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A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions. Companies are increasingly taking actionable steps in tracking and reporting ESG standards to achieve long-term success. The long-term, broader goal is to help kee...
In solid financial stead entering the pandemic, Designer Brands, Inc. was able to weather the storm with business levels now approaching those of fiscal 2019. The company used the pandemic to broaden its footwear offerings into athletic and casual, further bolstered by a deal to be th...
Designer Brands sees the strongest insider buying it has seen in the last decade. The company recently beat analyst estimates both at the top and bottom lines. We're also seeing insider buying in some of the largest companies focused on the midstream part of the energy market. ...
The stock of footwear retailer Designer Brands (NYSE: DBI) is having a good week. And it might be because an insider announced the purchase of almost 1.5 million shares. At the close on Thursday, the stock was up 10% for the week. Jay Schottenstein is Designer Brands' executive ...
Read the full story here: For further details see: Wall Street Breakfast: Americans Go Shopping (Podcast)
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Fed ethics review The Federal Reserve is examining its ethics rules for financial holdings after two Fed presidents came under fire for some of their recen...
Retail sales jumped 15.1% in August compared to the mark a year ago when the pandemic limited activity. Retail sales were up 0.7% from the previous month to top expectations. The strong month was led by momentum with clothing stores (+39% Y/Y) off the back-to-work and back-to-school trends. T...
Zoom Video ’s (NASDAQ: ZM) second-quarter revenue topped $1 billion for the first time, but shares fell more than 15% as growth slowed. Shares of Yandex (NASDAQ: YNDX) rise, as the Russian tech company buys out Uber ’s (NYSE: UBER) interest in several j...
Designer Brands is adapting to the "new-normal" age by growing its product offerings and enhancing its e-commerce sites. The company is making strides in improving its financials. Acquisitions of Camuto Group and the joint venture with ABG-Camuto bring some key competitive advanta...
I thought Sequential Brands was a $200 stock. Whatever the value of the business might have been, it now proceeds to bankruptcy court, and I have little optimism for common share recovery. Sequential Bankruptcy Group no longer appears destined for $200. For further details s...
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2024-07-10 18:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-05 08:00:12 ET Jay Sole from UBS issued a price target of $10.00 for DBI on 2024-06-05 06:28:00. The adjusted price target was set to $10.00. At the time of the announcement, DBI was trading at $8.8. The overall price target consensus is at $15.00 with high price...