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Benzinga's Top Downgrades
Tuesday, November 18, 2014 - 9:53am | 133Read More...Analysts at William Blair downgraded Allergan (NYSE: AGN) from Outperform to Market Perform. The price target for Allergan is set to $219. Allergan's shares closed at $209.20 yesterday. Analysts at BMO Capital downgraded Wells Fargo & Company (NYSE: WFC) from Outperform to Market Perform. The...
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Bank of America Downgrades Macy's To Neutral
Tuesday, November 18, 2014 - 9:29am | 55Read More...Analysts at Bank of America downgraded Macy's (NYSE: M) from Buy to Neutral. The price target for Macy's is set to $65. Macy's shares have gained 22.22% over the past 52 weeks, while the S&P 500 index has surged 14.18% in the same period. Macy's shares dropped 0.89% to $61.06 in pre-market...
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Macy's, Inc. Prices $550.0M Of 20-Year Senior Notes
Thursday, November 13, 2014 - 5:13pm | 445Read More...Macy's, Inc. (NYSE: M) today announced the pricing of the public offering of $550.0 million aggregate principal amount of senior notes due 2034 by its wholly owned subsidiary, Macy's Retail Holdings, Inc. The senior notes were issued at a price of 98.940% of par and will bear interest at a rate of...
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UPDATE: Macy's Posts Upbeat Q3 Earnings, But Lowers Full-Year Forecast
Wednesday, November 12, 2014 - 10:15am | 281Read More...Macy's (NYSE: M) reported better-than-expected earnings for the third quarter. However, the company's revenue missed analysts' estimates. The company also lowered its outlook for the year. For the year, the retailer now projects earnings of $4.25 to $4.35 per share, versus its earlier forecast of $...
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US Stock Futures Slide Ahead Of Macy's Earnings
Wednesday, November 12, 2014 - 8:03am | 417Read More...Pre-open movers US stock futures traded lower in early pre-market trade. Macy's (NYSE: M) is projected to report its Q3 earnings at $0.50 per share on revenue of $6.34 billion. Data on wholesale inventories for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial...
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Earnings Scheduled For November 12, 2014
Wednesday, November 12, 2014 - 5:54am | 907Read More...Macy's (NYSE: M) is projected to report its Q3 earnings at $0.50 per share on revenue of $6.34 billion. J. C. Penney Company (NYSE: JCP) is estimated to post a Q3 loss at $0.80 per share on revenue of $2.81 billion. The ADT (NYSE: ADT) is expected to report its Q4 earnings at $0.48 per share on...
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Must Watch Stocks for November 12, 2014
Wednesday, November 12, 2014 - 5:07am | 371Read More...Some of the stocks that may grab investor focus today are: Wall Street expects Macy's (NYSE: M) to report its Q3 earnings at $0.50 per share on revenue of $6.34 billion. Macy's shares slipped 0.56% to $58.26 in after-hours trading. Pinnacle Foods (NYSE: PF) is projected to report its Q3 earnings at...
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Top 4 NYSE Stocks In The Department Stores Industry With The Highest ROE
Wednesday, October 22, 2014 - 5:08am | 117Read More...Below are the top department stores stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at The TJX Companies (NYSE: TJX) is 51.50%. TJX's PEG ratio is 1.73. The trailing-twelve-month return on equity at Macy's (NYSE: M) is 25.50%. Macy's operating margin for...
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Top 4 NYSE Stocks In The Department Stores Industry With The Highest EPS
Monday, September 8, 2014 - 4:35am | 117Read More...Below are the top department stores stocks on the NYSE in terms of earnings per share. The trailing-twelve-month earnings per share at Dillard's (NYSE: DDS) is $7.19. Dillard's PEG ratio is 1.13. The trailing-twelve-month earnings per share at Kohl's (NYSE: KSS) is $3.59. Kohl's revenue for the...
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Stocks Hitting 52-Week Highs
Friday, August 22, 2014 - 10:29am | 131Read More...Peregrine Semiconductor (NASDAQ: PSMI) shares jumped 61.18% to reach a new 52-week high of $12.40 after Murata Electronics North America announced its plans to acquire Peregrine Semiconductor for $12.50 per share in cash. 2U (NASDAQ: TWOU) shares gained 0.88% to reach a new 52-week high of $19.57....
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UPDATE: Macy's Announces Deal with NY State AG on Racial Profiling Allegations
Wednesday, August 20, 2014 - 8:33am | 532Read More...Macy's, Inc. (NYSE: M) today issued the following statement: “Macy's has reached resolution with the New York State Office of the Attorney General related to allegations of racial profiling in our stores in New York. We also have settled in principle various lawsuits related to these allegations...
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Morning Market Losers
Wednesday, August 13, 2014 - 9:51am | 276Read More...SeaWorld Entertainment (NYSE: SEAS) slipped 24.83% to $21.16 after the company reported downbeat second-quarter results and lowered its full-year forecast. King Digital Entertainment plc (NYSE: KING) shares dipped 23.52% to $13.92 after the company reported weak second-quarter revenue and cut its...
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UPDATE: Macy's Posts Downbeat Q2 Profit, Lowers Same-Store Sales Outlook
Wednesday, August 13, 2014 - 8:49am | 245Read More...Shares of Macy's (NYSE: M) tumbled more than 5% in pre-market trading after the company reported downbeat second-quarter earnings and lowered its full-year same-store sales outlook. Macy's now projects full-year same-store sales to rise 1.5% to 2%, versus its earlier outlook for a rise of 2.5% to 3...
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Earnings Scheduled For August 13, 2014
Wednesday, August 13, 2014 - 5:53am | 764Read More...Deere & Company (NYSE: DE) is projected to report its Q3 earnings at $2.20 per share on revenue of $8.75 billion. Pinnacle Foods (NYSE: PF) is expected to report its Q2 earnings at $0.33 per share on revenue of $629.33 million. Cisco Systems (NASDAQ: CSCO) is projected to post its Q4 earnings...
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Stocks To Watch For August 13, 2014
Wednesday, August 13, 2014 - 4:01am | 238Read More...Some of the stocks that may grab investor focus today are: Wall Street expects Macy's (NYSE: M) to report its Q2 earnings at $0.86 per share on revenue of $6.30 billion. Macy's shares declined 0.44% to $59.50 in after-hours trading. King Digital Entertainment PLC (NYSE: KING) reported weak second-...
