News Breaks |
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| February 11, 2013 |
| 13:22 EDT |  | GMAN, M | Gordmans Stores names Michael Morand as Chief Merchandising Officer
Morand has served as Gordmans' (GMAN) executive vice president of planning, allocation and analysis since 2008. Prior to joining Gordmans in 2007, he held senior level positions in merchandising, strategic planning, allocation and marketing for several operating divisions of May Department Stores, now known as Macy's (M), including Robinsons-May, Famous Barr and Lord & Taylor. |
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News For GMAN;M From The Last 14 Days Check below for free stories on GMAN;M the last two weeks. |
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| May 24, 2013 |
| 10:04 EDT |  | GMAN | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DDR Corp. (DDR) upgraded to Buy from Hold at Jefferies... Gordmans Stores (GMAN) upgraded to Overweight from Neutral at Piper Jaffray... Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital... Procter & Gamble (PG) upgraded to Buy from Neutral at UBS... Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird... Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital... Whiting Petroleum (WLL) upgraded to Buy from Neutral at SunTrust... Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair. |
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| 06:46 EDT |  | GMAN | Gordmans Stores sees Q2 EPS 1c-3c, consensus 12c (yesterday)
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| 06:37 EDT | | GMAN | Gordmans Stores upgraded to Overweight from Neutral at Piper Jaffray
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| May 23, 2013 |
| 14:45 EDT |  | M | Retailers file new suit against card companies over swipe fees, Bloomberg says
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| 11:59 EDT | | M | Retailers file suit against Visa, MasterCard over credit cards, Bloomberg says
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| 08:11 EDT | | GMAN | Gordmans Stores reports Q1 EPS 17c, consensus 12c
Reports Q1 revenue $131.4M, consensus $129.36M. |
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| May 15, 2013 |
| 16:24 EDT |  | M | On The Fly: Closing Wrap
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| 15:34 EDT |  | M | Macy's price target raised to $54 from $46 at Credit Suisse
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| 12:28 EDT | | M | On The Fly: Midday Wrap
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| 11:11 EDT | | M | Macy's sees Q2 sales down less than previously thought
Although Macy's sees Q2 sales down sequentially, the company now sees less of a difference than previously thought. On the Q1 earnings call the CFO said, "I would add though that while we still expect Q2 sales to fall below that in Q1, we now expect the spread between the first and second quarters to be by less than the 200-300 basis points we had mentioned in February. We believe we will get a benefit in the second quarter as the weather finally begins to get warmer." |
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| 09:23 EDT |  | M | Macy's hits a new life high after results, levels to watch
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| 09:19 EDT | | M | On The Fly: Pre-market Movers
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| 08:05 EDT | | M | Macy's affirms view of FY13 EPS $3.90-$3.95, consensus $3.92
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| 08:04 EDT | | M | Macy's raises dividend to 25c from 20c, ups buyback authorization by $1.5B
Macy’s board of directors has authorized an increase in the quarterly dividend on Macy's common stock to 25c per share from the current 20c per share. The new dividend will be payable July 1 to shareholders of record at the close of business on June 14. The board also has increased the company’s share repurchase authorization by $1.5B. This brings the remaining authorization outstanding, as of the end of the first quarter on May 4, after giving effect to this increase, to approximately $2.6B. |
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| 08:01 EDT | | M | Macy's reports Q1 EPS 55c, consensus 53c
Reports Q1 revenue $6.39B, consensus $6.39B. Reports Q1 comparable sales up 3.8%. |
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| May 14, 2013 |
| 15:30 EDT | | M | Notable companies reporting before tomorrow's open
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| 15:24 EDT |  | M | Macy May 47 straddle priced for 3.7% move into Q1
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| May 13, 2013 |
| 14:17 EDT | | M | Macy's May volatility elevated at 44 up into Q1 and outlook
Macy's May call option implied volatility is at 44, June and August is at 23; compared to its 26-week average of 27 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 15. |
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| 09:39 EDT | | M | Macy's shares slip, levels to watch
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| 09:36 EDT |  | M | Macy's downgraded at Northcoast
As previously reported, Northcoast downgraded Macy's to Neutral from Buy. The firm cites valuation for the downgrade. |
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