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Stock Market & Financial Investment News

News Breaks
January 3, 2013
08:11 EDTGGP, MMacy's to consolidate, expand in Ridgedale Center
Macy’s (M) announced the consolidation of its two separate stores in Ridgedale Center in Minnetonka, MN, into the one expanded location beginning in early 2014. The current 202,000-square-foot Macy’s main store will be expanded and upgraded by approximately 84,000 square feet, with construction beginning in June 2013. When this project is completed in early 2014, the men’s and home businesses currently in a separate 129,000-square-foot building will move into the main Macy’s store. The smaller building at Ridgedale Center will be closed and acquired by General Growth Properties (GGP) for redevelopment.
News For M;GGP From The Last 14 Days
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March 31, 2015
10:19 EDTMMorgan Stanley to hold a conference
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March 27, 2015
13:31 EDTMKellogg CEO John Bryant elected to Macy's board of directors
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09:01 EDTMFinish Line sees Macy's business generating $240M-$250M in FY sales
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08:56 EDTMFinish Line says Macy's partnership on the way to exceeding long-term vision
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March 26, 2015
06:22 EDTMMacy's says mobile shopping, electronics dampening retail performance, MW says
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March 24, 2015
08:26 EDTMMacy's says will keep investing in e-commerce, online security
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08:24 EDTMMacy's says store closings 'not really about Internet'
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07:27 EDTMTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 20, 2015
08:06 EDTGGPGeneral Growth price target raised to $35 from $28 at Oppenheimer
Oppenheimer increased its price target on General Growth as the firm expects the company's FFO to rise by 10% this year and 13% in 2016. The firm thinks the market underestimates the company's near-term FFO growth and the value of its assets. It keeps an Outperform rating on the shares.
March 19, 2015
07:04 EDTMAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
06:16 EDTMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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