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PETsMART News

News on PETsMART (Ticker: PETM) continually updated from thousands of sources around the net.

Friday Jul 11 | USA Today

6 stocks going bananas this summer

It's been a "Planet of Boring Stocks" this summer so far for most investors, with the market just about dead flat.

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Related Topix: Financial Markets, Retail, Pets, Vertex, Biotech, Vertex Pharmaceuticals, Medicine, Healthcare Industry, Iron Mountain

Wed Jul 09, 2014

Barron's

PetSmart Could Unleash Upside With Petco Buy

A couple of weeks ago we assumed coverage on PetSmart and rated an acquisition of Petco Animal Supplies a 20% probability in the next year, based on our initial analysis.

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Related Topix: Retail, Pets

AmericanBankingNews.com

PetSmart Rating Lowered to Hold at Standpoint Research

Shares of PetSmart traded up 1.09% during mid-day trading on Wednesday, hitting $69.50.

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Related Topix: Retail, Pets

TheStreet.com

Will This Price Target Increase Help PetSmart (PETM) Stock Today?

The analyst firm maintained its "hold" rating for the stock. The higher price target reflects potential in the short-term future according to Jefferies analysts.

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Related Topix: Retail, Pets, Financial Markets

Tue Jul 08, 2014

Benzinga

Memories Of March Return As Momentum Stocks Hit Hard

U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter , Facebook , FireEye and others under-performed major indices significantly.

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Related Topix: Financial Markets, MMM, Semiconductors, Electronics, Applied Materials, Apparel, Guess Inc Et Al, Startups, Intuitive Surgical, Retail, Pets

Bloomberg

PetSmart Activists Wave Cash Flow at LBO Firms

Same-store sales at the $6.8 billion pet-care company fell last quarter for the first time in at least a decade as competition with Amazon.com Inc. and other retailers intensified.

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Related Topix: Retail, Pets, Activism

Seeking Alpha

Mid-Year Report: Not All Stocks Overpriced

Halfway through 2014, stocks are looking pricier. As investors who choose individual stocks mull the taking of profits, eating of losses and some judicious rebalancing, it's worth asking very broadly: what's still cheap? Rather than search for super-low-priced shares at this point, we're looking at the S&P 500 components and using the YCharts Stock ... (more)

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Related Topix: Financial Markets, Retail, Pets

Benzinga

Bank Of America Moves PetSmart To No Rating As Sale Or Merger Is Possible

In a report published Tuesday, Bank of America analyst Denise Chai moved the rating on PetSmart from Underperform to No Rating, and removed the $48.00 price target.

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Related Topix: Retail, Pets

Mon Jul 07, 2014

USA Today

Shareholder pressure mounts on PetSmart

Pressure mounts on PetSmart to boost shareholder value PetSmart gets another bite from a major investor.

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Related Topix: Retail, Pets

Ohio.com

PetSmart to undertake review after hedge fund partner takes activist stake

Copyright i 1 2 2014 Bloomberg L.P. Bloomberg licenses the Beacon Journal Publishing Co, Inc. to recirculate and re-publish Bloomberg Business News stories as part of our production and publication.

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Related Topix: Retail, Pets, Bloomberg LP, Media, IT Services, Publishing, Television, Ottaway Newspapers, Fox Filmed Entertainment, Digital Journal, FOX News Network

TheStreet.com

How Will PetSmart (PETM) Stock Respond To Jana Partners Pressure?

There is no assurance that the review will lead to any actions and the timing of potential changes is uncertain, the pet-supply retailer said in a filing today, Bloomberg added.

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Related Topix: Retail, Pets, Financial Markets, Business News

Fox News

PetSmart Eyes Capital Structure Changes

PetSmart Inc said it is reviewing potential changes in its capital structure, days after activist hedge fund Jana Partners LLC said it planned to ask the pet products retailer to explore a sale.

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Related Topix: Retail, Pets, Business News

Reuters

PetSmart evaluating changes to capital structure

PetSmart Inc said it is reviewing potential changes in its capital structure, days after activist hedge fund Jana Partners LLC said it planned to ask the pet products retailer to explore a sale.

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Related Topix: Retail, Pets

MarketWatch

The Wall Street Journal: PetSmart reviews capital structure amid activist pressure

PetSmart Inc. said its board has been reviewing potential changes to the pet-supply retailer's capital structure, including returning capital to shareholders, amid activist pressure.

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Related Topix: Retail, Pets

Fri Jul 04, 2014

Seeking Alpha

Coach: An 'Accidental High Yielder'

Coach may be forming a bottom here and offering an attractive entry point. This is the way I am actioning this possible turnaround.

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Related Topix: Apparel, Coach, Financial Markets, Retail, Pets

Switched

Dow Tops 17,000 For First Time After Positive Jobs Report

Wall Street's holiday-shortened session ended with multiple records on Thursday, with the Dow topping 17,000 for the first time after the June jobs report came in much stronger than expected.

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Related Topix: 9, Financial Markets, Retail, Pets, Scott Brown, US News, US Senate, Republican, US Politics, John Kerry, Democrat

Minyanville

US Stocks Continue to Power Higher on Positive Payrolls Data

US markets continued to trend strongly higher on the holiday-shortened session helped by better-than-expected payroll growth from June.

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Related Topix: Financial Markets, Retail, Pets

Thu Jul 03, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Private equity funds managed by Blackstone on... )--Regulatory News: Dans le cadre de sa strategie de developpement d'espaces globaux et differenciants visant a deployer toutes les formes de commerce au sein d'un site - surfa... )--Ipanema Technologies the leader in network solutions of Application Performance Guarantee over the WAN today announced ... (more)

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Related Topix: Banning, CA, Financial Markets, WAN, Science / Technology, Retail, Pets, Home, Mortgage, Personal Finance

The Washington Post

Dow Average Tops 17,000 as June Payrolls Rise Amid ECB Stimulus

The Dow Jones Industrial Average climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details of its stimulus plans.

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Related Topix: Financial Services, Insurance, MetLife, Goldman Sachs, Investment Services, Retail, Pets, Financial Markets, Science / Technology

Business Journal

PetSmart executive acquires and becomes CEO of Phoenix's CyberMark International

CyberMark International LLC, a Phoenix-based full-service Internet marketing agency, has named a longtime PetsMart executive as its new CEO.

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Related Topix: Retail, Pets, Marketing, Internet, Science / Technology

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