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Stock Market & Financial Investment News

News Breaks
January 15, 2013
07:08 EDTFL, KMB, MCD, PG, SAFM, JCPRetailers concerned about consumer buying as payroll tax hits, WSJ reports
American workers are opening their first paychecks of the year and finding an unpleasant surprise: The government's take has gone up. That consumers remain tentative threatens to put a drag on economic growth. The effect for companies is that this will likely cement a frugal attitude that led consumers to cut back on eating out and shift to less-expensive store brands, reports the Wall Street Journal.Reference Link
News For PG;KMB;JCP;MCD;FL;SAFM From The Last 14 Days
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March 24, 2015
06:34 EDTPG, KMBKimberly-Clark upgraded to Outperform from Market Perform at Wells Fargo
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March 23, 2015
12:52 EDTMCDMcDonald's calls active on investor letter
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10:12 EDTMCDGlenview said McDonald's could unlock $20B in value with REIT, Bloomberg reports
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March 20, 2015
16:00 EDTMCDOptions Update; March 20, 2015
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09:01 EDTJCPJ.C. Penney says general counsel Janet Dhillon to leave company
J.C. Penney said in a filing that effective March 20, Janet Dhillon, Executive Vice President, General Counsel and Secretary, is leaving J. C. Penney Company.
March 19, 2015
08:03 EDTPGInter Parfums unit to acquire Procter & Gamble's Rochas brand for $108M
Inter Parfums (IPAR) announced that its majority owned Paris-based subsidiary, Interparfums S.A. has entered into an agreement with The Procter & Gamble Company (PG) to acquire the Rochas brand. This transaction will cover all brand names and registered trademarks for Rochas, mainly for class 3 cosmetics and class 25 fashion. This acquisition will be payable in cash on the closing date for $108M and financed entirely through a medium term loan. This transaction is expected to be completed within the first half of 2015, subject to customary closing conditions.
March 18, 2015
13:30 EDTJCPJ.C. Penney trades lower after news of executive departures
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March 17, 2015
15:41 EDTJCPJ.C. Penney General Counsel Janet Dhillon leaving, Bloomberg says
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10:42 EDTFLFoot Locker management to meet with Sterne Agee
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07:30 EDTFLFoot Locker analyst day highlighted growth strategies, says UBS
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06:57 EDTJCPJ.C. Penney CMO leaves company, effective immediately, AdAge reports
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06:46 EDTMCDMcDonald's burn complaints to focus on corporate reponsibility, WSJ says
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06:13 EDTFLFoot Locker analyst day removes uncertainty, says Citigroup
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06:06 EDTMCDMcDonald's employees file complaints of burns, injuries, LA Times says
McDonald's employees have filed complaints against 28 McDonald's locations -- including nine owned by the corporation itself -- alleging they received burns on the job, reports the LA Times, citing statements by union-backed group Fast Food Forward. The complaints were lodged with the Occupational Safety and Health Administration and claim that greasy floors, lack of staff, and an extremely fast-paced environment elevate the risk of injury in McDonald's restaurants. Reference Link
06:04 EDTFLFoot Locker to exit Lady Foot Locker business slowly, TheStreet says
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March 16, 2015
17:04 EDTFLFoot Locker announces updated strategic priorities
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17:02 EDTFLFoot Locker raises long term financial objectives
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10:46 EDTPGProcter & Gamble weighs deal for beauty brands, Bloomberg reports
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10:40 EDTPGProcter & Gamble weighs single deal for beauty brands, Bloomberg says
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06:16 EDTPGWal-Mart to sell Tide rival Persil in stores, WSJ reports
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