Watch for Macy's to Potentially Pullback After Gaining 1.11% Yesterday
Comtex SmarTrend(R) - Fri Mar 04, 6:10PM CST
Macy's (NYSE:M) traded in a range yesterday that spanned from a low of $43.98 to a high of $45.13. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $44.16 on volume of 4.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
M: 44.58 (+0.49)
After Yesterday's Rally of 1.11% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Fri Mar 04, 6:10PM CST
Macy's (NYSE:M) traded in a range yesterday that spanned from a low of $43.98 to a high of $45.13. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $44.16 on volume of 4.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
M: 44.58 (+0.49)
Macy's: The Good, The Bad And The Ugly
Nicholas Mushaike - at Seeking Alpha - Fri Mar 04, 10:34AM CST
M: 44.58 (+0.49)
Jobs Report: Healthcare and Retail Lead Gains, Again
at The Street - Fri Mar 04, 8:40AM CST
It's been another strong month for U.S. employment, with retailers and healthcare workers leading the recovery.
AMZN: 575.14 (-2.35), M: 44.58 (+0.49), SHLD: 18.05 (-0.04)
Macy's, Inc. Adopts Proxy Access By-Laws Amendment
Business Wire - Thu Mar 03, 2:45PM CST
Macy's, Inc. (NYSE:M) today announced that its board of directors has amended the company's by-laws to implement "proxy access," reflecting its ongoing commitment to corporate governance best practices.
M: 44.58 (+0.49)
SodaStream Fizz Concierge to Replace Used CO2 Cylinders
Zacks Equity Research - Zacks Investment Research - Thu Mar 03, 2:10PM CST
Shares of SodaStream International Ltd. (SODA) gained about 4% after the carbonation system manufacturer launched a new CO2 carbonator exchange pilot program, SodaStream Fizz Concierge, in select locations in the Northeast.
KSS: 47.48 (+0.74), BBBY: 51.32 (+0.67), M: 44.58 (+0.49), SODA: 15.04 (-0.39)
Costco Adds to Concerns With Latest Weak Quarter
at The Street - Thu Mar 03, 11:47AM CST
Investors are starting to worry about how the usually-reliable warehouse retailer is doing, although there were some encouraging signs about younger shoppers.
WMT: 66.78 (+0.64), M: 44.58 (+0.49), COST: 150.90 (-0.70), GOOG: 710.89 (-1.53)
Nordstrom Furthers Expansion with Memphi's 1st Rack Store
Zacks Equity Research - Zacks Investment Research - Thu Mar 03, 10:50AM CST
Nordstrom (JWN) took another step toward expansion with plans to introduce a Rack store in Tennessee
DDS: 84.11 (-0.43), TGT: 81.13 (+1.42), M: 44.58 (+0.49), JWN: 54.51 (+1.45)
Target Unlikely to Outsource Departments Other Than Its Pharmacies
at The Street - Thu Mar 03, 9:56AM CST
Target's partnership with CVS Health "was a very unique opportunity," said the retailer's chairman and CEO Brian Cornell.
GPRO: 13.36 (-0.22), JCP: 11.21 (+0.37), TGT: 81.13 (+1.42), M: 44.58 (+0.49), BBY: 33.57 (+0.05), SNE: 22.93 (+0.82), CVS: 99.28 (-0.10), INTC: 30.63 (+0.05), AAPL: 103.01 (+1.51), FINL: 18.76 (+0.08)
How Abercrombie & Fitch Got Its Sexy Back
at The Street - Thu Mar 03, 7:37AM CST
Fresh off a much better-than-expected fourth quarter, TheStreet talks with Abercrombie & Fitch's CEO about who its target customer is now and the company's plans for 2016.
ANF: 32.28 (+1.14), JCP: 11.21 (+0.37), M: 44.58 (+0.49), SHLD: 18.05 (-0.04)
Will Mall Anchor Stocks Like Macy's and J.C. Penney Beat Amazon?
at The Street - Thu Mar 03, 7:21AM CST
Mall anchors Dillard’s, J.C. Penney, Nordstrom and Macy's continue to outperform Amazon so far in 2016, and malls were more crowded than expected during the 2015 holiday season.
DDS: 84.11 (-0.43), AMZN: 575.14 (-2.35), JCP: 11.21 (+0.37), M: 44.58 (+0.49), JWN: 54.51 (+1.45)
Costco's Big Earnings Miss Is a Tough Pill to Swallow
at The Street - Thu Mar 03, 7:00AM CST
There are at least four things that stand out as bothersome.
JCP: 11.21 (+0.37), M: 44.58 (+0.49), WMT: 66.78 (+0.64), COST: 150.90 (-0.70)
InsiderInsights.com Daily Round Up 3/2/16: SGEN, SLRC, HUBS, OMF
InsiderInsights - at Seeking Alpha - Thu Mar 03, 6:43AM CST
ROP: 172.50 (+0.12), AR: 22.89 (-1.00), MSCI: 69.50 (-0.59), SLRC: 17.45 (-0.08), IPG: 21.48 (+0.04), M: 44.58 (+0.49), WNR: 27.47 (-1.32), ERC: 11.68 (+0.11), SMLP: 14.94 (+0.95), MSI: 70.95 (-0.30), W: 44.73 (-0.70), OPK: 9.70 (+0.10), SGEN: 32.53 (+0.96), FNFV: 10.60 (-0.03), RLGY: 34.27 (+0.38), DPZ: 132.99 (+0.15), OMF: 26.82 (+0.80), DSU: 3.42 (+0.03), CRM: 71.06 (+0.26), HUBS: 43.74 (+0.10)
Sports Authority stumbled as shoppers moved online
By MARCY GORDON - AP - Wed Mar 02, 6:17PM CST
Fans coveting their favorite team's jersey with the personal touch of their name on the back are flocking online, likely not to the sports store at their local mall. Consumer habits are evolving.
JCP: 11.21 (+0.37), M: 44.58 (+0.49)
UVXY: My Plan For Success In 2016
Seth Golden - at Seeking Alpha - Wed Mar 02, 4:35PM CST
FIT: 12.86 (+0.39), BBBY: 51.32 (+0.67), UVXY: 30.25 (+0.67), JCP: 11.21 (+0.37), M: 44.58 (+0.49), UBS: 16.51 (-0.01)
Instant Analysis: Macy's Boosts Share Buybacks, Will Hike Its Dividend This Summer
Eric Volkman, The Motley Fool - Motley Fool - Wed Mar 02, 4:26PM CST
What happened? With an unhappy 2015 now behind it, Macy's is making moves to return more money to shareholders. The retailer announced on Feb. 26 that it intends to declare a dividend of just under $0.38 per share, 5% higher than the preceding...
JCP: 11.21 (+0.37), M: 44.58 (+0.49)
5 Things J.C. Penney Company, Inc. Management Wants You to Know
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Wed Mar 02, 11:45AM CST
J.C. Penney made huge strides in its turnaround effort during 2015, culminating in a big Q4 earnings beat . Following the company's earnings release last week, J.C. Penney CEO Marvin Ellison and CFO Ed Record talked about the company's plans to...
JCP: 11.21 (+0.37), M: 44.58 (+0.49)
Sports Authority Turnover a Big Win for Dick's Sporting Goods
at The Street - Wed Mar 02, 11:15AM CST
Today's retail market makes a late-game comeback unlikely for the privately held sporting-goods chain.
UA: 84.00 (+0.91), DKS: 43.72 (+0.23), WMT: 66.78 (+0.64), M: 44.58 (+0.49), FL: 63.00 (-0.24)
Cash in on the Next “Anti-Amazon” Trade
Greg Guenthner - Daily Reckoning - Wed Mar 02, 10:38AM CST
This post Cash in on the Next “Anti-Amazon” Trade appeared first on Daily Reckoning . The media has been trumpeting the tune that big, bad Amazon is destroying brick and mortar retailers left and right. But the retail revolution will...
WMT: 66.78 (+0.64), M: 44.58 (+0.49), XRT: 44.82 (+0.22)
Better Buy: Macy’s, Inc. vs. J C Penney Company Inc.
Brian Stoffel, The Motley Fool - Motley Fool - Wed Mar 02, 8:40AM CST
Will these popular retailers see their stocks move up or down in the coming years? J.C. Penney and Macy's represent the "old guard" of fashion retailers. The two have been in operation for a combined 272 years. It's tough to find that type of...
AMZN: 575.14 (-2.35), JCP: 11.21 (+0.37), M: 44.58 (+0.49)