of the month. The 0.3 percent decrease, according to one measure, is especially worrisome because it comes on top of a freefall last November as spooked shoppers went into a defensive crouch after the financial meltdown. Analyst had expected a strong gain. Analysts caution that a better gauge of the month may lie in government retail sales numbers, slated to be released Dec. 11. The numbers offer a broader view of spending, including online sales and results from electronics chains — two bright spots for the holiday season, analysts said. Thursday’s figures also don’t include Wal-Mart Stores Inc., the world’s largest retailer. Nevertheless, most retailers’ sluggish results missed already modest forecasts, a worrisome sign for an economy in the early stages of a fragile recovery. Now, merchants may have to step up discounting beyond what’s planned as they try to entice financially strapped shoppers back to the stores in a season that is at best expected to be unchanged from a year ago. “This is extremely disappointing for the retailers heading into the key selling season and it is not a good harbinger for things to come,” said Ken Perkins, president of retail research group Retail Metrics. “It also suggests that consumers are under significant amount

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Holiday Shopping on eBay Fast Facts (As of November 25 2009)

Filed in Gold Investing by on November 25, 2009 0 Comments

With 200 million gift options at their fingertips, eBay shoppers are too savvy to wait for stores to open on Black Friday to find great deals. Top selling products on eBay at the start of Thanksgiving week: Shoppers know who’s got talent, buying Holiday Shopping on eBay Fast Facts (As of November 25 2009)

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Retail Industry – Industry Outlook

Filed in silver by on November 25, 2009 0 Comments

Upcoming Holiday Shopping Season With a probable end in sight to a prolonged recession, American consumers are somewhat upbeat about the upcoming holiday shopping season. However, customers remain skeptical at the same time and intend to spend less, compared to previous years before the start of the recession. According to a study by A.C. Nielsen, approximately 42% of American consumers plan to spend less this holiday shopping season, representing a 7% year-over-year rise in those who intend to spend less. U.S. customers have undergone a fundamental change in how they spend their money. They are primarily focusing on value-for-money items throughout the holiday shopping season, especially traditional and essential gifts that are popular. As a result, traditional items such as toys, electronic goods and clothing are at the top of holiday shopping lists, and most consumers intend to spend more on gift cards. Consequently, it will be more of a challenge for the retail business to attract customers to their outlets and online stores. In view of lower discretionary income, consumers are currently more selective in their purchases. Trends are also showing a progressive shift in consumer research patterns before holiday shopping, and it is observed that more value shoppers are browsing and comparing the products on the Internet. Consumers are also resorting to social media to search for holiday shopping deals and coupons. Therefore, online retailers that offer value in the retail business, including discount stores and savings clubs, will be more attractive to shoppers as they provide budget holiday shopping gifts, as well as flexible delivery options, shipping deals and gift-wrapping/eco-packaging services. Most retail business also looks to be pushing up sales before ‘Black Friday,’ the day after the Thanksgiving Day holiday that marks the traditional kick-off of the holiday shopping season. Market research firm IBISWorld expects total retail business sales over Black Friday weekend to rise 2.8 % to $42.9 billion. It expects 76.9 million people to swarm into retail stores on Black Friday alone. Retail business like The Gap ( GPS ) started offering discounts of 25%, while Wal-Mart and Target are offering online shoppers free or discounted shipping on most of the items. JC Penney ( JCP ) is also ramping up its Black Friday promotions. OPPORTUNITIES Most of the companies in the apparel, confectionery and cosmetics sector are expected to benefit from the holiday shopping season. Leading apparel company Gap Inc. ( GPS ) recently reported strong quarterly earnings, boosted by sales at its low-price Old Navy chain. Gap is now focusing more on improving its business model by striking the right balance between its cost structure and merchandise by better aligning inventory with sales trends. The company is upbeat about its performance in the upcoming holiday shopping season, as management is focused on gaining market share by presenting a strong value proposition to customers across its brands. The other leading retail business, Limited Brands ( LTD ) reported almost a 50% year-over-year increase in earnings during the fiscal 2009 third quarter. The company is confident about its strong performance during the holiday shopping season and has lined up holiday themes focused on offering core products and seasonal gifts. The Hershey Company ( HSY ) also posted strong profits during the recently reported quarter. The company is making the required consumer investments for the upcoming holiday shopping season. WEAKNESSES There are certain companies that are still facing the brunt of the recession and reporting losses in the retail business. Home…

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Home Shopping Latino, Inc.’s (HSPG.PK) Signed Agreement for $20 Million

Filed in Gold Prices by on November 9, 2009 0 Comments

Home Shopping Latino Inc., doing business as Viva TeleCompras, is an all-Spanish language television and online shopping channel. The company is expecting to tap into the rapidly-growing spending power of the growing US Hispanic population with the only network of its kind in the United States. The Hispanic population is the fastest growing demographic – 9.3

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