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Stock Market & Financial Investment News

News Breaks
November 4, 2012
19:56 EDTM, JCP, KSS, TGT, WMT, FDX, RHurricane Sandy impacts supply chain, threatening holiday shopping, NYT says
Hurricane Sandy may impact holiday shopping as disruptions in the supply chain from flooded warehouses to gas shortages slow things down, says the New York times. Reference Link
News For M;JCP;KSS;TGT;WMT;FDX;R From The Last 14 Days
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July 23, 2014
14:12 EDTRRyder downgraded to Outperform from Strong Buy at Raymond James
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09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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08:00 EDTRRyder sees Q3 supply chain earnings to be down year over year
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07:59 EDTRRyder sees Q3 EPS $1.58-$1.63, consensus $1.64
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07:58 EDTRRyder raises FY14 EPS to $5.50-$5.60 from $5.40-$5.55
FY14 EPS consensus $5.52
07:57 EDTRRyder reports Q2 comparable EPS from cont. ops. $1.44, consensus $1.40
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July 22, 2014
15:30 EDTRNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PepsiCo (PEP) , consensus $1.23; Boeing (BA), consensus $2.01; Dow Chemical (DOW), consensus 72c; EMC (EMC), consensus 43c; Simon Property Group (SPG), consensus $2.13; Thermo Fisher (TMO), consensus $1.62; General Dynamics (GD), consensus $1.77; Freeport-McMoRan (FCX), consensus 49c; Delta Air Lines (DAL), consensus $1.04; Northrop Grumman (NOC), consensus $2.22; Whirlpool (WHR), consensus $2.91; B/E Aerospace (BEAV), consensus $1.07; Ryder (R), consensus $1.40; Owens Corning (OC), consensus 46c.
06:55 EDTWMTWal-Mart reduces prices more intensly for back-to-school, Bloomberg says
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July 21, 2014
06:42 EDTWMTWal-Mart adds over $102M to Indian wholesale unit, Reuters says
Wal-Mart added fresh funds worth $102.9M into its Indian wholesale division last month, according to Reuters, citing a filing made by its Indian business to the Registrar of Companies. The filing detailed that the funds were allotted as share application money. Reference Link
July 18, 2014
18:12 EDTTGT, MVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
16:20 EDTFDXOn The Fly: Closing Wrap
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10:40 EDTJCPJ.C. Penney call active on renewed takeover chatter
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10:28 EDTJCPRumor: J.C. Penney moves up on renewed takeover chatter
09:32 EDTFDXFedEx slips in early trading, levels to watch
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06:33 EDTFDXFedEx says loss from DOJ suit 'could be material' if convicted
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06:30 EDTFDXFedEx says innocent of charges brought by Justice Department
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July 17, 2014
18:54 EDTFDXFedEx says innocent of drug charges, will plead not guilty, Bloomberg reports
18:52 EDTFDXFedEx indicted for its role in distributing controlled substances
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July 16, 2014
06:18 EDTFDXTNT Express receives Statement of Objections from French Competition Authority
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06:16 EDTFDXFedEx says France investigating anticompetitive behavior
On June 30, FedEx said it received a Statement of Objections from the French Competition Authority addressed to FedEx Express France, formerly known as TATEX, regarding an investigation by the FCA into anticompetitive behavior that is alleged to have occurred primarily in the framework of trade association meetings that included the former general managers of TATEX prior to our acquisition of that company in July 2012. FedEx says that "Given the early stage of this matter, we cannot yet determine the amount or range of potential loss; however, it is reasonably possible that it could be material."
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