New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 25, 2014
05:55 EDTHD, HD, M, M, TOL, TOL, TMUS, TMUS, ARIA, ARIA, VSI, VSI, BLMN, BLMN, FE, FE, HFC, HFCNotable companies reporting before today's open
Notable companies reporting before today's open, with earnings consensus, include Home Depot (HD), consensus 71c; Macy's (M), consensus $2.17; Toll Brothers (TOL), consensus 18c; T-Mobile US (TMUS), consensus (13c); ARIAD Pharmaceuticals (ARIA), consensus (47c); Vitamin Shoppe (VSI), consensus 38c; Bloomin' Brands (BLMN), consensus 26c; FirstEnergy (FE), consensus 69c; HollyFrontier (HFC), consensus 20c.
News For HD;M;TOL;TMUS;ARIA;VSI;BLMN;FE;HFC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 8, 2016
09:01 EDTMMacy's partners with AwesomenessTV to debut In Awe Of You lifestyle brand
Subscribe for More Information
February 5, 2016
06:23 EDTM20 companies make alliance to keep down healthcare costs, WSJ says
Subscribe for More Information
February 4, 2016
10:28 EDTMKohl's slumps after cutting forecast on lower than planned sales, margins
Shares of Kohl's (KSS) are plunging after the department store retailer cut its earnings per share guidance for fiscal year 2015 based on lower than planned sales for the quarter and "significantly" lower gross margins. WHAT'S NEW: Kohl's said this morning that comparable store sales for the fourth quarter increased 0.4%, with total quarterly sales rising 0.8%. The company said that despite a "very strong" holiday selling season, sales were "very volatile and less than planned" in the quarter. Additionally, Kohl's said the holiday season results were offset by a "very slow start" to Q4 in November as well as a weaker than expected January due to soft demand for cold-weather goods that led to lower store traffic. Looking ahead, Kohl's cut its FY15 EPS view to $3.95-$4.00, excluding losses from debt repayment, against analysts' consensus estimate of $4.30. Kohl's previously expected FY15 EPS to be at the low end of its $4.40-$4.60 range. Kohl's said it lowered its guidance as a result of lower than expected quarterly sales and "significantly lower than planned" gross margin. Kohl's is expected to report Q4 results on February 25. WHAT'S NOTABLE: Kohl's is considering whether to hire an investment bank to advise the company on alternatives including going private or a break up, The Wall Street Journal reported on January 11, citing a source. Kohl's executives are said to be open to a strategic review, the source said. ALSO NOTABLE: Retailer Ralph Lauren (RL) this morning said that while international net revenue grew 6% in constant currency in its third quarter, North America revenue declined 4%, due in part to warmer temperatures for the fall and holiday season. ANALYST OPINIONS: Buckingham yesterday upgraded Kohl's to Buy from Neutral, as the firm expected Kohl's SSS to rise by a low single digit percentage level in Q4. Analysts at Stifel said on January 11 that Kohl's could be worth as much as $95 in a takeover. PRICE ACTION: Kohl's is down over 14% to $43.72 in morning trading. OTHERS TO WATCH: Ralph Lauren is down over 17.5% to trade near $95 per share. Department store peers Macy's (M) and J.C. Penney (JCP) are down 3% and 2%, respectively, this morning.
February 3, 2016
19:47 EDTHDHome Depot to hire 2,000 employees in Massachusetts, Boston Globe says
Subscribe for More Information
07:35 EDTHDHome Depot hiring over 80,000 positions for spring
Home Depot is hiring more than 80,000 associates nationwide to ensure its stores are staffed for the company's busiest selling season.
February 2, 2016
08:33 EDTFECRA says auction process to be conducted for FirstEnergy Penn utilities
CRA International (CRAI) announced that an auction process will be conducted for FirstEnergy Corp.'s (FE) Pennsylvania utilities - Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company and West Penn Power Company - to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auction that is scheduled for April 11, 2016. The bidding process will use a descending-price clock auction format. The auction will be managed by Independent Evaluator and Auction Manager CRA International, Inc. The auction is being conducted pursuant to FirstEnergy's Pennsylvania Default Service Program as approved by the Pennsylvania Public Utility Commission. This is the seventh auction in the series of DSP-III auctions that began in October 2014.
08:32 EDTFEFirstEnergy produced over 88.9M MW hours of electricity
Subscribe for More Information
08:04 EDTTMUSForum Global to hold a conference
Subscribe for More Information
February 1, 2016
16:17 EDTMPVH, G-III Apparel announce license agreement for Tommy Hilfiger womenswear
Subscribe for More Information
14:05 EDTMMacy's announces senior executive changes amid 'evolving' consumer preferences
Subscribe for More Information
07:37 EDTARIAARIAD announces FDA clearance to begin development of AP32788
Subscribe for More Information
January 29, 2016
15:00 EDTMMacy's puts Etsy shop in Herald Square store, Fortune reports
Subscribe for More Information
08:27 EDTMMacy's volatility flat into trimming guidance
Subscribe for More Information
08:05 EDTMMacy's cuts Q4 EPS view to $1.85-$1.90 ex-charges from $2.18-$2.23
Subscribe for More Information
08:05 EDTMMacy's cuts FY15 EPS view to $3.54-$3.59 ex-items from $3.85-$3.90
Subscribe for More Information
08:03 EDTMMacy's revises Q4, FY15 earnings guidance
Subscribe for More Information
08:03 EDTMMacy's completes Brooklyn store redevelopment transaction
Subscribe for More Information
January 28, 2016
09:04 EDTTMUST-Mobile adds Amazon Video, other services to 'Binge On'
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use