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Stock Market & Financial Investment News

News Breaks
February 11, 2013
13:22 EDTGMAN, MGordmans 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.
News For GMAN;M From The Last 14 Days
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October 14, 2014
14:17 EDTMMacy's to open 2 hours earlier for Thanksgiving this year, CNN reports
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October 13, 2014
10:06 EDTMJ.C. Penney rises after selecting Home Depot executive as next CEO
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06:15 EDTMJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.
October 9, 2014
09:41 EDTMBofA/Merrill retail analysts hold an analyst/industry conference call
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October 8, 2014
13:43 EDTGMAN, MDepartment stores fall after J.C. Penney cuts view due to difficult environment
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11:13 EDTMMacy's October volatility increases as shares pull back
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09:23 EDTMCitigroup to hold a tour
Athletic Footwear Mall Tour travels to Roosevelt Field Mall, Garden City, New York on October 8.

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