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Week in Preview: Macy's, Priceline, Others Kick Off Retail Earnings

Posted Nov 7th 2010 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Penney (J.C.) (JCP), Agilent Technologies (A), Kohl's Corp (KSS), Economic Data

earnings expectations This week, JCPenney (JCP), Kohl's (KSS) and Macy's (M) are the first of the major retailers to report results for the most recent quarter.

Macy's launched an American Express credit card and increased its mobile presence during the fiscal fourth quarter. The analysts surveyed by Thomson Reuters forecast Macy's earnings for that period come to three cents per share, which compares to a net loss of three cents per share in the same period of last year. The Cincinnati-based department store operator is expected to post revenue of $5.6 billion for the three months that ended in October, which is 5.2% more than a year earlier. For the full year, the forecast calls for earnings of $1.50 per share (+6.7%) and $8.2 billion in revenue (+4.3%). Macy's earnings results have been better than expected in recent quarters by a penny or a few per share.

Continue reading Week in Preview: Macy's, Priceline, Others Kick Off Retail Earnings

Under the radar: A factory in Wisconsin reinstates a second shift

Posted Sep 15th 2009 5:40PM by Joseph Lazzaro (RSS feed)
Filed under: Good news, Employees

Under the radar: Some trends are obvious enough and visible to all investors. Others are more-subtle, but are just as potent, and these often slip 'under the radar.'

Case in point: At a small factory in Wisconsin, something positive happened, something few investors are aware of -- but it's a data point that savvy investors should take note of.

Managers at Rockwell Automation (NYSE: ROK) plant reinstated a second shift, hiring 12 workers, The New York Times reported Saturday.

Continue reading Under the radar: A factory in Wisconsin reinstates a second shift