US retail sales rose 0.4 percent in December, closing out strong holiday shopping season

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Kohl's shares surge after two banks upgrade the retailer making a comeback

Kohl’s stock rallied in premarket trading Friday after two Wall Street banks upgraded the company’s shares. Both J.P. Morgan and RBC Capital Markets cited Kohl’s improving same-stores sales (i.e., comp sales) in raising their ratings on the apparel department store. “We see Kohl’s as a rare large cap ‘value’ idea […]

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