Foot Locker Inc
Jamie Dimon’s stock-moving trades show why investors should track CEOs’ buying and selling
For the first time in nearly two decades running JPMorgan Chase, CEO Jamie Dimon will voluntarily sell stock in the bank. The disclosure, in a securities filing Friday, detailed next year’s planned sales — pressuring JPMorgan (JPM) shares and the Dow Jones Industrial Average and highlighting why tracking trades made by executives involving the companies […]
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Here’s a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
Jim Cramer ran through the names during the Club’s October Monthly Meeting on Wednesday. Source
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Retail theft isn’t actually increasing much, major industry study finds
Locked up toothpaste to prevent shoplifting are seen at a Duane Reade drugstore and pharmacy on August 24, 2023 in New York City. Angela Weiss | Afp | Getty Images Retail theft has caught the attention of the masses in recent years, from startling smash-and-grab videos during the depths of the Covid pandemic to corporate […]
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Here’s a rapid-fire update on all 35 stocks in the Club’s portfolio, including a new buy
Jim Cramer ran through all 35 Club stocks during our September Monthly Meeting on Thursday. Source
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Adidas CEO says Kanye West didn’t mean antisemitic remarks, isn’t a bad person
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images In a conversation on philanthropist Nicolai Tangen’s podcast “In Good Company,” Gulden was asked about the retailer’s partnership with Ye and how its Yeezy collaboration fell apart. “He did some statements, which wasn’t that good and […]
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Adidas CEO claims Kanye West didn’t necessarily mean antisemitic remarks, is just not a undesirable human being
Sneakers are supplied for sale at an Adidas shop in Chicago, Feb. 10, 2023. Scott Olson | Getty Visuals In a conversation on philanthropist Nicolai Tangen’s podcast “In Very good Enterprise,” Gulden was asked about the retailer’s partnership with Ye and how its Yeezy collaboration fell apart. “He did some statements, which was not that […]
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How much are retailers losing to shrink and theft? In many cases, it’s not the main drag on profits
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more detail than […]
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Here are the 8 trades and 3 price-target changes we made during a busy week
Our portfolio experienced a flurry of adjustments in a week dominated by Nvidia’s (NVDA) quarterly results Wednesday evening and Federal Reserve Chairman Jerome Powell’s Jackson Hole address Friday. Here’s a day-by-day look at the trades and price-target changes, and what motivated each decision. Monday Monday proved to be a harbinger for the rest of the […]
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Dollar Trees shares sink, as CEO says ‘challenging’ economy is pressuring discounter
Shares of Dollar Tree fell on Thursday and hit a 52-week low, after the retailer said customers’ shopping lists have largely narrowed to food and necessities. The discounter joins a growing group of retailers catering to consumers who have become more price-sensitive and selective about spending. Macy’s and Foot Locker also reported this week that […]
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Nike heads toward record 10th straight losing day as Foot Locker woes, China slowdown hit stock
People walk past a Nike sporting goods store at a shopping complex in Beijing, China, March 25, 2021. Florence Lo | Reuters Nike’s stock tumbled on Wednesday for the 10th day in a row after Foot Locker reported dismal quarterly results and consumers continue to pull back from the footwear sector. The sneaker giant’s shares […]
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