19/05/2013 02:56:45 Free Membership Login

Saks News (NYSE:SKS)

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05/17/20134:09PMDJNWEEK AHEAD: Home Depot, Lowe's, Best Buy, Housing Data in Spotlight
By Ben Fox Rubin Retailers will be the dominant sector on next week's earnings calendar, with many big names in the space reporting. Also, some housing data should provide clues about the housing market's momentum. Heavy Week for Retailers Rivals Home Depot Inc. (HD) and Lowe's Cos. (LOW) come out with their quarterly... More...>>
05/15/20137:50AMZACKSEarnings Preview: Kohl's - Analyst Blog
Kohl’s Corporation (KSS) is set to report first quarter 2013 results on May 16, before the market opens. In the fourth quarter of 2012, Kohl’s delivered a 1.84% positive surprise. Let’s see how things are shaping up prior to this announcement. Factors to Consider this Quarter Kohl’s slow inventory... More...>>
05/15/20135:40AMZACKSWalmart Earnings Preview: Will it Miss? - Analyst Blog
Retail giant Wal-Mart Stores, Inc (WMT) is set to report its first-quarter fiscal 2014 results on May 16 before the market opens. Last quarter, it posted a 6.37% positive surprise. Let’s see how things are shaping up for this announcement. Growth Factors this Past Quarter Strong top-line growth driven by increase... More...>>
05/07/20131:54PMZACKSSaks Retained at Neutral - Analyst Blog
On May 3, 2013, we maintained our Neutral recommendation on Saks Inc. (SKS), a traditional and luxury departmental chain. This was in view of the strong same-store sales reported by the company consecutively for two years as well as the fourth-quarter 2013 earnings, which surpassed estimates. However, net sales rose only... More...>>
05/03/20134:18PMBWSaks Fifth Avenue OFF 5TH Remodels Stores in Milpitas, CA And Grapevine, TX
Saks Fifth Avenue OFF 5TH announced today that it plans to officially unveil its newly remodeled stores in Milpitas, California and Grapevine, Texas on Friday, May 10, 2013. Both stores have been remodeled in Saks Fifth Avenue’s innovative “luxury-in-a-loft” store design, which beautifully highlights the merchandise... More...>>
04/24/20139:15AMBWSaks Incorporated to Present at Barclays 2013 Retail and Consumer Discretionary Conference
Stephen I. Sadove, Chairman and Chief Executive Officer of Saks Incorporated (NYSE: SKS), will make a presentation at the Barclays Capital Retail and Consumer Discretionary Conference at 10:35 a.m. Eastern Time on Tuesday, April 30, 2013, at Barclays offices in New York City. A webcast of the presentation may be accessed... More...>>
04/23/201310:30AMBWSaks Incorporated to Close Its Saks Fifth Avenue Store in Tampa, Florida
Retailer Saks Incorporated (NYSE: SKS) (“Saks” or the “Company”) today announced that it plans to close its Saks Fifth Avenue store located in the WestShore Plaza in Tampa, Florida on May 4, 2013. Steve Sadove, Chairman and Chief Executive Officer of Saks, commented, “This planned closing is in line with our... More...>>
04/19/20138:50AMZACKSEarnings Preview: DeVry Inc. - Analyst Blog
We expect DeVry Inc. (DV) to beat expectations when it reports fiscal third quarter 2013 results on Apr 23. Last quarter it posted an impressive 55.36% positive surprise. Why a Likely Positive Surprise? Our proven model shows that DeVry is likely to beat earnings because it has the right combination of two key ingredients... More...>>
04/16/20139:20AMDJNU.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
Among the companies with shares expected to actively trade in Tuesday's session are Coca-Cola Co. (KO), Johnson & Johnson (JNJ) and HCA Holdings Inc. (HCA). Coca-Cola Co.'s (KO) first-quarter results topped expectations and investors seemed pleased with the company's plans to start refranchising the bottling system... More...>>
04/16/20137:26AMDJNU.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
Among the companies with shares expected to actively trade in Tuesday's session are Sarepta Therapeutics Inc. (SRPT), HCA Holdings Inc. (HCA) and Netgear Inc. (NTGR). Sarepta Therapeutics said the Food and Drug Administration will consider accelerated approval for its eteplirsen drug to treat Duchenne muscular dystrophy... More...>>
04/15/20134:22PMBWSaks Incorporated Completes Redemption of 2.0% Convertible Senior Notes Due 2024
Retailer Saks Incorporated (NYSE: SKS) (the “Company”) today announced that it has completed the redemption of $230.0 million outstanding principal amount of its 2.0% Convertible Senior Notes due March 15, 2024 (the “Notes”). Approximately 92% of the Notes, or $212.325 million, were tendered at a redemption price... More...>>
04/11/20136:08PMDJNCorrection to Retailers Deliver Chilly Same-Store Sales Results Story
"2nd UPDATE: Retailers Deliver Chilly Same-Store Sales Results," at 4:35 p.m. EDT, misstated the growth in same store sales of the 11 retailers tracked by Thomson Reuters in the seventh paragraph. These retailers posted a 1.9% rise in March, not 2.2%. Also, it is the lowest showing since August 2009, not September 2009... More...>>
04/11/20135:05PMDJN2nd UPDATE: Retailers Deliver Chilly Same-Store Sales Results
--Retailers struggled against weather, uncertain economy, strength a year ago --Easter shift also blamed --L Brands, Costco beat expectations (Updates with results from Gap in 5th paragraph and new final results in 8th paragraph) By Karen Talley Retailers posted tepid sales for a second month in a row, with March blasted... More...>>
04/11/201310:19AMDJNUPDATE: Retailers Delivering Chilly Same-Store Sales Results
--Retailers struggled against weather, uncertain economy, strength a year ago --Easter shift also blamed --L Brands, Costco beat expectations (Adds results from additional retailers, including Ross Stores, and more detail throughout.) By Karen Talley Retailers are posting tepid sales for a second month in a row, with March... More...>>
03/29/20132:28PMBWSaks Fifth Avenue OFF 5TH to Open Store in Chandler, Arizona
Saks Incorporated’s Saks Fifth Avenue OFF 5TH announced today that it plans to open its doors in Chandler, AZ on Thursday, April 4, 2013. The new 28,000-square-foot store is located in Phoenix Premium Outlets, which is opening to the public that day. It is the second Saks Fifth Avenue OFF 5TH outlet facility that will... More...>>
03/28/201311:15AMBWSaks Incorporated Amends Revolving Credit Facility
Retailer Saks Incorporated (NYSE: SKS) (the “Company”) today announced that it has entered into an amendment to its existing revolving credit agreement. The amendment increases the maximum availability from $500 million to $600 million and extends the maturity date of this facility to March 28, 2018 from March 29... More...>>
03/25/20134:00PMBWSaks Fifth Avenue Appoints John Cruz as Senior Vice President and Director of the New York Flagship Store
Retailer Saks Incorporated (the "Company") announced today that John Cruz has been appointed Senior Vice President and Director of the New York City Saks Fifth Avenue flagship store effective April 29, 2013. He will report directly to Jennifer de Winter, Executive Vice President of Stores. Cruz currently serves as Vice... More...>>
03/18/20139:31AMPRNUSCritical Alerts For eBay, National Oilwell Varco, Blackstone Group, Saks, and Coeur d'Alene Mines Released By InvestorsObserver
Critical Alerts For eBay, National Oilwell Varco, Blackstone Group, Saks, and Coeur d'Alene Mines Released By InvestorsObserver PR Newswire CHICAGO, March 18, 2013 CHICAGO, March 18, 2013 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EBAY, NOV, BX, SKS, and CDE. (Photo: http://photos.prnewswire.com/prnh/20120712/CG39046... More...>>
03/15/20139:10AMBWSaks Incorporated Announces Redemption of 2.0% Convertible Senior Notes Due 2024
Retailer Saks Incorporated (NYSE: SKS) (the “Company”) today announced that it is giving notice to holders of the $230.0 million outstanding principal amount of its 2.0% Convertible Senior Notes due March 15, 2024 (the “Notes”) that the Company is redeeming all of the Notes at a redemption price equal to 100.2... More...>>
03/14/20136:48PMBWSaks Fifth Avenue to Augment Designer Assortment and Double Size of New Sarasota Store
Saks Fifth Avenue is pleased to reveal exciting details about the previously announced opening of a new two-level, 80,000 square foot store in The Mall at University Town Center in Sarasota, Florida, which is presently under construction at the intersection of I-75 and University Parkway. The Mall at University Town Center... More...>>


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