|January 4, 2013|
|08:46 EDT||M, FINL||Finish Line says partnership with Macy's progressing on plan|
Sees taking 18-24 months to roll out Finish Line shops to 450 planned Macy's locations. Sees partnership generating incremental $250M-$350M in annual sales when fully rolled out.
News For FINL;M From The Last 14 Days
Check below for free stories on FINL;M the last two weeks.
|March 11, 2014|
|17:21 EDT||M||Macy's can continue to rise, Barron's says|
Macy's stock is still not expensive and can continue to rise, following an upgrade from Wells Fargo, Barron's contends in its Barron's Take column. Wells Fargo sees Macy's shares rising 20%, the paper adds. Reference Link
|11:29 EDT||M||Bon-Ton falls after outlook misses forecast, CEO announces plans to leave|
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|10:00 EDT||M||On The Fly: Analyst Upgrade Summary|
Altra Holdings (AIMC) upgraded to Buy from Hold at KeyBanc... Apple (AAPL) upgraded to Outperform from Sector Perform at Pacific Crest... BNY Mellon (BK) upgraded to Buy from Neutral at UBS... Bank of Ireland (IRE) upgraded to Buy from Neutral at BofA/Merrill... CDW Corporation (CDW) upgraded to Conviction Buy from Buy at Goldman... Hospitality Properties (HPT) upgraded to Outperform from Market Perform at Wells Fargo... Imperial Holdings (IFT) upgraded to Outperform from Market Perform at FBR Capital... InterMune (ITMN) upgraded to Buy from Neutral at Goldman... J.C. Penney (JCP) upgraded to Buy from Neutral at Citigroup... Knightsbridge Tankers (VLCCF) upgraded to Overweight from Equal Weight at Evercore... Macy's (M) upgraded to Outperform from Market Perform at Wells Fargo... Stanley Black & Decker (SWK) upgraded to Outperform at Wells Fargo... Wesco Aircraft (WAIR) upgraded to Outperform from Sector Perform at RBC Capital... Accenture (ACN) upgraded to Buy from Hold at Berenberg... PowerSecure (POWR) upgraded to Buy from Hold at Maxim... 3D Systems (DDD) upgraded to Overweight at Stephens citing top-line growth... AB InBev (BUD) upgraded to Buy from Hold at ING Group... Harmony Gold (HMY) upgraded to Sector Performer from Underperformer at CIBC... Gold Fields (GFI) upgraded to Outperformer from Sector Performer at CIBC... Kaman (KAMN) upgraded to Buy from Hold at Drexel Hamilton.
|07:34 EDT||M||BofA/Merrill to host a conference|
2014 Consumer & Retail Conference is being held in New York on March 11-12.
|05:50 EDT||M||Macy's upgraded to Outperform from Market Perform at Wells Fargo|
Wells Fargo upgraded Macy's to Outperform saying the company's Q4 results indicate it’s the "clear leader” in the mid-tier department store sector. Wells sees an attractive valuation and strong fundamentals and raised its price target range for shares to $66-$70 from $54-$58. Macy's closed yesterday up 7c to $58.12.
|March 7, 2014|
|10:45 EDT||FINL||Foot Locker rises after quarterly earnings beat expectations|
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|February 26, 2014|
|06:18 EDT||M||J.C. Penney fails to make e-commerce gains, Reuters reports|
While J.C. Penney (JCP) saw online sales jump 26.3% over the holiday quarter, overall it lost its lead among other department store chains because of management mistakes, low investment in the website and other technology, reports Reuters. Penney now gets about 8% of sales online, compared with 15%, including catalog sales, a decade ago. E-commerce sales at Macy's (M) and Penney were about equal in 2010, for example. But two years later, Macy's were three times larger. .Reference Link