News

Wal-Mart Stock: Should Retailer Be Doing Better in U.S. and Abroad?

Bloomberg TV (New York)

- Joseph Feldman, Discount Retail Analyst at Telsey Advisory Group, and Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, discuss Wal-Mart earnings and the company's refusal to sing the Bangladesh Accord. They speak on Bloomberg Television's "Bloomberg Surveillance."

To view the video, please click on the following link: Bloomberg TV, May 16 2013

Economy: Tax hike and cold weather didn’t stop consumers

Reuters

- Retail sales unexpectedly rose in April, defying the payroll tax hike and allaying fears of an economic slowdown..

To view the video, please click on the following link: Reuters, May 13, 2013

Facebook Mobile Revenue Is 'Spectacular': Pro

CNBC.com (New York)

- Tom Forte, senior research analyst at Telsey Advisory Group, highlights Facebook's "spectacular" mobile revenue and is not concerned over earnings miss due to increased investment in innovation.

To view the video, please click on the following link: CNBC, May 2, 2013

Reactions on Amazon profit: trends moving in right direction fundamentally

Reuters (New York)

- Amazon.com Inc's (AMZN.O: Quote, Profile, Research) first-quarter revenue jumped 22 percent to $16.1 billion, propelled by growing sales of digital content, cloud-computing services and gains in retail. But it forecast weak sales this quarter, raising concerns about a slowing international business.

TOM FORTE, ANALYST, TELSEY ADVISORY GROUP: "This quarter is a bit of a 'tweener' so to speak: the company gave you a favorable margin, which is evident in both gross-margin performance and the upside in earnings, and then sales while not spectacular were good.

To view the full article, download the PDF here: Reuters, April 26, 2013

Forte, Moazed Analyze Outlook for Apple

Bloomberg TV (New York)

- Thomas Forte, an analyst at Telsey Advisory Group, and Alex Moazed, chief executive officer of Applico Inc., talk about the outlook for Apple Inc., which reports fiscal second-quarter earnings after the close today. They speak with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance."

To view the video, please click on the following link: Bloomberg TV, April 23, 2013

Time to Take a Bite Out of Apple?

CNBC.com (New York)

- Tom Forte, Telsey Advisory Group analyst, shares his bullish call on Apple over the long-term, as the stock briefly slips below the $400 level.

To view the video, please click on the following link: CNBC, April 18, 2013

Here Are Retail Stocks Still Worth Shopping For: Pro

CNBC (New York)

- Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, one analyst says.

"The statistics clearly has shown that there is slowing," Joe Feldman, Telsey Advisory Group analyst, told CNBC's "Squawk on the Street."

To view the full article, download the PDF here: CNBC, April 15, 2013

Facebook Stock to Ride Mobile Monetization: Forte

Bloomberg TV (New York)

- Thomas Forte, analyst at Telsey Advisory, discusses Facebook's push to increase monetization of mobile users as anticipation grows for a "Facebook phone" that would allow the company to grow its mobile ad business. He speaks on Bloomberg Television's "Bloomberg Surveillance."

To view the video, please click on the following link: Bloomberg TV, April 4, 2013

Amazon Reign as Most Expensive Stock Seen Ending on Profit: Tech

Bloomberg (New York)

- Amazon.com Inc. (AMZN)’s days as the most expensive stock in the Standard & Poor’s 500 Index are numbered as Chief Executive Officer Jeff Bezos reaps profit from an $18.5 billion spending spree designed to spur growth.

“Investors have shown a willingness to accept a rich valuation for a company that’s executing at a very high level and investing,” said Tom Forte, an analyst at Telsey Advisory Group. “There’s a belief that at some point, you’ll have a margin recovery.”

To view the full article, download the PDF here: Bloomberg, April 1, 2013

Amazon Purchase of Goodreads Book-Review Site Irks Authors Group

Bloomberg (New York)

- Amazon.com Inc. (AMZN) is gaining too much control in the publishing industry with its purchase of Goodreads Inc., a social network for readers and a competitor in online book reviews, an authors’ group says.

Tom Forte, an analyst at Telsey Advisory Group in New York, said he also doesn’t see the purchase as a threat to publishers. “This seems more like a better way to sell books on Amazon than an opportunity to create another e-commerce book- seller,” Forte said.

To view the full article, download the PDF here: Bloomberg, April 1, 2013

Telsey Advisory Group Ranks #3 in Trading

MarketWatch

- Telsey Advisory Group, LLC (TAG), a leading equity research, trading, banking, and consulting firm, was recognized for its superior execution in the latest Elkins/McSherry quarterly ranking as published in Pension & Investments magazine.

"The season will be an OK season, it won't be as strong as last year but it won't be maybe as bad as feared heading into it," said Joseph Feldman, managing director and senior research analyst at Telsey Advisory Group. "Christmas comes every year."

To view the full article, download the PDF here: MarketWatch, April 1, 2013

Money Madness Emerging 8: Facebook vs. Google

- Facebook's real-time bidding feature for advertisers is gaining some traction and that's proving a headwind for Google stock, Wedbush Securities Analyst James Dix told CNBC's "Squawk Box" Thursday.

At Facebook, Tom Forte, analyst at Telsey Advisory Group, told CNBC that the social network's monetization strategies, including on mobile, should help boost the stock 46 percent back to its IPO price of $38 a share over the next 12 months.

To view the full article, download the PDF here: CNBC, March 28, 2013

Why Carnival Is Buying Opportunity Despite Bad News

Bloomberg TV (New York)

- Telsey Advisory's Josh Herrity discusses why he is bullish on Carnival shares. He speaks with Betty Liu and Adam Johnson on Bloomberg Television's "Street Smart."

To view the video, please click on the following link: Bloomberg TV, March 15, 2013

Groupon Gains as Legg Mason’s Miller Sees Growth Opportunity

Bloomberg (New York)

-Groupon Inc. (GRPN) gained the most in two weeks after Legg Mason Capital Management Chairman Bill Miller said the largest daily-deal website has a “tremendous” opportunity for growth.

Legg Mason is among Groupon’s largest institutional investors, and Miller’s track record beating the returns of the Standard & Poor’s 500 Index give his opinions weight with investors, said Tom Forte, an analyst at Telsey Advisory Group in New York.

To view the full article, download the PDF here: Bloomberg, March 15, 2013

Can 'Joe Fresh'-en Up the JC Penney Brand?

CNBC.com (New York)

- The retailer's stock is popping after launching its Joe Fresh brand this past weekend. Dana Telsey, Telsey Advisory Group CEO, weighs in on the early read on JC Penney's turnaround plan.

To view the video, please click on the following link: CNBC, March 13, 2013

Money Madness: Facebook vs. BlackBerry

CNBC.com (New York)

- Daniel Ernst, Hudson Square Research; and Tom Forte, Telsey Advisory Group, debate which tech contender should face Apple in the championship playoff for top stock.

To view the video, please click on the following link: CNBC, March 13, 2013

Gap Reopens For Trade

CNBC.com (New York)

- The early release of a pre-recorded conference may have caused the halt in trading. Erika Maschmeyer, R.W. Baird, and CNBC's Bob Pisani and Courtney Reagan, weighs in. And, Dana Telsey, Telsey Advisory Group, breaks down Gap's sales numbers from last month.

To view the video, please click on the following link: CNBC, March 7, 2013

Dow Ends Above 14,300 for First Time Ahead of Jobs Report; S&P 500, Nasdaq Hit Multi-Year High

CNBC (New York)

- Stocks finished higher Thursday, with the Dow posting fresh all-time highs for the third-straight day, following an upbeat weekly jobless claims report and ahead of the widely-watched monthly government jobs data.

"[Gap] talked about women's business being strong and denims. Women's is always your business and when you get denim working, that's a plus. And you're gonna see a return for denim in the spring," said Dana Telsey, CEO of Telsey Advisory Group. "[Also,] Gap's a beneficiary of JCPenney's weakness."

To view the full article, download the PDF here: CNBC, March 7, 2013

Retail Sales Growth Challenges Ahead: Analyst

CNBC (New York)

- Despite poor weather and some consumer spending headwinds, retail same-store sales gained momentum as February progressed. Still, one analyst has misgivings about the near future.

"The next three to six months, the first half of 2013, is challenging for same-store sales gains — low single-digits at best is going to be what it's all about," said Dana Telsey, chief executive of Telsey Advisory Group.

To view the full article, download the PDF here: CNBC, March 7, 2013

Google Trading Near a Record High

Fox Business (New York)

- Telsey Advisory Group analyst Tom Forte weighs in on Google, and expresses his belief that there’s still room for Google shares to rise further.

To view the video, please click on the following link: Fox Business, March 6, 2013

Dana Telsey, Bloomberg's Goyal Discuss Retail Earnings

Bloomberg (New York)

- Dana Telsey, founder of Telsey Advisory Group, and Poonam Goyal, senior U.S. retail analyst for Bloomberg Industries, discuss the latest news in retail from JC Penney Co. Inc. and Sears Holdings Corp. Telsey and Goyal talk with Bloomberg's Pimm Fox and Vonnie Quinn on Bloomberg Radio's "Taking Stock."

To listen to the audio clip, please click on the following link: Bloomberg, March 1, 2013

Wal-Mart Tops Estimates, but Guidance Is Weak

CNBC (New York)

- Wal-Mart Stores reported quarterly earnings Thursday that topped expectations, but guidance for the first quarter came in shy of estimates as higher gas prices and the payroll tax increase cut into consumer spending.

"The big news came out last week on Friday," Dana Telsey, CEO and chief research officer of Telsey Advisory Group, told CNBC's "Squawk Box," referring to a leaked internal company email, in which an executive called February sales a "total disaster." She added: "This is basically confirmation and now the settling down of the estimates. People look at the valuation and say what do we see for 2014."

To view the full article, download the PDF here: CNBC, February 21, 2013

Investors Reject Apple's Bravado

Investors Reject Apple's Bravado

Business News Network.com (New York)

- Apple shares fall after CEO Tim Cook says he's bullish about innovation at the company. BNN speaks with Tom Forte, Analyst, Telsey Advisory Group.

To view the video, please click on the following link: Business News Network, February 12, 2013

U.S. Retail Sales Up On Clearance: Forecast

CNBC.com (New York)

- Dana Telsey, CEO & chief researcher of Telsey Advisory Group, forecasts US retail sales figure up around 3 percent, driven by promotions and clearance sales

To view the video, please click on the following link: CNBC, February 7, 2013

Apple vs. Amazon: Two Different Paths to Success

Bloomberg TV (New York)

- Sheila Dharmarajan reports on the operational differences between Apple and Amazon.com. Telsey Advisory Group's Tom Forte also speaks on Bloomberg Television's "In The Loop."

To view the video, please click on the following link: Bloomberg TV, January 29, 2013