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Stock Market & Financial Investment News

News Breaks
January 14, 2013
08:47 EDTM, SKSSaks CEO elected chairman of NRF board
The National Retail Federation today announced that Saks Incorporated (SKS) Chairman and CEO Stephen I. Sadove has been elected chairman of the NRF Board of Directors and chairman of its Executive Committee. He succeeds NRF’s immediate past chairman, Terry J. Lundgren, chairman, president and CEO of Macy’s (M).
News For SKS;M From The Last 14 Days
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October 14, 2014
14:17 EDTMMacy's to open 2 hours earlier for Thanksgiving this year, CNN reports
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October 13, 2014
10:06 EDTMJ.C. Penney rises after selecting Home Depot executive as next CEO
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06:15 EDTMJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.
October 9, 2014
09:41 EDTMBofA/Merrill retail analysts hold an analyst/industry conference call
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October 8, 2014
13:43 EDTMDepartment stores fall after J.C. Penney cuts view due to difficult environment
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11:13 EDTMMacy's October volatility increases as shares pull back
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09:23 EDTMCitigroup to hold a tour
Athletic Footwear Mall Tour travels to Roosevelt Field Mall, Garden City, New York on October 8.
October 7, 2014
09:39 EDTMMacy's Q3 revenues tracking to $6.25B vs. consensus $6.392B, says ITG Research
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