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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:25 EDTKSS, KSS, KSSKohl's to host sales conference call
Conference call to discuss December 2012 sales will be held on January 3 at 8:30 am.
News For KSS From The Last 14 Days
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August 22, 2014
07:15 EDTKSSKohl's price target raised to $68 from $60 at Stifel
Stifel increased its price target on Kohl's as the firm thinks the company's new chief customer officer will improve its marketing and sales efforts. Stifel believes that the these improvements could enable the company to generate higher than expected profits. It keeps a Buy rating on the shares.
August 21, 2014
11:23 EDTKSSKohl's upgraded to Buy from Neutral at Gilford Securities
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August 15, 2014
10:30 EDTKSSJ.C. Penney falls despite posting a narrower than expected Q2 loss
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10:19 EDTKSSKohl's management to meet with MKM Partners
Meeting to be held in Menomonee Falls, WI on August 21 hosted by MKM Partners.
August 14, 2014
16:30 EDTKSSOn The Fly: Closing Wrap
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14:54 EDTKSSKohl's July comp, e-commerce results encouraging, says RW Baird
RW Baird said Kohl's comparable sales growth and e-commerce re-acceleration in July are encouraging and the firm is still bullish on the company's outlook for the second half of the year as its initiatives pick up. Baird maintains it Outperform rating and $63 price target on Kohl's.
09:39 EDTKSSKohl's rises after results beat, levels to watch
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09:35 EDTKSSKohl's says plans to grow ecommerce 20% per year
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09:20 EDTKSSKohl's says sees FY share repurchases of around $900M
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09:11 EDTKSSOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Kohl's (KSS), up 2.5%... Plug Power (PLUG), up 10%... Perrigo (PRGO), up 4.5%. HIGHER: Aruba Networks (ARUN), up 3% after shares upgraded at Stifel... KaloBios (KBIO), up 7.9% after publication shows EphA3 as target for anticancer therapy... Supernus (SUPN), up 4.4% after receiving FDA fast track designation for SPN-810. DOWN AFTER EARNINGS: Noodles & Company (NDLS), down 22%... Vipshop (VIPS), down 5.8%. LOWER: ExOne (XONE), down 10.7%, Voxeljet (VJET), down 6.6%, after earnings reports. Peers in the 3D space are lower as well, with Stratasys (SSYS) down 1% and 3D Systems (DDD) down 0.2%... Enphase Energy (ENPH), down 2.6% after filing to sell common stock for holders... InterMune (ITMN), down 3% after downgraded at Goldman following yesterday's advance on Bloomberg report that the company received takeover bids from Sanofi (SNY), Roche (RHHBY).
08:48 EDTKSSKohl's says saw consistent improvement over the quarter
Says July SSS up 2%, says strongest part of July was end of month. Says start to back-to-school season "exceptionally strong." Says will likely provide guidance at end of Q3. Says sees no reason to give continual updates through the year, says not deviating from plans. Previous FY EPS guidance was $4.05-$4.45, consensus is $4.26. Comments made on the Q2 earnings conference call.
07:02 EDTKSSKohl's expects to open four new stores this fall
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07:02 EDTKSSKohl's reports Q2 EPS $1.13, consensus $1.07
Reports Q2 revenue $4.24B, consensus $4.28B. Reports Q2 SSS down 1.3%. Kevin Mansell, Kohl's chairman, president and CEO, said, “We are pleased with the improvement we saw in sales as the quarter progressed. The improvement was the most dramatic in the month of July where we achieved a positive comp. As they consistently do, our teams did a great job of managing expenses throughout the quarter. We enter the back-to-school season with fresh, new inventory and encouraging momentum."

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