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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:01 EDTMMacy's FY14 SSS guidance likely at risk, says Deutsche Bank
Deutsche Bank believes Macy's FY14 same-store-sales guidance of up 2.5%-3.0% is likely to be revised lower and its earnings outlook of $4.40-$4.50 could be cut by 5c-10c given the shortfall in Q1 and the promotional environment. Deutsche says its channel checks suggest strong Q2 top-line trends for Macy's, however, driven by incremental promotional activity and a pickup in seasonal sales. The firm reiterates a Buy rating on the stock, saying it still wants to own the stock into year-end.
News For M From The Last 14 Days
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September 2, 2015
08:00 EDTMMacy's debuts Macy's Backstage off-price retail brand
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September 1, 2015
07:04 EDTMThe Children's Place names Marla Malcolm Beck to board
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August 31, 2015
11:07 EDTMMacy's announces collaboration with Nineteenth Amendment
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August 25, 2015
09:59 EDTMOn The Fly: Analyst Upgrade Summary
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07:46 EDTMMacy's upgraded on valuation at Deutsche Bank
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06:21 EDTMMacy's upgraded to Hold from Sell at Deutsche Bank
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August 24, 2015
10:24 EDTMMacy's initiated with a Buy at Standpoint Research
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09:49 EDTMFitbit being sold at Macy's seen as near-term catalyst
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07:27 EDTMFitbit entry at Macy's a significant near-term catalyst, says Piper Jaffray
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