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Saks Inc

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  • Final Glance: Department Store Retail companies Tuesday, 21 May 2013 | 8:50 PM ET

    Kohl's Corp. rose $1.15 or 2.2 percent, to $52.35. Macy's Inc. rose$. 58 or 1.2 percent, to $49.43. Nordstrom rose$. 23 or. 4 percent, to $60.71.

  • After-Hours Buzz: Merck, Saks, Intuit & More Tuesday, 21 May 2013 | 4:51 PM ET

    Check out which companies are making headlines after the bell Tuesday:

  • NEW YORK, May 21- Shares of Saks Inc climbed higher Tuesday after the New York Post reported that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, citing a source briefed on the matter. They closed up 11.3 percent at $13.67 in regular trade, giving Saks a market value of more than $2 billion.

  • Stocks Climb on Dovish Fed Comments; Bernanke Up Next Tuesday, 21 May 2013 | 4:07 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks closed higher but off their best levels after two Fed officials dampened speculation the central bank was ready to consider "tapering" its bond-buying.

  • Earnings roundup: TJX, Saks Tuesday, 21 May 2013 | 3:20 PM ET

    Among the earnings stories for Tuesday, May 21, from AP Business News:. _ The TJX Cos., the parent company of TJ Maxx and Marshalls clothing stores, said that its fiscal first-quarter net income rose 8 percent to match Wall Street predictions.

  • Dudley-Bullard: one-two dovish punch fuels rally. It's no secret most of the Street has been trying to anticipate the anticipated Fed "tapering" of bond purchases.

  • Midday Glance: Department Store Retail companies Tuesday, 21 May 2013 | 1:16 PM ET

    Kohl's Corp. rose $1.02 or 2.0 percent, to $52.22. Macy's Inc. rose$. 50 or 1.0 percent, to $49.35. Nordstrom rose$. 39 or. 6 percent, to $60.87.

  • NYSE stocks posting largest percentage increases Tuesday, 21 May 2013 | 1:16 PM ET

    NEW YORK-- A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Saks Inc. rose 8.4 percent to $13.32. Transcontinental Realty Investors Inc. rose 7.8 percent to $6.90.

  • *Home Depot raises outlook, shares hit record intraday high. *JPMorgan shares hit highest since February 2001. NEW YORK, May 21- U.S. stocks gained on Tuesday as a record intraday high for Home Depot helped lift the blue-chip Dow, but investors were cautious a day ahead of congressional testimony from Federal Reserve Chairman Ben Bernanke.

  • Early Glance: Department Store Retail companies Tuesday, 21 May 2013 | 10:36 AM ET

    Kohl's Corp. rose$. 37 or. 7 percent, to $51.57. Macy's Inc. rose$. 26 or. 5 percent, to $49.11. Nordstrom rose$. 44 or. 7 percent, to $60.92.

  • All Eyes on Fed as Traders Look for Easing Clues Tuesday, 21 May 2013 | 10:29 AM ET

    Traders will be listening for clues about possible tapering off of quantitative easing when two Fed presidents speak later on Tuesday.

  • May 21- Saks Inc reported higher-than-expected first-quarter sales on Tuesday and said it would speed up the launch of an e-commerce site for its outlet chain as it tries to catch rivals.

  • May 21- Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for its outlet chain would weigh more on profits than expected.

  • Saks first-quarter same-store sales beat estimates Tuesday, 21 May 2013 | 8:17 AM ET

    May 21- Saks Inc on Tuesday reported higher than expected first-quarter sales, but it warned that investments to launch an e-commerce site for its outlet chain would weigh more on profits than expected. Saks reported a profit of $20 million, or 13 cents per share, for the quarter ended May 4, versus a year-earlier profit of $32.1 million, or 18 cents per share.

  • US Futures Flat as Investors Await Fed News Tuesday, 21 May 2013 | 8:13 AM ET

    U.S. futures signaled a flat-to-lower Wall Street open on Tuesday, as markets in Europe and Asia remained cautious ahead of Federal Reserve chief Ben Bernanke's testimony to the Senate.

  • Retailers in the Headlines, but Focus Is on the Fed Monday, 20 May 2013 | 8:52 PM ET

    Earnings from several retailers are a highlight Tuesday, but, for traders, the Fed will remain the focus all week.

  • Final Glance: Department Store Retail companies Monday, 20 May 2013 | 6:04 PM ET

    Kohl's Corp. fell$. 38 or. 7 percent, to $51.20. Macy's Inc. rose$. 18 or. 4 percent, to $48.85. Nordstrom fell$. 20 or. 3 percent, to $60.48.

  • Midday Glance: Department Store Retail companies Monday, 20 May 2013 | 1:16 PM ET

    Kohl's Corp. fell$. 39 or. 7 percent, to $51.19. Macy's Inc. rose$. 32 or. 7 percent, to $48.99. Nordstrom fell$. 14 or. 2 percent, to $60.54.

  • Retail Earnings to Watch This Week: Pros Monday, 20 May 2013 | 12:58 PM ET

    The CNBC "Fast Money" traders are looking for opportunity in retailers' quarterly earnings reports this week.

  • Early Glance: Department Store Retail companies Monday, 20 May 2013 | 10:31 AM ET

    Kohl's Corp. fell$. 26 or. 5 percent, to $51.32. Macy's Inc. rose$. 04 or. 1 percent, to $48.71. Nordstrom fell$. 13 or. 2 percent, to $60.55.