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Stock Market & Financial Investment News

News Breaks
March 15, 2013
07:04 EDTBWSBrown Shoe sees FY13 adjusted EPS $1.18-$1.25, consensus $1.08
Sees FY13 consolidated net sales $2.55B-$2.58B, consensus $2.59B. Sees FY Famous Footwear SSS up low single digits. Sees FY effective tax rate 33%-35%, CapEx $50M-$55M.
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April 10, 2014
07:31 EDTBWSBrown Shoe made material progress in it restructuring, says Brean Capital
Brean Capital said Brown Shoe made material progress in its restructuring to improve operating performance. The firm cited lower debt, continued store and channel optimization, and significant free cash flow. Shares are Buy rated with a $36 price target.

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