30.09.2013 14:00:00
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Stock Performance Update, Events, Appointments, Investor Conferences and Partnerships - Research Report on jcpenney, Macy's, Tiffany, Signet, and Saks
NEW YORK, September 30, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting J.C Penney Company, Inc. (NYSE: JCP), Macy's, Inc. (NYSE: M), Tiffany & Co. (NYSE: TIF), Signet Jewelers Ltd. (NYSE: SIG), and Saks Inc. (NYSE: SKS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
J.C Penney Company, Inc. Research Report
On September 26, 2013, Bloomberg reported that J.C. Penney Company, Inc., (jcpenney) who is trying to reverse $1.6 billion of losses in the past year, fell the most in almost seven months after Goldman Sachs Group Inc. said that jcpenney's liquidity will be strained this quarter. According to the release, on September 25, 2013 the Company's stock fell 15% to close at $10.12 in New York, the biggest one-day loss since February, 28, 2013 - the day jcpenney reported the lowest annual sales since at least 1987. The Bloomberg report also mentioned a quotation by Kristen McDuffy, a New York-based analyst for Goldman quoted, "Weak fundamentals, inventory rebuilding, and an underperforming home department will likely challenge J.C. Penney's liquidity levels in the third quarter. In order to safeguard against a potentially poor fourth-quarter holiday season, it is likely that management will look to build a bigger liquidity buffer." The Full Research Report on J.C Penney Company, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/JCP]
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Macy's, Inc. Research Report
On September 24, 2013, Macy's Inc. (Macy's) announced that SeaWorld Parks & Entertainment will debut its "A Sea of Surprises" float in the upcoming 87th Annual Macy's Thanksgiving Day Parade. According to the Company, the32-foot long float will feature sculptures of sea turtles, penguins and fish, along with other amazing sea creatures. Amy Kule, Executive Producer of Macy's Thanksgiving Day Parade enthused, "The magicians of Macy's Parade Studio have outdone themselves yet again with the awe-inspiring and entertaining design of the new SeaWorld float. With its diverse and majestic depictions of sea creatures transformed into larger-than-life form, the 'A Sea of Surprises' float is sure to inspire millions of children and adults to learn more about, appreciate and enjoy all forms of aquatic life." Macy's stated that the 87th Annual Macy's Thanksgiving Day Parade will air nationwide on NBC-TV, on Thursday, November 28, 2013 from 9 a.m. - noon, in all time zones. The Full Research Report on Macy's, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/M]
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Tiffany & Co. Research Report
On September 24, 2013, Tiffany & Co.'s (Tiffany) Board of Directors announced the appointment of Frederic Cumenal as President of the Company, as well as a member of the Company's Board. Tiffany informed that in his new role, Cumenal will retain his regional responsibilities and will handle Design, Merchandising and Marketing functions, and will report directly to Michael J. Kowalski, Tiffany's Chairman and CEO. Mr. Kowalski, commented, "Since joining Tiffany in March 2011, from the LVMH Group where he was president and chief executive officer of Moet & Chandon, S.A., Frederic has made important contributions to the operational and strategic development of our business. He has brought a global luxury perspective to our brand management initiatives and, in particular, has led the evolution of our regional organizations to support our continued worldwide expansion." The Full Research Report on Tiffany & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/TIF]
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Signet Jewelers Ltd. Research Report
On September 6, 2013, Signet Jewelers Ltd. (Signet) announced the schedule for its upcoming New York Analyst Day. According to the Company, the event will take place on October 8, 2013 and will be hosted by Mike Barnes, CEO; Ron Ristau, CFO; Mark Light, US Division CEO and President; and Seb Hobbs, UK Division Managing Director. Signet further added that the presentation, Q&A session will be audiocast live between 10:00 a.m. and 12:30 p.m. at Signet's website. The Full Research Report on Signet Jewelers Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/SIG]
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Saks Inc. Research Report
On September 25, 2013, Saks Fifth Avenue, operated by Saks Inc., announced its partnership with the hit ABC series "Scandal." According to the Company, the multi-platform collaboration will take place in-store, online and on-screen, celebrating the unique and iconic style aesthetic that has become the signature look of the political drama. Saks Fifth Avenue's Chairman and CEO, Steve Sadove said, "We are delighted to be working with ABC and Scandal on this partnership. There is a great synergy between the fashion forward characters on the show and the style sensibility of our Saks Fifth Avenue customers." The Company stated that the collaboration officially will kick-off via a star-studded event hosted by Mercedes Benz on October 2, 2013, celebrating the show's premier for the third season. The Full Research Report on Saks Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-25/SKS]
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EDITOR NOTES:
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SOURCE Investors' Reports
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