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Stock Market & Financial Investment News

News Breaks
February 11, 2013
16:26 EDTSSIStage Stores to consolidate South Hill office operations to Houston headquarters
Stage Stores announced that it will consolidate its South Hill, Virginia regional operations into its Houston, Texas corporate headquarters. This consolidation is expected to increase efficiency, create synergies, reduce expenses and enhance growth.
News For SSI From The Last 14 Days
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August 21, 2015
10:02 EDTSSIOn The Fly: Analyst Downgrade Summary
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07:53 EDTSSIStage Stores downgraded to Underperform from Buy at BofA/Merrill
BofA/Merrill downgraded Stage Stores two notches to Underperform from Buy and lowered its price target to $12 from $24. Following the disappointing Q2 report and FY15 guidance, the firm said it no longer has confidence in turnaround initiatives and expects continued layoffs through 2016 to pressure next year's growth.
06:56 EDTSSIStage Stores downgraded to Neutral from Buy at B. Riley
B. Riley downgraded Stage Stores to Neutral and lowered its price target to $14 from $20 citing the Q2 miss and lowered guidance.
05:35 EDTSSIStage Stores downgraded to Neutral from Buy at B. Riley
B. Riley analyst Jeff Van Sinderen downgraded Stage Stores to Neutral citing caution over the company's second half of 2015 after its Q2 results missed expectations and guidance was reduced. The analyst cut his price target for shares to $14 from $20.
August 20, 2015
16:48 EDTSSIOn The Fly: Top stock stories for Thursday
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06:03 EDTSSIStage Stores reports Q2 comparable sales up 0.8%
06:02 EDTSSIStage Stores cuts FY15 adjusted EPS to $1.05-$1.15 from $1.20-$1.28
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06:01 EDTSSIStage Stores: Q2 challenged by weaker peso, economic softness US
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06:01 EDTSSIStage Stores reports Q2 adjusted EPS 22c, consensus 34c
Reports Q2 revenue $380.92M, consensus $384.63M.

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