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Stock Market & Financial Investment News

News Breaks
November 15, 2012
06:42 EDTF, JCP, WMT, GM, M, SKS, TGTU.S. retail sales declined in October, Bloomberg reports
In October, U.S. retail sales declined as consumers retreated following a three-month shopping spree and as the storm Sandy hit the East Coast, closing malls and auto dealerships, reports Bloomberg. The 0.3% drop came after a 1.3% increase in September. Reference Link
News For WMT;TGT;M;JCP;SKS;GM;F From The Last 14 Days
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May 22, 2013
13:07 EDTSKSKKR weighs Saks investment, may push Neiman Marcus merger, Bloomberg says
KKR (KKR) is considering an investment in Saks (SKS) and may push Saks to pursue a merger with Neiman Marcus, reports Bloomberg, citing people with knowledge of the matter. Saks shares are up $2.25, or 16.46%, to $15.92 after reports last night said the company retained Goldman Sachs (GS) to explore strategic alternatives, including a possible sale. Reference Link
12:53 EDTSKSKKR considers Saks investment, could push merger with Neiman, Bloomberg says
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12:20 EDTSKS, TGTOn The Fly: Midday Wrap
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12:17 EDTGMGM to bring apps to some autos, Cnet reports
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11:53 EDTSKSHigh option volume stocks: UAN MYL ALNY SKS XIDE
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11:13 EDTTGTTarget continues to see EPS of $8 or more by 2017
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11:10 EDTTGTTarget lowers FY13 SSS view to 2%-2.5% from prior view 2.7%
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11:08 EDTTGTTarget sees Q2 SSS 2%-3%
11:06 EDTF, GMAuto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80.
09:53 EDTTGTTarget slides following earnings, levels to watch
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08:59 EDTTGT, SKSOn The Fly: Pre-market Movers
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08:56 EDTSKSSaks price target raised to $18.50 from $13.50 at Maxim
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08:21 EDTSKSSaks leveraged buyout unlikely, but plausible, says Deutsche Bank
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07:46 EDTFFord shares could rise 50% over next two years, Barron's says
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07:38 EDTTGTTarget says 'disappointed' in Q1 performance
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07:35 EDTTGTTarget lowers FY13 adjusted EPS view to $4.70-$4.90 from $4.85-$5.05
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07:33 EDTTGTTarget sees Q2 adjusted EPS $1.09-$1.19, consensus $1.06
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07:32 EDTTGTTarget reports Q1 adjusted EPS with items 77c, consensus 87c
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07:26 EDTSKSJPMorgan pegs Saks potential takeout range at $15.50-$18 per share
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07:07 EDTSKSSaks price target raised to $18 from $13 at CLSA
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