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Stock Market & Financial Investment News

News For MHP;APO;WMT;TGT;M;FB;YHOO;ANAD;HOGS;ARO;DWA From The Last 14 Days
Check below for free stories on MHP;APO;WMT;TGT;M;FB;YHOO;ANAD;HOGS;ARO;DWA the last two weeks.
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August 14, 2014
07:06 EDTWMTWal-Mart reports Q2 U.S. SSS flat
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07:05 EDTWMTWal-Mart lowers FY15 EPS view to $4.90-$5.15 from $5.10-$5.45, consensus $5.15
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07:02 EDTWMTWal-Mart reports Q2 EPS $1.21, consensus $1.21
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August 13, 2014
16:19 EDTMOn The Fly: Closing Wrap
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15:05 EDTWMTNotable companies reporting before tomorrow's open
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14:15 EDTFBFacebook launches cross-device reporting for ads
Facebook announced a way to track performance of advertising across devices. The company said in a blog post: "Today we’re launching cross-device reporting for Facebook ads, enabling advertisers to see for the first time how people are moving between devices — across mobile apps and the web — before they convert." Facebook continued, "Imagine seeing an ad for a product on your mobile phone while in line at the bank. Do you immediately make a purchase on your phone? Probably not. But perhaps you go back to your office later that day and buy on your desktop computer. Such cross-device conversions are becoming increasingly common as people move between their phones, tablets and desktop computers to interact with businesses." Reference Link
12:44 EDTWMTEarnings Preview: Wal-Mart sees Q2 EPS $1.15-$1.25, U.S. SSS flat
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12:07 EDTMOn The Fly: Midday Wrap
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12:03 EDTWMTWal-Mart technical comments ahead of results
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12:00 EDTYHOO, FBStocks with call strike movement; YHOO FB
Yahoo (YHOO) January 42 call option implied volatility decreased 2% to 39, Facebook (FB) December 82.5 call option implied volatility decreased 3% to 35 according to IVolatility.
11:46 EDTMMacy's shares trading lower as Q2 results fall short of expectations
Shares of Macy's (M), a retailer that sells a range of merchandise, including apparel, accessories and home furnishings, are lower after the company's second earnings missed analysts' expectations. WHAT'S NEW: The company reported Q2 earnings per share 80c on revenue of $6.23B, falling short of analysts' estimates of 86c and $6.3B, respectively. Comparable sales were up 3.4% for the quarter and comparable sales together with comparable sales of departments licensed to third parties were up 4%. Chief Executive Officer Terry Lundgren noted that even with an improved sales trend in Q2, the company could not make up its sales shortfall from the first quarter. Looking ahead, Macy's reaffirmed its fiscal year 2014 EPS view of $4.40-$4.50 against estimates of $4.47, but cut its FY14 SSS view to 1.5%-2% from 2.5%-3%. Second half same store sales are expected to be up 2%-3%, and the company said expectations for the second half of the year are "on track." Lundgren said the company is approaching 2H with "confident optimism." WHAT'S NOTABLE: On the company's earnings conference call, Macy's Chief Financial Officer Karen Hoguet said the retail expects third quarter SSS to be lower than fourth quarter, adding that it "feels good" about the back half of the year. Macy's said that it sees fall season EPS, or the combined EPS for Q3 and Q4, of $3.04-$3.14 and expects total sales for the second half of the year to be about 30 basis points lower than comp growth. Macy's sees gross margins flat to down slightly for the year and fall season. ANALYST OPINION: This morning, UBS analysts said the Q2 miss could signal Macy's have been unable to generate incremental margin support from brands into increasingly promotional sales trends. Morgan Stanley analysts, meanwhile, believes the Q2 miss and the pullback in shares will be temporary and it presents a buying opportunity. The firm expects more margin misses over the next few weeks due to the promotional environment and remains convinced that Macy's key strategies are still in the early stages of delivering results. PRICE ACTION: In late-morning trading, shares of Macy's dropped $2.89, or 4.84%, to $56.88. OTHERS TO WATCH: J.C. Penney (JCP), which reports earnings tomorrow, is down 2.15%. Nordstrom (JWN), which also reports earnings tomorrow, is relatively flat.
11:14 EDTMMacy's CFO says early back-to-school sales very strong, particularly active
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11:04 EDTFBInstagram names James Quarles as new ad chief, Re/code reports
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10:47 EDTMMacy's sees fall season EPS $3.04-$3.14
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10:44 EDTMMacy's sees Q3 SSS lower than Q4
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09:15 EDTYHOO, MOn The Fly: Pre-market Movers
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08:09 EDTMMacy's cuts FY SSS view to up 1.5%-2% vs. previous 2.5%-3% view
08:02 EDTMMacy's still sees FY14 EPS $4.40-$4.50, consensus $4.47
“We are approaching the second half of 2014 with confident optimism in our business strategies, merchandise assortments and marketing plans, tempered with the reality that many customers still are not feeling comfortable about spending more in an uncertain economic environment,” CEO Terry Lundgren said. “Thus, we remain focused on outperforming our competitors through innovation in omnichannel, which has added new dimensions in how consumers can shop us and how our company can satisfy customer demand. This includes a robust Buy Online Pickup in Store process, which has been rolled out to all full-line Macy’s stores nationwide so that it is fully available this fall and into the holiday shopping season. Moreover, our Millennial strategies have sharpened our merchandising and marketing to customers in the age range of 13 to 30. This has created new positive energy as our customers begin back-to-school shopping.”
08:02 EDTMMacy's says expectations for 2H14 'on track'
Expectations for the second half of 2014 remain on track, with guidance for comparable store growth of 2%-3%. However, even with an improved sales trend in the second quarter, the company was unable to make up its sales shortfall from the first quarter. This calculates to expectations for a full-year 2014 comparable sales increase of 1.5%-2%. Full-year 2014 comparable sales together with comparable sales of departments licensed to third parties now are expected to increase by 2%-2.5%. Previous guidance was for full-year comparable sales to increase by 2.5%-3%. The company continues to expect full-year 2014 earnings per diluted share in the range of $4.40 to $4.50, consistent with guidance previously provided.
08:01 EDTMMacy's reports Q2 EPS 80c, consensus 86c
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