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Stock Market & Financial Investment News

News Breaks
March 25, 2014
08:48 EDTMMacy's says environment has been very promotional
Still sees FY14 SSS up 2%-3%. Says weather making it challenging to figure out "what's going on" with consumer, says consumer not "overwhelmingly excited" about spending. Says will continue to close stores that are no longer cash positive, stores "that aren't worth investing in," says will open a few new full-line stores this year. Says $1.1M in capital spending "feels like the right number." Comments made at the Telsey Advisory Group Spring Consumer Conference.
News For M From The Last 14 Days
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December 19, 2014
09:20 EDTMMacy's sales soft through mid-December, says Cleveland Research
Cleveland Research said Macy's sales are tracking in the range of +1% to +2% through mid-December, vs. consensus of +2.2%. The firm said soft customer traffic trends remain the primary headwind for the quarter. Shares are Buy rated.
December 16, 2014
10:41 EDTMMacy's initiated with an Outperform at Cowen
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December 9, 2014
10:23 EDTMOn The Fly: Analyst Downgrade Summary
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08:14 EDTMMacy's downgraded at Atlantic Equities
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08:06 EDTMMacy's downgraded to Neutral from Overweight at Atlantic Equities
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