New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2013
08:09 EDTMMacy's to close 6 stores in early Spring 2013, confirms plans for 9 new stores
Macy’s detailed a series of normal-course adjustments to its portfolio of Macy’s and Bloomingdale’s stores across the country. The company said it will close the six stores in early spring 2013. Final clearance sales will begin on Monday, Jan. 7, at five Macy’s locations and on Sunday, Jan. 6, at Bloomingdale’s Fashion Show, and run for between seven and 11 weeks. In conjunction with these store closings, an estimated $2M-$4M of costs will be booked in 4Q12. These costs were not previously included in earnings guidance provided by the company, Macy's said. As previously announced, nine new and replacement Macy’s and Bloomingdale’s stores are currently planned and/or under construction. One new Bloomingdale’s Outlet store is being announced, the company said.
News For M From The Last 14 Days
Check below for free stories on M the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 15, 2014
08:32 EDTMMacy's, Bloomingdales to launch same-day delivery in fall 2014
Macy’s (M) outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and serving the needs of individual customers. Macy’s and Bloomingdale’s will help launch Apple (AAPL) Pay, same-day delivery to be piloted in fall 2014, new POS technology and customer service enhancements in testing, new apps, web functionality and mobile wallet launched, and its RFID is being expanded to fashion categories.
September 11, 2014
10:00 EDTMOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:18 EDTMOn The Fly: Pre-market Movers
UP AFTER EARNINGS: lululemon (LULU), up 15%... Sigma Designs (SIGM), up 7%. ALSO HIGHER: JDSU (JDSU), up 13.8% after announcing that it will separate into two publicly traded companies... Wet Seal (WTSL), up 4.5%, upgraded at B. Riley following Q2 earnings results... Gogo (GOGO), up 5% after announcing partnership with T-Mobile (TMUS)... Digital Ally (DGLY), up 8.4% after announcing plans to introduce "bullet camera" option at October police conference. DOWN AFTER EARNINGS: Restoration Hardware (RH), down 5%... Five Below (FIVE), down 5.6%. LOWER: Radio Shack (RSH), down 8% after reporting Q2 losses, stating that it may need to pursue bankruptcy... E2open (EOPN), down 29%, downgraded at Pacific Crest and Northland after the company announced preliminary Q2 earnings results... Twitter (TWTR), down 1% after announcing that it will offer $1.3B in convertible unsecured senior notes... Crocs (CROX), down 2.6% after downgraded at Buckingham... Macy's (M), down 1.3% after downgraded at Sterne Agee.
08:19 EDTMMacy's downgraded at Sterne Agee
As noted earlier, Sterne Agee downgraded Macy's to Neutral from Buy. As reasons for the downgrade, the firm cited valuation and its belief that the company's SSS and EBIT growth are unlikely to accelerate. Target $62.
06:05 EDTMMacy's downgraded to Neutral from Buy at Sterne Agee
Subscribe for More Information
September 9, 2014
14:54 EDTMApple announces Apple Pay
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use