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Retail

Stocks

As the Nike Stock Split Date Approaches, Here's What Investors Need to Know

The Nike stock split date is quickly approaching, and through the deal, Nike Inc. (NYSE: NKE) will be providing investors with two shares of Nike stock for every one they already hold.

The split marks the seventh time the athletic apparel giant has split shares.

Here's what investors need to know about the Nike stock split now...

Stocks

Why Urban Outfitters (URBN) Stock Is Down 20% This Week

After another 7% drop today, Urban Outfitters (URBN) stock has now dropped nearly 20% in the last two days.

Urban Outfitters Inc. (Nasdaq: URBN) shares fell to a 52-week low of $19.26 Tuesday morning following head-scratching news from the specialty retailer. Urban Outfitters announced Monday it has acquired Philadelphia's Vetri Family group of restaurants, including the Pizzeria Vetri chain.

Here's why that news sent the stock crashing...

investing

The Most Pressing Reason Yet to Avoid Investing in Retail Stocks

President Obama just doomed millions of hardworking Americans to the unemployment line and, at the same time, just made it harder for every retailer – large and small – to turn a profit.

This is the last thing you want to see as an investor as well.

Here's the latest reason why you should now think twice about holding retail stocks...

Stocks

Fund Managers' "Sears Mania" Is a Dangerous Delusion

Investors reacted with joy when Sears announced on November 6 that it would sell 200 to 300 of its stores

to a real estate investment trust (REIT) in 2015.

It was the "Big Bang" announcement investors had been waiting for since hedge fund billionaire Eddie Lampert combined Sears with the bankrupt retailer Kmart a decade ago.

But, after a quick share price pop, "be-careful-what-you-wish-for" investors have figured out that the REIT transaction will saddle the company with an additional $150 million in operating expenses and gut the company of its last remaining valuable assets.

And that makes the endgame for this iconic American retailer a foregone conclusion...