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Department Stores – J.C. Penney Company, Inc. (NYSE:JCP), The TJX Companies, Inc. (NYSE:TJX), Macy’s, Inc. (NYSE:M), Kohl’s Corporation (NYSE:KSS)
Struggling department-store operator J.C. Penney Company, Inc. (NYSE:JCP) recently announced it will cut 2,000 jobs and close 33 stores as it tries to get back on the path to profitability. Shares of J.C. Penney Company, Inc. (JCP) closed at $6.70 in last trading session. Yesterday share price of the company was traded in the range…
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Gainers on major news – Macy’s (NYSE:M),Intercept Pharmaceuticals (NASDAQ:ICPT), Delta Air Lines (NYSE:DAL), Costco Wholesale (NASDAQ:COST)
Macy’s Inc. forecast profit for its next fiscal year that is higher than analysts estimate and said it would cut 2,500 jobs to reduce costs. Shares of Macy’s, Inc. (NYSE:M) closed at $55.80 in last trading session. Yesterday share price of the company was traded in the range of $54.79 to $56.25. Company now has…
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Hot Stocks – Macy’s, Inc. (NYSE:M), Twitter Inc (NYSE:TWTR), FireEye Inc (NASDAQ:FEYE), Wal-Mart Stores (NYSE:WMT)
Macy’s, Inc. (NYSE:M) and Martha Stewart Living Omnimedia have announced an end to their bitter standoff over a breach-of-contract lawsuit involving J.C. Penney. Stewart’s company and Penney signed a merchandising deal in December 2011. That prompted Macy’s to sue both companies for violating its exclusive agreement with Martha Stewart. Shares of Macy’s, Inc. (NYSE:M) closed…
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Stocks To Watch– CalAmp Corp. (CAMP), Supernus Pharmaceuticals (SUPN), Johnson & Johnson (JNJ), Macy’s (M)
CalAmp Corp. (NASDAQ:CAMP) was a big mover last session, as the company saw its shares rise by almost 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above…
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Retail Stocks – Target Corporation (NYSE:TGT), Amazon.com (NASDAQ:AMZN), Wal-Mart Stores (NYSE:WMT), Macy’s (NYSE:M)
Hagens Berman Sobol Shapiro LLP, a consumer-rights law firm, today announced it is investigating a massive breach of customer data from Target Corporation (NYSE:TGT), following the retail chain’s announcement of unauthorized access to millions of credit and debit card numbers. Shares of Target Corporation (NYSE:TGT) closed at $ 61.88 during last trading session. The share…
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Eight Volatile Stocks From Services Sector: Amazon.com, Staples, Wal-Mart, Target, Macy’s, PriceSmart, Destination Maternity, Texas Industries
Amazon.com, Inc. (NASDAQ:AMZN)’s shares reports that it pass the $300 prices on Thursday as it to place a new all-time high, on a split-adjusted basis. The stock was surged 2.7% to hit high $300.69, assisted both by a generally strong uptick in the tech sector as well as strong data from ChannelAdvisor presentation that similar-store…
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Apple Inc. (AAPL) Lifts The World’s Top Retailer – (WMT, SPLS, ODP, M)
U.S. retailers, getting ready for Christmas with focus on fashion, innovation and the tried and true, may have to support a bit harder for sales in 2012 as shoppers in the United States are still concerned about the struggling economic recovery. The largest selling period of the year, with new marketing moves predicted to be…