|March 19, 2013|
|14:05 EDT||DSW, SHOO||Steven Madden sell-off a buying opportunity, says Canaccord|
Canaccord views the pullback in shares of Steven Madden (SHOO) after DSW (DSW) said comps were down 5% in the first six weeks of Q1 as a buying opportunity. The firm believes business Steven Madden is taking market share and that its business is tracking to plan.
News For SHOO;DSW From The Last 14 Days
Check below for free stories on SHOO;DSW the last two weeks.
|April 17, 2014|
|07:08 EDT||DSW||DSW appoints Mary Meixelsperger as CFO effective May 1|
Meixelsperger replaces Douglas Probst, who is retiring from DSW on the same day. Meixelsperger joins DSW from Shopko Stores, a regional discount store chain, where she held the roles of Chief Financial Officer, Controller and Treasurer.
|April 15, 2014|
|06:33 EDT||DSW||DSW acquires approximately 44% interest in Town of shoes in Canada|
DSW Inc. and Town Shoes announced that they have entered into a definitive agreement whereby DSW Inc. will purchase for cash approximately 44% interest in Town Shoes for approximately $62M. The transaction has been approved by each company's board and is expected to close in May. DSW Inc. is purchasing its initial 44% stake from AIMCo and may acquire additional shares from certain other minority shareholders as part of its initial investment. Additionally, DSW Inc. will have the right to purchase the balance of Town Shoes from the remaining shareholders, including Callisto Capital, after four years at a pre-determined EBITDA multiple. Callisto, on behalf of itself and the remaining shareholders, has the right to put the balance of the company to DSW Inc. after three years at a pre-determined EBITDA multiple. DSW Inc.'s initial stake provides 50% voting control and board representation, both of which are equal to that of Callisto. The transaction, which the company anticipates to record under the equity method, is expected to be slightly accretive to earnings in FY14, excluding one-time transaction expenses.
|06:30 EDT||DSW||DSW acquires approximately 44% interest in Town of shoes in Canada|
|April 10, 2014|
|10:00 EDT||SHOO||On The Fly: Analyst Initiation Summary|
Apple (AAPL) initiated with a Buy at Deutsche Bank... Crocs (CROX) initiated with a Buy at Buckingham... Deckers Outdoor (DECK) initiated with a Buy at Buckingham... EMC (EMC) initiated with a Buy at Deutsche Bank... HP (HPQ) initiated with a Buy at Deutsche Bank... IBM (IBM) initiated with a Hold at Deutsche Bank... NeoPhotonics (NPTN) coverage resumed with a Market Perform at Raymond James... NetApp (NTAP) initiated with a Hold at Deutsche Bank... Nutrisystem (NTRI) initiated with a Buy at B. Riley... Questar (STR) initiated with an Underperform at BofA/Merrill... S&T Bancorp (STBA) initiated with an Outperform at Raymond James... STB Systems Inc (STBI) initiated with an Outperform at Raymond James... Skechers (SKX) initiated with an Underperform at Buckingham... Steven Madden (SHOO) initiated with a Buy at Buckingham... UGI Corporation (UGI) initiated with a Buy at BofA/Merrill... Web.com (WWWW) initiated with a Neutral at Buckingham... Ally Financial (ALLY) initiated with a Buy at BTIG... Visteon (VC) initiated with a Buy at Citigroup... Greatbatch (GB) initiated with a Buy at KeyBanc... Steris (STE) initiated with a Buy at KeyBanc... Cooper Companies (COO) initiated with a Hold at KeyBanc... Hill-Rom (HRC) initiated with a Hold at KeyBanc... Invacare (IVC) initiated with a Hold at KeyBanc... Teleflex (TFX) initiated with a Hold at KeyBanc... Provident Financial (PROV) initiated with a Market Perform at Keefe Bruyette... UMH Properties (UMH) initiated with a Hold at Wunderlich.
|06:12 EDT||SHOO||Steven Madden initiated with a Buy at Buckingham|
Subscribe for More Information
|April 8, 2014|
|09:04 EDT||DSW||DSW division is new exclusive retail operator for the Yellow Box brand|
Subscribe for More Information
|April 3, 2014|
|07:32 EDT||DSW||Alliance Data signs long-term agreement with DSW |
Alliance Data Systems Corporation (ADS) has signed a long-term agreement to provide co-brand credit card services for DSW (DSW).