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Stock Market & Financial Investment News

News Breaks
October 19, 2012
08:08 EDTPERF, MPerfumania appoints Linda G. Levy as SVP, Chief Marketing Officer
Perfumania Holdings (PERF) announced the appointment of Linda G. Levy to Senior Vice President and Chief Marketing Officer, effective immediately. Levy will oversee the marketing strategies, and business development for Perfumania Holdings, Inc. retail division and the recently acquired portfolio of Parlux prestige fragrances. Levy was previously Vice President of Merchandise Marketing for Cosmetics and Fragrances at Macy’s (M).
News For PERF;M From The Last 14 Days
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May 15, 2013
16:24 EDTMOn The Fly: Closing Wrap
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15:34 EDTMMacy's price target raised to $54 from $46 at Credit Suisse
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12:28 EDTMOn The Fly: Midday Wrap
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11:11 EDTMMacy's sees Q2 sales down less than previously thought
Although Macy's sees Q2 sales down sequentially, the company now sees less of a difference than previously thought. On the Q1 earnings call the CFO said, "I would add though that while we still expect Q2 sales to fall below that in Q1, we now expect the spread between the first and second quarters to be by less than the 200-300 basis points we had mentioned in February. We believe we will get a benefit in the second quarter as the weather finally begins to get warmer."
09:23 EDTMMacy's hits a new life high after results, levels to watch
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09:19 EDTMOn The Fly: Pre-market Movers
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08:05 EDTMMacy's affirms view of FY13 EPS $3.90-$3.95, consensus $3.92
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08:04 EDTMMacy's raises dividend to 25c from 20c, ups buyback authorization by $1.5B
Macy’s board of directors has authorized an increase in the quarterly dividend on Macy's common stock to 25c per share from the current 20c per share. The new dividend will be payable July 1 to shareholders of record at the close of business on June 14. The board also has increased the company’s share repurchase authorization by $1.5B. This brings the remaining authorization outstanding, as of the end of the first quarter on May 4, after giving effect to this increase, to approximately $2.6B.
08:01 EDTMMacy's reports Q1 EPS 55c, consensus 53c
Reports Q1 revenue $6.39B, consensus $6.39B. Reports Q1 comparable sales up 3.8%.
May 14, 2013
15:30 EDTMNotable companies reporting before tomorrow's open
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15:24 EDTMMacy May 47 straddle priced for 3.7% move into Q1
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May 13, 2013
14:17 EDTMMacy's May volatility elevated at 44 up into Q1 and outlook
Macy's May call option implied volatility is at 44, June and August is at 23; compared to its 26-week average of 27 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 15.
09:39 EDTMMacy's shares slip, levels to watch
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09:36 EDTMMacy's downgraded at Northcoast
As previously reported, Northcoast downgraded Macy's to Neutral from Buy. The firm cites valuation for the downgrade.
09:33 EDTMMacy's downgraded to Neutral from Buy at Northcoast
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May 9, 2013
15:20 EDTMMacy's price target raised to $56 from $50 at Maxim
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