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Stock Market & Financial Investment News

News Breaks
January 9, 2013
10:55 EDTKSS, WMT, SKT, TGT, ANF, JCP, AEO, SHLDShopping malls see tepid growth, WSJ says
Retail landlords and industry experts expect moderate growth this year for U.S.malls, as demand for space in existing shopping centers remains weak, says the Wall Street Journal, citing a report from real-estate research firm Reis Inc.. Reference Link
News For JCP;SHLD;AEO;ANF;TGT;WMT;KSS;SKT From The Last 14 Days
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April 14, 2015
08:55 EDTJCPJ.C. Penney sees Q1 SSS up 3.5%-4.5%
J.C. Penney said in a regulatory filing that on April 13, the company became aware that a senior official of the company inadvertently sent an e-mail communication to a securities analyst that contained non-public information regarding the company’s comparable store sales results for Q1 to date, which are approximately 6%. Based on results to date, and taking into account the shift of Easter into the fiscal month of March this year, the company currently expects comparable store sales for Q1 to be in the range of 3.5%-4.5%.
April 13, 2015
14:18 EDTTGTTarget names Anne Dament as SVP, Merchandising
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09:23 EDTSHLDSears moves higher on Simon Property Group deal
Price was last higher by over 3.8% in the pre-market to $44.60 after the company struck a deal with Simon Property Group (SPG) similar to that previously made with General Growth Properties (GGP). Resistance is at $45.69. Support is at $44.02.
06:35 EDTSHLDSears volatility low into Simon Property a joint venture of real estate holdings
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06:22 EDTJCP, SHLD, TGT, ANFGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link
06:06 EDTSHLDSears, Simon Property form 50/50 JV
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April 12, 2015
15:43 EDTWMTWal-Mart's Walton family puts shares in newly formed trust, Reuters says
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April 10, 2015
18:29 EDTWMTWal-Mart says Walton family to place 6% of shares in trust, Reuters reports
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April 9, 2015
10:03 EDTANFAbercrombie & Fitch call activity attributed to unconfirmed LBO speculation
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10:02 EDTANFAbercrombie & Fitch spikes higher, levels to watch
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09:58 EDTANFRumor: Abercrombie & Fitch strength attributed to unconfirmed LBO speculation
09:18 EDTTGT, AEO, ANF, JCP, KSSBofA/Merrill retail analysts hold an analyst/industry conference call
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April 8, 2015
12:05 EDTWMTWal-Mart: Pay raises for over 34,000 associates in Florida effective this week
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07:23 EDTKSSKohl's valuation reflects takeout or a turnaround, says Credit Suisse
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06:19 EDTWMTWal-Mart de Mexico reports March sales up 9.4% from last year
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05:16 EDTWMTWalmart announces pay raises for over 72K associates in TX go into effect
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April 7, 2015
09:23 EDTTGTFreshpet dry food product launched at Target, says Baird
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09:20 EDTKSSKohl's price target raised to $87 from $77 at MKM Partners
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09:07 EDTAEOAmerican Eagle price target raised to $22 from $20 at BMO Capital
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08:57 EDTKSSKohl's price target raised to $87 from $77 at MKM Partners
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