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Stock Market & Financial Investment News

News Breaks
March 11, 2014
06:57 EDTBONTBon-Ton Stores announces CEO Brendan Hoffman not to renew contract
The Bon-Ton Stores announced that Brendan L. Hoffman, President and CEO has notified the Company's Board of Directors that he will not renew his employment agreement with the Company at its expiration on February 7, 2015. Therefore, Hoffman's term as President and CEO will end, and he will also resign as a director of the Company, on February 7, 2015. The Board of Directors will undertake a national search to find a chief executive officer to succeed Hoffman.
News For BONT From The Last 14 Days
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August 21, 2014
10:35 EDTBONTSears falls after reporting Q2 loss that more than doubled analyst projections
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07:05 EDTBONTBon-Ton Stores cuts FY14 EPS to 25c-55c from 40c-70c, consensus 57c
Cuts FY14 SSS to up 1%-2% from up 1%-3%; Cuts FY14 adjusted EBITDA to $165M-$175M from $170M-$180M; Sees FY14 gross margin rate flat up to 20 basis points. Sees FY14 SG&A expense rate flat to up 20 basis points. Sees FY14 estimated tax rate of 39%. Backs FY14 CapEx $75M. Cuts FY14 cash flow to $15M-$25M from $20M-$30M.
07:01 EDTBONTBon-Ton Stores reports Q2 SSS up 1.6%
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07:01 EDTBONTBon-Ton Stores reports Q2 EPS ($1.86), consensus ($1.54)
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August 20, 2014
15:26 EDTBONTNotable companies reporting before tomorrow's open
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