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Stock Market & Financial Investment News

News Breaks
November 13, 2012
09:36 EDTSKSSaks says Hurricane Sandy impacted 55% of total company store revenue base
News For SKS From The Last 14 Days
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May 21, 2013
16:26 EDTSKSOn The Fly: Closing Wrap
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16:14 EDTSKSSaks spikes higher as company retains Goldman for strategic alternatives
The shares are currently up over 15.5% in the extended session to $15.76 after a report that the company has retained Goldman to explore strategic alternatives, including a possible sale. At current price next resistance is at $16.86. Support is at $15.49, a prior pivot low.
16:12 EDTSKSSaks up 15% after NY Post says Goldman hired for possible sale
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16:08 EDTSKSSaks hires Goldman Sachs to explore strategic alternatives, NY Post says
Saks has hired Goldman Sachs to explore strategic alternatives, including a possible sale, reports The New York Post, citing a source briefed on the situation. Reference Link
12:36 EDTSKSOn The Fly: Midday Wrap
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09:25 EDTSKSOn The Fly: Pre-market Movers
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08:19 EDTSKSSaks sees FY13 SSS up 4%-6% for remainder of year
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08:14 EDTSKSSaks reports Q1 SSS up 5.9%
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08:06 EDTSKSSaks expects to invest $85-$95M in Project Evolution
Company said noted, "Project Evolution is key to our omni-channel transformation. It can be difficult to project all expenses associated with a multi-year project of this magnitude. As we have gotten further along in the process, we generally remain on schedule but expect to incur more expenses in 2013 than we initially anticipated. Our expected total capital investment in the project remains unchanged at approximately $85M-$95M. We remain absolutely confident that this investment is the right one for the business."
08:02 EDTSKSSaks reports Q1 EPS ex-items 19c, consensus 19c
Reports Q1 revenue $793.19M, consensus $778.53M.
May 20, 2013
15:22 EDTSKSNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.
May 8, 2013
07:44 EDTSKSBofA/Merrill's retail analysts hold an analyst/industry conference call
Specialty Retail Analyst Hutchinson provides an update on April monthly sales, earnings and industry trends on an Analyst/Industry conference call. Relevant covered companies BBBY, BBY, BJ, CHS, COH, COST, DG, DLTR, FDO, FL, GPS, KR, KSS, LOW, M, NDN, PLCE, SKS, SWY, TGT, TJX, WMT and ZLC may be included on the Analyst/Industry conference call to be held on May 9 at 1 pm.

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