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Stock Market & Financial Investment News

News Breaks
March 28, 2014
09:07 EDTFINL, MFinish Line sees Macy's partnership generating $175M-$195M in sales this FY
Says optimistic about near and long-term growth prospects. Says will improve digital capabilities. Says will continue with mutli-year core upgrade to supply chain systems. Says will ramp up Macy's (M) partnership by opening up 220 more doors this year, says plans to complete rollout ahead of holiday season. Says committed to returning capital to shareholders. Says Macy's is expected to be "modestly accretive" this year. Sees Running Specialty Group breakeven this year. Sees FY CapEx $90M-$95M.
News For FINL;M From The Last 14 Days
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July 23, 2014
09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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July 18, 2014
18:12 EDTMVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link

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