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Deutsche Bank Downgrades Macy's; Says 'Don't Catch A Falling Star'
Monday, June 29, 2015 - 9:07am | 333In a report published Monday, Deutsche Bank analyst Paul Trussell downgraded the rating on Macy's, Inc. (NYSE: M) from Buy to Sell, while reducing the price target from $71 to $63. Analyst Paul Trussell said that he had “low confidence” in Macy’s being able to “bust...
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US Stock Futures Signal Lower Start On Wall Street
Monday, June 29, 2015 - 7:28am | 485Pre-open movers US stock futures traded lower in early pre-market trade. The pending home sales index for May will be released at 10:00 a.m. ET, while the Dallas Fed general activity index for June will be released at 10:30 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 198 points...
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Buckingham Research: Macy's Stock Has 17% Upside, Real Estate Monetization Now In Focus
Wednesday, June 24, 2015 - 10:41am | 247In a report published Wednesday, Buckingham Research analyst David J. Glick maintained a Buy rating on Macy's, Inc. (NYSE: M), with a price target of $82, after Darden Restaurants, Inc. (NYSE: DRI) announced a strategic real estate plan, adding to the positive catalysts. Darden's strategic real...
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Top 4 NYSE Stocks In The Department Stores Industry With The Highest Profit Margin
Monday, June 22, 2015 - 4:32am | 127Below are the top department stores stocks on the NYSE in terms of profit margin. The trailing-twelve-month profit margin at TJX Companies Inc (NYSE: TJX) is 7.60 percent. TJX's ROE for the same period is 52.00 percent. The trailing-twelve-month profit margin at Macy's, Inc. (NYSE: M) is 5.30...
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Macy's Run Overshoots Upside Projections, Will The Stock Run Higher?
Monday, June 15, 2015 - 12:25pm | 480Macy's, Inc. (NYSE: M) has been one of the retail sector's – and the market's – top performers (at least in terms of consistent upside trajectory) for quite a while now. The big bet by institutions has been on the affluent consumer continuing to pump their cash into stores like Macy's, Nordstrom...
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Morning Market Losers
Wednesday, May 13, 2015 - 9:59am | 359EZchip Semiconductor Ltd (NASDAQ: EZCH) shares tumbled 25.19 percent to $14.62 after the company reported upbeat Q1 results and provided an update on the status of NPS adoption. Ducommun Incorporated (NYSE: DCO) shares slipped 17.46 percent to $25.25. Ducommun reported a Q1 loss of $2 million on...
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Macy's Misses Q1 Views
Wednesday, May 13, 2015 - 8:36am | 296Macy's, Inc. (NYSE: M) reported weaker-than-expected results for the first quarter. The Cincinnati, Ohio-based company posted quarterly earnings of $193 million, or $0.56 per share, compared to $224 million, or $0.60 per share, in the year-ago period. Its revenue slipped 0.7 percent to $6.23...
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Benzinga's Top #PreMarket Losers
Wednesday, May 13, 2015 - 8:22am | 220Orexigen Therapeutics, Inc. (NASDAQ: OREX) fell 10.62 percent to $5.30 in pre-market trading. The company terminated a cardiovascular outcomes trial of its anti-obesity drug Contravene, from which interim results were inadvertently released earlier this year. The trial is not being terminated...
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10 Stocks You Should Be Watching Today
Wednesday, May 13, 2015 - 5:15am | 427Some of the stocks that may grab investor focus today are: Wall Street expects Macy's, Inc. (NYSE: M) to report its Q1 earnings at $0.62 per share on revenue of $6.32 billion. Macy's shares fell 0.02 percent to $65.32 in after-hours trading. McKesson Corporation (NYSE: MCK) reported stronger-than...
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Earnings Scheduled For May 13, 2015
Wednesday, May 13, 2015 - 4:14am | 759Aramark (NYSE: ARMK) is expected to report its Q2 earnings at $0.36 per share on revenue of $3.57 billion. Macy's, Inc. (NYSE: M) is projected to report its Q1 earnings at $0.62 per share on revenue of $6.32 billion. Cisco Systems, Inc. (NASDAQ: CSCO) is expected to post its Q1 earnings at $0.53...
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Did Happy Workers Spend Their Paychecks? It Matters for Markets
Monday, May 11, 2015 - 3:49pm | 996Stocks and bonds rallied Friday although maintained recent ranges after the April jobs report felt like the three bears’ third bowl of porridge—not too hot to raise interest rate fears, and not too cold to rekindle worries about the economic outlook. Although Friday seemed to...
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With 10% Of Companies Left To Report, Where Does S&P 500 Q1 Earnings Growth Stand?
Monday, May 11, 2015 - 1:26pm | 461In typical fashion, the retailers wrap up the earning season. That procession begins this week when several department stores report their first quarter results. The S&P 500 multi-line retailers have struggled in the last couple of quarters, but this season they are expected to put up...
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Top 4 NYSE Stocks In The Department Stores Industry With The Highest Profit Margin
Monday, May 11, 2015 - 4:28am | 129Below are the top department stores stocks on the NYSE in terms of profit margin. The trailing-twelve-month profit margin at TJX Companies Inc (NYSE: TJX) is 7.60 percent. TJX's PEG ratio is 2.14. The trailing-twelve-month profit margin at Macy's, Inc. (NYSE: M) is 5.40 percent. Macy's EPS for...
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Top 4 NYSE Stocks In The Department Stores Industry With The Highest ROA
Monday, May 4, 2015 - 4:34am | 133Below are the top department stores stocks on the NYSE in terms of return on assets. The trailing-twelve-month return on assets at TJX Companies Inc (NYSE: TJX) is 20.10 percent. TJX's EPS for the same period is $3.15. The trailing-twelve-month return on assets at Dillard's, Inc. (NYSE: DDS) is...
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Stocks Hitting 52-Week Highs
Tuesday, April 7, 2015 - 10:48am | 133Informatica Corporation (NASDAQ: INFA) shares touched a new 52-week high of $47.78 after the company agreed to be acquired by Permira Advisers LLC and the Canada Pension Plan Investment Board for $48.75 per share. Macy's, Inc. (NYSE: M) shares rose 0.95% to reach a new 52-week high of $68.78....