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Stock Market & Financial Investment News

News Breaks
May 20, 2014
20:25 EDTPETM, PETM, AEO, AEO, LOW, LOW, TGT, TGT, HRL, HRL, TIF, TIFNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Lowe's (LOW) , consensus 60c; Target (TGT), consensus 71c; Hormel Foods (HRL), consensus 56c; Tiffany & Co. (TIF), consensus 78c; PetSmart (PETM), consensus $1.01; American Eagle Outfitters (AEO), consensus 0c.
News For LOW;TGT;HRL;TIF;PETM;AEO From The Last 14 Days
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July 30, 2015
17:24 EDTTGTFoot Locker appoints Verma as Chief Information Officer
Foot Locker (FL) announced the appointment of Pawan Verma as SVP and Chief Information Officer, effective August 10. Verma succeeds Peter Brown, who retired in April. Verma joins Foot Locker from Target (TGT), most recently serving as VP, Digital and Marketing Technologies and Services Platforms.
July 29, 2015
10:00 EDTTIFOn The Fly: Analyst Initiation Summary
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07:01 EDTTIFTiffany initiated with a Buy at Mizuho
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06:04 EDTAEOAeropostale downgraded to Sell from Neutral at UBS
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July 27, 2015
07:58 EDTHRLHormel Foods reinstated with a Neutral at Credit Suisse
Target $61.
July 24, 2015
06:37 EDTTGTWal-Mart increases offerings in baby category
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July 23, 2015
19:24 EDTLOW, TGTWal-Mart's Apple Pay competitor launching soon, Bloomberg says
CurrentC, the mobile payment application funded by Wal-Mart (WMT), Target (TGT), Best Buy (BBY) and others, will see an early trial run next month, Bloomberg reported earlier, citing three people familiar with the situation. A spokesperson for Lowe's (LOW) said the consortium behind the app expects an official launch in Q3, and Bloomberg noted that CurrentC will compete with more "established" offerings such as Apple's (AAPL) Apple Pay and Google's (GOOG) Android Pay. Reference Link
07:43 EDTAEOStephens to hold a tour
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July 22, 2015
14:37 EDTLOWHome improvement stocks rally after Owens Corning results, home sales data
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08:38 EDTTGTNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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July 20, 2015
13:46 EDTTGTAmazon seen eclipsing Macy's as top U.S. clothing retailer
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06:49 EDTLOWDeutsche goes below consensus on Home Depot, Lowe's
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July 19, 2015
18:13 EDTTGTMacy's considered, rejected sale/lease-backs in past, WSJ says
Macy's (M) executives have considered sale/lease-backs "over the years" and have come to negative conclusions, reports the Wall Street Journal, citing people familiar with the company. The report comes in the wake of Starboard Value pressuring Macy's to spin off its real estate, and sources said the activist investor sees several options, including a REIT, a Hudsonís Bayís-style real estate partnership, a sale/lease-back, or borrowing money against the properties. Separately, a source said Target (T) is still reluctant to relinquish control over its real estate. Reference Link

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