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News For WAG;CVS;KR;SWY;M;KSS From The Last 14 Days Check below for free stories on WAG;CVS;KR;SWY;M;KSS the last two weeks. |
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| May 23, 2013 |
| 14:45 EDT |  | M | Retailers file new suit against card companies over swipe fees, Bloomberg says
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| 11:59 EDT |  | M | Retailers file suit against Visa, MasterCard over credit cards, Bloomberg says
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| May 22, 2013 |
| 08:03 EDT | | KSS | Kohl's announces Michelle Gass as Chief Customer Officer
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| May 20, 2013 |
| 15:52 EDT |  | WAG | Walgreen downgraded to Market Perform from Outperform at Barrington
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| May 17, 2013 |
| 12:33 EDT | | WAG | AmerisourceBergen receives approval of Walgreens, Alliance Boots investment
AmerisourceBergen (ABC) announced that the parties have received regulatory approval of the previously disclosed agreement for Walgreen (WAG) and Alliance Boots GmbH to purchase an equity stake in the company. AmerisourceBergen continues to expect the new agreements to contribute an incremental $25B in revenues and approximately 20c in earnings per share in FY14, excluding the amortization of certain expenses related to the transaction and the warrants issued, certain non-recurring costs and a potential LIFO charge, and net of certain start up expenses. In addition, the company reiterated its expectations for financial performance for fiscal year 2013, which includes expected revenue growth in the 11%-13% range, and diluted earnings per share from continuing operations in the lower half of the range of $3.04 to $3.14, excluding certain expenses related to the relationship with Walgreens and Alliance Boots and the warrants issued, and the expected LIFO charge from onboarding of additional branded inventory. |
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| 07:45 EDT |  | KSS | Kohl's risk/reward remains attractive, says RW Baird
Baird views the risk/reward for Kohl's as attractive following Q1 results. The firm cited effective inventory management despite disappointing sales, easier comps, and ongoing initiatives to improve operations. Shares are Outperform rated with a $57 price target. |
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| May 16, 2013 |
| 14:44 EDT | | KSS | Kohl's can beat Q2 guidance, says RW Baird
RW Baird believes that easier comps and pent-up demand for spring/summer merchandise could enable Kohl's to beat its in-line Q1 EPs guidance. The firm thinks the company has several upcoming positive catalysts and keeps an Outperform rating on the stock. |
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| 09:32 EDT |  | KSS | Kohl's spikes sharply after earnings beat, levels to watch
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| 09:19 EDT | | KSS | On The Fly: Pre-market Movers
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| 07:04 EDT |  | KSS | Kohl's sees Q2 EPS $1.00-$1.08, consensus $1.05
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| 07:03 EDT | | KSS | Kohl's reports Q1 SSS down 1.9%
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| 07:02 EDT | | KSS | Kohl's reports Q1 EPS 66c, consensus 58c
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| May 15, 2013 |
| 17:30 EDT | | CVS | Relational Investors gives quarterly update on stakes
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| 16:24 EDT |  | M | On The Fly: Closing Wrap
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| 15:34 EDT | | M | Macy's price target raised to $54 from $46 at Credit Suisse
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| 15:11 EDT | | KSS | Notable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.15; Kohl's (KSS), consensus 58c; Flowers Foods (FLO), consensus 42c; Brady Corp. (BRC), consensus 60c; Prestige Brands (PBH), consensus 35c. |
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| 15:05 EDT |  | KSS | Kohl's May 50 straddle priced for 5.1% move into Q1
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| 12:28 EDT | | M | On The Fly: Midday Wrap
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| 11:11 EDT | | M | Macy's sees Q2 sales down less than previously thought
Although Macy's sees Q2 sales down sequentially, the company now sees less of a difference than previously thought. On the Q1 earnings call the CFO said, "I would add though that while we still expect Q2 sales to fall below that in Q1, we now expect the spread between the first and second quarters to be by less than the 200-300 basis points we had mentioned in February. We believe we will get a benefit in the second quarter as the weather finally begins to get warmer." |
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| 09:23 EDT | | M | Macy's hits a new life high after results, levels to watch
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