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Stock Market & Financial Investment News

News For RIMM;BLOX;KR;GES;DIS;ARO;TIF;LQDT;GPS;TGT;M;TKR From The Last 14 Days
Check below for free stories on RIMM;BLOX;KR;GES;DIS;ARO;TIF;LQDT;GPS;TGT;M;TKR the last two weeks.
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July 30, 2014
09:41 EDTKRKroger ratifies agreement with UFCW 75 for Cincinnati, Dayton associates
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08:33 EDTLQDTLiquidity Services awarded surplus contract with DoD
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07:37 EDTMMacy's volatility elevated into Q2 and outlook
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July 28, 2014
15:00 EDTLQDTIronPlanet awarded contract for DoD rolling stock surplus
IronPlanet announced that it was awarded the U.S. Defense Logistics Agency contract to manage and sell rolling stock surplus assets of the U.S. Department of Defense. The DLA issued the final contract award to IronPlanet on July 25, pursuant to a competitive bid process that was held on April 1. Bids for the Surplus Contract were based on a percentage of the sales price of the items that bidders will share with the DLA. IronPlanet estimates $50M-$70M of rolling stock annually, and its bid was equal to 75.29% revenue share to the DLA. The Surplus Contract has a base term of two years with four one-year renewal options. Following the bid process, Liquidity Services (LQDT) filed a bid protest with the Government Accountability Office. This protest and supplemental protests filed were denied by the GAO on July 23. Rolling stock includes surplus trucks, trailers, generators, wheel loaders, cranes, crawler tractors, and other equipment. While Surplus Contract volume will begin to flow to IronPlanet in the third quarter of 2014, the contract is scheduled to fully commence late 2014 into 2015. “We are very pleased and excited to be officially awarded this contract, and to partner with the Defense Logistics Agency. We have already begun moving forward leveraging our existing infrastructure and resources to build the dedicated capabilities necessary to maximize the returns for the U.S. Department of Defense, and ultimately the U.S. taxpayer, in selling their surplus rolling stock assets,” said Greg Owens, CEO, IronPlanet.
08:01 EDTMMacy's FY14 SSS guidance likely at risk, says Deutsche Bank
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July 24, 2014
11:01 EDTDISCare.com names Caroline Sheu as Chief Marketing Officer
Care.com (CRCM) announced that it has named Caroline Sheu Chief Marketing Officer for the Company. Sheu joins Care.com from Disney Interactive (DIS) where she had served as Head of Global Marketing since July 2012.
July 23, 2014
09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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July 22, 2014
07:52 EDTKRKroger management to meet with Guggenheim
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July 21, 2014
14:02 EDTGPSGap expands brand to Slovenia and Austria
Gap announced that it will introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat International has been selected for the launch of Slovenia and Gottex, which currently manages the Gap franchise business in Israel and Hungary, will launch Austria. Gap has signed a new agreement with Magistrat International to open three stores for the first time later this year in the capital city of Ljubljana. City Park. All locations are scheduled to open by September this year. Gap will also open its first store in Vienna, Austria this October through an existing relationship with Gottex Brands, which is a part of the Trimera Group.
09:01 EDTTIFTiffany names Frederic Cumenal as CEO, effective April 1, 2015
09:01 EDTTIFTiffany CEO Michael Kowalski to retire, effective March 31, 2015
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July 18, 2014
18:12 EDTM, TGTVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
13:39 EDTDISYahoo News hires Golodryga to head up news and finance properties, Variety says
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12:21 EDTDISCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
11:04 EDTDISComcast, ESPN reach agreement on carriage of SEC Network, Reuters says
08:21 EDTDISTime Warner merger could change Warner Bros. spot in tv landscape, WSJ says
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July 17, 2014
09:31 EDTDISNetflix, Disney announce multi-year pay TV window agreement in Canada
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09:31 EDTDISMattel says 'Frozen' brand continuing to grow
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06:37 EDTDISFox purchase of Time Warner would challenge ESPN, Reuters says
If 21st Century Fox (FOXA) buys Time Warner (TWX), Fox would mount a significant challenge to Disney's (DIS) ESPN, according to Reuters. An acquisition of Time Warner would add March Madness, prime-time NBA games, and more Major League Baseball games to Fox's already significant arsenal of popular sports events, the news service explained. Reference Link

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