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Stock Market & Financial Investment News

News Breaks
January 9, 2013
06:52 EDTMMacy's downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Macy's based on relative valuation, normalizing EPS growth, and expectations for slowing comps. Price target is $42.
News For M From The Last 14 Days
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November 23, 2014
13:07 EDTMMacy's CEO sees lower gas prices to benefit retailer, Fox News says
In an interview with Fox News’ Maria Bartiromo today, the CEO of Macy's Terry Lundgren said that Macy's will benefit from lower gas prices. Lundgren said, “We expect to benefit from the lower gas prices...We have much higher expectations for the fourth quarter.” Reference Link
November 21, 2014
07:29 EDTMMacy's well positioned heading into Holiday, says Deutsche Bank
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November 20, 2014
07:36 EDTMMacy's management to meet with Deutsche Bank
Meeting to be held on New York on November 20 hosted by Deutsche Bank.
November 18, 2014
09:56 EDTMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allergan (AGN) downgraded to Market Perform from Outperform at William Blair... Wells Fargo (WFC) downgraded to Market Perform from Outperform at BMO Capital... Allergan downgraded to Neutral from Buy at Guggenheim... Allergan downgraded to Neutral from Buy at SunTrust... Basic Energy (BAS) downgraded to Neutral from Buy at SunTrust... CBS (CBS) downgraded to Neutral from Overweight at Atlantic Equities... Key Energy (KEG) downgraded to Neutral from Buy at SunTrust... Macy's (M) downgraded to Neutral from Buy at BofA/Merrill... Statoil (STO) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Market Perform from Outperform at Telsey Advisory... Urban Outfitters downgraded to Market Perform from Outperform at William Blair... Urban Outfitters downgraded to Neutral from Overweight at Atlantic Equities... Baker Hughes (BHI) downgraded to Hold from Buy at Argus.... Precision Drilling (PDS) downgraded to Market Perform at Raymond James.
07:23 EDTMMacy's downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Macy's to Neutral from Buy. The firm downgraded shares citing valuation and slowing earnings growth. Price target is $65.
06:04 EDTMMacy's downgraded to Neutral from Buy at BofA/Merrill

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