Retail companies are shuttering hundreds – even thousands – of brick-and-mortar locations as a response to the shift in consumer spending habits in favor of e-commerce.
We’re calling it the “Retail Ice Age” – and it’s deadly…
So far in 2017, over 3,591 retail stores have shuttered their doors. That’s more than during the financial collapse of 2008.
And they aren’t slowing down…
You see, analysts estimate over 6,600 more stores will close throughout the rest of the year.
In fact, “if these trends continue, and researchers expect them to, Wall Street analysts say we could see 50 retail bankruptcies in the next 12 to 24 months,” according to Money Morning Capital Wave Strategist – and retail sector expert – Shah Gilani.
In the following video, we’ve identified three companies that will fall victim to the “Retail Ice Age” next in 2017:
Must See: This kind of data could put 143 companies out of business, jeopardize 14.8 million American jobs, and eradicate $297 billion from the markets. But if you have access to it, you could learn how to become $1.6 million richer. Get your copy now – before it’s too late…
Best Financial Stocks To Buy Right Now: iShares MSCI All Peru Capped ETF (EPU)
- [By Andrew Efimoff] Related Some Positive Indexing News For A Frontier Markets ETF Why The Frontier Markets ETF Slumped Last Year Status Quo Decisions Would Bode Well For PAK ETF (Seeking Alpha)
Related EPU Peru ETF Confronts Politics Commodities Call For The Colombia ETF Gra帽a Y Montero May Have Peaked In 2016 (Seeking Alpha) Gainers Pakistan: Global XMSCI Pakistan ETF (NYSE: PAK) is up 5.67 percent after receiving MSCI’s Emerging Markets Index approval. Peru: iShares MSCI All Peru Capped Index Fund(NYSE: EPU) is up 2.15 percent after Kuzynski won Peru’s nail-biting election. Philippines: iShares MSCI Philippines Investable(NYSE: EPHE) is up 2.21 percent after Macquarie Research said President Elect Rodrigo Duterte would lift the Pilipino property market. India: iShares MSCI India ETF (NYSE: INDA) is up 1.96 percent after India’s government relaxed regulation, making it easier for domestic airlines to fly overseas.
Related Link: Some Positive Indexing News For A Frontier Markets ETF
- [By Todd Shriber, ETF Professor]
ARGT, the lone exchange traded fund dedicated to Argentine equities, is up 19.6 percent year-to-date. That is good for the second-best showing among Latin America single-country ETFs, trailing only the iShares MSCI Capped Peru Index Fund (NYSE: EPU).
Best Financial Stocks To Buy Right Now: Home Federal Bancorp Inc.(HOME)
- [By Lisa Levin]
Shares of At Home Group Inc (NYSE: HOME) were down 10 percent to $23.19. At Home Group reported Q2 adjusted earnings of $0.18 per share on revenue of $232.1 million.
- [By Sofia Horta e Costa]
Sanofi fell 2.6 percent after withdrawing a U.S. application for a diabetes drug. Cie. Financiere Richemont (CFR) SA dropped 2.3 percent as revenue missed analysts estimates. Vivendi SA advanced 2.7 percent after saying it will begin a formal study to separate its French phone unit from its media businesses. Home Retail Group Plc (HOME) surged 5.4 percent to a two-year high as sales exceeded projections.
Best Financial Stocks To Buy Right Now: The NASDAQ OMX Group Inc.(NDAQ)
- [By Hibah Yousuf]
In a report outlining the growing operational risks at trading exchanges, S&P said the noticeable increase in technical snafus could trigger ratings downgrades for major operators like NYSE Euronext (NYX), Nasdaq OMX (NDAQ) and BATS Global Markets over the next few years.
- [By Jake Zamansky]
The Securities and Exchange Commission said on Wednesday afternoon it was in contact with the NASDAQ OMX Group (NDAQ) after the brief outage in the system that was at the heart of the three hour shutdown in August, according to a report by Reuters.
- [By CNNMoney Staff]
Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.
- [By Brent Slava]
Power Solutions International Inc (NASDAQ: PSIX) shares plunged as much as 30 percent Tuesday on a report the company would be delisting from Nasdaq Inc (NASDAQ: NDAQ).
- [By David Zeiler]
Bitcoin futures trading started at the CBOE Global Markets Inc. (Nasdaq: CBOE) on Dec. 10 and on the much larger CME Group Inc. (Nasdaq: CME) on Dec. 18. Nasdaq Inc. (Nasdaq: NDAQ) plans to begin trading Bitcoin futures in the first half of next year.
Best Financial Stocks To Buy Right Now: Euro/Yen(EJ)
- [By Belinda Cao]
E-House China Holdings Ltd. (EJ), a real estate brokerage, gained 9.2 percent to $9.70, extending it advance to a third week. Its American depositary receipts retreated 3.1 percent Sept. 20 from the highest level since May 2011.
Best Financial Stocks To Buy Right Now: Protective Life Corporation(PL)
- [By David Sterman]
My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).
Best Financial Stocks To Buy Right Now: Barclays PLC(BCS)
- [By Jon C. Ogg]
Barclays PLC (NYSE: BCS) was raised to Overweight from Equal Weight at Morgan Stanley. Its American depositary sharesclosed up 2.6% at $11.36 on Thursday and were indicated up 1.2% at $11.50 on Friday. The52-week range is $6.76 to $12.05.
- [By WWW.THESTREET.COM]
Banco Santander (SAN) : “I prefer Barclays (BCS) , but let’s wait and see what the other banks have to say”
ProLogis (PLD) : “I am not a fan of that group right now, but that one is best of breed.”